Latest Realty News

Mar 19, 2016
Bhubaneswar : The New Managing Committee of Credai Odisha were elected for term 2016 -18 at Mayfair convention on 18th March 2016.
Dec 21, 2015
Bhubaneswar: A plantation drive was organized by the Credai Odisha today here at Gajapatinagar where numerous dignitaries participated to support the cause. Ananta Narayan Jena, Mayor, Bhubaneswar, Priyadarshi Mishra, MLA and Akash Dasnayak, MLA & the Brand Ambassador of CREDAI Expo 2016 had attended the drive - ‘GO GREEN WITH CREDAI’.
Dec 05, 2015
Bhubaneswar, Dec. 4: The Odisha chapter of the Confederation of Real Estate Developers' Association India (Credai) is also planning to use social and digital media to sale properties.
Aug 07, 2015
Bhubaneswar: The CSR Committee of CREDAI-Odisha along with Indian Red Cross Society- Odisha State Chapter, has conducted a blood donation camp at its association office on 5th August 2015.
Feb 28, 2015
Bhubaneswar: The Union Government’s much touted announcement ‘Housing for all by 2022’ seems to have lost its significance
Soon, BMC will approve building plans, not BDA
Nov 18, 2014
BHUBANESWAR: People who want to build a house in city have to approach Bhubaneswar Municipal Corporation (BMC) for approval of their building plans soon
'BDA to Meet Housing Needs of City'
Nov 15, 2014
BHUBANESWAR: Vice Chairman of Bhubaneswar Development Authority Krishan Kumar said, the State Capital Region Development Fund (SCRDF), a corpus set up by the development body, has, so far, managed to mobilise `100 crore
CREDAI Odisha to organise Property Expo from Nov 14
Nov 08, 2014
Bhubaneswar: The Odisha branch of the Confederation of Real Estate Developers’ Associations of India (CREDAI), will organise Property Expo
Scams hit real estate prospects in Bhubaneswar
Sep 23, 2014
Recent developments in land and chit fund scams have worsened miseries of the real estate industry in the city
Pay 1% of project cost to get building plan approved: BMC
Sep 09, 2014
Real estate developers have to deposit one per cent of the project cost to Bhubaneswar Municipal Corporation (BMC) in advance so that the civic body may build infrastructure such as drains, streetlights and roads
‘Construction Workers Health Check-up Week’ by CREDAI Odisha begins
Jul 09, 2014
As part of the social initiative, Better Healthcare’ – CREDAI CSR Committee along with Odisha CREDAI youth wing, has organised a week-long free mega health check-up camp from July 7 to July 13 for construction workers at 20 different construction sites in Bhubaneswar.
Realtors defer launching of new projects for polls
Apr 07, 2014
BHUBANESWAR: The realtors in the city have deferred launching of new projects as the consumers are pulsated with impending polls in the state and are awaiting the formation of a new government.
Patra elected as Credai Odisha head
Mar 11, 2014
BHUBANESWAR: Dilip Kumar Patra, MD of Narayan Agencies and Estates Pvt Ltd, was on Saturday elected as the president of Credai Odisha for a two-year term for 2014-16.
Credai new president, general secy chose
Jan 17, 2014
Bhubaneswar: The State Chapter of the Confederation of Real Estate Developers’ Association of India (Credai) selected Umesh Pattnaik as its new president and Devkant Patnaik as the new general secretary with immediate effect at its managing committee meeting here. Both of them will work till March 31, 2015.
Odisha to hunt evaders of works contract tax in realty sector
Jan 13, 2014
BHUBANESWAR: The Commercial tax wing of the state government has ordered its officers to identify real estate developers, who do not deduct works contract tax (WCT) from contractor's fee, as part of its drive to boost revenue collections.
CREDAI Proposes to Build 5,000 Housing Units
Dec 10, 2013
BHUBANESWAR: The Confederation of Real Estate Developers’ Association of India (CREDAI), Odisha chapter has proposed to build about 5000 affordable housing units in the city.
Reforms in real estate sector to boost FDI, says Credai
Dec 07, 2013
BHUBANESWAR: Reforms in the real estate industry, such as bringing in more transparency and setting up of regulatory body, would boost foreign direct investment (FDI) in the sector by at least 20 times, said Confederation of Real Estate Developers' Association of India (Credai).
Builders rely on low cost houses to revive market
Nov 09, 2013
BHUBANESWAR: Real estate developers in the city are targeting affordable housing to revive the sluggish real estate market.
Property Exhibition opens
Nov 09, 2013
BHUBANESWAR: Affordable housing is the major highlight of the three-day property expo which was inaugurated by Housing and Urban Development Minister Debi Prasad Mishra at Janta Maidan here on Friday.
Flood effect: Realty sector hit as workers in short supply
Oct 30, 2013
BHUBANESWAR: Realtors are keeping their fingers crossed about the impact cyclone Phailin and the subsequent floods are likely to have on the real estate sector.
Urban mess floods real estate hub
Oct 27, 2013
BHUBANESWAR: Raghunathpur near Patia is fast gaining the notoriety of Sundarpada, which is infamous for waterlogging at compounds of highrises and apartments due to unplanned construction.
Credai selects land for low cost housing projects
Oct 07, 2013
BHUBANESWAR: The Confederation of Real Estate Developers Associations of India (Credai)- Odisha chapter has identified about 20 acres of land for developing low cost housing projects.
Orissa real estate market: A `reality' Check
Aug 03, 2013
BHUBANESWAR: Real estate and mining have been the sunrise sectors for the state -over the past half-a-decade. But the 'mining is in shambles now for rea­sons known to all. Quite dependent on the mining sector, the real sector has definitely faced issues due to mining slowdown. Nevertheless, the performance was still going good till a few months ago. But owing to some supply-demand mismatch the sector is going through a rough phase, if not turbulent times. Orissa Post does a reality check by talk
Cheaper houses to revive realty market
Aug 01, 2013
BHUBANESWAR: Realtors are banking on housing units below the Rs 25 lakh range to revive the sluggish market in the city.
Proper land allotment policy is a must for realty
Jul 23, 2013
BHUBANESWAR: The real estate sector in Orissa is passing through a sluggish phase, as demand is less, and so is money circulation. Besides, real estate's association with shady chit fund companies has resulted in a trust­-deficit among customers. D S Tripathy, national joint secretary of the confederation of real estate developers' association of India (CREDAI), shares his thoughts about the present problems, the possi­bilities, and challenges ahead. As told to Raghunath Panigrahi.

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