113 developers get Orera notices over missing progress reports
TNN / May 22, 2026, 22:06 (IST)
Odisha Real Estate Regulatory Authority (Orera) has issued show-cause notices to 113 developers for failing to submit mandatory quarterly progress reports. Non-compliance, a violation of Rera provisions, can lead to penalties up to 5% of project cost, formal inquiries, and potential suspension or revocation of registration.