Archive · 4 Aug 2025
Odisha Governor Urges Investment in Tier 2/3 Cities
The Odisha Governor wants real estate developers to build in smaller cities for balanced growth.
He also wants them to be trustworthy and focus on the customer.
Odisha is growing quickly, especially cities like Bhubaneswar.
A big meeting of real estate developers discussed the future of building and investing.
The real estate business helps India's economy a lot, providing many jobs.
The governor believes that by investing in tier 2 and 3 cities, the region can grow sustainably.
Odisha Governor Hari Babu Kambhampati urged real estate developers to invest in Tier II and III cities.
He emphasized ethical business practices and customer-centric models for building trust.
The Governor highlighted Odisha's potential as an Eastern India growth engine.
CREDAI's EGM discussed real estate's future, investment prospects, and sustainable urban development.
Real estate currently contributes 8.4% to India's GDP and is the second-largest employment generator.
- Who
- Odisha Governor Hari Babu Kambhampati and real estate developers.
- What
- Odisha Governor called on real estate developers to invest in Tier-2 and Tier-3 cities.
- When
- The Governor spoke at an Extraordinary General Meeting (EGM) on Friday.
- Where
- Bhubaneswar, Odisha.
- Why
- For balanced urbanization and sustainable development.
- Governor
- Hari Babu Kambhampati
- Focus
- Tier-2 & Tier-3 cities investment
- Event
- CREDAI EGM
- GDP Contribution
- 8.4%
- Employment Rank
- 2nd