Apartment Sale Deed Registrations Resume in Bhubaneswar After Two Years

26 Jun 2024 CW Team

In a significant development for the real estate sector, the registration of sale deeds for apartments in Bhubaneswar has resumed after a hiatus of two years. This decision is expected to rejuvenate the property market and facilitate transactions that were previously stalled.

The resumption comes as a relief to developers and homebuyers alike, as it signals a return to normalcy in property transactions within the city. The halt in registration had been a major concern for stakeholders, impacting the pace of real estate activities and causing uncertainties among buyers.

Authorities have attributed the resumption to improved administrative processes and the easing of bureaucratic hurdles that previously hindered the registration process. This move is likely to boost investor confidence and revive interest in the Bhubaneswar property market.

The recommencement of sale deed registrations is anticipated to have a cascading effect on the local economy, generating revenue for the government and creating employment opportunities across various sectors linked to real estate.

As stakeholders adjust to the renewed registration process, there is optimism about the sector's recovery and its ability to sustain growth momentum. The focus remains on smooth execution and transparency in property transactions to support sustained development in Bhubaneswar's real estate landscape.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..