The Orissa High Court has directed the Odisha Real Estate Regulatory Authority (ORERA) not to transfer property execution cases to civil courts for the recovery of dues. Get the latest updates on the court s observation and the impact on homebuyers.
The platform, called conciliation and dispute resolute (CDR) cell, will allow interested homebuyers and promoters to initiate a conciliation process and arrive at a mutual decision without going to court.
Bhubaneswar: Distressed homebuyers in the state will soon have a platform to mutually discuss their issues with promoters as the Odisha Real Estate Re.
The affidavit was filed in reply to a PIL seeking intervention against ORERA sending its orders imposing the penalty to the civil courts for execution.