SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Bhubaneswar

Max Healthcare to acquire 58.4% stake in Kalinga Hospital, enters Bhubaneswar market

10 Apr 2026

Max Healthcare Institute Ltd has signed a share purchase agreement to acquire a 58.4 per cent controlling stake in Kalinga Hospital Ltd for an equity value of INR 300 crore, including a control premium. The move marks the company's entry into Bhubaneswar and strengthens its presence in eastern India. Kalinga Hospital, a 250-bed NABH-accredited facility, operates on a 10-acre campus with significant expansion potential. The hospital offers multiple super speciality services and can scale up to over 1,000 beds in the future, supporting long-term growth plans.Read more

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Bhubaneswar civic body to survey residential properties for unauthorised commercial use following Supreme Court directive

10 Apr 2026

The Bhubaneswar Municipal Corporation (BMC) has announced a city-wide survey to identify residential buildings being used for commercial purposes without approval, in compliance with a recent Supreme Court directive. The exercise will cover colonies, apartment complexes and housing societies across the city, with ward-level teams tasked with mapping violations such as offices, shops, clinics and guesthouses operating in residential zones. The court, while hearing a case related to an illegal commercial structure in Chennai, directed municipal bodies in state capitals to conduct detailed inspections and submit reports. The move addresses long-standing concerns over land-use violations that have led to congestion, infrastructure strain and disruption in residential neighbourhoods.Read more

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Bhubaneswar development authority partners with Surbana Jurong to prepare master plan for 800-acre new city

05 Apr 2026

The Bhubaneswar Development Authority (BDA) has entered into an agreement with Singapore-based consultancy Surbana Jurong to prepare a comprehensive master plan for an 800-acre New City project on the outskirts of Bhubaneswar. The proposed development, spread across Gothapatna, Malipada, and Daspur, is planned as a transit-oriented, mixed-use urban hub aligned with Odisha's long-term development vision. The project, with an approved outlay of approximately INR 8,179 crore, aims to accommodate urban expansion, provide affordable housing across income groups, and integrate commercial, residential, and institutional zones. The plan will incorporate sustainable infrastructure, public transport systems, and economic clusters to guide structured growth and reduce unplanned urban sprawl in the capital region.Read more

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Bhubaneswar civic body halts construction at Nandan Vihar housing project following resident complaints and alleged regulatory violations

26 Mar 2026

The Bhubaneswar Municipal Corporation has issued a stop-construction order against a housing project in Nandan Vihar after residents flagged multiple violations, including unauthorised expansion and non-compliance with regulatory approvals. The action follows complaints by the residents welfare association regarding ongoing construction despite rejection of the project's expansion by the Odisha Real Estate Regulatory Authority earlier this year. Allegations include lack of mandatory permissions, failure to complete committed infrastructure, and breach of approved building norms. The civic authority has directed the developer to halt all work pending further examination, while deploying inspectors to ensure compliance. The case highlights increasing scrutiny of residential developments in Bhubaneswar amid rising disputes over adherence to planning and regulatory frameworks.Read more

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Residents in Bhubaneswar demand action against developer for road and area encroachment

22 Feb 2026

Residents of Bhubaneswar's GGP Colony have raised complaints that a developer is encroaching on a common road and parts of the residential complex for a new construction project. Heavy vehicles and unauthorised commercial use of common areas have reduced parking and disrupted daily life. Despite inspection reports and favourable orders from ORERA and an ODA court, residents say authorities have not acted on the ground. Their letters to the state housing department were forwarded to civic agencies, but enforcement remains slow, highlighting the need for stricter monitoring of encroachments in the city.Read more

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Strong bidder response for NHAI's Bhubaneswar ring road project

19 Feb 2026

The National Highways Authority of India has received strong bidder participation for the 111-km, six-lane Capital Region Ring Road planned around Bhubaneswar. A total of 64 bids were submitted across three construction packages under the Hybrid Annuity Mode, indicating solid interest from infrastructure developers. The project, estimated to cost INR 8,307 crore, has most land acquisition and statutory clearances already in place, allowing NHAI to move towards awarding contracts and starting construction as scheduled.Read more

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Controversial approval of building plan for slated demolition site in Bhubaneswar draws public ire

