The Consortium Magnum is an upcoming residential project under development by Shuvam Construction, located in the prime locality of Chandrasekharpur, Bhubaneswar. Spread across 7.9 acres, the project features two high-rise towers, each rising up to 31 floors, and offers a diverse range of apartment configurations including 2, 3, 3.5, and 4.5 BHK units. With a total of 410 apartments planned, the project aims to cater to various lifestyle and space preferences.
Registered under the Odisha Real Estate Regulatory Authority (ORERA) with the number RP/19/2024/01165, Consortium Magnum is slated for possession by March 31, 2025. The project boasts a built-up area of 11,60,000 square feet and has a total development budget of ₹220 crores.
In addition to standard residential units, the project incorporates both Economically Weaker Section (EWS) units and a Private Development Project (PDP). The land distribution allocates 65% for EWS housing and 35% for PDP, with an overall Floor Area Ratio (FAR) of 3.5 for both components. The development includes not only the two main residential towers—Tower 1 and Tower 2—but also various ancillary structures to support community living. Consortium Magnum is designed to be a modern, inclusive residential space offering both comfort and accessibility.
Consortium Magnum is a premium real estate development by Z Estates (Z Engineers Construction Private Ltd), a well-established and trusted name in Odisha’s real estate sector since 1984. Located near Care Hospital in the prime area of Chandrasekharpur, Bhubaneswar, this residential project offers a blend of modern high-rise apartments and possibly villas, designed to deliver a luxurious and comfortable living experience.
The development features multi-story towers, some rising up to 31 floors, with a variety of apartment configurations including 2, 3, 3.5, and 4.5 BHK units. With a total of 410 units, Consortium Magnum is a large-scale project equipped with thoughtfully designed amenities such as spacious clubhouses, swimming pools, and landscaped green spaces, enhancing the overall lifestyle of its residents.
Z Estates, known for landmark projects like Z Padmanabha and Z1 Nirvaana, brings its legacy of quality and innovation to this ambitious project. The architectural design is managed by Architect’s Studio, while Shuvam Construction oversees the construction, ensuring high standards of execution. Consortium Magnum stands out for its commitment to elegance, comfort, and community-centric living.
