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Corporate Office

Metro Group, Plot No. A295, Saheed Nagar, Bhubaneswar - 751007, Odisha, India

Registered Office

Metro Group Orissa Pvt. Ltd., Metro Riverview Complex, Sunshine Field, Ring Road, Cuttack-753002, Odisha, India

Enquiries

+91 90900 48484 info@metrogroup.ind.in

Disclaimer

The information given on the website regarding the company, past experience, current and upcoming projects, except the legal documents, is purely indicative and representational and does not constitute a promise by the company nor does it create any contractual obligation on part of the company. The content herein of upcoming projects describes the conceptual plan to convey the intent & purpose of the projects. The pictorial representations, including that of buildings, towers, facilities, surroundings, color scheme and amenities are artistic impression and are only indicative of the envisaged developments and actual product may differ from what is indicated herein and all dimensions are approximate and are subject to construction variances. Further, the Company/ Architects reserve the right to add/delete any details/specifications/elevations mentioned, if so warranted by the circumstances subject to the applicable laws. The relationship between the Promoter/Developer and the actual customers will be governed strictly by the agreements to be executed from time to time and not on the terms of this website and or any other promotional document. Please refer to the template of Agreement for Sale on RERA Website or approach our sale’s representative available at our office address to know about Promoter’s/Developer’s legal offering and its contractual obligations in respect of purchase of flats/units in the Project(s).

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5 Reasons to Invest in Real Estate in Bhubaneswar

Investing in real estate in Bhubaneswar, the capital city of the Indian state of Odisha, can be a promising opportunity for several reasons. Here are five reasons to consider investing in Bhubaneswar's real estate market:

Rapid Urbanization and Development: Bhubaneswar has experienced significant urbanization and development in recent years. As one of India's smart cities, it attracts substantial government and private sector investments, leading to the expansion of infrastructure and various amenities. This urban growth can positively impact property values and rental demand, making it an attractive prospect for real estate investors.

Booming IT and Educational Hub: Bhubaneswar has emerged as a significant IT and educational hub in eastern India. The presence of numerous IT companies and educational institutions has led to an influx of professionals and students, driving the demand for residential and commercial properties. Investing in properties near these hubs can yield high rental returns and potential for property appreciation.

Affordable Real Estate Prices: Compared to metropolitan cities in India, Bhubaneswar offers relatively affordable real estate prices. Investors can find properties at lower costs compared to cities like Mumbai, Delhi, or Bengaluru. The affordable entry point allows investors to diversify their portfolios and potentially earn higher returns in the long run.

Thriving Tourism Industry: Bhubaneswar is known for its rich cultural heritage and historical significance, attracting tourists from across India and the world. The tourism industry here has been growing steadily, leading to a demand for short-term rental accommodations such as vacation homes, serviced apartments, and guesthouses. Real estate investors can tap into this market to generate regular income through tourism-based rentals.

Government Initiatives: The Odisha state government and the central government have introduced various initiatives to promote investment in real estate and infrastructure development. These initiatives include tax benefits, easier land acquisition processes, and policies encouraging public-private partnerships. Such favourable government measures can provide a conducive environment for real estate investment in Bhubaneswar.

As with any investment, it's essential to conduct thorough research and due diligence before investing in real estate. Understanding the local market trends, property demand, and future growth prospects can help you make informed decisions and maximize the potential returns on your investment.