Oriom Group Bets Big on Odisha’s Urban Growth, Launches Oriom Realty

~ Building Trust in Real Estate Through Industrial Legacy ~ 

Mumbai, August 8, 2026 – Demonstrating its ongoing commitment to Odisha’s economic and urban expansion, Oriom Group, which began in Jharsuguda and now operates from Bhubaneswar, one of the state’s top diversified industrial groups, unveiled Oriom Realty. This new real‑estate arm will focus on high‑end residential, retail, commercial, hospitality and mixed‑use projects, starting in Bhubaneswar and extending to other emerging corridors across Odisha. 

Entering the real‑estate sector marks a pivotal moment in the Group’s 21‑year journey, during which it has built capabilities in steel and power, specialty chemicals, and refractories. Oriom believes Odisha is stepping into a transformative era of infrastructure‑driven industrialization and urbanization, opening long‑term opportunities for organized real‑estate development. 

Over the years, Oriom Group has grown into a diversified industrial conglomerate led by Mr. Rajesh Agrawal – Founder and Director, Mr. Anil Kedia – Director and Mr. Deepak Agrawal – Director. The Group now employs over 3,000 professionals and operates multiple facilities across eastern India. In its early commitment to Jharsuguda, the company delivered four multi‑storey residential projects in 2007, offering safe, modern, high‑quality homes at a time of rising demand.

Announcing the launch, Mr. Deepak Agrawal – Director, Oriom Group, said, “For the past 21 years, Oriom Group has helped shape Odisha’s industrial economy. Today we see the state entering its next defining growth phase, where industrial progress naturally fuels demand for modern cities, vibrant communities, and quality real estate. Oriom Realty is not just a diversification; it is a long‑term pledge to help build the urban infrastructure of a stronger, more prosperous and aspirational Odisha.” 

He added, “Being ‘built in Odisha and for Odisha’ gives us a deep insight into the state’s aspirations. Our goal goes beyond erecting structures; we aim to create urban landmarks where families desire to live and flourish, businesses choose to set up, and investors generate lasting value.” 

Mr. Rajesh Agrawal – Founder and Director, Oriom Group, said, “The launch of Oriom Realty is the natural evolution of our enterprise. Having successfully built industrial assets in steel and power, chemicals and refractories backed by our engineering expertise, financial discipline, and project execution strength, we recognize a compelling long‑term opportunity in Odisha as infrastructure investments, manufacturing expansion, rising incomes, and urbanisation continue to drive demand for premium residential and commercial spaces.” 

Mr. Anil Kedia, Director of Oriom Group said, “As Odisha strengthens its position as one of India’s premier investment destinations, Oriom Realty will contribute by developing future‑ready communities that will set the benchmark for modern living and embed world‑class infrastructure.” 

Oriom Group’s move into real estate rests on Odisha’s strong macro‑economic fundamentals. The state’s long‑term development roadmap, including Vision 2036 and Vision 2047, highlights urbanisation, industrial competitiveness, logistics, and regional economic corridors as key growth drivers. Simultaneously, sustained investments in highways, airports, ports, rail links, and urban infrastructure are reshaping Odisha into one of India’s fastest‑growing investment hubs. Moreover, the smart city of Bhubaneswar is emerging as Eastern India’s knowledge and investment capital. 

Remarkably, with urbanisation currently around 17%, the state aims to reach 40% by 2036 and 60% by 2047. To keep pace, Oriom Group intends to go beyond industrial development by creating sustainable communities, thoughtfully designed urban spaces, and long‑term value for residents, businesses, and investors through Oriom Realty. 

Oriom Realty will draw on the parent organization’s institutional strength, engineering expertise, and governance practices to develop thoughtfully planned residential neighborhoods, premium commercial assets, retail, hospitality, and mixed‑use projects that combine superior construction quality, sustainable design, modern technology, transparent and committed customer engagement. 

With Oriom Realty, the Group expands its contribution from building Odisha’s industries to shaping the cities that will power the state’s next phase of economic growth.