About - Utkal Builders

Creating History Through Landmarks

With a promise transform buildings to homes, Utkal builders embarked on a significant voyageback in 1991, since then they have treaded many paths and transcended myriad milestones. Bringing heart to every home was what inspired the brand to dream big. Building and bridging the skyline, today Utkal Builders is one of the revered real estate conglomerates of Odisha.

Dynamic, eclectic and distinct are the three driving forces that have steered the company’s growth in the last three decades (30 years). Over time, Utkal Builders have impeccably crafted multifarious establishments encompassing both residential and commercial segments

Raising the bar with every brick, today Utkal Builders is a benchmark in the sphere of Real-estate. Moving forward, the brand is now diversifying into multiple innovative sectors and one them being introducing the first of its kind smart homes in Odisha powered by intelligent designing and innovative technologies.

A Roadmap To Our Renown

“Belief in oneself is one of the most important bricks in building any successful venture”. With a strong conviction in our hearts and a passion to create historical landmarks, Utkal epitomise the values of the family.

Just like the homes, the company is built on a foundation and a legacy of trust spanning over three decades. We believe home is the soul and going by that we ardently focused on just one vision, ‘Building Happy Communities’. Because, a home nestles your dreams and enriches your aspirations for a happy Life.

We Practice What We Believe

It’s not about creating four walls, but experiences that lasts a lifetime. At Utkal every home is a masterpiece in its own.

The stringent quality parameters at Utkal have always ensured delivery of eminent projects at optimum cost and minimum impact to the environment. QMS training is mandatory for the technical team and upon qualification they are QMS certified. Utkal’s QMS also conforms to the ISO 9001 standard which assures you of finest quality in all its developments.

Our structures are designed & researched by a proficient team who works in accordance with ISI standards, ensuring adherence to each and every safety parameters. Adding to this, we guarantee a 100 percent safety of livelihood for the occupiers/buyers.

Driven By The Makers

Subhash Bhura

The visionary with a mission and an opportunity – guru, his insights are the engines of innovation and new businesses. His passion for opportunities is only matched with his perseverance to bring them to life. He has been the torch-bearer and the agent of evolution at the group. He has also served as the president of CREDAI, Odisha (2010-11).

Bhanwarlal Baid

Patriarch of the family & Chairman of the Group endorses chosen principles and values which Utkal follows. With his distinguished business and social credentials, he has led and safe-guarded the treasured Utkal culture. A born entrepreneur, he initiated with humble beginnings. But his zeal, sheer grit and robust ethics steered him through the times to continuing trust and success. Of course, after four decades of a distinguished business career and leadership of a diversified business group, his enthusiasm remains fresh as ever.

Prakash Bhura

Anchors the sourcing function at Utkal. He is credited with deriving the best value from our sourcing partners - contractors and vendors of material inputs. Recently, he has taken additional responsibility of the marketing function. However, complicated and large his tasks, his energy and positive attitude make them all possible! And somewhere in the middle, he also finds time to pursue sports and instruct his disciples on yoga.

Mr Sharad Baid

Mr. Sharad Baid is the Managing Director of Utkal Builders & has earned his Masters in Business administration from Bond University, Australia. He specialises in Finance and Information systems.By spearheading new initiatives in Utkal Builders, Mr. Baid has enhanced the framework for strategic planning and project development. In addition, he plays a crucial role in the corporate branding & project marketing of the Group.

Sandeep Baid

Is an MBA from University of Strathclyde, Scotland, specializing in marketing and is currently gaining exposure of the unique customer nuances of the varied markets. he is also involved in streamlining the finances of the group.

Amit Baid

Is an MBA from prestigious IMT, Ghaziabad specialising in Finance and a CFA from ICFAI. He is driving innovation and technology in the group’s operations. He is also actively involved in the group’s marketing plans.

Rakesh Bhura

Mr Rakesh Bhura holds the MBA degree from the Leeds University,UK. The youngest and the most dynamic among the directors he plays an important role in planning and execution at the site. He is actively involved in site execution,purchases & manpower management. He has his own innovative approach towards the projects and all his endeavours have been successful. Mr Bhura is the young promising face of Utkal Builders.

Our Renown, Our Treasure

In our journey of over 3 decades, we have crossed several milestones, built several benchmarks. We have extended our footsteps and our renown along with it. And in our humble journey we have received the admiration of our beloved customers and patrons. Adding feathers to our cap, we keep rising.


Proud recipient of the Times Business Awards (2022) given for " The Most Trusted Developer of the Year" to Utkal Builders

Proud recipient of the Business Eminence Awards given to Managing Director of Utkal Builders, Sharad Baid

Proud recipient of the Odisha Business Awards (2017) given for " The Best Developer of the Year" to Utkal Builders

Proud recipient of the CRISIL 5 Star Rating (2014) for Utkal Heights of Utkal Realtors Pvt. Ltd.

Proud recipient of the CNBC AWAAZ, Real Estate Awards (2013) for Utkal Royal Residency, in the category ‘Best 50% Complete Residential Project, Mid-segment’

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