News articles tagged Bhubaneswar

Bhubaneswar Smart City Project Advances to Final Phase: Targeting Sustainable Urban Excellence by 2026

Bhubaneswar Smart City Limited (BSCL) initiates final-phase development, prioritizing advanced infrastructure, housing rehabilitation, and smart governance to solidify its status as India’s model smart city by 2026.

ORERA Fines Two Realtors for Violations of RERA Act

Odisha RERA (ORERA) fined two real estate developers ₹20 lakh each for advertising without registration and not issuing a sale agreement, respectively.

Bhubaneswar City will soon have World Trade Center

Bhubaneswar will soon host a World Trade Center, enhancing its smart city project with significant commercial and hotel developments in the area.

Fight between Civic body & developers’ floods Real Estate Hub

Bhubaneswar's outskirts face severe waterlogging due to poor planning and inadequate drainage systems, impacting high-rise buildings and new residential areas.

Orissa Govt to develop 5000 affordable homes

The Orissa government is set to build 5,000 affordable homes in Bhubaneswar, in collaboration with private developers, targeting low-income groups.

Real Estate Regulatory Bill: Developers Differ Highly

Developers express mixed views on the real estate regulatory bill, citing concerns about one-sided punishment and the need for a more balanced approach.

Odisha Real Estate Feels Crushed By Scams

Odisha real estate builders fear market slowdown due to recent scams. CREDAI-Odisha Chapter forms scrutiny committee to restore trust.

Realtors upset with the policies of Bhubaneswar Development Authority.

CREDAI criticizes BDA's redefined "apartment" and "group housing," citing vagueness and potential harassment for homeowners in Bhubaneswar.

Realty Big Players Attracted Towards Small Cities for Expansion

Demand for homes in smaller Indian cities attracts big real estate developers, with 354 million sq ft of residential development expected in 3 years.

LIC Housing to Concentrate on Senior Citizen Homes Business

LIC Housing Finance plans to expand its senior citizen homes business across India, aiming for a public listing within five years. The company has completed projects in Bangalore and Bhubaneswar, and is now eyeing Jaipur, Haridwar, and Goa.

DLF to set up Infopark projects

DLF Plans Rs 1000-Crore Infopark Project in Bhubaneswar, Phase One to Start with 5.4 Acres.

The RBI's Realty Indices For Ahmedabad

The Reserve Bank of India plans to create indices for commercial and residential properties in Ahmedabad to manage speculation and realty bubble risks.

Renaissance of Realty Sector

Indian real estate is experiencing a resurgence due to increased construction, especially in affordable housing, and record-low home loan rates. This has led to renewed optimism among consumers, particularly in Tier II and Tier III cities.

Is dream home affordable?

PSU banks' attractive home loan rates spur demand in smaller towns, but the impact varies in IT hubs like Pune and Bhubaneswar.

Orissa episode of the Credai

Credai Orissa to reduce housing project prices by 5-10% in 2 months due to falling raw material prices.

Real Estate Bank India Plans Sixteen Outlets In Orissa

Real Estate Bank India to set up 3000 franchisees, including 16 in Orissa, to facilitate inter-state property transactions.