For over three decades, Utkal Builders has been a name synonymous with trust, quality, and innovation in Odisha’s real estate landscape. As Bhubaneswar continues to grow into a smart and modern city, Utkal Builders has played a pioneering role in shaping its skyline with residential and commercial landmarks that stand the test of time.
This blog takes you inside our journey — exploring our projects, prime locations, and the values that have earned us the trust of families for 35 years.
Since our inception, Utkal Builders has believed that a home is more than just four walls — it’s a foundation for families to grow, thrive, and create memories. Over the years, we’ve consistently delivered projects that combine modern design, top-class amenities, and a lifestyle that meets the evolving needs of urban Odisha
Our long-standing presence in Bhubaneswar’s real estate sector is proof of the faith that generations of homebuyers have placed in us.
Utkal Builders has successfully completed and delivered numerous landmark projects that have become part of Bhubaneswar’s identity. Each project reflects our commitment to quality, aesthetics, and sustainability.
Some of our notable residential and commercial projects include:
Utkal Heights – Bhubaneswar’s first high-rise; A premium residential complex redefining luxury living.
Utkal Royal Residency – An landmark integrated residential and commercial project
Utkal Kanika Galleria – City’s favourite mall
Utkal Aspire – Contemporary living spaces designed for new-age families in the heart of Bhubaneswar
Utkal Reserve – 30000+ sqft of landscaped terrace define this landmark project
Utkal iSquare– Odisha’s first smart homes
Every project is thoughtfully designed to provide residents with convenience, security, and a lifestyle that goes beyond the ordinary.
Location plays a vital role in real estate, and Utkal Builders has always chosen prime areas that offer excellent connectivity and high appreciation potential.
Our projects are strategically located near:
This ensures that our residents enjoy a perfect balance of work, education, healthcare, and leisure — all within easy reach. Also add that this adds immense value when it comes to value appreciation of the asset.
Trust is not built overnight. It comes from consistent delivery, transparent dealings, and a commitment to customer satisfaction. Here’s why thousands of families across Odisha trust Utkal Builders:
As Bhubaneswar grows into a world-class city, Utkal Builders is committed to leading the way with innovative, sustainable, and future-ready projects. With every home we build, our goal is to provide not just a property, but a lifetime of trust, comfort, and happiness.
At Utkal Builders, we don’t just create buildings — we create legacies that families cherish for generations.
All project information and details displayed on the site, including but not limited to the information and details contained in project related materials that you may download are for information purposes only and do not constitute an offer under any law for the time being in force. The Company shall not be liable to you for any decisions you may take as a result of or on the basis of such information and encourages you to contact the Company directly for up-to-date and accurate information.
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.
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.
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.
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.
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.
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.
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).
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.
All project information and details displayed on the site, including but not limited to the information and details contained in project related materials that you may download are for information purposes only and do not constitute an offer under any law for the time being in force. The Company shall not be liable to you for any decisions you may take as a result of or on the basis of such information and encourages you to contact the Company directly for up-to-date and accurate information.