Odisha

@odisha_group

Public Group
PROPIINN

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Odisha’s real estate market, centered in Bhubaneswar, has median home prices of ₹30–50 lakh. Mining, tourism, and IT drive demand for apartments and commercial spaces. Agents can target PMAY buyers or industrial clients, with 8 million sq. ft. leased in 2023. Odisha’s RERA ensures transparency. Opportunities lie in affordable housing and smart city projects. On your portal, the “Affordable Housing Focus” group helps agents share offline marketing, tapping a 10% sales growth.

Public Group
PROPIINN
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33 Posts
2 Photos
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Created April 17, 2025

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MD. Hazu

added blog Odisha

2025-05-12 11:47:26 Custom People

Odisha’s First REIT Launches in Bhubaneswar
Odisha has marked a significant milestone in its real estate journey with the launch of its first-ever Real Estate Investment Trust (REIT), focused on commercial assets in Bhubaneswar. Listed on the Bombay Stock Exchange (BSE), this REIT opens a new channel for retail and institutional investors to participate in the state’s growing property market. The REIT comprises a portfolio of...

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MD. Hazu

added blog Odisha

2025-05-12 11:35:03 Custom People

Puri Adopts Blockchain for Land Records
Puri has officially joined Odisha’s digital land registry initiative, introducing blockchain-based land title systems aimed at boosting transparency and reducing disputes in real estate transactions. Following its implementation in Cuttack and Bhubaneswar, the expansion into Puri signals the government’s commitment to modernizing land management in tourism-heavy zones. This system...

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MD. Hazu

added blog Odisha

2025-05-12 11:29:46 Custom People

Rourkela Realty Steady Amid Industrial Expansion
Rourkela, known for its strong industrial presence, is showing signs of residential price stabilization despite ongoing infrastructure and industrial growth. Unlike many cities experiencing sharp real estate inflation, Rourkela’s housing market has maintained steady pricing, particularly in the 2–3 BHK segment. With property rates ranging from ₹40 to ₹60 lakh for mid-sized homes,...

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MD. Hazu

added blog Odisha

2025-05-12 11:25:34 Custom People

Chandaka IT Park Boosts Bhubaneswar Realty Demand
Bhubaneswar’s real estate market is witnessing renewed interest with the proposal of a 100-acre IT park in Chandaka. The announcement has triggered a notable 20% increase in residential inquiries in the surrounding areas, highlighting a shift in buyer sentiment driven by employment prospects and urban development. The proposed IT park is expected to attract several national and...

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MD. Hazu

added blog Odisha

2025-05-12 11:21:58 Custom People

Cuttack’s Retail Hub in Jagatpur Attracts Rs 350 Crore
Cuttack’s commercial real estate market is witnessing a major boost with the launch of a new retail complex in Jagatpur. The development has attracted an impressive Rs 350 crore in investment, signaling a surge in retail leasing activity in the region. The retail complex is set to accommodate a variety of stores, showrooms, and office spaces, offering prime opportunities for businesses...

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MD. Hazu

added blog Odisha

2025-05-12 11:14:49 Custom People

Puri’s Residential Market Grows 12%, Adding 1,200 Units
Puri’s residential real estate market is experiencing significant growth, with new projects adding 1,200 units to the supply, targeting middle-income buyers. These new homes are priced between Rs 50 and Rs 70 lakh, making them an attractive option for families looking for affordable yet quality living near the coastline. The rise in supply is driven by increasing demand from both local...

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MD. Hazu

added blog Odisha

2025-05-12 11:12:42 Custom People

Berhampur Sees 10% Surge in Commercial Leasing in Gopalpur
Berhampur’s retail and commercial leasing market is witnessing positive growth, with a notable 10% increase in leasing activity in the Gopalpur area. Retail spaces in this region are experiencing heightened demand, driven by growing local business activities and the area’s increasing popularity as a commercial hub. Rentals for retail spaces in Gopalpur are currently priced between...

