One of the fastest growing Tier III cities in India -Future IT and Aviation city - Companies like Boeing, Satyam computers, HCL, Dell, Hexaware, DLF, Ascendas etc. has already finalized their projects. Adjacent to IT SEZ(Wardha Road – NH7) is Proposed International Cargo HUB(MIHAN – Multimodal International Hub Airport at Nagpur, (www.madcindia.org ), which is first and only such kind of project in the country being developed in Nagpur by a joint venture between Maharashtra Airport Development Corporation (MADC) and the Airport Authority of India (AAI). Second Capital and third big city in Maharashtra. Nearby is the new VCA cricket stadium.
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  • Mihan Project

    I'd like to throw some light on MIHAN as Mr. Rajesh has cited.:)

    MIHAN PROJECT

    The under-planning MIHAN project will be spread over 4,025 hectares and, when completed, it is going to be one of the biggest cargo hubs in Asia.
    Besides the airport, the proposed project involves a road-rail terminal, a special economic zone (SEZ) and other urban amenities.

    An IT park spread over 400 hectares in the SEZ will house IT majors like Satyam Computers, TCS, Patni Computers as well as Microsoft. Dell too has evinced interest in Nagpur. The Boeing MRO facility has alrady been talked about.

    In the Special Economic Zone, units may be set up for manufacturing of goods, rendering of services, production, processing, assembling, trading, repairs, packing and repacking.

    In addition, attractive fiscal incentives, soft regimes of taxes for developers and entrepreneurs, productivity-friendly labour laws and simpler procedure shall also be offered in the zone, as has been available in other free trade zones all over the world.

    A separate 60 hectares have been allocated within the SEZ for the Health City, which is expected to provide about 2,000 beds in various multi-speciality hospitals.

    Private players will operate one or more specialised units in the Health City. The proposed Health City, envisaged as the preferred destination for health tourists all over the world, shall be located in the SEZ, providing the operators tax concessions and other benefits as per the SEZ Act 2005.
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  • Land Prices

    what is the price of land in Nagpur at the moment? I am an onverseas resident and wanted to know if there is an issue buying land (in terms of safety???)

    Also what new residential projects are coming up in NGP? Any ideas and thoughts would be highly appreciated. I used to go to NGP every year when I was young but have no idea as to how the city has developed/changed in the last 12 years.

    Regards
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  • No isues in investing in land in Nagpur

    I am from Nagpur and I have seen Nagpur grow from a dusty town to a bustling clean and green city(its the 2nd greenest in india).

    Now its on the way to becoming a world trade city with the MIHAN project coming up fast.

    The land prices here have been going up faster than anywhere else in India and its the right time to jump in.The investors have reaped a rich reward in the last two years and many have got returns of close to 300-500% in land investments around MIHAN project.
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  • it looks lucrative and makes sense i moving in near future with my family to india and will really focus my eyes on real estate investment in Nagpur.
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  • Good Loss Mitigation Training

    Hey I'm new and I guess this is as good a place as any to see if anyone knows of a good loss mitigation training course?I keep hearing about people making tons of money becoming foreclosure consultants.So, If you have any info or you have purchased a good course, please share. I'm retired and looking for a home based business that I can earn a decent income with.Thanks,
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  • investment in nagpur

    Hi,
    I am interested in investment in Nagpur. Can anybody tell me which is better option:
    1. Flat 2.Row House 3. Old House

    Thanks
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  • Originally Posted by vijaykl
    Hi,
    I am interested in investment in Nagpur. Can anybody tell me which is better option:
    1. Flat 2.Row House 3. Old House

    Thanks


    If you are a budget buyer Flat will be your option. Otherwise I would suggest you to go for Row House in outskirts of city (as you may be looking for new construction).

    For secure investment and security, go for Resale houses within city limit. Recession and real estate slow down hasn't affected Nagpur city at all. However, I can't vouch for plot sale beyond existing city limit.
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  • hey...hello everone..... :)
    do any one know abt the *MY TOWN* project which is in nagpur {buti bourie }
    is it safe to buy a flat at that area....

    waiting for ur valueable reply......
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  • TCS to set up facility in Nagpur

    R. Y. Narayanan
    Coimbatore, Dec 19:
    IT bellwether Tata Consultancy Services is investing Rs 600 crore in the first phase of its development facility in Nagpur.
    It will come up on a 54-acre site in the Mihan SEZ. The Maharashtra Chief Minister, Mr Prithviraj Chavan, laid the foundation for the first phase of the project at Nagpur today.
    The project would be executed in two phases with the first phase having 8,200 seats for IT and BPO services. The second phase would be equal in size.
    Mr N. Chandrasekaran, CEO and MD, TCS, said Nagpur, which is TCS’ third facility in Maharashtra after Mumbai and Pune, had the potential to become the next big hub for knowledge-based industries since it has the strong eco system of educational institutions, talent pool and infrastructure.

