Bhubaneswar Real Estate to Be Boosted Through the Jagasara Greens

Bhubaneswar is a rapidly developing city which has seen the construction of several sectors in the recent past. Based on the housing requirements of the under construction Infocity II along the city’s outskirts, the BDA or Bhubaneswar Development Authority has planned to construct an integrated township project spread over 67 acres in the Jagasara village. The BDA has called for a meeting of various developers to take their feedback on this project.

The Vice-Chairman of BDA has commented that the BDA shall develop the civic and physical infrastructure like public amenities, drains and road. The BDA invites private developers to construct housing projects on twenty five different plots that have been carved out already. The township shall have flats for sale in Bhubaneswar to house 7000 families. The Jagasara plan has been formed for land that is owned by the BDA already. It is a part of the much publicised South City Township that has been proposed. It has been planned on a plot of 1200 acres along the southwest corridor of the state’s capital. For the past couple of years, the proposal was mooted and no progress was made on this ambitious that would provide fresh flats for sale in Bhubaneswar. At present, the government wants to commence the project with a smaller plan.

The integrated township has been branded as Jagasara Greens and the BDA hopes to make the most of its favourable location near the under construction Info City II spread over 440 acres. The latter is an Info Valley Project by the IDCO. In the near future, the project is slated to offer employment for almost 80,000 people over a period of five years. Therefore, the need to create amenities and residences for employing professionals and their families is necessary. The Jagasara plot owned by the government is 67 acres in area and is strategically located for catering to the demand.

The integrated township proposal visualises an inclusive, walkable and vibrant neighbourhood which would serve recreational, medical, educational and housing needs. The project has several environment friendly features planned such as storm water management, where the water shall be retained in an abandoned stone quarry towards the site’s southwest. Activity hubs, cycle tracks, pedestrian paths and other facilities shall be there for accommodating the different needs of the housing mix for different income groups, including Economically Weaker Sections.

The project shall be developed mostly on middle to low rise buildings that will cover 1-2 acres. Sports complex, schools, shopping malls and a hospital plot shall serve as the anchor institutions of the new developments.

Developers have shown mixed reactions on the proposal by the BDA. Some have lauded the step and have stated that the move shall lead to progress on different realty projects because the sector witnessed stagnation over the last few years. However, others are sceptical as the Info Valley project is progressing at snail’s pace. The flats for sale in Bhubaneswar in housing projects located at Info Valley may not find enough takers as those near the Info City I, which are completely ready have not found any takers so far.