Why Investing In Nagpur Is a Great Decision

Wednesday, October 7, 2020

Putting capital on properties in Nagpur in the present day, is one of the best strategy towards a profitable return Paces of property in a few of India's Tier-II urban areas moved upwards in the past half a decade even as prices remained unchanged or even declined in some major cities of the country after reaching a peak during the same period. Therefore, property in urban communities like Lucknow and Patna stopped being as affordable as they used to be for working class. This, however, is not true for our Nagpur, the third-largest city in the state after Mumbai and Pune. Especially investing into properties in Nagpur is viewed as safe because Nagpur has a great scope for quality living in the future. In the past two decades, there is mammoth development in the realty in India.Nagpur is one of the fastest-growing cities in India -Future IT and Aviation city – Companies like Boeing, HCL, Dell, Hexaware, DLF, Ascendas, etc. has already confirmed their projects. Adjoining the  IT SEZ(Wardha Road – NH7) is MIHAN – Multimodal International Hub Airport at Nagpur, Proposed International Cargo HUB which is first and only such kind of project in India, being developed in Nagpur as joint venture of the Airport Authority of India (AAI)and Maharashtra Airport Development Corporation (MADC).

Nagpur is a very well connected with the rest of the nation by roads, rail and air as it is geographically located at the Center of India-The Zero Miles

Air terminal: The Dr.B.R.Ambedkar air terminal in Nagpur was appointed during the First World War and now has an international air terminal interfacing with significant nations like Saudi Arabia, Singapore, and UAE and so on. The air terminal is en route to being ventured into a multi-modular global load center. This air terminal will likewise have an exceptional financial zone which will spread over a wide territory of land.

Roadways: Nagpur is a significant intersection for streets with two significant public interstates (NH 7 and NH 6). The NH 7 highway is in the middle of Kanyakumari and Varanasi and the NH 6 is between Hajira and Kolkata. Both these public thruways go through the city. The NH 47 interfaces Nagpur to Bhopal. The Maharashtra State Highway Transport Corporation additionally gives different transports which borderaround all aspects of the city.

Railroads: The Nagpur railroad station is one the most established and busiest stations in the nation and has a sum of 242 trains to different objections across India. Of these 242 trains, 65 are every day trains and 26 end and begin at Nagpur.

Nagpur Metro: The state government has proposed and developed a Metro venture in Nagpur with 36 stations associating the whole city. The metro is will help to decrease the gridlocks and further lift the financial advancement in the city. The Nagpur Maha Metro is set to be finished by March 2021

Property developers in Nagpur are gearing up to meet the evolvingand ever increasing requirement for commercial and residential spaces. Real estate in Nagpur is pulsating with rapid buying and construction activity, surpassing all projections by real estate analysts. Real estate in Nagpur is expected to witness rapid growth in the near future. And with 32 years for experience in field of Real Estate in selling and leasing Commercial, residential, Industrial and agricultural properties, Roshan real estate is all set to help its patronstake advantage of the brilliant economic opportunities the future presents. If you wish to read a complete detailed overview of Nagpur, kindly write to us on roshan@roshanrealestate.in

Blog by

Pankaj Roshan

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Brijesh Segan
10/8/2020 1:11:11 AM

Very nice analysis Pankaj ji 👌

Shamoon Memon
10/7/2020 10:22:43 PM

V correct

Balbir Singh Renu
10/7/2020 10:02:29 PM

Very good post Pankaj, After retirement people prefer Nagpur for settling along with Pune and Banglore. There is huge scope of tourism. Apart from wild life tourism there around 50 plus sites around Nagpur which can be developed with little interest by State Government. If I refer further it may be repeatations what dear Anil Agarwala has said.

Anil Agarwala
10/7/2020 7:52:58 PM

In addition to IT, warehousing, commercial farming, defence production, population inflow etc. Tourism is also a plus point as Nagpur is the gateway for all wildlife destinations in central India. Indeed, this is the right & affordable time to invest here! Well said Pankaj...

Dilip Naware
10/7/2020 6:44:27 PM

With steady rise and almost no decline in real estate market , Nagpur is at the top of Minimum out going towards CAPITAL GAIN Tax , which is one of the most depressing issues after sale purchase ! With pre-planned strategy one can earn very good returns only by Investing in Nagpur.

10/7/2020 11:35:27 AM

Indeed Nagpur is a Great Place to Invest specifically in the Logistics Sector.

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