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Old 12-01-10   #1
carbideman is offline carbideman
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Default Chaotic Real Estate - Bhubaneswar

Bhubaneswar is very dear to my heart given that I belong to Orissa and studied in Bhubaneswar. I became a globe trotter with my job after my studies. I had a dream to settle in Bhubaneswar after my service (long way to go). I had seen the city in a state when Vanivihar square had only three small stalls (pan, chai and bus ticket booking) and I am talking about year 2000. In 10 years the city has gained as well as lost its sheen.

This December it took me 45 minutes to reach Vanivihar from Baramunda square in a Car. I was actually looking buy a land/house. I do not know what has happened to this city, it has become costlier than Mumbai and Delhi now.

Since Naveen Patnaik took over, Orissa got a face lift and I do not remember if it continues to be the second from bottom when it comes to poor state. Industries are still to flourish, tourism has not made its dent, Education has become a good business and people became arrogant.

Real estate became chaotic. One of my friends (now in Helsinki) lost 8.5 lac trying to buy a land, in a “khosla-ka-ghosla” situation while another friend is not sure about possession after 4.5 years of payment. No established or reliable real estate agency and no control over such land and building problems.

No more vomiting of frustrations.

I have few questions to fellow members:
(1)Who are the reliable real estate agencies with proven track records in Bhubaneswar?
(2)Is there any system to verify the reputation or genuineness of the deals?
(3)Is there any website to publish the real-estate news after verification?
(4)What are the duties and regulations in buying RE?
(5)How can I cross check the prices of land, house or flat?
Any suggestion solicited……….

Last edited by carbideman; 16-01-10 at 09:34 PM.
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