Oriom Group Enters Real Estate Sector with Launch of Oriom Realty
Mumbai, September 30, 2026: Diversified industrial conglomerate Oriom Group has announced the launch of its dedicated real estate vertical, Oriom Realty. Headquartered in Bhubaneswar, the firm will develop premium residential, retail, commercial, hospitality, and mixed-use projects across Odisha, starting with Bhubaneswar and other emerging growth corridors.
The strategic foray marks a milestone in the group’s 21-year history, following its established presence in steel, power, speciality chemicals, and refractories. Led by Rajesh Agrawal, Founder and Director, Anil Kedia, Director, and Deepak Agrawal, Director, the group currently operates across eastern India with over 3,000 employees.
Announcing the launch, Deepak Agrawal, Director, Oriom Group, said, “From last 21 years, Oriom Group has participated in building Odisha’s industrial economy. Today, we believe 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. Oriom Realty is not merely a diversification; it is a strategic long-term commitment to participate in building the urban infrastructure of a stronger, more prosperous and aspirational Odisha.”
He added, “Being ‘built in Odisha and for Odisha’ gives us a unique understanding of the State’s aspirations. Our objective extends beyond constructing buildings. We aspire to create urban modern landmarks where families aspire to live and thrive, businesses choose to establish themselves and investors create enduring value.”
Highlighting the group’s capabilities, Rajesh Agrawal, Founder and Director, Oriom Group, said, “The launch of Oriom Realty represents the natural progression of our enterprise. Having successfully built industrial assets across Steel and Power, Chemicals and Refractories with our engineering capability, financial discipline and project execution expertise. We see a compelling long-term opportunity emerging in Odisha as infrastructure investments, manufacturing expansion, rising incomes and urbanisation continue to drive demand for premium residential and commercial developments.”
Discussing the region’s outlook, Anil Kedia, Director, Oriom Group, said, “As Odisha strengthens its position as one of India’s leading investment destinations, Oriom Realty will contribute by developing future-ready communities that will set the benchmark for modern living and embed world-class infrastructure.”
The expansion aligns with Odisha’s macro-economic roadmap, which aims to boost state urbanization from approximately 17% to 40% by 2036 and 60% by 2047 under its long-term vision. Oriom Realty intends to leverage its parent organization’s engineering expertise and governance practices to support this urban growth.
