More industries have expressed interest and would be allotted space shortly. Kalinga Nagar Industrial Complex: The complex will cover 13,000 acres, of which 9,906 acres have already been allotted. Six laning of the NH-5: Part of the Golden Quadrilateral project, six-laning of the highway would help vehicles move faster within city limits. Large commercial projects: The DLF Cybercity and Unitech One projects are expected to generate employment. Infra projects that could influence real estate prices Properties in upmarket Kharavela Nagar, Saheed Nagar and Nayapalli can cost up to Rs 1 crore.
Rs 50 lakh will fetch properties in upcoming areas like Hanspal, Patrapada, Kanan Vihar and Uttara.
Independent bungalows and duplexes score over apartments here. New developments are mostly in the north and south-west of Bhubaneswar, propelled by the presence of Infocity–1 and KIIT’s deemed university. The arrival of national-level players like Assotech, Vipul and Tata has forced local developers to become more process oriented. "Real estate activity by private players has only become prevalent in the last two decades,” says Saurabh Mehrotra, National Director, Advisory Services, Knight Frank. As most of the available land is government owned, the real estate market is well-regulated.
This in turn has boosted real estate development. P2P Data Center Fuel Rates Diesel Rates Petrol Rates Bank Pan Number Bank holidays Penny Stocks MF Ratings & NAV Top Performing Schemes Top Star Rated Schemes Top Tax Saving Schemes Highest Risk Adjusted Return New Fund Offers Forthcoming Dividends NPS Top Performing NPS Scheme Most Consistent NPS schemes ETF Perfomance Latest Prices Listed Bonds Traded in Cash Market ULIPs ULIP Schemes Calculators Recurring Deposit Calculator Fixed Deposit Calculator LTCG Tax Calculator Income Tax Calculator Rent Receipt Generator SIP Planner Tool IFSC Bank Code NPS Calculator Invoice Generator EPF Calculator House Property Income HRA Calculator Sukanya Samriddhi Calculator Education Loan Calculator Car Loan Calculator Home Loan Calculator Personal Loan Calculator Risk Tolerance Calculator Financial Fitness Calculator Buy Online Health Insurance Car Insurance 2 Wheeler Insurance Interest Rates Recurring Deposit Rates Fixed Deposit Rates Bank Fixed Deposits Rates Post Office Schemes Rates MCLR Loan EMI Participate & Win Stocks & Shares ET Wealth ET Wealth Editions Buy Wealth Magazine ET Wealth Newsletterīhubaneswar and Cuttack Twin cities Bhubaneswar and Cuttack are among the fastest growing IT and educational hubs in the east.
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