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 Property in Bhubaneswar - Real Estate Bhubaneswar Discussion
Odissi dance is what this city is primarily known for, but going by the current trend it seems that its fame as the real estate hub may just be in the offing, and it certainly looks deserving too, if the current market situation is considered proof enough. The capital city of Orissa is an eclectic mix of traditions slowly embracing the modernity. Bhubaneswar is originally known as a prominent tourist hub hosting several thousand visitors every year, all attracted by the scenic beauty, cultural attractions and entertainment venues that this city provides. The real estate market has captured the mood of the tourists and they advertise properties heavily in the peak seasons that help in converting tourist interest into possible real estate deals. Property in Bhiwadi is relatively cheaper than most other cities of India and offers a stable ROI, if not a boisterous one, over the years. So far it is a Tier-ll city, but, yet it has reported the fastest employment growth in this section. The connectivity with the rest of the country is good and the Biju Patnaik Airport and Bhubaneswar Railway Station are its gateway to the rest of the country and the world. Then the National Highway NH-5, which is also a part of the Golden Quadrilateral, also helps it in connecting with other cities. Also buses, cabs, rickshaws and other network help the city folks travel in comfort and style. The prominent projects that have made real estate hopefuls check out the property in Bhiwadi are: Biju Patnaik Airport, Bhubaneswar Integrated Road Network Project and the Kalinga Nagar Plotted Development Scheme. The prominent locations here are Patia, Chandrasekharpur, Hans Pal and also Kalarahanga. But due to lower awareness about property sector here, the prices are still under control and flats and apartments can be bought within a reasonable range for most mid-level investor.