The real estate sector in India is going through a significant change in 2025. New laws introduced this year aim to increase transparency, accountability, and protection for homebuyers. For anyone planning to invest in property, understanding these legal updates is critical. Builders, developers, and buyers must now operate under updated frameworks that impact every stage of a project, from approval to handover.
Utkal Builders, a leading name in the real estate market, remains fully aligned with these new changes. Their commitment to legal compliance and customer satisfaction makes them a trusted choice for property investment.
The Real Estate (Regulation and Development) Act, or RERA, now includes tighter compliance norms. Developers must submit real-time project status updates. Penalties for delays have increased, and misrepresentation of plans now carries higher fines.
Buyers benefit directly. There is now a defined time limit for each construction phase. Refunds and compensation rules are clearly laid out in case of project failure or cancellation. Utkal Builders follows these norms rigorously and ensures that each buyer receives transparent updates and timely possession.
One of the biggest updates in 2025 is the mandatory use of digital platforms for property registration and title verification. Every property deal must now go through a centralized digital system approved by the government. This reduces the risk of fraud and delays.
Buyers can now verify the authenticity of land titles, property history, and builder credibility through these platforms. Utkal Builders has already adopted these tools to ensure all documents are accurate, up to date, and legally verified before any deal is signed.
Sustainability has moved to the forefront of policy in 2025. All new residential and commercial projects must now comply with national green building standards. These include water-saving technologies, energy-efficient materials, and proper waste management systems.
Builders are required to submit detailed environmental reports before getting approvals. Utkal Builders has incorporated these standards into their planning and design processes, ensuring that each new property meets eco-friendly benchmarks without compromising on quality or design.
The government has introduced simplified tax policies on real estate transactions this year. Stamp duty and registration charges are now capped for first-time buyers. There is also an additional tax rebate on home loan interest for women buyers.
These changes aim to support middle-income families and promote fair home ownership. Utkal Builders offers guidance to buyers throughout the process, helping them take advantage of new tax benefits while staying fully compliant with the law.
The year 2025 has brought critical changes to the Indian real estate sector. Laws are now focused on buyer protection, digital transparency, green development, and simplified taxation.
For property buyers, staying informed is the first step to making sound investments. Utkal Builders continues to lead with clarity, compliance, and a long-term vision. Choosing a builder who understands and implements these legal changes ensures peace of mind and secure ownership.
All project information and details displayed on the site, including but not limited to the information and details contained in project related materials that you may download are for information purposes only and do not constitute an offer under any law for the time being in force. The Company shall not be liable to you for any decisions you may take as a result of or on the basis of such information and encourages you to contact the Company directly for up-to-date and accurate information.
Mr Rakesh Bhura holds the MBA degree from the Leeds University,UK. The youngest and the most dynamic among the directors he plays an important role in planning and execution at the site. He is actively involved in site execution,purchases & manpower management. He has his own innovative approach towards the projects and all his endeavours have been successful. Mr Bhura is the young promising face of Utkal Builders.
Anchors the sourcing function at Utkal. He is credited with deriving the best value from our sourcing partners – contractors and vendors of material inputs. Recently, he has taken additional responsibility of the marketing function. However, complicated and large his tasks, his energy and positive attitude make them all possible! And somewhere in the middle, he also finds time to pursue sports and instruct his disciples on yoga.
Is an MBA from University of Strathclyde, Scotland, specializing in marketing and is currently gaining exposure of the unique customer nuances of the varied markets. he is also involved in streamlining the finances of the group.
Patriarch of the family & Chairman of the Group endorses chosen principles and values which Utkal follows. With his distinguished business and social credentials, he has led and safe-guarded the treasured Utkal culture. A born entrepreneur, he initiated with humble beginnings. But his zeal, sheer grit and robust ethics steered him through the times to continuing trust and success. Of course, after four decades of a distinguished business career and leadership of a diversified business group, his enthusiasm remains fresh as ever.
Is an MBA from prestigious IMT, Ghaziabad specialising in Finance and a CFA from ICFAI. He is driving innovation and technology in the group’s operations. He is also actively involved in the group’s marketing plans.
Mr. Sharad Baid is the Managing Director of Utkal Builders & has earned his Masters in Business administration from Bond University, Australia. He specialises in Finance and Information systems.By spearheading new initiatives in Utkal Builders, Mr. Baid has enhanced the framework for strategic planning and project development. In addition, he plays a crucial role in the corporate branding & project marketing of the Group.
The visionary with a mission and an opportunity – guru, his insights are the engines of innovation and new businesses. His passion for opportunities is only matched with his perseverance to bring them to life. He has been the torch-bearer and the agent of evolution at the group. He has also served as the president of CREDAI, Odisha (2010-11).
Mr Rakesh Bhura holds the MBA degree from the Leeds University,UK. The youngest and the most dynamic among the directors he plays an important role in planning and execution at the site. He is actively involved in site execution,purchases & manpower management. He has his own innovative approach towards the projects and all his endeavours have been successful. Mr Bhura is the young promising face of Utkal Builders.
All project information and details displayed on the site, including but not limited to the information and details contained in project related materials that you may download are for information purposes only and do not constitute an offer under any law for the time being in force. The Company shall not be liable to you for any decisions you may take as a result of or on the basis of such information and encourages you to contact the Company directly for up-to-date and accurate information.