15 Feb 2026

The Bhubaneswar Development Authority (BDA) has come under sharp criticism after it approved a building plan for a structure that was previously marked for demolition, prompting public outrage and demands for accountability. Local activists and residents said the decision raised questions about transparency and administrative oversight in the city's land-use planning processes. Critics highlighted broader concerns over illegal and unauthorised structures in Bhubaneswar, noting that a large number of constructions have been identified without proper approval, while enforcement actions have been uneven. Urban governance experts linked the controversy to longstanding issues of building plan regulation and planning authority coordination. The authorities are now facing calls to review the approval process and ensure stricter adherence to planning norms amid ongoing challenges in controlling unauthorised development in the Odisha capital.Read more

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Bhubaneswar Municipal Corporation revives cycling tracks to boost sustainable urban mobility

25 Jan 2026

The Bhubaneswar Municipal Corporation (BMC) has launched a renewed effort to enhance sustainable urban mobility by reviving designated cycling tracks across the city and improving infrastructure for non-motorised transport. The initiative comes as part of a broader push to promote eco-friendly commuting, reduce traffic congestion and encourage healthier lifestyles among residents. The civic body, in collaboration with Smart City officials and partners, plans to repair and expand existing cycle paths, install proper signage and safety features, and develop a more cyclist-friendly environment. This move also includes plans to rejuvenate the city's bicycle-sharing services, which had lost momentum in recent years, and to survey requirements for additional footpaths and lane networks.Read more

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Bhubaneswar civic body to collect INR 72 crore in holding tax from IDCO land

24 Jan 2026

The Bhubaneswar Municipal Corporation (BMC) plans to collect around INR 72 crore in holding tax from buildings on land owned by the Odisha Industrial Infrastructure Development Corporation (IDCO) in the current fiscal year. The collection, beginning in early February, follows government approval last year to levy tax on these previously exempt properties. Educational institutions account for nearly INR 32 crore of the total dues. BMC calculates holding tax based on land value and building cost, while past compliance drives and resident welfare associations have supported the civic body's efforts to improve tax collections.Read more

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Bhubaneswar plans major upgrade of traffic signals to enhance urban mobility

19 Jan 2026

Bhubaneswar is set to modernize its traffic signal infrastructure as part of a major push to improve urban mobility and reduce congestion in the rapidly expanding city. The proposal, spearheaded by the municipal corporation in coordination with the traffic police, calls for the installation of adaptive traffic signal systems, upgraded controllers, and real-time monitoring capabilities at key intersections. The move aims to reduce travel times, improve road safety and better manage peak-hour traffic flows through intelligent signal timing adjustments based on live conditions. The project also includes enhanced pedestrian facilities, upgraded signage, and integration with the city's broader transport management systems. By adopting next-generation traffic signal technology, Bhubaneswar expects to support sustainable urban transport and create smoother, safer commutes for residents.Read more

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Construction work banned in Bhubaneswar-Cuttack from 6 PM to 10 AM to curb pollution

11 Jan 2026

The Bhubaneswar-Cuttack urban region has introduced strict construction time restrictions to tackle worsening air pollution, banning all construction activity from 6 PM to 10 AM. The decision aims to reduce dust generation and related particulate pollution during peak night and early-morning hours when air quality tends to deteriorate. Daytime work will be allowed during the prescribed hours with enforcement measures in place, and authorities have warned of penalties for violations. The ban applies to all building and infrastructure works, with exemptions only for essential emergency services. The move reflects growing concern over air quality in the twin cities and is part of a broader set of pollution control measures designed to protect public health and ensure cleaner urban living conditions.Read more

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Bhubaneswar flyover to undergo road safety audit amid pedestrian risks

01 Jan 2026

The Odisha government has ordered an urgent road safety audit of the Janpath-Cuttack Road flyover in Bhubaneswar, following repeated accidents along this busy corridor. Transport officials will evaluate risks for pedestrians, including the visually impaired, and suggest both immediate and long-term safety improvements. Temporary measures like speed restriction signs, marked crossings, and improved night lighting are already being implemented. The audit will follow Indian Road Congress guidelines to examine footpaths, crossings, signage, and traffic calming measures, aligning with Odisha's wider push to enhance urban road safety and protect vulnerable commuters.Read more

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Bhubaneswar civic body set to expand limits to include nearby villages under its jurisdiction

14 Nov 2025

The Bhubaneswar Municipal Corporation (BMC) has advanced its proposal to expand the city's limits by incorporating 72 nearby revenue villages into its administrative boundary. The move follows the receipt of consent from these village communities and aims to improve civic governance, streamline urban services, and facilitate long-term development planning in the city's peripheral areas. The expansion will increase the BMC's existing zones from three to six and enable better delivery of essential services such as sanitation, water supply, and waste management.Read more

