Bhubaneswar's growing IT sector, driven by new tech parks and infrastructure developments, is causing a surge in commercial real estate demand. Multinational companies' entry and government land allocation initiatives are revitalizing property markets, with strategic projects reshaping the city's economic landscape.
Converting agricultural land to residential or commercial in India requires navigating state-specific laws and obtaining approvals from revenue or planning authorities. The process involves fees and extensive documentation, with timelines varying by state.
Odisha real estate builders fear market slowdown due to recent scams. CREDAI-Odisha Chapter forms scrutiny committee to restore trust.
Odisha real estate developers welcome the government's decision to allow 51% retail FDI, believing it will boost the real estate sector and the state's economy.
Odisha real estate developers welcome the government's decision to allow 51% FDI in retail, believing it will boost the real estate sector and the state's economy.
CREDAI criticizes BDA's redefined "apartment" and "group housing," citing vagueness and potential harassment for homeowners in Bhubaneswar.