Realty development sprouts in Odisha towns
Construction of multi-storied residential apartments has gained pace in small towns of Odisha.
Real estate development was centered around Cuttack-Puri-Bhubaneswar triangle earlier and housing demand was confined to these big cities. However, scenario has changed as several residential projects are coming up in smaller towns such as Angul, Jharsuguda, Sambalpur, Bargarh, Balasore, Bhadrak, and Berhampur.
Analysts say that apartment culture is picking up across Odisha towns. Now people prefer apartments and planned constructions to buying. Salaried employees have disposable money but don’t have time to construct a house by employing a contractor on their own, thus pushing up demand for apartments.
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