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Old 09-11-10   #1
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Default Nagpur as an Investment?

All,

pls share your thoughts on Nagpur as investment.

The project "Mihan" - how far has that been a success? Has the work completed or halted with some issue, when is it gonna be operational and other status?

The IT park having Wipro, TCS, HCL - what about it? when would they be operational..?

residential townships/major RE projects - Mahindras/ DLf/ Sahara/ any other..(pls name them..)? - when are they starting...

thanks,
Vishal
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Old 28-11-10   #2
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Quote:
Originally Posted by VishalPrabhakar View Post
All,

pls share your thoughts on Nagpur as investment.

The project "Mihan" - how far has that been a success? Has the work completed or halted with some issue, when is it gonna be operational and other status?

The IT park having Wipro, TCS, HCL - what about it? when would they be operational..?

residential townships/major RE projects - Mahindras/ DLf/ Sahara/ any other..(pls name them..)? - when are they starting...

thanks,
Vishal
There is not much of progress of Mihan as there is not much of hype which is there in NGP.
No IT companies are even thinking to set up their shop in NGP. A big blow to the progress. As IT means money...

RE is pretty slow and seems recession has still engulfed NGP.

Know its slightly pessimistic view on ngp but more veiws are invited.
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Old 15-01-11   #3
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any more inputs..?
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Old 15-01-11   #4
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Originally Posted by VishalPrabhakar View Post
any more inputs..?
No progress on Mihan, Sahara's Project stalled, Butibori still a dream.

However the prices on real Nagpur upto Vardhman Nagar is showing bullish trend along with areas on Vardha road within few km of zero mile

I have some farm properties on Chindwara Road near the border of maharastra and MP and prices there too have increased a bit.

Rohit
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Old 08-03-11   #5
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Yeah, development is at very low pace bcoz of pathetic approach of State govt towards VIDHARBHA region. At the same time, we can see so many devp work going on in Pune and western mh...
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Old 24-02-12   #6
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Originally Posted by radioactive View Post
Yeah, development is at very low pace bcoz of pathetic approach of State govt towards VIDHARBHA region. At the same time, we can see so many devp work going on in Pune and western mh...


MIHAN is FLOP!!!!
no sale on Wardha road.
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Old 28-02-12   #7
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Originally Posted by Gangaram View Post
MIHAN is FLOP!!!!
no sale on Wardha road.
why would there will be any sell on Wardha Road? for Mihan to be gauged as success there should be sell "inside" mihan. And looking at new companies lined up to by land in SEZ I don't see it being 'flop' !

And didn't all the land in nagpur sold 2-3 times already?? what you expect people to keep buying and selling lands until all land prices are at par with Dharampeth or Sadar??
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