Latest Realty News of Odisha

Odisha to make low-cost houses for poor
Jan 06, 2015
Bhubaneswar: Odisha CM Naveen Patnaik today announced Rs 15,000 crore to Rs 20,000 crore to be spent on the programme to provide low-cost affordable housing for the poor
Sovereign, pension funds bet big on commercial realty
Jan 06, 2015
Mumbai: The new year could well turn out to be a big one for the commercial real estate sector
BDA to construct around 10,000 Aff Homes in Odisha: Dr Krishan Kumar
Jan 04, 2015
Bhubaneswar: Around 10 thousands Affordable houses are proposed to be built by Bhubaneswar Development Authority [BDA] in the coming years
ED spots Seashore land in Sambalpur
Jan 01, 2015
BHUBANESWAR: Officers of the Enforcement Directorate (ED) located land worth more than Rs 1 crore belonging to the Seashore Group
Odisha to fix modalities for scrapping allotments under discretionary quota
Dec 31, 2014
Bhubaneswar: State chief secretary G C Pati discussed on the possible modalities for implementing the recommendations of a task force to scrap irregular allotments of land and houses
Partial relief over land acquisition: Industry
Dec 31, 2014
Mumbai: The amendment to the land acquisition law is a step in right direction, but not enough to bring down project costs
Scanner on property tax evaders
Dec 30, 2014
Cuttack: A special drive has been launched to identify the residential and commercial buildings that continue to remain outside the corporation's tax radar
Realty sector welcomes amendments to Land Acquisition Act
Dec 30, 2014
New Delhi: The decision by the Union Cabinet to take the ordinance route to bring amendments to the Land Acquisition Act has been welcomed by the Indian real estate sector
Invest in real estate now, residential rates may rise in latter part of 2015
Dec 29, 2014
Most real estate markets in India, with the exception of Bangalore, remained stagnant in 2014
On ordinance spree, govt may next take up changes to the land Act
Dec 29, 2014
New Delhi: To make the land acquisition Act of 2013 industry-friendly, the government is likely to take the ordinance route for amending the provisions on land owners' consent
Premium paid by developers in Affordable Housing category should be brought down: Mr Sunil Mantri
Dec 25, 2014
Mumbai: Union Government should reduce the premium paid by developers in case of affordable housing, to address the urgency in meeting the shortfall in the Category, besides, thrust on PPP projects
Landowners halt rehab colony job
Dec 23, 2014
Paradip: Landowners have intensified their protest as fresh hurdles cloud land demarcation process for the proposed rehabilitation colony meant for sea-erosion affected people of Satabhaya
Double plots: Union min, BJD biggies land in trouble
Dec 21, 2014
BHUBANESWAR: Culture minister Ashok Panda, Choudwar-Cuttack BJD MLA Prabhat Biswal in the list of 302 people, whose family 'illegally' availed multiple plots/flats under different government scheme
First-ever Real Estate Award to be held in Odisha
Dec 19, 2014
Bhubaneswar: Odisha is going to have a maiden Real Estate Award-2015 scheduled to be held on 17th of January next year
Odisha scraps allotments of land, houses under discretionary quota
Dec 19, 2014
Bhubaneswar: Odisha government announced scrapping of all such allotments made under the quota since January 1, 1995
CBI Seizes Records of 2 Real Estate Firms
Dec 16, 2014
BALASORE: A team of CBI officials from West Bengal seized some documents from Baliapal offices of Remac Realty India Limited and Infinity Realcon Private Limited
Pros and cons of buying property from secondary market
Dec 15, 2014
The chief advantage of buying from the secondary market is that the price tag is lower than the developer's
There seems to be no property bubble yet in India: Ratna Sahay
Dec 15, 2014
Amid talk of an asset bubble in the country, housing prices overall are not yet a concern: Ratna Sahay, deputy director, monetary and capital markets, International Monetary Fund
Idco hikes fee to tweak land use
Dec 11, 2014
Bhubaneswar: The Odisha Industrial Infrastructure Development Corporation (Idco) has decided to regularise land that had been allotted for industries but was being used for other purposes
BMC gets staff to maintain parks
Dec 10, 2014
BHUBANESWAR: The state government has asked the Bhubaneswar Development Authority (BDA) to depute 28 of its employees to Bhubaneswar Municipal Corporation (BMC) for maintaining parks and roads
Axis Bank cuts fixed home loan rate to 10.40%
Dec 10, 2014
Mumbai: Axis Bank Ltd, India’s third largest private sector bank by assets on Tuesday cut its fixed rate home loan interest rate to 10.40% from 11.75% earlier
Civic staff stay on in unsafe buildings
Dec 08, 2014
Bhubaneswar: The municipal corporation talks of cracking the whip on unsafe buildings but it has failed to convince its own employees to vacate three such dilapidated structures at Mulapadia colony in Old Town
Indian realty market sees $4.5 bn investment during January-September: CBRE
Dec 05, 2014
MUMBAI: Country's real estate market attracted investments worth nearly $4.5 billion during the January-September period this year
ED attaches Rs 158 Cr. Seashore property
Dec 04, 2014
BHUBANESWAR: A week after attaching Rose Valley Group's Rs 295 crore bank balance, the Enforcement Directorate (ED) attached Seashore Group's assets worth over Rs 158 crore
Realty firms gain as govt eases FDI norms for construction
Dec 04, 2014
Mumbai: Realty companies have gained between 1% to 3% on BSE boosted by government's decision to ease FDI norms in construction sector

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