Property Market in Bhubaneswar


There has been a recent surge in the prices of both residential and commercial properties in Orissa. In a matter of few years, the majority of urban cities have witnessed a price rise of more than 250 percent. In all cities and towns in Orissa, irrespective of their sizes, a large number of commercial complexes, industrial parks, shopping centers and residential townships are being planned and established. Investing in property in Bhubaneswar is a dream investment as many residential projects are coming up in this happening city. The demand for properties has spread across many different categories such as separate residential houses, apartments with multiple floors and villas and it is not limited to a particular category. With numerous choices in every segment like low-priced homes, premium housing and luxurious housing schemes, the supply aspect in property is equally diversified in Bhubaneswar. With an upward movement in commercial as well as residential properties, the real estate scenario in Bhubaneswar presents a rosy picture. To entice more and more buyers, builders in this part of the country are coming up with newer and newer projects in Orissa. Bhubaneswar has come forth as the most favored city because of its strategic position for trans-national companies. Seeing a flourish in its real estate business, the demand for all kinds of properties in Bhubaneswar has been mounting.