Bhubaneswar’s iHub Tech Park: How the IT Corridor Is Expanding With New Office Spaces and Major Companies Like PwC, IBM, Infosys and More
Bhubaneswar is fast becoming a tech city in eastern India, and the companies which are entering this city would require good office space to grow here. iHub Tech Park offers offices, coworking spaces, shops, cafes and more in one campus. It sits close to some of the city’s biggest IT names. With Phase 1 already complete the Phase 2 is open for leasing. Here is what you should know.
What Is iHub Tech Park?
iHub Tech Park is a commercial park that brings together offices, coworking hubs, retail, food outlets and other business spaces in one place. It is aimed at large companies, startups and investors. The park’s website says it plans to add a luxury hotel and serviced apartments in later phases. In total, the park is planned to have about 10 lakh sq ft of space. It is being built in phases.
Where is this Tech Park Located?
The park is at E/43, Infocity Avenue, Sailashree Vihar, Patia, Bhubaneswar. Patia and Infocity are the city’s main IT areas. The Odisha government’s IT department calls it the biggest IT park in the eastern region, spread across more than 300 acres. It is surrounded by the Bharatpur Reserve Forest, so the campus also has a green space.
Phase 1
Phase 1 is the first building, and it has been in use since 2019. It has 1.5 lakh sq ft of space across ground plus three floors. It offers private offices and coworking space, and the offices are ready to move in. Facilities in Phase 1 include high-speed internet, secure access, 24/7 support, 100% power backup, a cafeteria, event space and ample parking. The Phase 1 page says more than 12 companies work here.
Companies in iHub Tech Park, Phase 1
These are the companies currently present in iHUb Tech Park Phase 1. The large firms are PwC, IBM, Synopsys, JSW Global Business Solutions and Honda. Tech and startup firms include Datoms, Aurassure, Scaledge, Buildxcel and Spotline and other companies like Aryans Investa.
Phase 2
Phase 2 is a new office tower with 3.22 lakh sq ft of leasable space. It has two basement levels and ten floors. The park says it is now open for leasing, and the website shows construction photos up to July 2026. It has a Grade-A building, forest views from every floor, meeting rooms, innovation labs and open-air breakout areas and 24/7 power, security and access control.
Residential Areas near iHub Tech Park
The residential areas around iHub Tech Park in Bhubaneswar include Patia, Chandrasekharpur, Niladri Vihar and Sailashree Vihar, offering options for both renters and homebuyers. 2 BHK flats in Patia generally rent for around ₹12,000 to ₹34,000 per month, while Chandrasekharpur rents range from ₹15,000 to ₹24,000 per month. Niladri Vihar and Sailashree Vihar offer comparatively affordable options, with 2 BHK rents of approximately ₹11,000 to ₹18,000 per month.
For buyers, the apartment prices are around ₹5,400 per sq. ft. in Patia, nearly ₹9,000 per sq. ft in Chandrasekharpur, and around ₹7,750 to ₹8,376 per sq. ft. in Niladri Vihar and near to ₹8,200 to ₹13,150 per sq ft. in Sailashree Vihar. These areas offer a mix of established residential colonies and apartment communities, making them worth considering for people working in the nearby IT corridor. Please note that exact rents and purchase prices vary depending on the property’s location, size, age and amenities.
Also read: Andhra Pradesh Plans Two Space Cities: How Tirupati Space City and Lepakshi Space City Could Impact Jobs and Real Estate Growth
Distance From the Airport and Railway Station
The park’s website says it is about 15 minutes from Biju Patnaik International Airport and about 20 minutes from Bhubaneswar Railway Station. It also says the park is in immediate proximity to Infosys, TCS, Wipro and other IT and IT-enabled firms. Malls, hotels and residential areas are close by too. Travel times can change with traffic, so it is best to check on the way.
What Else Is Planned?
After Phase 2, the park has a Future Vision of about 5.28 lakh sq ft. This is meant to add a luxury hotel, corporate serviced apartments, more shops and wellness areas. The idea is to let people work, stay, eat and relax in one place.
The park lists a long set of amenities. They include offices and coworking spaces, meeting and conference rooms, a gym, a swimming pool, sports facilities, a spa and meditation space, a convenience store, a pharmacy, an infirmary, a salon, cafes and restaurants, a gaming arcade, event spaces and EV charging stations.
Why Does This Matter for Bhubaneswar?
Bhubaneswar’s IT scene is growing, and the state is planning more space. For example, the Odisha government has invited developers to build a 25-acre IT park at Damana Square, between Infocity and Infovalley. When more companies come, they will need ready, good-quality offices, which is where parks like iHub fit in.
All in all
iHub Tech Park already has a working Phase 1 and well-known tenants. Phase 2 will add a lot more office space. If you are a company looking for space, it is worth a visit, and you should check the exact rent, the available floors and the handover dates. Many of the claims here come from the park’s own website, so confirm the details with the leasing team.