Bhubaneshwar Development Authorities issued a notification regarding Activities under the Odisha Apartment (Ownership & Management) Act, 2023

May 29, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Bhubaneshwar Development Authorities on May 21, 2024, issued a notification regarding Activities under the Odisha Apartment (Ownership & Management) Act, 2023.

All promoters and secretaries of the Association of Allottees of Apartments within the Bhubaneswar Development Authority's jurisdiction are at this moment informed that activities under the Odisha Apartment (Ownership & Management) Act, 2023 have commenced. These activities include the registration of associations of allottees (Section 14), the adoption of Model-Bye laws by previously registered associations of apartment owners or allottees (sub-section 1 of Section 15), and the registration of declarations (Section 9).

It is advised to submit your applications in the prescribed forms provided in the Odisha Apartment (Ownership & Management) Rules, 2024, along with the requisite documents as outlined in the checklist available on our website.

Additionally, applicants must pay a processing fee of Rs. 5000/- (Rupees five thousand) for every 50 apartments (or part thereof) in the project. This fee should be deposited after receiving an intimation letter from the office of the Competent Authority.

[Notification No. 18460/BDA, Bhubaneswar, AOM-01/2024]


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