Real Estate and Infra Projects

One of the most well-known industries on a worldwide scale is real estate. Housing, retail, hospitality and commercial are its four subsectors. The expansion of the business environment and consequently, the demand for office space as well as urban and semi-urban houses/flats are good complements to the growth of this industry. As per a report by a real estate consultant-CBRE, the leasing activity in India's industrial and logistics sector grew by 8% year-on-year (YoY) to touch 31.6 million square feet in 2022. Indian real-estate investment grew by 32% to an all-time high of US$ 7.8 billion in 2022.

Real Estate Market in Bhubaneswar: After relative stagnation for around five years from 2015 to 2020, real estate sector in Bhubaneswar is beaming with activities. This was facilitated due to the relaxation of Floor Area Ratio (FAR) or the maximum permissible area that can be utilized for construction on a plot from to 7 (Seven) from 2.75 earlier. Secondly, Odisha natives working outside the State and Country are increasingly looking for a house closure to Bhubaneswar, especially after the pandemic.

AAPEC is committed to provide value addition across Residential, Commercial and Retail developments. The company is currently present in Bhubaneswar, Cuttack and Khurda. APPEC is committed to provide customer delight at every touch point through design innovation and operational excellence. The business has embraced the power of digitization and new technologies into its core strategy for growth. The in-house capabilities that include Design, Sales and Marketing, Finance, Construction, Project Management and Consultancy are our key differentiators. We uphold the well-being of the community and the environment as an important way to build our trust with customers, employees and the society at large.

APPEC shall deliver the followings:
a. Providing affordable individual land patches, Duplex, Flats in the State of Odisha.
b. Facilitating house owners and prospective tenants for getting solutions.
Current Projects under taken by AAPEC or its sister concern JPSIPL

1. SUNCITY PALACE, Madanpur (Construction by JPSIPL)

The Project is located at a walkable distance from Gohira chowk, NH 16 and surrounded by a big housing society, which is well connected to daily markets, Banks, Govt, schools, Engineering and MBA colleges. The corporates like INFOSYS and many IT companies are established in the INFO CITY-II and Govt. Projects like New CANCER HOSPITAL, RBI COLONY, RTO-2, Food Park and AIIMS, AMRI HOSPITAL, NISER, IIT, BHUBANESWAR are well connected to this location. The best advantage is that, this is a fast-growing residential area adjacent to the Bhubaneswar Municipality Corporation (BMC) area. Please feel free to call on my Mobile Number 9337680252