The Commercial hub Bhubaneswar

Since 1991 the Indian government has adopted the new economic policy of Liberalisation, Privatisation and Globalisation, commonly referred to as LPG. That is why we can expect an IBM in Bengaluru, an Accenture in Hyderabad, Sony in Chennai, JP Morgan Chase in Mumbai, Cococola in Bhubaneswar. If we observe carefully we can underline it is just not manufacturing but MNCs have crept into the Indian Territory in all fields, be it software, electronics, food and beverages, banking etc. Any segment you pick, getting a foreign brand calling shots is a very common thing. No doubt the capital rich foreign player enters into such an arrangement to reap benefits from its investment. However India or any particular state for that matter certainly stands to gain in various ways, the most important being enhanced employment opportunities. Odisha also had its share of MNCs.

India has come a long way from the reign of Mr.Narasimha Rao as the Prime Minister to the Narendra Modi’s ‘The Acche Din’ are expected to be experienced in a ‘Swacch Bharat’ which is going to adorn numerous ‘Smart Cities’. Bhubaneswar is surely going to one among those. That is so because unlike other states Odisha can brag of a stable local government in addition to a strong central one. Bhubaneswar being the capital city is the centre of most commercial activities .The quantum of such activities has experienced a sharp increase in the past decade and in the given scenario the business of doing business is going to get more rigorous. People have started coming out of the old mindset of simply looking for a job and have started being motivated to initiate entrepreneurial start up. 

Thus the commercial office space in Bhubaneswar is going to a major thing of demand by the local players as well the MNCs. The good news is the planned temple city has been able to foresee such a proposition. The commercial spaces constructed in a strategic location are loaded with all smart amenities for smooth functioning of an office. It may be noted that these facilities are available at a pretty decent price. In comparison to the national average, Bhubaneswar offers such facilities at a very affordable range. Expense being a major determinant of the cost benefit analysis of a business scenario, Bhubaneswar certainly seems to be quite attractive for the upcoming entrepreneurs who are have broken out of the stereotypes and are ready to make it big by doing things differently. The ‘Ease of doing business’ is scaling up as the availability of commercial office space for sale in Bhubaneswar is very uncomplicated and one can choose one from the myriad offerings. The Twin City tower is worth mentioning here as a model office space the city can boast of. It adorns all features of a resourceful commercial space which one can expect of. It offers a very strategic location along with ambience and facilities required for a collaborative work experience. One can definitely opt for an office space in ‘Twin City Tower’ without much deliberation for their successful business operations.

Bhubaneswar all set for the commercial growth

The temple city Bhubaneswar is breaking out of its traditional mould and all set to become a ‘smart’ one in true sense of the concept whether or not the status would be awarded to it. The commercial hub of the state supports a huge population, their livelihood and supports trade and commerce in all its corners. With the influx of major IT companies and steel conglomerates the provision for smart office spaces in Bhubaneswar have been a priority.

Usually the large corporate with long term vision go for construction of their own premises, for example the spectacular Indian Oil building on the Damana square. The numerous IT companies like Infosys, TCS, and Wipro etc have also opted to have their own building which can be treated as assets in their book of accounts. Thus the need for buying, renting or leasing of readymade commercial spaces arises in case of relatively smaller enterprises or companies which want to first check the business viability and then go for expansion. As the number of companies and enterprises falling under this category can be huge thus the question to be answered remains that: Is Bhubaneswar all set to provide the basic infrastructure requirement to address these demands?

Many reputed builders have visualized the need of the hour and contributed toward this requirement.

As projected by the experts the stretch between Bhubaneswar and Cuttack being referred to as Centre Point Corridor is witnessing construction of several such projects, allowing it to be dubbed as the hub of office space for sale in Bhubaneswar.

Here goes the list of commercial office space for sale in Bhubaneswar in this strategic location:

1) Grand Bazaar by Mani Tirumala Properties Ltd

2) Utkal Signature by Utkal Group                                                       

3) Symphony Mall by Trident Properties

4) Twin City Tower by Prabhukrupa Constructions

The Twin City Tower deserves special mention as it is suitably designed to meet the needs of smart office spaces for the impending growth of the capital city a simple glance at the website of this project would suffice the fact that it is a project to reckon if one is considering that location.