Orissa properties have witnessed a rise as has property in other parts of eastern India. The capital city of Bhubaneswar housing some of the most famous temples in India including the Linagraja Temple, Jagannath Temple, Sun Temple and many more is an important pilgrimage and tourist activity spot thereby leading the Orissa property market along with the city of Puri . But the maximum appreciation of property rates in Orissa has been registered in Berhampur which is also the biggest city in Orissa.
Residential Property in Orissa
The major boost in the demand of property in Orissa came from the announcement of the upcoming Tata Steel Plant near Gopalpur. This has created a push to the Berhampur Development Authority for large-scale development of residential and commercial properties in Ambapura, Dura Junction, Kalinga Hihar and Pothara along the Gopalpur - Berhampur highway. The property prices are still quite affordable and are definitely going to reap rich capital returns once the Tata Steel Plant Project is completed.
Orissa was once a major swamp and marshy area. Today the state is being developed as any other modern day area with the group housing residential apartments and flats culture soon picking up the fancy of builders in Orissa. The uptown residential cities in Orissa are Aska Road and Gatebazar where the prices of plots and independent villas are the highest.
Orissa Real Estate Market
The market of real estate in Orissa is fast shedding its caterpillar image and blossoming into a butterfly with massive real estate projects including a mega housing project from Apollo Construction, and SEZ by DLF India another one by Tata Group and a state-of-the-art Residential Complex in Bhubaneshwar. For further information on the real estate or housing related services in Orissa, browse through our website and gather all details you might require.
