Investment in Land in Nagpur, Mega City of Future 2015 - PatniProperties

Investment in Land in Nagpur, Mega City of Future 2015

Take The Right Decision at The Right Time.

Nagpur has the connectivity to all parts in India, Both by highways, main channel rail routes, and Ait Connectivity. Nagpur is the center city of India, which connects various air routes like South Africa, North East Asia, Russia, South East Asia, Europe and Australia.

International Investors and  Business communities analyzed and Visualized the future, are already, investing  heavily in all forms of real estate around the project area.

Nagpur is the second city of Maharashtra, has a strategic central location in India  as well as international routes. Nagpur is also the     Educational and Business Centre of India having more than 50+ engineering colleges and 25+ medical institutes and colleges.

15000+ engineers and 5000+ medical doctors are graduating from Nagpur colleges.

Multiple themes active in Nagpur:

Mihan International airport cum cargo hub:

Will kick start the growth through arrival of 14million passengers and handling of 1million ton air cargo. Additionally, the logistics companies who will be making Nagpur their home will distribute more than 20million tones  of inland cargo through rail and road.

Health City:

A 2500bedded hospital with 11 different specialties will boost medical tourism and will provide employment to more than 25000people directly and 100,000 people indirectly.

Textile SEZ:

Already a famous cotton producing belt, Nagpur experienced a huge growth in production and export of textile and allied products. The employment opportunity provided by this sector will be in the 100’s of thousands.

IT and ITES:

The IT SEZ’s of companies like HCL computers, MANTRI, Raheja, Dell, IBM, Hexaware will provide huge employment opportunities for the hundreds of thousands of engineers in the area. The IT sector will provide direct employment to more than 150,000 highly educated, highly paid employees.

Manufacturing SEZ:

Butibori, Asia’s second largest Industrial estate which already has large export oriented units like Indo Rama synthetics and Morarji Brembana will be boosted further with the opening of MIHAN.

Gem and Jewellery SEZ:

A huge processing zone 2500Acres by Gitanjali gems will bring unprecedented economic prosperity o the region.

Food processing SEZ:

Famous for its oranges, Nagpur will experience a huge growth in food processing and agro based industries due to the proximity of the consumer because of MIHAN project.

This particular sector will provide direct and indirect employment to millions of people in the region
Travel and tourism/hospitality:
Nagpur is home to the famous Indian tiger and is surrounded by mega tiger reserve forests, which will attract foreign tourists. Already 11 5/7star hotels are under construction to satisfy the demand for the upper crust of international tourists about to arrive in the area.

Real estate:

Immediate demand for 500,000 new homes has prompted many big construction houses to launch their mega projects in the vicinity of MIHAN.
The construction boom will provide employment to hundreds of thousands of skilled and semi skilled people.
Result? The land prices have started jumping up and have already appreciated by 300% near MIHAN project within the last one year alone. But it’s nearly 1/50th of Metro realty price levels, which leaves scope for tremendous future appreciation, thus fetching best return on investments ever, anywhere in the world.

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