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BDA scouts for external funding for New City project
The New Indian Express Bhubaneswar
|April 19, 2025
The Bhubaneswar Development Authority (BDA) has started exploring external funding options for the New City project on the outskirts of the state capital, which will require investment of around ₹8,200 crore.
The project has been planned in Daspur and Gothapatana mouzas of the city on around 400 hectare land where government agencies have ownership of more than 95 per cent land parcels. BDA sources said as per their estimation, the proposed project will require investment of ₹8,179 crore, of which ₹6,079 crore has been pegged for built-up space and another ₹2,100 crore for infrastructure.
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The New Indian Express Bhubaneswar
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