BHUBANESWAR: Oriom Group, a versatile industrial conglomerate based in Odisha, has made its foray into the real estate market with the introduction of Oriom Realty, a new division dedicated to the development of residential, retail, commercial, hospitality, and mixed-use projects throughout the state.
During the launch of this new division, company representatives highlighted that the initial emphasis will be on Bhubaneswar and other rapidly developing areas.
With its headquarters in Bhubaneswar and roots traced back to Jharsuguda, Oriom Group has marked 21 years of operation, engaging in sectors such as steel and power, specialty chemicals, and refractories. The group boasts a workforce exceeding 3,000 employees and manages various industrial facilities across eastern India.
Rajesh Agrawal, the founder and director of Oriom Group, expressed that the company’s entry into real estate is a logical step following over twenty years of constructing industrial assets.
Director Deepak Agrawal noted that their understanding of Odisha’s industrial landscape equips them with insights into the evolving demands of the region. He stated, “The state is entering its next defining growth cycle where industrial development will naturally create demand for modern cities, vibrant communities and quality real estate.”
Additionally, Director Anil Kedia mentioned that the group intends to utilize its engineering expertise, financial prudence, and project management skills honed through its industrial ventures as it ventures into the real estate sector in Odisha.
