Odisha plans satellite town for Bhubaneswar

The Odisha government is planning to develop a satellite township called South City on a 1,200-acre land in the south-west corridor of the state capital under such a town planning scheme.

As per the plan, all land-owners who own 30 square metre or more land will contribute 40 per cent of their land for common use. They will retain the remaining 60 per cent with them.

The State government would use part of the 40 per cent land to create common amenities such as roads, drains, parks and sports infrastructure. It will monetise part of the land by offering it to private parties for commercial exploitation such as opening a multiplex or starting a hospital.

Once this happens, cost of the land retained by the owners will appreciate much beyond their 40 per cent contribution.