Unlike the previous regime, the 2023 Act mandates that (staircases, lifts, play areas, and the land itself) must be registered in the name of the Association of Allottees (AoA) . This prevents promoters from retaining or selling parts of the common property after the project is handed over. 2. Association of Allottees (AoA)
You can access the official full text of the Act and its associated rules through these verified sources: Download from PRS Legislative Research . odisha apartment ownership act 2023 pdf download
The Odisha Cabinet recently approved amendments to reduce the financial burden on homeowners: The Odisha Apartment (Ownership and Management) Act, 2023 Unlike the previous regime, the 2023 Act mandates
Associations are required to adopt standardized bye-laws to ensure uniform governance across the state. Association of Allottees (AoA) You can access the
The AoA has the legal authority to manage maintenance and can even disconnect essential services for residents who default on maintenance fees. 3. Simplified Registration & Stamp Duty