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Returning to Odisha: where should you build your home in the next five years?
If you are Odia and working in Bengaluru, Hyderabad, Pune, the Gulf or the United States, you have watched Bhubaneswar change from a distance. This is a practical guide to buying land back home: what the law lets you buy, how to do it without flying back every month, and why we think a plot on the Puri highway is the right blank canvas.
By Acestate BuildersPublished 13 November 2026Legal points checked against RBI, Income Tax and Odisha government sources listed at the end
The city you left is not the city that is there now
Bhubaneswar topped the first list of twenty Smart Cities in January 2016 and placed second among smaller cities in the 2020 Ease of Living index. Software exports routed through STPI Bhubaneswar reached ₹3,840 crore in 2024-25, and Odisha's total software and electronics exports crossed ₹12,900 crore in 2023-24, nearly three times the 2019-20 figure. The state's E&IT department counted more than 300 IT companies and about 35,000 jobs across Bhubaneswar, Jatni and Khordha in 2025.
The institutions you may have left to study elsewhere now sit here: IIT Bhubaneswar, NISER, AIIMS, IIIT, XIM University, KIIT and SOA. At the Utkarsh Odisha conclave in January 2025 the state recorded investment intents of ₹16.73 lakh crore, with about ₹20,900 crore of that in IT and electronics. Intents are not factories, but the direction is clear.
Nobody knows exactly how many Odias live outside the state. The Ministry of External Affairs told Parliament in March 2025 that it does not keep state-wise diaspora data. What we do know is that the state has started courting you: a Directorate of Odisha Paribar for non-resident Odias was approved in 2023, and in January 2025 the Chief Minister announced a dedicated NRO policy at the Pravasi Bharatiya Divas held in Bhubaneswar.
Why a plot rather than a flat
Most people who return want something they could not have in a metro: space, a garden, a house their parents can live in on the ground floor, a design that is theirs. A flat gives you a floor plan someone else drew. A plot gives you the decision. It also carries no maintenance bill while you are abroad, and no society to argue with about a tenant.
The catch with plots has always been trust. Buying land you cannot see, in a tahasil you cannot visit, from a seller you have never met, is how diaspora money gets lost. So the rest of this article is about doing it safely.
What the law lets you buy
- Residential and commercial property: yes. Under the Foreign Exchange Management rules, an NRI or OCI can buy any immovable property in India except agricultural land, plantation property and farmhouses. Payment must go through banking channels, from an NRE, NRO or FCNR account or by inward remittance.
- Agricultural land: no. Under the Foreign Exchange Management rules an NRI cannot buy agricultural land, plantation property or a farmhouse. Check the land's recorded "kisam" in the record of rights and buy residential plots only.
- Tribal land: check the record. Section 22 of the same Act makes transfers by Scheduled Tribe landholders to others void without the Revenue Officer's permission, and the rule applies statewide, not only in the scheduled districts. Puri and Khordha are not scheduled areas, but the recorded tenant on the ROR should still be checked.
- Home loans: available. Banks and housing finance companies may lend to NRIs in rupees for residential property, repaid from NRE, NRO or FCNR accounts, rental income or a resident relative. Several public-sector banks offer specific NRI plot loans.
How to buy without flying back every month
- Check the land from your desk. The record of rights for any plot in Odisha is online at the Bhulekh portal. Search by district, tahasil and village, and you will see the khata, the plot number, the recorded tenant and the kisam. The encumbrance certificate can be applied for online through IGR Odisha.
- Check the project on ORERA. Any plotted project over 500 square metres or more than eight units must be registered with the Odisha Real Estate Regulatory Authority. Search the registered projects list at rera.odisha.gov.in and match the number against the brochure.
- Give a Power of Attorney. Sign it before the Indian consulate or a notary and have it apostilled, then stamp it in India within three months of its arrival. Odisha's registration offices accept a registered Power of Attorney with the attorney-holder's photo identity for execution of the sale deed. Give it to someone you trust; a parent or sibling is the usual choice.
- Register through the online system. IGR Odisha runs online slot booking, e-stamping and document submission, so the day at the sub-registrar's office is short and scheduled.
- Get the tax right. When buying from a resident seller for ₹50 lakh or more, the buyer deducts 1 per cent TDS and files Form 26QB. If the seller is themselves a non-resident, a different section applies and the buyer needs a TAN. A chartered accountant in Bhubaneswar will handle this in an afternoon.
Repatriation. Sale proceeds can be sent back abroad within the RBI's limits, currently up to two residential properties' proceeds through the NRE route, or up to USD 1 million a financial year from an NRO account. Keep the purchase paper trail from day one.
Where, then?
If you want a city flat, the established addresses in north Bhubaneswar will serve, at the prices they now command. If you want land to build on, we would point you south, to the Bhubaneswar–Puri highway. The reasons are in our other posts on the regional plan and the highway. In short: the four-lane road is there now, its widening is in design, the Puri airport has its clearances, and the state is planning Bhubaneswar, Cuttack and Puri as one economic region.
Our Pipili Highway Plot project is built for buyers who are not here to watch. It is a gated layout at Mouza Kanhupur near the Pipili toll gate, 20 km from Bhubaneswar on the way to Puri. The boundary wall is built and the power is in. Phase 2 is open. For every plot we share the record of rights, a 30-year encumbrance certificate and the approved layout before any payment, and we will put you on a video call from the site on a day that suits your time zone.
A standalone house with a gate, a lawn and a verandah, forty minutes from the sea at Puri and twenty from the capital. That is the canvas. Write to us and we will send the plot availability and the land records the same day.
Sources
- RBI FAQ, updated 6 Apr 2023: Acquisition and transfer of immovable property in India by NRIs/OCIs; RBI Master Direction on borrowing and lending, updated 8 Sep 2026: FED 6/2015-16
- Income Tax Department: TDS on purchase of property; TDSMAN, 12 May 2026: TDS on immovable property under the 2025 Act
- NRI Information, updated 28 Sep 2026: Power of Attorney from abroad; IGR Odisha: documents required for registration, online services
- Supreme Court on Section 22, 1990 (2) SCC 162; Scheduled areas of Odisha
- Bhulekh Odisha: view record of rights; ORERA: registered projects
- Rajya Sabha reply, 13 Mar 2025: state-wise diaspora data; ThePrint, Apr 2023: Directorate of Odisha Paribar; Deccan Chronicle, Jan 2025: NRO policy announced
- Business Standard/PTI, 28 Jan 2016: Smart Cities list; OTV, 4 Mar 2021: Ease of Living 2020
- STPI: About STPI Bhubaneswar; Sambad English, 16 Feb 2025: software exports cross ₹12,000 crore; Sambad English, 9 Oct 2025: Bhubaneswar emerging as IT hub
- Sambad English, 29 Jan 2025: Utkarsh Odisha investment intents; ETV Bharat, 29 Jan 2025: IT/ESDM intents