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).
Affordable HousingOdishaBhubaneswarReal EstateGovernment SchemeReal Estate NewsMay 29, 2025
Housing and Urban Development Minister Krushna Chandra Mahapatra informed that the new scheme will include homes under various categories—MIG, LIG, LIG-I, and MIG-II. These units will be allocated through a lottery system to ensure transparency. Specific eligibility criteria will be framed to ensure that only genuine beneficiaries from the targeted income groups can apply.
The housing units will be developed on the outskirts of Bhubaneswar, with plans to expand similar projects to Cuttack soon. The first phase will focus on urban municipal areas. To fast-track development and ensure financial sustainability, the project will be implemented through the Public-Private Partnership (PPP) model.
To streamline operations, the government will collaborate with cooperative banks. These banks will monitor the housing units and facilitate EMI collection from the allottees.
In addition to homeownership, the state is also considering the development of rental housing to curb the growth of slum settlements, which have expanded due to a lack of affordable housing options, the minister noted.
Mahapatra further highlighted the government’s renewed focus on the Town Planning (TP) scheme, which aims to deliver planned infrastructure, including roads, drainage, sewage systems, and street lighting. While this work is already underway in Bhubaneswar and Cuttack, similar infrastructure upgrades are being planned for Puri in the near future.
Frequently Asked Questions
What is the price range for the new housing units in Bhubaneswar?
The new housing units in Bhubaneswar are priced between ₹15 lakh and ₹50 lakh.
Who is the target audience for this housing scheme?
The target audience for this housing scheme includes economically weaker sections (EWS) and middle-income groups (MIG).
How will the housing units be allocated?
The housing units will be allocated through a lottery system to ensure transparency.
What is the role of cooperative banks in this scheme?
Cooperative banks will monitor the housing units and facilitate EMI collection from the allottees.
What other infrastructure developments are planned under the Town Planning (TP) scheme?
The Town Planning (TP) scheme aims to deliver planned infrastructure, including roads, drainage, sewage systems, and street lighting.
Related News Articles
Rithala-Narela-Kundli Metro Corridor Gets Nod, to Boost Narela Sub-City
The Centre has approved the Rithala-Narela-Kundli metro corridor project, which is expected to boost the Narela sub-city and enhance regional connectivity.
World Heritage Week: Preserving Mumbai's Historically Significant Sites
Mumbai's rich historical and cultural heritage is under threat from the relentless encroachment of real estate development. As World Heritage Week is celebrated, it's crucial to highlight the need for preserving these sites for future generations.
Mumbai High Court Declares Trust’s Land Sale Invalid Due to Flawed Valuation
The Mumbai High Court has ruled that a trust's land sale was invalid due to a flawed valuation process. The court's decision highlights the importance of transparent and fair property transactions in the real estate market.
Maharashtra Budget 2025: Infrastructure Boost, Job Creation, and Road Development
Maharashtra Budget 2025, presented by Finance Minister Ajit Pawar, focuses on significant infrastructure projects, including the development of a new airport, job generation, and road improvement. The budget also secures substantial funding for the Mahara
CCI Greenlights AMG Green Power's Acquisition in Greenko Energy Holdings
The Competition Commission of India (CCI) has approved AMG Green Power's acquisition of a stake in Greenko Energy Holdings, marking a significant step in the renewable energy sector. This move is expected to enhance the company's market position and drive
India's Real Estate Sector Poised to Reach Rs 83 Lakh Crore by 2030: Report
The commercial real estate segment in India is experiencing a significant rebound, with office leasing activity reaching 71.9 million square feet in 2024, driven primarily by the IT, BFSI, and other key sectors.