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New Delhi [India], March 13 (ANI/NewsVoir): The capital of Odisha, Bhubaneswar, is fast emerging as the hub of real-estate development in the east of the country, according to a recent report compiled by DN Homes, an Odisha-based real-estate group. With CM Naveen Pattnaik's special focus toward drawing investors attention through the Make in Odisha Conclave and with the state emerging as the sports capital by hosting the International Hockey World Cup consecutively, Odisha is marking its presence on the global map. Odisha's economy is one of the fastest growing economies in India with the state emerging as a hotspot for investment and a hub for building IT businesses. With a talent pool focused on steering the economic and business growth, the state is also a powerhouse in arts, culture, music, food and sports. To support the benchmark created by the state and contributing to the infrastructure and real estate sector of the state with several upcoming projects in the retail and hospitality segment DN Homes is contributing to the economic development of Bhubaneswar and Odisha at large. The survey by DN Homes highlights salient points that have contributed to the city becoming a property magnet. For instance, maximum buyers choose south Bhubaneswar, where a major government project, Infovalley, is coming up. The category of buyers are split into Bhubaneswar residents and working professionals who have migrated to the city, in a ratio of 50:50. Additionally, individual preferences as an asset class opt to purchase 3 BHK and 4 BHK properties over luxury alternatives such as 5 BHK, penthouses & villas. The study also demonstrates that by putting money in real estate, Bhubaneswar class are looking majorly at end use - in other words, new properties with amenities - rather than for the purposes of investment, like vacation homes etc. As proof of the growing spending power and expanding market, DN homes recorded an increase in sales by approximately 300% in the last five years in Bhubaneswar. Commenting on the findings of the survey, Nikhil Bajpai, VP - Business Development, DN Homes, said, "The fact that key indicators for the Bhubaneswar real estate market are positive, not only makes us proud of the city, but it also shows that any future growth in the real estate sector and increase in property values will be influenced by what is happening in India's Tier-I and Tier-II cities. In that sense, Bhubaneswar might be considered one of the trendsetters." DN Homes has been a trailblazer in this scarring growth in Bhubaneswar, which also confirms a recent trend, especially visible during and after the pandemic, of the smaller Tier-I and Tier-II cities outperforming the metros in the real-estate sector. Since its incorporation in 2003, DN Homes has risen to become one of Odisha's premier developers by adopting global standards in real estate and delivering cutting-edge solutions to customers. The company prides itself on a reputation for quality and innovation. DN Homes has constantly invested in upgrading technical expertise and hiring only top professionals in the field in order to achieve its goals. Having adopted a new corporate identity - DN Group - the company has now branched into several different verticals like education under Dasarathi Naik Trust for Excellence, hospitality and retail service under Lifeline Multi Ventures Private Limited and Luxurio Assets Private Limited, and infrastructure development under Dasarathi Naik & Engineers Private Limited. The company's premium education institute, The DN Wisdom Tree Global School has gained a reputation for being an institution with a unique infrastructure and curriculum that too within a short span of operations. Furthermore, the Group has collaborated with IHCL (Tata Group) to set up Hotel Vivanta at Patrapada, Bhubaneswar and with Marriott International for JW Marriott at Delta Square, Bhubaneswar. Interestingly, the DN Regalia Mall & Multiplex is in fact the first mall in the State of Odisha to be set up by a state-based company. Going forward the Group has ambitious plans of expansion not only in its core sectors of operation but in new and upcoming sectors as well. This story has been provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
OdishaOrissaIndiaBhubaneswarState-of-odishaNew-delhiDelhiNikhil-bajpaiNaveen-pattnaikDelta-squareTata-groupLuxurio-assets-privateBhubaneswar (Odisha) [India], March 3 (ANI/NewsVoir): Odisha's leading real estate company DN Homes is nearing the completion of its Fairytale project which was announced at a press conference held in the capital city of Bhubaneswar. A first-of-its-kind residential project, DN Fairytale is expected to be completed within the stipulated time, marking a major success for the Bhubaneshwar-based real estate company. What further highlights the success of DN Homes is that the company has managed to achieve this development pace despite the impact of the covid pandemic and Cyclone Fani. The journey of this project started three and a half years ago when DN Homes decided to develop a residential society in close proximity to the upcoming 730-acre Info Valley - one of the fastest-developing growth corridors in the state. Designed and constructed in record time, DN Fairytale is a unique residential complex offering both 2BHK and 3BHK apartments in various carpet sizes along with one commercial complex to suit the needs of the customers. DN Homes is expected to start offering possession in the coming months, given the fact that 90 per cent of the apartments at DN Fairytale have already been booked by the buyers. This project will fulfill the needs of the people who will be working under different corporate, IT sector, cancer hospital, super specialty hospital, sports complex etc. and play a major role in successful operation of Infovalley. DN Fairytale is in fact the only residential project in the state that launched in 2019 just before covid and is now nearing completion. And being Odisha's first-ever theme-based township, DN Fairytale will offer children-centric homes with around 75 percent open area. Moreover, it has been designed to offer a premium lifestyle to its residents with 54 amenities including a dedicated clubhouse, swimming pool, kids' school, fish pond, amphitheater, jogging track, 3-tier security system, a dedicated kids' play area, and an interactive center for senior citizens. And to top it all the project will offer unmatched connectivity to various city markets, the airport, the railway station, and recreational