This upcoming development includes the construction of a commercial tower at Plastic Park, Paradeep, Jagatsinghpur, Odisha.
Overview of the Project:
Odisha Industrial Infrastructure Development Corporation (IDCO) is undertaking the construction of a commercial office tower on 10 Acres of land in Plastic Park, Paradeep Tehsil, Jagatsinghpur District, Odisha.
Located approximately 4.6 km from NH-53 in Chaukimatha village, the project site benefits from a robust road network and rail connectivity across the district, ensuring accessibility from all parts of the region.
The project encompasses the construction of a basement floor, a stilt floor, and 16 floors. The land area covered by the project is 10 Acres with a total built-up area of 1,479,777 SqFt. The estimated construction cost of the project is 350 INR-Crore.
Designers Forum has been selected to serve as DPR & Masterplanning consultant for this project. As of August 2023, a Tender is floated for the selection of an EPC contractor.
Project details:
| Name of the Project | IDCO Office Tower, Paradeep |
| Latest Status | Pre-construction As of August 2023, a Tender is floated for the selection of an EPC contractor. |
| Location | Jagatsinghpur, Odisha |
| Land Area (Acres) | 10 Acres |
| Construction Area (in SqFt) | 1,479,777 |
| Construction Cost (INR-Crore) | 350 INR-Crore |
| Description | 1 Block: 1 Basement + Stilt Floor + 16 Upper Floors |
| Building use | Commercial |
| Sector | Public |
| Construction start | 2023 |
| Project completion (Estimated timeline) | 2025 |
ABOUT
Odisha Industrial Infrastructure Development Corporation (IDCO)
The Odisha Industrial Infrastructure Development Corporation (IDCO) was established in the year 1981 with the specific objective of creating infrastructure facilities in the identified Industrial Estate/Areas for rapid and orderly establishment and growth of Industries, trade, and commerce. It has been declared as the Nodal Agency for providing industrial infrastructure in the State of Odisha.
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Disclaimer: The information in this article is gathered using data from Biltrax Construction Data’s proprietary platform. This article uses feature images that may not be representative of the project; they are merely for illustration purposes.
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