Metro Group · Buyer Resource Centre

Everything You Need
Before You Buy

RERA guide, step-by-step buying process, NRI corner, home loan partners, and a 15-point legal checklist — Metro Group's complete buyer resource centre. Information with no obligation.

RERA
B1 · RERA Guide

RERA Odisha Guide —
What Every Homebuyer
Must Know

"Before you sign anything. Before you pay a booking amount. Before you trust any developer in Odisha — read this guide. It will take you 10 minutes. It could save you years of uncertainty."

What is RERA?

RERA is the Real Estate (Regulation and Development) Act, 2016 — a central government law that applies to every state in India including Odisha. It protects homebuyers from developers who take money without delivering homes. Before RERA, buyers had almost no legal recourse when developers delayed, diverted funds, or changed specifications. RERA changed that — permanently.

What RERA Protects You From

  • 1
    Delayed possessionDevelopers can only claim force majeure delays. Indefinite delays are not permitted — compensation at SBI MCLR rate applies for every month of delay beyond the committed date.
  • 2
    Fund diversion70% of all buyer payments must be deposited into a RERA-mandated ring-fenced account used only for that project's construction costs. Developers cannot redirect this money.
  • 3
    Specification changesDevelopers cannot alter approved floor plans, amenities, or specifications after booking without your written consent. Any unauthorised change is a RERA violation.
  • 4
    Information asymmetryAll project approvals, floor plans, quarterly construction reports, and bank account details must be publicly visible on the Odisha RERA portal — accessible to any buyer at any time.

Your Rights as a Buyer Under RERA

Statutory Rights — These Cannot Be Waived by Any Developer
  • Possession by the committed date — or interest compensation at SBI MCLR rate for every month of delay
  • Full refund with interest if the developer fails to complete the project
  • Property exactly as specified — no structural changes, carpet area reductions, or amenity removals without written consent
  • Access to all project documents on the RERA portal — approvals, plans, bank account details, quarterly construction reports
  • Right to form a residents' association after possession
  • Right to file a complaint with the Odisha RERA authority at no charge
These are statutory rights — not optional. Any developer telling you these rights don't apply or asking you to waive them in a side agreement is not RERA compliant. Verify everything independently at rera.odisha.gov.in before signing anything.

How to Verify a RERA Number — 5 Steps

1
Visit rera.odisha.gov.in
The official Odisha Real Estate Regulatory Authority portal. Free and public — no registration required.
2
Click "Registered Projects"
Find the project search section in the main navigation of the portal.
3
Enter the RERA number
Format: RP/01/20XX/XXXX — copy it exactly from the developer's project page or brochure.
4
Verify four things
Project name matches. Developer name matches. Status is active. Approved floor plans match what you were shown.
5
Check the ring-fenced account
Confirm bank account details are published and the 70% rule is in force. If the number is not found — do not proceed with that developer.

Metro Group RERA Registration Record

Project-specific RERA or ORERA information should be verified directly with the Odisha Real Estate Regulatory Authority before making a decision.

Project Name RERA / ORERA Number Status
Metro Greenwoods Pristine Verify on the official Odisha RERA portal ↗ Ongoing
Metro Satellite City Phase 3 Verify on the official Odisha RERA portal ↗ Ongoing
The Oasis by Metro King's Court Verify on the official Odisha RERA portal ↗ Ongoing
Metro Heights Verify on the official Odisha RERA portal ↗ Ongoing
Metro Greens Verify on the official Odisha RERA portal ↗ Completed
Always verify independently. Registration numbers and current project status should be confirmed directly on the official Odisha RERA portal before making any payment.
Request the RERA Guide Verify at rera.odisha.gov.in ↗ View Metro Group Projects
B2 · Buyer's Guide

Home Buying Guide Odisha —
Step-by-Step Property Purchase
in Bhubaneswar

Buying a home involves six stages — from choosing your configuration to receiving your keys. This guide walks through each so you know exactly what to expect, what to ask, and what to verify at every step.

