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Real Estate Forum on Bhubaneswar Real Estate News

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Capital of Odisha (Bhubaneswar) & Major Industrial area (Rourkela) are nominated to be smart city in Odisha.
Latest Answer: Hi Guys, Have you heard propelling another mission and policy for housing for all in urban zones, Odisha Chief Minister Naveen Patnaik announced that land would be gave free of expense to economically weaker sections, low income groups and slum occupants to develop houses???
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Q: Bhubaneswar Development Authority will construct 240 EWS houses at Chandrasekharpur for removed slum dwellers.
Latest Answer: Finally Odisha government has approved proposal project of constructing 240 EWS houses by BDA for slum dwellers in Chandrasekharpur. It is a social responsibility of BDA to relocate these evicted slum dwellers. Tender will be invited for involving private builders as well as developers to build these houses.
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Latest Answer: Hi Suresh, As per Pradipta Kumar Biswasroy, president of Real Estate Developers' Association of Odisha, "Area cost has gotten to be high even in level II and level III cities. So, if a developer deposits 70 per cent in the designated record, one will be left with no leeway to operate. It would mean virtual shutting down of shops by numerous players.
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Q: What is really happening in this case? Kndly discuss.
Latest Answer: Hey Guys, I heard in news that, Odisha govt receives precast innovation for moderate housing. Kindly discuss about it.
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Q: I came across this news , Government assumes control more than one more land encroached by Odisha Olympic Association. Kindly discuss.
Latest Answer: Hi Rajiv, The property now fits in with the organization. The OOA won't be permitted to do any development chip away at it or utilization it," said Iyer. Authority (Cuttack) Nirmal Mishra will soon meet a meeting to take a choice on the most proficient method to use the area. Expulsion notification will soon be issued to those living in the flats, the sources included.
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Q: BDA will develop 746 acres of land on city out skirts as per Gujurat model .
Latest Answer: According to diverse sources, talking on the destiny of the south city project that was proposed by the BDA five years prior, Kumar announced: "Securing land has gotten to be amazingly troublesome in the customary procedure. Presently, the old project will be a part the town arranging plan for more astute and snappier development. The proposed ring street development will likewise be speedier under the plan."
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Q: What will be the response of neighborhood individuals?
Latest Answer: Hi Sishir, As I came to know , BDA sources said the Jagasara anticipate arrive effectively claimed by BDA is a piece of the abundantly advanced proposed South City on a 1,200-section of land arrive on south-west hall of the state capital. "For as long as quite a while, after the proposition was initially mooted, there is no advancement on the goal-oriented undertaking, the administration needs to get running with a littler arrangement to begin with.
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Latest Answer: Hi Mr Rao, According to source, Mr Umesh, president of AFORD aforementioned that , AFORD had organized a property expo coinciding with the Union budget from February month 27 to March one. Although the step was encouraging step, none of the enquiries have translated into actual sales. We had regular it with the budget hoping that some positive announcements within the budget would improve market sentiments leading to increase in booking of housing units. This has not happened so far.
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Q: As per CAG, IDCO has suggested some best way for allotment of land for set up the industry.
Latest Answer: Hi Samrat, The AG aforementioned, land was assigned to GMR Energy close to Kamalanga in Dhenkanal district for putting in of an influence plant, though an equivalent piece of land was earlier suggested for Odisha Hydro Power Corporation (OHPC), a state PSU, by the Central Electricity Authority (CEA). Idco had unheeded the claim of a authority Associate in Nursingd selected to allot the land in favour of a personal entity simply because it had signed an agreement with the authorities for the facility project.
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Latest Answer: Hi Suresh, As i heard from news, inordinate delay in delivering homes being created by LIC Housing Finance restricted (LICHFL), a subsidiary of LIC, at Khandagiri sq. here brought consumers to the streets on Sunday. They staged an indication before of the project site.
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