Properties in Orissa have seen rise in the demand, then whether itís commercial property or residential property. Bhubaneshwar, the capital city of Orissa, is a land of most famous temples including Jagannath Temple, Linagraja Temple, Sun Temple etc. and has emerged as an important pilgrimage and tourist destination. The maximum appreciation rates of properties in cities like Puri and Berhampur have opened the doors for property investors. The upcoming TATA steel plant near Gopalpur has given a major boost to the real estate of Orissa. Once the project is completed the rates of property in Orissa will start escalating, which at present are quite affordable. Basically, this is the right time to invest in Orissa real estate for long term benefits.
The state development authority has also taken commendable steps for the development of residential property and commercial property in Ambapura, Dura Junction, Kalinga Hihar and Pothara along the Gopalpur - Berhampur highway. Today, the state is being developed as any other modern day area with the group housing residential real estate comprising flats, apartments, bungalows, villas and numerous other commercial real estate projects are picking up the fancy of builders in Orissa properties. The fast shedding caterpillar image of Orissa property is blossoming into butterfly with massive real estate projects in pipeline.