Showing posts with label apartments in Berhampur. Show all posts
Showing posts with label apartments in Berhampur. Show all posts

Friday, 28 September 2012

Phase-1 of Gopalpur Port to be completed by March 2013



Cargo-handling capacity pegged at 3.5 million tonne with construction of one berth initially

The first phase of Gopalpur port being developed by Gopalpur Port Ltd is likely to be completed by March, 2013, an official said. "The work is under progress and all efforts are being made to begin cargo handling by March 30, 2013," one of the directors of GPL M M Moharana said. 
The cargo-handling capacity would be around 3.5 million tonne with the construction of one berth initially, he said. GPL will construct three berths -- coal, iron and multipurpose in the same year, he added. Besides the port work, other supporting infrastructure like power distribution system, railway and road connectivity are under process to meet the deadline, he said. 
He, however, said construction was hampered due to agitation by some people. "We are trying our best to meet their demands. We have decided to involve some prominent persons of the area, including local MLAs (Gopalpur and Chhatrapur and MP from Berhampur) to sort out their problem," Moharana said. The company director said the Gopalpur Port Dock Workers' Union affiliated to the Indian National Trade Union Congress (INTUC) threatened to launch an agitation following injury of a worker allegedly due to attack by the GPL officials. 
Company officials, however, claimed that the attacker was not an employee of the Gopalpur Port Ltd. GPL was awarded the project for the development of an all weather port by the state government with an investment of around Rs 1,700 crore in 2008. "We have already invested around Rs 320 crore so far in the port project," Mohrana said.
Source: Business Standard

Thursday, 30 June 2011

Unprecedented real-estate boom in silk city Berhampur

Berhampur city is witnessing a massive real estate boom like never before. While mega residential projects are being announced almost on a regular basis, even real-estate investors from various others cities like Bhubaneswar, Vizag, Surat and Mumbai are flocking in large numbers to make the most of this huge demand for residential apartments in Berhampur city. 
Estimates say that more than hundred mega residential apartments are under construction in and around the city.
One real estate watcher observed that investment of this magnitude is unprecedented in this southern city, and for that matter in a state like Orissa, and can only be compared with the State capital, which witnessed a similar trend in the recent past.
The massive real estate boom in Berhampur can be attributed to the huge migration of people from the interior pockets of Ganjam, South Orissa, Coastal Orissa and neighboring districts of Andhra Pradesh in search of better livelihood opportunities and for its education, trade and transport base.
Infact, one real estate agency of Berhampur city pointed that the skyrocketing housing prices in the state capital which has become almost unaffordable for the middle class has led to this housing boom in Berhampur as the going property prices here are considerably lesser than BhubaneswarThe city is also well connected with other parts of the country and much cheaper cost of living than the state capital. 


The construction boom in the city is likely to change the landscape of Greater Berhampur Region in the years to come with many projects lined up in the city outskirts and especially in areas like Ambapua, Khodasingi, Gosaninuagaon, Narendrapur, Mandiapalli, Rangeilunda, Haldiapadar, Konisi, Gopalpur and Chatrapur.
Non-resident Oriyas have become the biggest investors and drivers of this real estate boom, said a veteran of the city who has seen it growing over the past decades.