1
Choose Your Configuration
Understand what size genuinely suits your household before you visit a single project. Standard carpet area ranges in Bhubaneswar:
1 BHK — 450–650 sq ft 2 BHK — 750–1,050 sq ft 3 BHK — 1,100–1,600 sq ft 4 BHK+ — 1,600 sq ft upwards
Always ask for carpet area — the RERA-defined legal measurement. Never accept a quote based only on super built-up area.
2
Book a Site Visit
Contact the Metro Group team to confirm current site-visit availability. During the visit, check:
Construction progress vs timeline Finishes quality Common areas Security setup Proximity to landmarks
3
Booking & Payment
Your booking amount secures the unit. You will receive an allotment letter, a construction-linked payment schedule, and the RERA registration number. You pay in stages as construction progresses — the RERA-compliant approach that protects your money at every stage.
4
Home Loan
Project approval and loan eligibility vary by lender and must be confirmed directly with the chosen bank. Commonly requested applicant documents may include:
PAN Card Aadhaar 6-month salary slips 2 years ITR Bank statements Allotment letter
5
Legal Verification & Registration
Before signing, your property lawyer must verify: clear title deed, approved layout plan, Environmental Clearance, RERA certificate, and all clauses in the sale agreement. Register at the Sub-Registrar's office. Stamp duty applies at Odisha government rates.
6
Possession
On possession day, you should receive all of the following without exception:
Possession letter Physical inspection + snag list OC & NOC Registered sale deed Keys Parking allocation Building access credentials
Request Complete Buyer's Guide [PDF] Book a Site Visit
NRI
B3 · NRI Corner

NRI Property Purchase Odisha —
Guide for Non-Resident Indians

Legal disclaimer. This guide provides general information only. Consult a qualified property lawyer and chartered accountant before completing any purchase in India. FEMA regulations are complex and vary by individual circumstances.
Can NRIs Buy Property in India?
Yes — under FEMA 1999 and RBI regulations. NRIs can purchase: residential apartments · commercial properties · plots

Cannot purchase without RBI approval: Agricultural land · plantation property · farmhouses
Payment Routes
NRE AccountFully repatriable — most commonly used. Funds freely remittable abroad.

NRO AccountRepatriation limits apply — consult your bank.

FCNR / Direct Wire TransferFEMA compliance required. Confirm with your bank before initiating.
Power of Attorney from Abroad
  1. Draft PoA with an Indian property lawyer
  2. Sign at Indian Consulate, Embassy, or Notary in your country
  3. Apostille or consulate-attest the document
  4. Send original to India by secure courier
  5. Stamp and adjudicate at Sub-Registrar's office in Odisha
Metro Group NRI Support
  • Dedicated WhatsApp line for NRI buyers
  • Virtual project tours on demand — video walkthrough
  • Document coordination by our team
  • PoA lawyer referrals in your city
  • Transparent pricing before any commitment

Documents Required for NRI Purchase

Valid Indian Passport
OCI Card / PIO Card
Indian PAN Card
NRE / NRO Bank Account Details
Address Proof — Country of Residence
Power of Attorney (if not present in India)
Source of Funds Declaration
Request NRI Buying Guide [PDF] WhatsApp Our NRI Team Book a Virtual Tour
B4 · Home Loan Partners

Home Loan Guidance —
Confirm Project Approval
With Your Chosen Lender

Home-loan eligibility, project approval, interest rates and document requirements vary by lender, applicant, project and phase. Confirm the current approved-project list directly with your chosen bank.

Verify approval for the exact project and phase. A lender's approval can be project-specific and may change. Ask the bank to confirm eligibility, current rates, sanctioned documents, disbursement conditions and whether the exact phase is approved.
SBI
Verify Project Approval

Confirm with SBI whether the specific project and phase are on its current approved-project list, together with applicable eligibility, rates and documentation.

HDFC
Verify Project Approval

Confirm current project approval, interest rates, repayment tenure, applicant eligibility and disbursement requirements directly with HDFC.

ICICI
Verify Project Approval

Confirm current project approval, processing timelines, document requirements and loan terms directly with ICICI before relying on a financing offer.

EMI Calculator

Estimate your monthly EMI before beginning the loan process. Adjust the values below.

Monthly EMI Estimate
Estimated Monthly EMI
₹ 43,391
Total Payable
₹ 1,04,13,840

This is an estimate only. Actual EMI depends on bank terms, your credit profile, processing fees, and applicable GST. Consult your bank or Metro Group's home loan team for accurate figures before committing.

Talk to Our Home Loan Team Book a Site Visit
DRIVEN BY MORE
PROJECT-WISE RERA
SBI APPROVED
METRO GROUP
NRI SUPPORT
BUYER FIRST
33 YEARS
ZERO ABANDONED
DRIVEN BY MORE
PROJECT-WISE RERA
SBI APPROVED
METRO GROUP
NRI SUPPORT
BUYER FIRST
33 YEARS
ZERO ABANDONED

Ready to Take the Next Step?

Metro Group's sales team is available for site visits, home loan guidance, RERA verification, and NRI buyer support — seven days a week. No obligation. Just information.

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