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The Odisha Real Estate Regulatory Authority (ORERA) introduced a stricter quarterly progress-report (QPR) format for all its registered real-estate agents. The change comes after a central audit revealed that many agent filings were incomplete and lacked sufficient detail. Under the new template, agents must provide transaction-level data including agent registration, project and promoter names, commissions, contract role, and supporting documents like agreements and receipts. These reporting norms will apply from the quarter ending December 2025. ORERA has warned of penalties for non-compliance.
The Odisha Real Estate Regulatory Authority (ORERA) has mandated a more detailed format for the quarterly progress reports (QPRs) submitted by real-estate agents registered under it. This change follows audit findings from the Directorate General of Audit, Indirect Taxes and Customs, which flagged widespread non-compliance and insufficient detail in existing filings. Advertisement
As per the updated proforma, agents are now required to report transaction by transaction data. This includes the agent's name, their RERA registration number, GST identification, and details of each project and its promoter. Agents must also disclose their exact role under agreements, the commission they earned, details of the allottees, dates of agreements, financial transactions, and copies of relevant paperwork such as sale deeds, conveyance or lease agreements, allotment records, payment receipts, and register entries.
ORERA has made it mandatory to follow the new reporting format starting from the quarter ending December-2025, with quarterly submissions thereafter. Authorities have warned that failure to comply or deliberate misreporting may lead to action under the Real Estate (Regulation and Development) Act, 2016 including monetary penalties.
Beyond just tougher documentation, ORERA is strengthening institutional capacity to monitor and enforce these disclosures. The regulator has been integrating its workflows with digital land record systems and coordinating more closely with district revenue offices. Meanwhile, the regulator has also been expanding its dispute-resolution mechanisms, including appointing a domain expert possibly a retired administrative service land official to assist in technically complex cases.
In its effort to tighten oversight, ORERA has stated that better?granularity in QPRs will help verify on?ground reality, protect buyer interests, and make agent?promoter dealings more transparent.
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