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MD. Hazu

added blog Odisha

2025-05-12 11:09:03 Custom People

Bhubaneswar Enforces Green Building Norms for New Projects
Bhubaneswar has taken a significant step towards sustainable urban growth by mandating the Indian Green Building Council (IGBC) certification for all new residential and commercial developments. This move aligns with the city’s vision of creating eco-friendly, energy-efficient spaces while reducing the environmental impact of urbanization. Under these new norms, developers are required...

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MD. Hazu

added blog Odisha

2025-05-12 11:01:12 Custom People

Paradip Unveils 150-Acre Logistics Park Plan
Odisha’s strategic infrastructure push continues with the unveiling of a 150-acre logistics park proposal near Paradip airport. The initiative is aimed at strengthening the state’s industrial and warehousing backbone while enhancing its connectivity to eastern India's largest port. The proposed logistics park is expected to streamline cargo movement, support warehousing clusters,...

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MD. Hazu

added blog Odisha

2025-05-12 10:55:58 Custom People

Odisha Nets ₹5,000 Cr at Investment Summit
Odisha’s recent Investment Summit has attracted funding commitments worth ₹5,000 crore, marking a major boost for the state’s industrial and tourism sectors. This surge in investment is expected to directly impact urban infrastructure and housing demand, particularly in Bhubaneswar and nearby growth corridors. With proposed projects spanning industrial parks, eco-tourism hubs,...

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MD. Hazu

added blog Odisha

2025-05-12 10:49:38 Custom People

Cuttack Luxury Condo Prices Up 8% in Khapuria
Cuttack is witnessing a growing appetite for premium residential living, with luxury condominium prices in Khapuria rising by 8%. The demand for spacious 3–4 BHK apartments, priced between ₹80 lakh to ₹1 crore, is being fueled by upper-middle-class families and professionals seeking upscale lifestyles with modern amenities. Khapuria, known for its improving infrastructure and green...

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MD. Hazu

added blog Odisha

2025-05-12 10:46:04 Custom People

Co-Working Space Expands in Bhubaneswar’s Chandaka
Bhubaneswar is witnessing a significant rise in demand for co-working spaces, especially in the Chandaka area, where over 100,000 square feet of flexible workspace has recently been added. This expansion is largely driven by a surge in IT startups and tech-enabled businesses looking for affordable, scalable office options. The new co-working hubs offer plug-and-play infrastructure,...

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MD. Hazu

added blog Odisha

2025-05-12 10:37:18 Custom People

Rourkela Industrial Plot Prices Rise 12% on Demand
Rourkela is experiencing a notable upswing in its industrial real estate market, with commercial plot prices rising by 12%. This growth is driven by increased industrial expansion in the Sambalpur–Jharsuguda corridor, which is rapidly becoming a manufacturing and logistics hub in western Odisha. The connectivity improvements, availability of skilled labor, and proximity to major...

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MD. Hazu

added blog Odisha

2025-05-12 10:33:13 Custom People

Puri Hospitality Projects Draw Rs 700 Cr Investment
Puri’s beachfront is emerging as a major hotspot for hospitality-led real estate investments. Recent hotel and resort developments near the city’s scenic coastline have attracted over ₹700 crore in funding, marking a strong uptick in commercial activity. This investment surge is significantly boosting demand for commercial land across the region. Puri’s growing status as a...

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MD. Hazu

added blog Odisha

2025-05-12 10:30:50 Custom People

Odisha RERA Fines 12 Builders for Project Delays
The Odisha Real Estate Regulatory Authority (ORERA) has taken strict action against 12 developers in Bhubaneswar for failing to complete their real estate projects on time. The regulatory body imposed penalties to address long-standing delays and to uphold homebuyer rights, marking a significant move towards greater accountability in the real estate sector. These penalties highlight...

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MD. Hazu

added blog Odisha

2025-05-12 10:21:59 Custom People

Berhampur Home Sales Rise 10% Amid Better Connectivity
Berhampur’s residential real estate market is witnessing steady growth, with a 10% rise in home sales driven by improved connectivity in the Chhatrapur–Berhampur cluster. Enhanced road and rail links between these adjoining regions have boosted buyer confidence and made the area more attractive for both end-users and investors. Properties priced between ₹30–50 lakh,...