centers. Its location is well connected with NH-16 and will thereby provide good access to educational institutions, health care, public facilities, etc. Speaking to the press, Nikhil Bajpai, Vice President, Sales & Marketing-DN Homes said, "DN Fairytale is one of our flagship residential projects and the same reflects in the way it has been developed. Our commitment from day one has been to serve the needs of our consumers and provide them with timely possession of their dream homes. I would also like to thank all our partners and stakeholders who helped us in achieving this success in record time." "The project is expected to deliver high-value appreciation since its inception. The group is helping enable Odisha's growth story by acting as an aggregator of luxury real estate and providing end-to-end solutions to homebuyers. Given how fast Tier 2 and 3 markets turn into hotbeds for real estate investment, their role in Odisha's economic growth is expected to become even more prominent," added Shyam Sundar Padhy, Executive Vice President DN Homes. The DN Group has always been a trailblazer in concepts, designs, etc. across sectors. The conglomerate has not only fastened the economic growth in the eastern periphery by delivering world-class projects ahead of time. But has also advanced the development of Bhubaneswar real estate. Since its incorporation in 2003, DN Homes has risen to become one of Odisha's premier developers by adopting global standards in real estate and delivering cutting-edge solutions to customers. The company prides itself on a reputation for quality and innovation. DN Homes has constantly invested in upgrading technical expertise and hiring only top professionals in the field in order to achieve its goals. Having adopted a new corporate identity - DN Group - the company has now branched into several different verticals like education under Dasarathi Naik Trust for Excellence, hospitality and retail service under Lifeline Multi Ventures Private Limited and Luxurio Assets Private Limited, and infrastructure development under Dasarathi Naik & Engineers Private Limited. The company's premium education institute, The DN Wisdom Tree Global School has gained a reputation for being an institution with a unique infrastructure and curriculum that too within a short span of operations. Furthermore, the Group has collaborated with IHCL (Tata Group) to set up Hotel Vivanta at Patrapada, Bhubaneswar and with Marriott International for JW Marriott at Delta Square, Bhubaneswar. Interestingly, the DN Regalia Mall & Multiplex is in fact the first mall in the State of Odisha to be set up by a state-based company. Going forward the Group has ambitious plans of expansion not only in its core sectors of operation but in new and upcoming sectors as well. This story has been provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
Shyam-sundar-padhyBhubaneswar-odishaDelta-squareNikhil-bajpaiMarriott-internationalLuxurio-assets-privateLifeline-multi-ventures-privateHotel-vivanta-at-patrapadaDasarathi-naik-trust-for-excellenceTata-groupDn-wisdom-tree-global-schoolAdn-groupBhubaneshwar (Odisha) [India], April 4 (ANI/NewsVoir): DN Homes, Odisha's leading real estate company, has once again proven its excellence in the industry by winning big at the 15th Realty+ Excellence Awards 2023, East. The event was held on March 28, 2023, at JW Marriott Hotel, Kolkata, and was attended by the who's who of the real estate industry. DN Homes was recognized for its outstanding contribution to the real estate sector and was awarded in multiple categories. The DN Fairytale project won the 'Themed Project of the Year' category while DN Pallaciya won to be the best in the 'Innovative Marketing Concept' category. The awards were handed over to Nikhil Bajpai, Vice President, Sales & Marketing - DN Homes and Vilas Kulkarni, President - Sales & Marketing- DN Homes at the award function. Nikhil Bajpai, Vice President, Sales & Marketing - DN Homes on winning the awards said, "We are super excited to be elected the best in two very important award categories. DN Homes always believes in giving the very best to home buyers and with Odisha becoming a home to business and professionals from across the country, projects like these set a new benchmark for Odisha's real estate sector. At DN Homes, we believe in creating homes that not only provide comfort and luxury but also contribute to the overall well-being of our customers. These awards are a recognition of our efforts and motivate us to continue on this path." DN Homes has always been at the forefront of the real estate industry, and these awards are a testament to its commitment to excellence. The company has set new benchmarks in the industry and has become a symbol of quality, trust, and innovation. With its exceptional projects, DN Homes has earned the trust of its customers and has become a preferred choice for homebuyers in the region. Since its incorporation in 2003, DN Homes has risen to become one of Odisha's premier developers by adopting global standards in real estate and delivering cutting-edge solutions to customers. The company prides itself on a reputation for quality and innovation. DN Homes has constantly invested in upgrading technical expertise and hiring only top professionals in the field in order to achieve its goals. Having adopted a new corporate identity - DN Group - the company has now branched into several different verticals like education under Dasarathi Naik Trust for Excellence, hospitality and retail service under Lifeline Multi Ventures Private Limited and Luxurio Assets Private Limited, and infrastructure development under Dasarathi Naik & Engineers Private Limited. The company's premium education institute, The DN Wisdom Tree Global School has gained a reputation for being an institution with a unique infrastructure and curriculum that too within a short span of operations. Furthermore, the Group has collaborated with IHCL (Tata Group) to set up Hotel Vivanta at Patrapada, Bhubaneswar and with Marriott International for JW Marriott at Delta Square, Bhubaneswar. Interestingly, the DN Regalia Mall & Multiplex is in fact the first mall in the State of Odisha to be set up by a state-based company. Going forward the Group has ambitious plans of expansion not only in its core sectors of operation but in new and upcoming sectors as well. This story has been provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
KolkataWest-bengalIndiaBhubaneswarOrissaState-of-odishaNikhil-bajpaiVilas-kulkarniDelta-squareBhubaneshwar-odishaTata-groupJw-marriott-hotel