Buyers Guide to Real Estate in
Bhubaneswar, Odisha
Bhubaneswar - the capital and
Temple city
•The Temple City Bhubaneswar- the most
fascinating city in Indian state of Odisha
•Top position among the developed cities of
India
•Designed by the German Architect Otto
Konigsberg in 1946
•Excellent air, rail and road connections to all
metros and other important cities of India
•City undergoing a massive change in its
demography since its inception and is already
well set on the path to claim itself as a Tier I city
in due course
Bhubaneswar – a city of
1000 temples is around
60km from the holy tourist
city of Puri and Black
Pagoda, Sun Temple at
Konark. This area is known
as the Golden Triangle of
Odisha.
Business Potential in Bhubaneswar
World Bank ranks Bhubaneswar as 3rd best city in
India to do business
Crores of investment committed for the state by
private entities
In the year 2009 Odisha
was second top Domestic
Investment destination with
Gujarat first and Andhra
Pradesh in third place
according to an analysis of
ASSOCHAM
Investment
Meter (AIM) Study on
Corporate Investments
IT Parks (Infocity) have been established where IT
giants namely Infosys, Satyam, TCS, Wipro,
Mindtree etc. are already operating. IT Services
business is growing at the rate of 30-35 % per year.
Hospitality sector rapidly expanding
business and tourism potential.
due
to
Huge investments in power, telecom, tourism,
infrastructure etc. areas
Why investment in real estate
•
The growing population of the city, making it the 22nd largest urban centre in
the country and the rising disposable incomes of its denizens has led to high
demand of residential property
•
The entry of IT industries in the city is another reason for development of
Bhubaneswar property market. The high paying Technology companies like
Infosys, TCS, Wipro and IBM have raised the need for residential as well as
commercial setups
•
Strategic location on coastline and richness in minerals and natural resources
makes it the most preferred investment destination for many
Conclusion
•
Many people choose Bhubaneswar as their abode due to the low pollution
levels and better cover of greenery than other big cities
•
The encouraging behavior and interest of Stable Government in developing
real estate also helps in attracting investors to the city
•
Real Estate in Bhubaneswar witnesses brisk development of both
construction of property and its growing demand
•
Real estate investors can grab this opportunity and go ahead with investing
money in property in Bhubaneswar
THANK YOU