This is just the starting of what could be the well planned Mega city of tomorrow.

The tremendous support of the Goverment, commitment from the political leadership of the Vidarbha & state towards fulfillment of MIHAN project, extremely encouraging response from the Indian & Global corporate houses towards investments in Nagpur has been an eye opener for many real estate developing companies. Many national level developers like DLF, Sahara, Eros Group, K. Rahejas & many more reputed builders have shown interest and purchased lands for developments.
Why there is so much of work being done in Nagpur?

I would like you to see the "progress of MIHAN"
Things are happening with more than anticipated speed.

Following are the strategic advantages of being in Nagpur & near MIHAN:
 

• MIHAN has a strategic location, as its at the geometrical center of the country and is easily accessible by road and rail.

• Multi-modal International Hub Airport integrated with Rail and Road terminal will give an excellent Multi-modal transport system and save huge logistic cost.

• Availability of free hold land at reasonable rates. Project offers good returns on investments made.

• Availability of world-class infrastructure at economical rates will enhance operations.

• In-House captive Power Plants will ensure uninterrupted and quality power supply through well-planned distribution network.

• Adequate quantity of water supply.

• Easy availability of raw materials from vast catchments area.

• Availability of qualified and skilled manpower at economic wages.

• Inherent benefit of low cost of living compared to other cosmopolitan cities.

Real estate in Nagpur has fared positively on all three counts. For the last two or three years, Nagpur has seen an unprecedented demand for land, spurred by the arrival of IT and ITES companies, commissioning of SEZ, and developments at MIHAN. The growth of the IT industry has not only increased demand for both office spaces for the companies and residences for their employees , but has also catalyzed the growth of the retail space segment. Demand for land has clearly far outstripped the supply, thus pushing up land values in pockets earmarked as the IT corridor and the nearest developed areas. Besides, with plans for the International Airport , Fab City, Outer Ring Road and New Nagpur all gradually taking concrete shape, the perception that Nagpur is a happening place is gaining currency nationwide, among multinational companies as well as developers. As a natural corollary, land values in areas close to these are which figure high in plans for New Nagpur have seen a sharp rise in prices.