How to Buy Property in Odisha? A Guide for Beginner Home Buyers Part-2.

Buying real estate in Odisha involves several steps including law and inspection. You should first inspect the property carefully. Then, check the construction quality, wiring, plumbing, and signs of damage. Always review the builder’s past projects and reviews. Next, you should verify the legal documents like the Title Deed, Khata Certificate, Encumbrance Certificate, Land Conversion Certificate, and the Sale Agreement. It is best to hire a property lawyer for this process. Make sure the property is registered with RERA Odisha. RERA protects buyers through better transparency, escrow funds, and timely project delivery. You also need to pay stamp duty and registration charges. In Odisha, stamp duty is 5% for male and 4% for female buyers, plus 2% registration. After purchase, you must pay Holding Tax (property tax) to the local municipality. Ensure there are no unpaid dues on the property. Following these steps will help ensure a smooth, legal, and safe property purchase in Odisha.

 

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