In a major relief to the buyers and the sellers of old apartments, the Odisha government has now allowed the purchase and sale of residential buildings constructed before 2016.

Housing and Urban Development Minister Krushna Chandra Mahapatra confirmed that the rule has been simplified following amendments to the RERA Act. A new notification has been issued in this regard.

The Minister stated that the previous restrictions imposed by the earlier government on buying and selling such apartments were unfortunate and had caused difficulties for common people. The newly revised regulation will now benefit a large number of residents and property buyers.

"The Odisha Apartment (Ownership and Management) Act 2023 (Act No 8 of 2023), here in after referred to as OAOM Act, came into force on 28th

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