The Government of Odisha circulated the notice about the Odisha Real Estate (Regulation and Development) Amendment Rules 2022.
Complying with the direction of the Orissa high court, the State government has revised the Odisha Real Estate (Regulation and Development) Rules, 2017, administrators express.
Under the latest rules, the buyers of the home in the state do not require to furnish the GST, cess, and any additional charges beyond the fixed price to the builders.
“The total price should include taxes paid or payable by the promoter by way of GST, cess and such other taxes which may be levied, in connection with the construction of the project payable by the promoter up to the date of handing over the possession of the (apartment/plot) to the allottee,” read the notification given by housing and urban development department.
Towards the case in which there would be any amendment in the taxes the next amount subjected to be paid via allottee to the promoter would get surged or diminished or might get revised.
Under the revisions, the owner is obligated within the time duration for finishing the project as shown during the registration period with the authority. Any levy or rise in the development charges post to the expiry of the last date of the project would not be imposed on the allottees.
Apart from that, the allottees have the right to go to the site to evaluate the extent of the development of the project and their apartment.
The promoters would need to ensure the allottees that the project as a whole is as per the provision of the complaints for the mentioned time.
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The common areas are needed to be given by the promoters to the association of allottees post to taking the occupancy certificate via the qualified authority.
The builders would need to give the required documents and plans along with the common areas to the association of allottees or the entitled authority for a duration of 30 days post receiving the occupancy certificate.
Indeed the promoter embarks, there is no right to incur the additions or add on the structures anywhere in the project post to the building plan, layout plan, sanction plan and specifications, amenities, and facilities that have been authorized via the entitled authority and revealed.
