Royal Retreat Ideal Plaza Chandrasekharpur, Bhubaneswar

HCLTech to Invest $1.48 Billion in AI Data Center in Bhubaneswar

HCLTech will invest Rs 14,257 crores to establish its first AI data center in Bhubaneswar,in partnership with Sarvam AI and the Government of Odisha. HCLTech also plans to open a global technology center in Bhubaneswar, which will house 5,000 employees and to be operational by 2028.

HUDCO Partners with Odisha Government for ₹1 Lakh Crore Urban Infrastructure and Housing Projects

Housing and Urban Development Corporation (HUDCO) has signed an MoU with the Odisha Government to provide term loans up to ₹1 lakh crore over five years for urban infrastructure and housing projects. This collaboration aims to accelerate housing and infrastructure growth across Odisha, including the Bhubaneswar-Cuttack-Puri-Paradeep Economic Region.

Odisha Cabinet Approves Major Infrastructure and Development Schemes

Odisha Cabinet has approved several significant schemes, including a Rs 500 crore Waterfront Development Scheme aimed at rejuvenating urban riverfronts and water bodies over five years. . Additionally, the cabinet sanctioned a Rs 210 crore project for a working women's hostel in Khordha to provide safe accommodation for female industrial workers.

Odisha's Railway Development: Over Rs 90,000 Crore Projects Underway, Rs 10,000 Crore Allocated

Railway projects worth over Rs 90,000 crore are currently in execution across Odisha. The state has received a record budget allocation of over Rs 10,000 crore for railway development. 59 railway stations are being redeveloped. A four-line railway corridor along coastal Odisha from Balasore to Brahmapur is also planned.

Bhubaneswar Railway Station Undergoes Major Transformation with New Air Concourse

The Bhubaneswar Railway Station is being upgraded into a modern transit hub with significant infrastructure improvements. A new air concourse has been introduced, providing seamless connectivity across all six platforms and greatly enhancing passenger convenience and movement within the station.

Puri International Airport Project Advances with Key Approvals

The proposed Puri International Airport has made significant progress with crucial approvals, including Site Clearance and in-principle approval from the Government of India. This project aims to establish Puri as an international gateway, boosting tourism and economic development. T

NHAI Awards Contract for Bhubaneswar Capital Region Ring Road Project

NHAI has awarded contracts for the construction of the six-lane access-controlled Greenfield Capital Region Ring Road (Bhubaneswar Bypass) project in Odisha to three concessionaires. The 111 km long project, stretching from Rameshwar to Tangi,.The project aims to significantly enhance regional connectivity & decongest the urban areas of Bhubaneswar, Cuttack, and Khordha,

Bhubaneswar Tackles Congestion: Road Projects, ROBs

The Public Works Department is implementing a decongestion plan for Bhubaneswar, which includes 37 road development projects and the construction of three new road overbridges (ROBs) in partnership with the railways. These projects aim to widen roads, upgrade existing ones, and create new links to improve traffic flow and reduce waiting times at railway crossings.

During Q4'2025, average property prices for Royal Retreat Ideal Plaza moved from ₹ 3,650/sqft to ₹ 3,900/sqft, reflecting a 6.85% rise.