    Source:thehindubusinessline
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  • Originally Posted by Anand durai
    hey...hello everone..... :)
    do any one know abt the *MY TOWN* project which is in nagpur {buti bourie }
    is it safe to buy a flat at that area....

    waiting for ur valueable reply......


    butibori is quite far from Nagpur city. If you are buying to live there then its okay. if its investment, I would suggest to go towards Nagpur. Buying flat near Mihan/Sahara city would be quite useful in sense that now TCS has started construction of their office to host 8000 strong workforce Plus there are 3 engg. colleges in the vicinity.
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  • India is a land of billion opportunities: Mukesh Ambani

    India is a land of billion opportunities: Mukesh Ambani - The Economic Times
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  • Hyatt Announces Plans for A Hyatt Place Hotel in Nagpur

    HYATT ANNOUNCES PLANS FOR A HYATT PLACE HOTEL IN NAGPUR

    Hyatt Place Nagpur will be the 24th Hyatt Place hotel under development in India
    CHICAGO (August 22, 2012) Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate signed a management agreement with Unity Infraprojects Limited for a Hyatt Place hotel in Nagpur, India. Hyatt Place Nagpur marks the 24th Hyatt Place hotel under development in India, bringing the total number of announced Hyatt-branded hotels under development in India to 57.
    “The development of the Hyatt Place hotels in India reflects our commitment to offering this select-service brand in one of the world’s fastest-growing markets,” said Ratnesh Verma, Senior Vice President - Real Estate and Development, Asia Pacific for Hyatt Hotels & Resorts. “We are focused on creating preference by enhancing distribution of the Hyatt Place brand in both new and established markets in India where our guests are increasingly traveling.”
    “This is a great moment for our company as this is our first hospitality venture,” said Kishore K. Avarsekar, Chairman and Managing Director of Unity Infraprojects Limited. “We are delighted to be associated with an internationally renowned group like Hyatt, a company that is known for its high standards. We look forward to building on this relationship with them.”
    Expected to open in 2016, Hyatt Place Nagpur will be part of mixed use development on Wardha Road, which connects the city center to the airport. The hotel will feature 125 guestrooms and will offer a restaurant and bar, meeting space, a fitness center, and a pool. Hyatt Place Nagpur will be located less than five miles from the city’s airport, and will also be in close proximity to many of the city’s higher education institutions and retail areas, including Civil Lines, Ramdaspeth and Gokulpeth.
    Four new Hyatt hotels are expected to open in India in the remainder of 2012 across the Park Hyatt, Hyatt Regency and Hyatt Place brands, including:
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  • Nagpur - Future global city

    In a recent survey conducted by citibank and Knight Frank Nagpur has featured as one of the top 400 global cities in the world for 2050. The detail from the roport is below :

    FASTGROWING EMERGING
    MARKET MIDDLEWEIGHTS

    Jaana Remes
    The unprecedented pace and scale of
    urbanisation in developing countries is among
    the few bright spots on a global economic
    horizon clouded by ageing populations,
    increasingly volatile resource prices and debt
    crises. It is no longer just a story about the rise of
    megacities such as Shanghai or Mexico City.
    We believe the cities to watch in 2050 are the
    400 emerging market “middleweights” – fastgrowing
    cities with populations between 200,000
    and 10 million. This dynamic group includes
    many cities that are not household names today:

    1 LINYI, 2 KELAMAYI and 3 GUIYANG in
    China;
    4 SURAT and 5 NAGPUR in India;
    and
    6 CONCEPCION and 7 BELEM in Latin
    America. Yet collectively they are global growth
    engines, reducing poverty, expanding the global
    middle class by millions of households, and
    creating new market opportunities for local and
    multinational companies.

    http://www.thewealthreport.net/The-Wealth-Report-2012.pdf
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  • yaa it is a good township .but it is much better option for those who work or reside at buttibori .
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  • ABP Best city awards

    List of winners of the ABP News-IPSOS Best City Survey and Awards 2013

    1. Best City 2013 -Public Transport: Nagpur
    2. Best City 2013-Power Availability: Mumbai
    3. Best City 2013-Affordable Housing : Madurai
    4. Best City 2013-Roads: Delhi
    5. Best City 2013-Law & Order: Rajkot
    6. Best Tourist Friendly City 2013: Nashik
    7. Best Green City 2013: Nagpur
    8. Best City for Health Care Services 2013: Nagpur
    9. Best City for Primary Education 2013: Delhi
    10. Best City-Women Safety 2013: Rajkot
    11. Best City-Efficient Traffic Management 2013: Pune
    12. Best City-Cleanliness and Sanitation 2013: Rajkot
    13. Best City to Live in 2013: Nagpur
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