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OSHB invites bids for two residential complexes in Bhubaneshwar

Saturday, 14 Nov 2009
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The Orissa State Housing Board (OSHB) plans to develop two integrated residential complexes in Bhubaneshwar, Orissa on PPP mode.

OSHB has therefore invited two proposals from prospective companies for developing the complexes. For this purpose, the board has acquired 18.189 acre (Tender) and 4.650 acre (Tender) at Patrapada and Ranasinghpur respectively.

The developer is to develop 85 per cent space as residential and the balance 15 per cent as commercial space. Around 20 per cent of the housing units are to be earmarked for LIG and EWS category.

The selected developer's scope of work envisages design, planning, financing, construction, marketing, operation and maintenance of the projects.  

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