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Bhubaneswar to host 84th Indian Roads Congress from November 7

27 Oct 2025

The 84th Annual Session of the Indian Roads Congress (IRC) is set to be held at Janata Maidan in Bhubaneswar, Odisha, bringing together around 3,500 delegates, including engineers, technical experts, and other stakeholders from across India. Union Minister for Road Transport and Highways, Shri Nitin Gadkari, will inaugurate the four-day event, which Odisha is hosting for the sixth time. The conference will include technical exhibitions showcasing new developments in road infrastructure, innovative solutions, and cultural programmes, serving as a key platform for knowledge sharing and discussion on transport infrastructure.Read more

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Bhubaneswar implements action plan to reclaim 498 acres of encroached land

26 Sep 2025

Bhubaneswar has rolled out a detailed action plan to address the encroachment of around 498 acres of government land across the city. Chief Minister Shri Mohan Charan Majhi revealed that Jaydev Vihar tops the list with 148 acres affected. The government has formed a Central Enforcement Monitoring Committee (CEMC) and is filing cases under the Odisha Public Premises (Eviction of Unauthorised Occupants) Act. Over 11,000 encroachment cases have been registered, impacting key areas including Chandrasekharpur, Jagamara, Dumduma, and BJB Nagar. Eviction drives are ongoing to restore land for public use.Read more

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Bhubaneswar pilot to help PMAY beneficiaries access housing loans

12 Sep 2025

Bhubaneswar Municipal Corporation has partnered with a private sector bank to provide support to urban poor beneficiaries under the Pradhan Mantri Awas Yojana (Urban) 2.0. The collaboration aims to simplify banking processes and guide individuals in arranging their equity contribution. A pilot involving 600 beneficiaries has been rolled out, with each required to contribute an average of around USD 1,500 under the 40:40:20 cost-sharing model.Read more

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Bhubaneswar Development Authority holds housing lottery for slum-dwellers

04 Aug 2025

Bhubaneswar Development Authority conducted a transparent draw to allocate flats to urban poor under Affordable Housing Projects and in-situ slum redevelopment schemes. A total of 38 beneficiaries were assigned units across multiple sites, each required to contribute a specified beneficiary share. The Vice-Chairman reaffirmed the authority's focus on inclusive urban development and emphasised that infrastructure and basic services are integral to the housing effort. The initiative reflects a continuing commitment to relocate slum-dwellers into formal dwellings and enhance living conditions citywide.Read more

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Bhubaneswar civic body urges property owners to transfer internal roads for development

04 Aug 2025

The Bhubaneswar Municipal Corporation has urged property owners to officially transfer internal roads built during plot development to the civic body. Many roads remain undocumented, stalling drainage and road works. Since taking over building approvals in 2020, officials found widespread non-compliance by developers. The mayor stressed that no further infrastructure work would proceed without these transfers. The Corporation also introduced mandatory ID cards for all staff after a security incident and invited ideas to boost revenue collection. Emphasising interdepartmental coordination, officials aim to clear administrative hurdles, speed up infrastructure rollout, and enhance transparency in service delivery across newly developed and existing city areas.Read more

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Odisha revamps land ownership and classification laws to simplify property governance

23 Jun 2025

The Odisha government is undertaking a comprehensive reform to simplify its outdated and overly complex land classification and ownership systems. With more than 7,000 land-use types and nearly 3,000 forms of land ownership rooted in colonial-era laws, the administration is now streamlining these into 27 use categories and a simplified set of ownership types. This initiative aims to bring transparency, legal clarity, and administrative efficiency. Additional reforms, including updated property conversion fees, new urban planning regulations, and legal safeguards for SC/ST land rights, complement this overhaul. The state is also repealing obsolete statutes and responding to recent judicial guidance on land titles.Read more

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Slum dwellers reluctant to accept affordable housing in Bhubaneswar's redevelopment zones

24 Nov 2023

Slum dwellers in Bhubaneswar are hesitant to move into the affordable housing projects, newly constructed for them in Chandrasekharpur and Saheed Nagar. BDA officials express the aim to provide quality housing for those affected by slum redevelopment. The apartments, with a built-up area of 300 to 320 square feet, are deemed too small for even a small family to live comfortably. Residents cite inadequate parking space, security, and the absence of service elevators as concerns. With the project ready for inauguration, and the allotment process set to commence in phases post-inauguration, it remains to be seen how things would proceed.Read more

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