Odisha RERA empanels forensic audit firms to probe project irregularities

Dated on: Friday 4th April 2025

Odisha Real Estate Regulatory Authority (RERA) has empaneled forensic audit firms to investigate irregularities and delays in real estate projects. The decision aims to enhance transparency and accountability within the real estate sector. These forensic audits will scrutinize project finances and compliance with regulations to detect potential misuse of funds or deviations from approved plans. This move follows increasing complaints from homebuyers about delayed possession and stalled projects. By involving expert audit firms, Odisha RERA intends to ensure stricter monitoring and safeguard the interests of homebuyers, promoting fair practices among builders and developers.