January 16, 2024: The Odisha Real Estate Regulatory Authority (ORERA) has established a conciliation and dispute resolution (CDR) cell that will resolve differences between the homebuyers and developers. This is in line with the Odisha High Court’s order to establish rules for Apartment Ownership and Management Act.
With the CDR cell, the grievances coming to Odisha RERA can be mutually solved instead of taking the help of the Odisha RERA court, mention media reports. If the grievance is resolved in the CDR cell, a note of it is made. However, if it is not resolved, then, the dispute will be sent to the ORERA court.
As per reports, the CDR cell will include of members including the secretary, joint secretary, legal advisor, CREDAI representative and rep from the Apartment Buyers’ Association
The cell will have five members – a secretary, a joint secretary, a legal advisor, a representative each from the Confederation of Real Estate Developers’ Association of India (CREDAI) and the Apartment Buyers’ Association.
The ORERA court can send any dispute to the CDR cell. If both parties want to end their dispute through mutual understanding, then also the dispute can be sent to the cell. If the dispute is solved, it will be recorded. Else, the dispute will return to the ORERA court.
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
Email: anuradha.ramamirtham@housing.com
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