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Bhubaneswar the Capital and Temple City - Attractive Investment Opportunities

The City:

  • Bhubaneswar – a city of 1000 temples is around 60km from the holy tourist city of Puri and Black Pagoda, Sun Temple at Konark. This area is known as the Golden Triangle of Orissa.
  • Excellent air, rail and road connections to all metros and other important cities of India.
  • The city is undergoing a massive change in its demography since its inception and is already well set on the path to claim itself as a Tier I city in due course.

Business Potential:

  • Rs 92000 crores of investment committed for the state by private entities.
  • IT Parks (Infocity) have been established where IT giants namely Infosys, Satyam, TCS, Wipro, Mindtree etc. are already operating. IT Services business is growing at the rate of 30-35 % per year. Second Infocity to be constructed very soon.
  • Raheja and DLF have signed MOUs for building of further IT Parks and SEZ in line with Govt of India strategy for moving IT business to Tier II cities from the metros.
  • Hospitality sector rapidly expanding due to business and tourism potential.
  • Education sector is rapidly expanding to take care of talent development.
  • Opening of Head Offices of many national and international steel companies such as POSCO, Arcelor Mittal, Vedanta, Tata Steel, Bhushan Steel, Jindal etc. have resulted in influx of migrants from other parts of India and abroad including intelligentsia from the state itself.
  • Vedanta to set up a world class university.
  • Aditya Birla and ADAG have signed MOUs for huge investments in power, telecom, tourism, infrastructure etc. areas.

Real Estate:

  • This business potential has created a huge demand for quality housing in the city which is projected to rise further.
  • The spectacular growth is witnessed through the development of areas such as Chandrasekharpur and Patia and still the city is pushing further towards Nandankanan Zoological and Botanical Gardens. Patia claims to be the preferred growth area both commercially & residentially where KIIT University is also located.
  • Demand for quality houses in running at par with the supply, since a quality housing unit is never found vacant. Even advance booking is preferred nowadays for quality housing projects.
  • In this climate of high inflation, rising oil prices, crashing stock markets and global economic slowdown, the advice of investment experts is to invest in real estate which will provide an assured return through asset value appreciation, irrespective of whether you live there or let it out.

Investment with Trishna:

In view of the above scenario, we invite residents, NRIs and foreign nationals to invest in real estate with Trishna in Bhubaneswar. Following important features may be noted:

Terms of Investment:

It is important to hold on to the investment for at least 1 to 3 years for a decent capital appreciation and if you sell your property within 3 years you are liable for a short term capital gains tax of 30-35% as per Income Tax rules. Hence it is better to stay invested for 3 years and then plan for the next investment with the capital gains.

  1. Return on Investment:
    It is advisable to have a conservative approach for both capital appreciation and rental returns. However one can safely expect capital appreciations anywhere upwards of 20% Per Year and rental yields of 4% to 6%.
  2. Re-sale of Properties:
    In a booming market every property owner wants to encash their property at the best value. Depending on the commitment level of the seller good transactions can be negotiated though it could be time consuming at times. The repair value for old buildings and other property documentation issues can be challenging in certain transactions.
  3. Corporate Clients:
    As mentioned earlier, the city is already having a rich corporate presence. This will grow further since Govt. of Orissa has invited foreign and resident investors to setup industries in the steel, aluminum, I.T., infrastructure, power, education, tourism, hospitality etc. sectors. The Govt. has already signed MOUs for this and many companies already have their administrative offices in the capital thereby creating further demand for quality residential units. Thus any investment in real estate at this time is sure to yield a good return in the future.

TRISHNA has been in the real estate business since last 10 years and today it can safely claim to be the best among its competitors qualitatively. Hence, quality conscious and investment savvy customers are always willing to invest with TRISHNA.


Hence, why not invest your money wisely in the booming real estate of this rapidly growing city of Bhubaneswar, especially with Trishna who understand their client’s requirements perfectly.


Upcoming projects

  • Trishna Info. Complex
    (Residential flat), Patia
  • Trishna Enclave Phase VIII
    (Mega housing project), Patia
  • Trishna Ghar Phase II
    (Residential Complex), Kalarahanga



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