Dion Group’s Riverside Township Gets SBI Approval, Paving Way for Modern Urban Living

Bhubaneswar, June 12: In a major milestone for urban development in Odisha, Dion Group’s ambitious Integrated Riverside Township at Trisulia has received formal approval from the State Bank of India (SBI). This green light from the banking giant not only reflects the project’s sound financial planning but also marks a step forward in making modern, all-inclusive urban living a reality.

The approval was officially handed over to Manoj Kumar Sahoo, Founder and Director of Dion Group, by senior SBI officials Prasanta Kumar (Deputy General Manager) and Saroj Rout (Assistant General Manager) at an event in Bhubaneswar.

Designed as a self-contained community, the upcoming township will feature residential zones, a hospital, shopping mall, multiplex, star-rated hotel, and other essential services—bringing everything within reach for future residents.

Speaking at the event, SBI’s Prasanta Kumar remarked that the project’s strategic location and comprehensive planning make it a model for future townships in the state. He added that with the bank’s support, homebuyers can now access affordable and secure home loans with ease.

Expressing his gratitude, Manoj Kumar Sahoo shared, “This is not just a project—it’s a vision for how Odisha can live, grow, and connect in a smarter, more sustainable way. We’re excited to bring this dream to life.”

The project, named Codename: Newtown, is expected to redefine community living in Odisha and serve as a benchmark for integrated township development in the region.

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