Real Estate Bank India is scheduling to set up three thousand franchisees all over the country with sixteen outlets in Orissa within a year. The first property shop will be opened on September 24 in Bhubaneswar. The other property shops will be located at Rourkela, Cuttack, Jharsuguda, Barbil and Jajpur Road.
This would promote inter and intra state real estate transaction. The company is already experiencing the pleasure of its presence in Karnataka, Kerala, Andhra Pradesh, Pune, West Bengal, Delhi and Tamilnadu. Its main business involves property transactions with a retail format and it is planning to deliver all property transaction related services under single roof. This will be the first property shop in Orissa of its type.