The Real Estate in Bhubaneswar scene has seen considerable rise in demand. This is due to the expanding city population and the rising disposable incomes of Bhubaneswar's denizens. The price of land has been northward for the last few years. In some areas of the city, the price of Real Estate in Bhubaneswar has risen by a staggering 300 per cent! The price of an average apartment has risen by 100 per cent in the last 5 years.
The boom in Real Estate in Bhubaneswar is due to the increased investments coming into Orissa state. Bhubaneswar being the capital of Orissa captures the king's share of the investments.