The cancellation of Bhubaneswar Metro Rail tenders has created uncertainty in property markets along the planned route, affecting investor confidence in areas like Trisulia and Smart City.
The Bhubaneswar Metro Rail project has triggered a 25-50% spike in land prices near proposed corridors, with developers capitalizing on proximity benefits and infrastructure upgrades. Analysts predict further appreciation of 20-30% by 2026, driven by enhanced connectivity and urban development.