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Bhubaneswar Property – Take Advantage of Falling Prices

by anonymous

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Property in Bhubaneswar today is highly priced and righly so. Bhubaneswar
is fast becoming the realty hub of East India.
Real estate in Bhubaneswar
is picking
up with big realty players entering the city with large scale
property projects.

Popularly called the ‘Temple City of India', Bhubaneswar has always been a residential
hub with outlying industrial areas. Also a popular tourist destination, Bhubaneswar today is  known as an education hotspot and a
Telecommunication & IT hub. While marching ahead in all these fields, the
city has been witness to the fastest realty developments in the entire East India. No wonder, properties in Bhubaneswar are high in demand.

 

From commercial to retail to residential property
in Bhubaneswar
, all
segments are growing at a fast pace thanks to the increasing demand with every
passing day. One of the main reasons which attracts realtors towards property
in Bhubaneswar is the fact that land is several areas across the city is still
priced at affordable rates and also the city has breathtaking beauty in its
backdrop. 

 

Bhubaneswar
today stands as one of the favourite destinations of India Inc’s investment
plans.  And, with the Orissa Government
managing to rope in IT majors from all across the globe, real estate investment
is looking good in the State and being the capital city, all real estate
biggies have now their eyes set on Bhubaneswar
property
.

Investing in Bhubaneswar property is therefore expected to
fetch huge returns in the coming times. The property in Bhubaneswar is good for both investment
purpose and being a beautiful modern city, residing here isnt a bad option
either.



In the last five years, the
rates of properties in Bhubaneswar
have already been moving upwards, rising at a whopping 300 percent in some
regions. The increased investments across various sectors are a primary reason
for the staggering increase in property costs. Moreover, the demand has also
seen an upward trend.  Besides the areas
within the city, Bhubaneswar is rapidly stretching out to include the twin
hills of Khandagiri and Udayagiri as well as the Nandankanan wild life park in
its peripheries and with Bhubaneswar property expanding, realtors are queuing
up with several hosuing projects in the pipeline.

 

According to a survey, about
30 lakh people need to be accommodated in the city by 2030 as against 13 lakh
now. Close to 10,000 acres of land have been earmarked for this, attracting
some of the biggest names in the real estate development to the city.  As a result, the demand for property in Bhubaneswar is peaking up
as investing in it is a win-win situation for anybody today.

For more information about Bhubaneswar
property
please visit to http://www.orimarkproperties.com/ProjectGallery1.aspx?city=Bhubaneswar-Property

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