The Real Estate Sector

Real estate sector is one of the most globally recognized sectors. It comprises of four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth in the corporate environment and the demand for office space as well as urban and semi-urban accommodations. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy.

In India, the real estate sector is the second-highest employment generator, after the agriculture sector. It is also expected that this sector will incur more non-resident Indian (NRI) investment, both in the short term and the long term. Bengaluru is expected to be the most favoured property investment destination for NRIs, followed by Ahmedabad, Pune, Chennai, Goa, Delhi and Dehradun.

Growth of real estate

Indian real estate sector has witnessed high growth in the recent times with rise in demand for office as well as residential spaces. According to Colliers India, a property consultant, institutional investments in the Indian real estate sector are expected to increase by 4% to reach Rs. 36,500 crore (US$ 5 billion) in 2021, driven by rising interest of investors towards capturing attractive valuations amid the pandemic. According to a recent report by Colliers India, private equity investments in Indian real estate reached US$ 2.9 billion in the first half of 2021, which was a >2x increase from the first half in 2020. Government of India along with the governments of respective States has taken several initiatives to encourage development in the sector. The Smart City Project, with a plan to build 100 smart cities, is a prime opportunity for real estate companies

Let's look 3 Real Estate Consultants and Property Dealers in Odisha

Radha Govind Future Solutions Private Limited

The company was founded by Mr. Pramod Kumar Mohanty and Mr. Subham Mohanty.  This Real Estate Property Development company based in Eastern India. Established in 2017, the company has shown a steady growth YoY. They believe in providing the modern and best services to ghroy customers. Their dedicated team uses modern tools and techniques to provide maximum comfort to our customers. Also their experienced team focuses on providing the best possible construction quality at the given price point. The vision of the company is to develop quality properties, equipped with modern technologies and concepts. They always bring Trust, Quality and Efficiency into their business. 


Orimark Properties

Orimark Properties is synonymous with Value, Transparency & Trust as rightly encapsulated in its tagline ‘Built on Trust’. The emphasis is on creation of long-term customer relationships and not just stand-alone transactions. For 30 years, millions of property seekers have turned to them to find their perfect property as it offers not just a comprehensive list of residential and commercial properties but also all the information and tools necessary to make informed real estate decisions. Orimark Properties, the pioneer of real estate advisory & Consultancy Company in Odisha, is a RERA registered real estate organization. 


Myspace Realty

They are one of the leading Real Estate consultants in India. They are based in Odisha. Their team has taken the firm at newer heights, with its dedicated approach and its crave to be the best in the real estate Bhubaneswar. They have committed and enthusiastic professionals working on different departments with exceptional skills and qualities. Mainly segregated in Marketing, Sales, RC and Technology, My Space Realty is empowered with different activities that take place on regular basis to serve the clients in best possible manner. Adopting innovative technologies and quality in services, their teammates stay updated of every possible factor, which is significant in terms of real estate.

Website - Myspace Realty


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