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MD. Hazu

added blog Odisha

2025-05-12 10:19:05 Custom People

Cuttack’s New Commercial Hub Secures Rs 400 Cr Investment
Cuttack is witnessing a significant transformation in its commercial real estate sector. A new retail and office complex in Choudwar has secured an investment of ₹400 crore, sparking commercial leasing growth in the region. This new development is expected to attract both national and international brands looking to capitalize on Cuttack’s evolving infrastructure and growing economy....

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MD. Hazu

added blog Odisha

2025-05-12 10:13:07 Custom People

Odisha Slashes Building Approval Times, Boosting Realty Growth
Odisha has introduced significant changes to its building approval process, reducing approval times for real estate projects by 20%. This move is expected to have a positive impact on Bhubaneswar’s residential and commercial real estate markets, helping to increase the supply of both types of properties. The reduction in approval times means developers can begin construction more...

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MD. Hazu

added blog Odisha

2025-05-12 10:04:23 Custom People

Bhubaneswar Metro Extension Fuels 12% Price Surge in Mancheswar
The ongoing progress of the Bhubaneswar Metro’s Cuttack extension project is having a noticeable impact on property prices in the surrounding areas, especially near Mancheswar. Recent data reveals a 12% surge in property values as residents and investors anticipate improved connectivity and urban development in the region. The metro extension is set to drastically reduce travel time...

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MD. Hazu

added blog Odisha

2025-05-12 09:56:13 Custom People

Paradip Sees Rs 500 Cr in Industrial Projects, 15% Rise in Inquiries
Paradip, Odisha’s bustling industrial hub, is witnessing a surge in commercial real estate activity. Recent reports indicate that industrial projects near the Paradip Port have secured investments worth ₹500 crore, leading to a 15% increase in inquiries for commercial plots in the region. The expansion of port infrastructure and the establishment of new industrial facilities have made...

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MD. Hazu

added blog Odisha

2025-05-12 09:53:34 Custom People

Puri Sees 10% Price Rise in Coastal Luxury Villas
Puri, the iconic temple town of Odisha, is experiencing a steady rise in demand for luxury coastal living. A new wave of buyers is showing interest in premium 3–4 BHK villas located near the coastline, pushing property prices up by nearly 10%. These villas, now priced between ₹1.2 crore and ₹1.5 crore, are becoming prime choices for holiday home seekers, NRIs, and investors in search of...

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MD. Hazu

added blog Odisha

2025-05-12 09:50:31 Custom People

Bhubaneswar Retail Leasing Up 12% in Saheed Nagar
Bhubaneswar’s retail real estate market is seeing a notable uptick, especially in the prominent locality of Saheed Nagar. According to recent insights, retail leasing in the area has surged by 12%, driven largely by the growth of the city’s IT and startup sectors. With increased footfall and rising consumer demand, businesses are actively seeking high-visibility retail spaces in...

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MD. Hazu

added blog Odisha

2025-05-12 09:40:31 Custom People

Odisha Launches Blockchain Land Records in Cuttack
Odisha has taken a progressive step in real estate governance by launching a blockchain-based digital land registry system in Cuttack. This initiative is aimed at improving transparency, minimizing disputes, and increasing investor confidence, especially in the commercial property sector. By using blockchain technology, land records become tamper-proof, securely stored, and instantly...

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MD. Hazu

added blog Odisha

2025-05-12 09:36:21 Custom People

Rourkela Sees 10% Rise in 2–3 BHK Home Sales
Rourkela, one of Odisha’s key industrial and educational hubs, is witnessing a positive shift in its residential real estate market. Thanks to recent infrastructure upgrades, the city has recorded a 10% increase in sales of 2–3 BHK homes. These units, priced between ₹40 lakh and ₹60 lakh, are attracting both end-users and investors looking for value and long-term returns. New road...

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MD. Hazu

added blog Odisha

2025-05-12 09:33:53 Custom People

Odisha PropTech Startups Raise $10M for AI Tools
Odisha’s PropTech sector is gaining momentum as Bhubaneswar-based startups have successfully raised $10 million in funding. These companies are developing AI-driven property valuation tools aimed at bringing more transparency and accuracy to real estate transactions. The use of artificial intelligence in property tech is revolutionizing how buyers, sellers, and investors access...

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