General questions
- RERA Registration Certificate
- Sale Agreement & Allotment Letter
- Approved Building Plan & Layout
- Land Ownership Records / Title Deed
- Completion Certificate (if ready-to-move)
- Encumbrance Certificate
Yes, investing in Tier-II cities like Bhubaneswar, Cuttack, and other growing urban hubs in Odisha is considered highly viable. These cities are witnessing rapid infrastructure development, expansion of IT/industrial hubs, improved connectivity, and government-backed Smart City projects. Compared to Tier-I cities, property prices are more affordable, offering higher appreciation potential and better rental yields.
- GST
- Stamp Duty & Registration Charges
- Maintenance Charges / Corpus Fund
The city offers 4–6% rental yield, especially in IT and educational zones like Patia, Khandagiri, Hanspal and Kalinga Nagar. With rising student and professional inflow, demand for rentals is strong.
A leasehold property is one where you purchase the right to use the property for a specific period of time (say 30, 60, or 99 years), but the land itself remains owned by the government or original owner. After the lease period ends, ownership of the property returns to the landowner unless the lease is renewed.
A freehold property means the buyer has complete ownership for an unlimited period. The owner has full rights to sell, transfer, or inherit the property without needing approval from any authority (subject to local laws).
- Identity Proof – Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License
- Address Proof – Aadhaar, Utility Bills, Passport, Rent Agreement, etc.
- Income Proof
- For Salaried: Salary slips (last 3–6 months), Form 16, Bank statements
- For Self-Employed: IT returns (last 2–3 years), Business license, Profit & Loss statements, Bank statements
- Property Documents – Agreement to Sell, Sale Deed, Title Deed, Approved Building Plan, Allotment Letter
- Photographs – Passport-sized photographs of the applicant(s)
- Carpet Area: Usable area inside walls
- Built-up Area: Carpet area + Walls & Balcony
Non-Resident Indians (NRIs) are allowed to buy both residential and commercial properties in Odisha under the Foreign Exchange Management Act (FEMA). However, agricultural land, plantation property, and farmhouses are restricted. Developers often assist NRIs with online booking, home loans, and remote documentation.
Yes, under Pradhan Mantri Awas Yojana (PMAY), eligible first-time buyers can avail subsidy benefits. Stamp duty concessions are also provided for women buyers.
