Why Investing in Real Estate in Hanspal, Bhubaneswar Makes Sense
1. Optimal Connectivity & Strategic Location
- Excellent road access: Hanspal benefits from being located along the Chennai–Kolkata Highway (NH-16), offering seamless connectivity within Bhubaneswar and to nearby regions such as Cuttack.
- Infrastructure in progress: A flyover is under construction to ease congestion, which should further enhance mobility and accessibility in the area.
2. Affordability with Good Appreciation Potential
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- Reasonable pricing: Property rates in Hanspal hover between ₹4,700 and ₹6,500 per sq ft, positioning it as an affordable growth zone.
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- Healthy appreciation trend: From 2015 to 2025, property prices in Hanspal have witnessed an overall appreciation of around 48%.
3. Well-Developed Community & Living Infrastructure
- Education options: Schools such Mother’s Public School, Prabhujee English Medium School, Narayana School, Royal Public School are easily accessible.
- Healthcare at hand: Multiple hospitals including SUM Hospital Campus-II, Hi-Tech Hospital & Medical College, Blue Wheel Hospital, HCG Panda Cancer Hospital & Sparsh Hospitals & Critical Care are located nearby.
- Retail & Dining convenience: Shopping options range from malls like Symphony Mall, V2 Value & Variety, Nexus Esplanade One Mall & Vishal Mega Mart to dining spots like Pal Heights Mantra, Kake Da Minar, Chancellor and many more.
4. Natural & Social Environment
- Scenic surroundings: The Puri canal adds aesthetic and environmental value to Hanspal, creating a pleasing backdrop for residents.
- Calm yet emerging: Many users review Hanspal favourably, praising its balance of nature, tranquillity and emerging lifestyle options.
Bottom Line
Investing in Hanspal, Bhubaneswar, offers a compelling blend of affordability, infrastructure growth, and community amenities. With its strategic position between Bhubaneswar and Cuttack plus continuous development Hanspal stands out as a worthwhile real estate opportunity.
