Archive · 2 Aug 2025
Odisha Governor Encourages Real Estate Investment in Tier 2 & 3 Cities
The Governor of Odisha is encouraging real estate companies to build in smaller cities.
He thinks this will help these cities grow in a balanced way.
He wants the companies to be fair to customers and build houses that are good for the environment.
The real estate industry is important to India's economy, creating jobs and contributing to the country's wealth.
Odisha Governor urges real estate developers to invest in tier 2 and 3 cities.
The Governor highlighted the potential of cities like Bhubaneswar and Rourkela.
The Governor called for ethical business practices and customer-centric models.
Credai's EGM was held in Odisha, focusing on real estate and sustainable urban development.
Credai highlighted real estate's contribution to India's GDP and employment.
- Who
- Odisha Governor, real estate developers, and Credai.
- What
- Odisha Governor's call for real estate investment in tier 2 and 3 cities.
- When
- Addressed at an Extraordinary General Meeting (EGM) of Credai.
- Where
- Odisha, focusing on cities like Bhubaneswar and Rourkela.
- Why
- For balanced urbanization and sustainable development.
- Event
- Credai's EGM
- Location
- Odisha
- Focus
- Real estate investment
- GDP Contribution
- 8.4%
- Employment
- Second largest generator
