Odisha Government Approves New City Development Project in Bhubaneswar

The Odisha State Cabinet has approved a "New City Development" scheme, an urban expansion project covering approximately 800 acres within the Bhubaneswar Development Plan Area.

The project aims to create 'modern, transit-oriented development', featuring diverse housing options for all income groups.

The state government claims the new city will include state-of-the-art MICE (meetings, incentives, conferences, exhibitions) facilities, innovation hubs, data management centers, and extensive green spaces.

An MoU to this end was signed between the Bhubaneswar Development Authority and Singapore's Surbana Jurong Infrastructure (SJI) Private Ltd on January 17, 2025. SJI will provide consultancy services for master planning and urban infrastructure development.

The project requires a total investment of Rs 8,179 crore over 15 years, with an initial allocation of Rs 1,342 crore proposed for the first five years (2025-30) from the state budget.