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Bhubaneswar Real Estate

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Property in Bhubaneswar : an overview

The Temple city Bhubaneswar is one of most fascinating city in India of state of Orissa. Being the capital city of the state Bhubaneswar is in the top position among the developed cities of India. Bhubaneswar has also a strong historial background itself. However, the modern city of Bhubaneswar was designed by the German architect Otto Königsberger in 1946.


Bhubaneswar, capital of Orissa is situated in the eastern coastal plains of India and south-west of the Mahanadi river. Bhubaneswar is situated between 21° 15’ North Latitude 85° 15’ Longitude and at an altitude of 43 mtrs. above sea level.The normal temparature here in winter lies between 12 °C to 15 °C and in summer 40 °C to 46 °C.The monsoons reaches in June & the average rainfall per year is between 1400 to 1600 mm. 


Bhubaneswar, a land of glorious history, art & culture.The city has seen the great mauryan ruler changing into ikon of  peace.Apart from this Hinduism supplemented Jainism, and Kesari and Ganga kin gdoms did a lot for the progress of Orissa culture, which can been seen in the city. Previously, in the same row during the period of Kharavel, Orissa started gaining it’s lost glory.Once the city was home for arround 7000 temples dedicated for different deities. Now only 500 of them survive.Bhubaneswar has developed itself with offices, hotels, industries, parks, cinema halls, auditoriums, colleges, hospitals, clinics, airport, railway station, etcs. Bhubaneswar is being visited by thousands of tourists, businessmen, students everyday. Different oriya newpapers are being published.This city is a must visit for all the tourists worldwide.This can be addressed as the paradise for visitors. In Bhubaneswar, Shiva is known as Tribuhuvaneswara or " Lord of the Three Worlds", from which the city derives its name. Beside  being the capital of ancient Kalinga, Bhubaneswar is known as Temple Town and Cathedral City on account of its many temples in the extravagant Orissan style. Modern Bhubaneswar is delightfully rural for a state capital that administers theaffairs of 25 million Orissans. 

 

Real Estate in Bhubaneswar

Real estate market in Bhubaneswar is taking giant leaps today, it’s because investment is coming in with IT sectors and different industrial sectors. Most big IT majors like TCS, Infosys and Wipro have entered the city to tap into the city’s trained manpower. One hears that real estate major DLF is also looking at developing an IT Park on 54 acres of land which will house other IT companies like Accenture and IBM as well.The upcoming suburbs in the city include Chandrashekharpur in the north, Khurda, Jatni, and Choudwar towards the south, and along Cuttack-Bhubaneswar Road which is on NH-5. Bhubaneswar property is become another attraction for NRIsfor property investment.


Importants monuments & places in Bhubaneswar

  • Lingaraj Temple
  • Khandagiri & Udayagiri Cave
  • Dhuli Santi Stupa
  • Nandan Kanan ( Zoological & Botanical Garden )
  • Infocity


Education :
In Bhubaneswar there is world famous university as Utkal University and with lot of technical & non-technical educational Institute. And it is a booming industrial area for IT industry also. Under the Export Promotion Industrial Parks (EPIP) Scheme to create high quality infrastructure facilities for setting up Information Technology related industries. Infosys and Satyam Computer Services Ltd. have been present in Bhubaneswar since 1996-97. Wipro’s software development centre in the city is scheduled to be operational by the end of February this year.The first tower unit of the TCS centre is ready and has a capacity to accommodate nearly 1,200 professionals but the software major has only 250 employees at present.This has earned the state capital in eastern India the unique distinction of having the presence of the big four i.e. Infosys, Satyam, TCS  and Wipro.

 

Transportation

  • Airport : There is Biju Patnaik airport in Bhubaneswar which is connected to New Delhi, Mumbai, Kolkata, Hyderabad, Chennai and Bangalore by daily flights. Regular flights operate to and from Bhubaneswar to all metros and major destinations in India.
  • Railways : Bhubaneswar is one of the most important railway stations in Eastern India. Bhubaneswar having a major railway junction at Khurdha for South Eastern railways. Besides there are more two another station at Bhubanewar connected to all major cities in India.
  • Roadways : The city being the capital, is well connected to all parts of the state and nearby states as well. There is regular bus service to and from all major cities. The main bus stand is at a distance of 8 km from the city center.  Bhubaneswar road ways is well connected directly to major cities like Kolkata, Chennai, Visakhapatnam & Raipur. The NH of  Bhubaneswar is also very wide and smooth.

     

Distance from Major city

  • Kolkata  : 482 Km
  • Chennai  : 1235 Km
  • Delhi  : 1745 Km
  • Hyderbad : 1075 Km
  • Vishakhapatnam  :  425 Km

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  • Bhubaneswar Locality Map

  • Property Distribution

    • 57% - Apartments / Flats
    • 13% - Bunglow & Villas
    • 19% - Residential Plots
    • 1% - Builder Floor
    • 8% - Independent House

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