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Recent & Future Developments

What's New in Hanspal, Bhubaneswar

Live news feed — last updated 14 July 2026

14 Jul2026

Odisha State Housing Board Plans Four New Housing Projects with 6,877 Units

The Odisha State Housing Board (OSHB) is planning four new housing projects across the state, collectively offering 6,877 dwelling units, including affordable housing. Projects in Bhubaneswar, such as the Gadakana Housing Project and the Suango PPP housing project, will contribute significantly to this initiative.

Source: The New Indian Express
02 Jul2026

Odisha Cabinet Approves Free Education Scheme from KG to PG

The Odisha Cabinet has approved the 'Gyanodaya–Shiksharu Samruddhi' scheme, which will provide free education from Kindergarten (KG) to Postgraduate (PG) levels in government and government-aided institutions across the state. This initiative aims to make quality education accessible and affordable.

Source: Organiser / Business Standard / The New Indian Express
18 Jun2026

Odisha Government Approves Major Investment Proposals

The Odisha government has approved 20 mega investment proposals totaling Rs 76,612 crore, expected to create over 50,000 jobs across various sectors including green energy, steel, pharmaceuticals, and lab-grown diamonds. These approvals aim to boost industrial diversification and economic growth in the state.

Source: Rediff Money, The Times of India & 3 others
10 Jun2026

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.

Source: The Times of India, Uni India & 7 others
07 May2026

BDA Releases Draft SOP for Land Parcel Reconstitution in Bhubaneswar

Bhubaneswar Development Authority has released a draft Standard Operating Procedure (SOP) for land parcel reconstitution under town planning schemes 42 to 45 in Zone IV. This aims to establish a transparent framework for equitable distribution of reconstituted plots, benefiting landowners. The SOP allows for voluntary amalgamation of plots and permits joint applications.

Source: The Times of India
03 Mar2026

Bhubaneswar Housing Projects Set for Completion in 2026

Some Prominent housing projects in Bhubaneswar are scheduled for possession in 2026. Mahima Greenex in Hanspal is slated for March 2026, DN Fairytale Extension in Madanpur is expected to be delivered by March 2026, and Stalwart Pride in Jagamara is scheduled for possession from October 2026. These projects aim to provide modern housing options to Bhuwaneshver residents.

Source: Square yards
Explore Key Amenities & Commute

What's Around Hanspal, Bhubaneswar

Schools, transit, healthcare and essentials within walking distance — plus quick travel-time estimates to Bhubaneswar's top business hubs.

map
Nearby Places
  • Prabhujee Em School
    School
    4.6 km
  • Vss Nagar Market
    Office Park
    4.7 km
  • Empires Hotel Bhubaneswar
    Hotel
    5.3 km
  • Sparsh Hospital
    Hospital
    5.3 km
  • Bmc Bhawani Mall
    Shopping Mall
    5.4 km

Plan your Commute Travel time from Hanspal, Bhubaneswar

Data Intelligence

Price Insights for Hanspal, Bhubaneswar

Quarterly trends, asking-price distribution, transactions and rental supply — powered by Square Yards' transaction graph.

Property Price Insights in Bhubaneswar East
Avg. Sale Price ₹ 6,750/sq.ft For Apartment
-1.33%
Property Demand vs Supply

Where the Market is Moving

Real-time signals from buyer searches and active inventory in Hanspal, Bhubaneswar.

  • Sale
By Property Type
Demand
Supply
Apartment
13%
20%
Plot
11%
60%
Villa
75%
20%
By BHK
Demand
Supply
3 BHK
87%
100%
By Budget
Demand
Supply
50 L - 2 Cr.
25%
60%
2 Cr. - 5 Cr.
75%
20%
Hanspal Spotlight

Top Projects in Hanspal, Bhubaneswar

Browse Inventory

Properties Available in Hanspal, Bhubaneswar

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  • By Budget
  • By Property Type
  • By BHK
Properties in Hanspal, Bhubaneswar
Property for Sale in Hanspal Bhubaneswar
Under 20 Lakhs
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Flats in Hanspal Bhubaneswar
for Sale
Properties in Hanspal, Bhubaneswar
Villas in Hanspal Bhubaneswar
for Sale
Properties in Hanspal, Bhubaneswar
Residential Plots in Hanspal Bhubaneswar
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Properties in Hanspal, Bhubaneswar
3 BHK Flats
in Hanspal Bhubaneswar for Sale
Neighborhood

Localities around Hanspal, Bhubaneswar

Compare top neighbouring localities and discover micro-markets nearby.

Average Sale Price
₹ 5,050/sq. ft
Rental Yield
3.9%
Rental Yield
3.9%
Rental Yield
3.9%
7
New Projects
1
For Sale
Average Sale Price
₹ 6,850/sq. ft
Rental Yield
3.9%
7
New Projects
1
For Sale
Rental Yield
3.9%
5
New Projects
2
For Sale
Rental Yield
3.9%
3
New Projects
2
For Sale
Rental Yield
3.9%
3
For Sale
Rental Yield
3.9%
1
New Projects
1
For Sale
Rental Yield
3.9%
1
For Sale
Rental Yield
3.9%
1
For Sale
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