The state cabinet chaired by chief ministerNaveen Patnaik gave its nod to the Odisha Apartment (Ownership & Management) Bill, 2023, it is reliably learnt. The cabinet gave its nod to the apartment bill to make the laws governing housing projects comply with the Real Estate (Regulation and Development) Act, 2016, a senior government official said. According to the bill, associations of allottees of housing projects have to be formed before the first sale deed of any flat in an apartment.
Registration of the common areas of the apartment, entire land, staircases and play areas will be registered in the name of such associations. However, under the existing provisions, the common areas were registered proportionately in the name of house buyers.