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Nagpur - The next Real Estate Destiantion

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Nagpur - The next Real Estate Destiantion

Last updated: November 1 2006
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  • Nagpur - The next Real Estate Destiantion

    Nagpur city has been evolving over these years. Now with MIHAN - Internation Cargo Hub being planned in the city, real estate prices has gone up.


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  • #2

    #2

    Re : Nagpur - The next Real Estate Destiantion

    BPO/IT hit real estate market * nagpur

    I think… because of moving BPO and IT companies toward the Nagpur….is the main reason of booming real estate market in Nagpur… what do u think..

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    • #3

      #3

      Re : Nagpur - The next Real Estate Destiantion

      Way to go Nagpur....

      Yes you are absolutely right!!!

      Nagpur, has recently developed into a IT hub with several IT companies starting there operational bases in the city and there are reports of technology giants like Infosys and Wipro making serious consideration of expanding to the city.

      Moreover, Nagpur is also gradually developing into a BPO hub in the lines of Pune as infrastructural facilities, skilled work force and easy accessibility to major destination cities in India.

      The recent foray of high players in the field like Genpact (formerly GE Capital) into the city is sure to bring major boot to the economic and realty sector of Nagpur.

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      • #4

        #4

        Re : Nagpur - The next Real Estate Destiantion

        I completely agree with both of you…

        A silent revolution is happening in the orange city because of the BPO and IT companies

        And not only IT other major group also moving toward the Nagpur for their business


        Nagpur attracted Rs 300 crore (Rs 3 billion) investment from the Mumbai-based Krishna Group of Industries, which bought the historic Empress Mills and plans to convert it into a mixed use complex with an IT Park, luxury residences, a five-star hotel and a shopping mall.

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