Bhubaneswar

Bhubaneswar, the capital of Orissa, is located on the east coast of India. In ancient times, it was the capital of the fabled land of Kalinga. Bhubaneswar is subdivided into several townships and housings, with the nine units lying west of the city's arterial road emerging as the commercial districts of the twenty-first century.

Its rich history apart, the city is today home to a thriving centre for commerce as well as religious activity. In recent years, the IT boom has come to town and major IT players such as Infosys, Wipro, TCS & Satyam have all entered the city in a big way.

Bhubaneswar has been in the experiencing a major boom in infrastructural development - from telecom and power to construction, facility management, transportation, catering as well as other services.

With over 18,000 engineering, MCA as well as MBA graduates passing out every year, Bhubaneswar has also emerged as a hot destination for education in India.

Increasing Investment
Bhubaneswar has in the last few years experienced an unprecedented spurt in FDI and domestic investment in diverse sectors ranging from IT & Steel to mining and

Turning commercial
Residential areas developing into commercial, is the primary feature of the property market in Bhubaneswar. Areas such as Shahid Nagar, Satya Nagar and Bapuji Nagar all have changed their nature from being residential areas into commercial zones. A mass of hotels, malls, as well as department stores, and coaching institutes jostle for space in these localities.

Development
Successive governments of Orissa have taken proactive steps to hasten the onset of development in Bhubaneswar. The current government has under the Orissa Technology Mission put forth a proposal to making a complete development plan for this Capital Region. Bhubaneswar is also a signatory to a MoU with ICLEI - Local Government for Sustainability, pledging to become a Model Community under "Local Renewables Model Community Network"