Bhubaneswar, May 20: In a pioneering move, Evos Buildcon Pvt Ltd’s Empires project, situated in Madanpur, has achieved a significant milestone by becoming the inaugural project in Odisha to establish an association of allottees under the new project category. This development, in accordance with the new Odisha Apartment (Ownership and Management) Act 2023, signifies a momentous shift towards transparency and accountability within the state's real estate sector, aligning it with the standards set by the Real Estate (Regulation and Development) Act, 2016.
The ceremony commemorating this achievement was graced by the presence of BDA Secretary Biswaranjan Rath, who oversaw the handover of certificates, marking a pivotal moment in the implementation of the new legislation. Notable attendees from Evos Buildcon Pvt Ltd included Managing Director Mr. Kalinga Keshari Rath, Director of Operations Mr. Prafulla Mohanty, Advocate Bismay Dash, and CRM Manager Sujata Pattnaik, showcasing the company's dedication to fostering a transparent and well-managed living environment.
Representatives from the newly formed Association, including President Sushma Pati, Secretary Dr. Pratyusha Pipal, Treasurer Padmalochan Panigrahi, and members Srisendu Das, Chanchal Sahoo, and Reeta Nayak, were also present, lauded for their collective leadership and commitment to this groundbreaking accomplishment.
Mr. Kalinga Keshari Rath, Managing Director of Evos Buildcon, expressed his pride in being the first in the new project category in Odisha to establish such an association under the New Odisha Apartment Act. He emphasized that this achievement signifies a significant stride towards ensuring transparency, accountability, and seamless management within the community, setting a precedent for future developments.
The new Odisha Apartment (Ownership and Management) Act 2023 aims to bolster the governance of apartment projects, ensuring that associations of allottees are duly recognized and empowered. Evos Empires' initiative underscores the advantages of organized, community-driven living, fostering an atmosphere of trust and collaboration among residents.
Evos Buildcon Pvt Ltd.’s successful establishment of its association not only demonstrates compliance with these regulations but also establishes a positive precedent for future housing projects. As the vanguard in this endeavor, Evos Buildcon Pvt Ltd is charting the course for a more organized and harmonious future for apartment residents in Odisha.
