Real Estate
Real Estate Market Poised for a Festive Season Upturn in Bhubaneswar and Puri
The real estate market in Bhubaneswar and Puri is expected to see a significant upswing this festive season, driven by recent GST rate cuts on construction materials and stable home loans following the RBI’s repo rate reduction.
real estate news
Real Estate Market Anticipates Boost During Festive Season in Bhubaneswar
The real estate market in Bhubaneswar and Puri is set for a significant upswing this festive season, driven by recent GST rate cuts and stable home loans. Industry experts predict a 15-20% increase in bookings, particularly in the luxury segment.
Real Estate Pune
Kolkata-bound IndiGo Flight Diverted to Bhubaneswar Due to Severe Weather
A Pune-bound IndiGo flight to Kolkata was diverted to Bhubaneswar early Tuesday morning due to heavy rain and waterlogged conditions at Netaji Subhash Chandra Bose Airport in Kolkata.
real estate news
Bhubaneswar's Growing Real Estate Sector Shines at CREDAI NATCON-2025
A 52-member delegation from CREDAI Odisha participated in the CREDAI NATCON-2025 convention in Singapore, showcasing Bhubaneswar's rising profile as an attractive investment destination.
Real Estate
Odisha Real Estate Developers Form New Federation, ODFED, After Exiting CREDAI
A group of leading realtors in Odisha have announced their disassociation from CREDAI and have formed a new body called the Odisha Developers Federation (ODFED). The new federation aims to promote ethical practices and sustainable development in the real estate sector.
real estate news
Odisha Developers’ Federation Launches to Promote Sustainable Real Estate Development
The Odisha Developers’ Federation (ODFED) was launched in Bhubaneswar with a mission to foster sustainable development and best practices in the state's real estate sector. ODFED aims to enhance collaboration between developers, government agencies, and stakeholders to address industry challenges and promote transparency.
Real Estate
Dubai Property Conclave in Bhubaneswar: A Gateway to International Real Estate
The Dubai Property Conclave in Bhubaneswar provided a unique platform for local investors to explore international real estate opportunities, with special discounts and a promise of expedited Golden Visa processing.
Real Estate
Supreme Court Ruling on Occupancy Certificates May Impact Older Buildings in Odisha
A recent Supreme Court judgment upholding a Bombay High Court ruling on occupancy certificates (OCs) is likely to affect the real estate sector in Bhubaneswar and the state, as many older buildings lack necessary legal documents.
Real Estate
CREDAI Returns to Bhubaneswar for EGM 2025: Boosting Real Estate in Tier-2 and Tier-3 Cities
The Confederation of Real Estate Developers' Associations of India (CREDAI) held its Extraordinary General Meeting (EGM) 2025 in Bhubaneswar, marking a significant return after nine years. The event focused on sustainable urban development and investment in Tier-2 and Tier-3 cities.
Real Estate
Realtor Fined Rs 2 Crore for Unauthorized Plot Sales in Bhubaneswar
The Odisha Real Estate Regulatory Authority (ORERA) has imposed a Rs 2 crore penalty on a local realtor for selling plots without the necessary approvals and registrations.
real estate news
ORERA Imposes Rs 2 Crore Fine on Bhubaneswar Realtor for Illegal Plotting
The Odisha Real Estate Regulatory Authority (ORERA) has slapped a Rs 2 crore penalty on a Bhubaneswar-based realtor for launching an unauthorized plotting project without the necessary approvals and registrations.
real estate news
Government Tightens Real Estate Regulations, Enhances ORERA Compliance in Bhubaneswar
Bhubaneswar: The housing and urban development department is collaborating with the revenue and disaster management department to enforce strict regulations and enhance compliance with the Odisha Real Estate Regulatory Authority (ORERA).
Real Estate
Odisha Government to Re-Evaluate Twin-City Project Road Approvals
The Odisha Government is set to re-evaluate all approach-road permissions issued for real estate schemes in Bhubaneswar and Cuttack. This move aims to ensure compliance with urban development regulations and protect the interests of homebuyers.
Real Estate
Odisha Government Scrutinizes Real Estate Approvals in Bhubaneswar and Cuttack
The Odisha government has initiated a comprehensive review of permissions granted for approach roads to real estate projects in Bhubaneswar and Cuttack, following a major controversy involving a project that cited railway land as an access route.
Real Estate
Odisha Government Reviews Approach Roads for Real Estate Projects in Bhubaneswar and Cuttack
The Odisha government has decided to review the permissions granted for approach roads to all real estate projects approved in Bhubaneswar and Cuttack over the past five years, following a major controversy involving a project's registration revocation.
Real Estate
Residents Protest Against Real Estate Developer for Occupying Common Areas in Bhubaneswar
In a growing dispute at the Trident Galaxy apartment complex in Bhubaneswar, residents have filed a formal complaint against the developer for ‘illegal intrusion’ and alteration of common areas.
real estate news
Residents in Bhubaneswar Protest Against Real Estate Developer for Illegally Occupying Common Areas
Residents of an apartment complex in Bhubaneswar have filed a complaint against the developer for forcibly occupying and altering common areas, sparking a legal battle and silent protests.
real estate news
Odisha Launches Affordable Housing Scheme for EWS and MIG Families in Bhubaneswar
The Odisha government has unveiled a new affordable housing scheme in Bhubaneswar, offering homes priced between ₹15 lakh and ₹50 lakh to economically weaker sections (EWS) and middle-income groups (MIG).
real estate news
Odisha Govt to Offer Affordable Houses in Bhubaneswar: Minister Mahapatra
In a significant move to address the housing crisis in Bhubaneswar, the Odisha government plans to construct and provide houses at affordable prices ranging from Rs 15 lakh to Rs 50 lakh. This initiative aims to benefit both low and middle-income groups amidst rising real estate costs.
Real Estate
Rise in Fraudulent Real Estate Ads on Social Media Alarms Property Buyers in Bhubaneswar
Bhubaneswar is witnessing a surge in fraudulent real estate ads on social media, raising serious concerns among property buyers and experts. The authenticity of these listings is being questioned, leading to increased scrutiny and caution in the market.