Nagpur

1. Geographical area of Nagpur

Nagpur district lies practically at the geographical center of India. Nagpur is 837 kms from Mumbai, 1094 kms south of Delhi, 1092 kms north of Chennai and 1140 kms west of Kolkata. It is located at the north latitude of 21.07 and east longitude of 79.07. it lies at a height of 312.42 mtrs above mean sea level.

The surrounding region is an undulating plateau rising northward to the Satpura range from 889 to 2142 feet. It is drained by the Kanhan River and Pench River in the centre, the Wardha River in the West and the Wainganga River in the east. The soil is fertile black (cotton) in the west and alluvial soil in the east. Forest cover in the district is 28 percent. The underlying rock strata are covered with alluvial deposits resulting from the flood plain of the Kanhan River. In some places these give rise to granular sandy soil.

Nagpur is the second capital of Maharashtra and has strategic central location in India as well as the international aviation routes. It has a great agricultural and mineral rich hinterland with huge forests.

Nagpur is also the educational and business center of central India and it has about 40 engineering colleges and 13 Medical colleges in and around the city. Every year about 8500 engineers and about 3000 doctors are graduating from these colleges.

2. No of Talukas and Population density

Nagpur District is divided into 1874 villages and 14 talukas for the convenience of the administration of Nagpur. There is one Katak Mandal, ten Nagar Parishads, 778 Gram Panchayats and 13 Panchayat Samitis.

The district had a population of 4,653,171 of which 64.26% were urban as of 2011. Nagpur district has following administrative bodies which have jurisdiction over different areas -

• Nagpur Municipal Corporation
• Nagpur Improvement Trust
• Narkhed Municipal Council
• Katol Municipal Council
• Saoner Municipal Council
• Ramtek Municipal Council
• Mowad Municipal Council
• Khapa Municipal Council
• Umred Municipal Council
• Narkhed Municipal Council
• Kamptee Municipal Council
• Kalmeshwar Municipal Council

3. Climate of Nagpur – Low/High Temperature, Pattern of different seasons, avg. rainfall, etc

As it is located at centre of Indian peninsula far from the Bay of Bengal and the Arabian Sea, Nagpur has a tropical wet and dry climate (Koppen climate classification) with dry conditions prevailing for most of the year. It receives an annual rainfall of 1,205 mm (47.44 in) from monsoon rains during June to September. Summers are hot lasting from April to June, with maximum temperatures occurring in May. Winter lasts from November to January, during which temperatures can drop below 10 °C (50 °F).

Climate data for Nagpur
Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
Record high °C (°F) 34.1
(93.4)
37.6
(99.7)
41.4
(106.5)
45.8
(114.4)
47.1
(116.8)
46.4
(115.5)
38.5
(101.3)
35.8
(96.4)
38.0
(100.)
37.1
(98.8)
35.4
(95.7)
33.5
(92.3)
47.1
(116.8)
Average high °C (°F) 28.7
(83.7)
31.2
(88.2)
36.2
(97.2)
40.7
(105.3)
42.4
(108.3)
37.5
(99.5)
31.6
(88.9)
30.5
(86.9)
32.3
(90.1)
32.7
(90.9)
30.4
(86.7)
28.1
(82.6)
33.53
(92.36)
Daily mean °C (°F) 20.8
(69.4)
23.2
(73.8)
27.7
(81.9)
32.5
(90.5)
35.1
(95.2)
31.9
(89.4)
27.9
(82.2)
27.1
(80.8)
27.7
(81.9)
26.4
(79.5)
23.0
(73.4)
20.4
(68.7)
26.98
(80.56)
Average low °C (°F) 12.9
(55.2)
15.1
(59.2)
19.2
(66.6)
24.3
(75.7)
27.8
(82)
26.3
(79.3)
24.1
(75.4)
23.6
(74.5)
23.1
(73.6)
20.0
(68)
15.5
(59.9)
12.6
(54.7)
20.37
(68.68)
Record low °C (°F) 6.3
(43.3)
7.9
(46.2)
9.9
(49.8)
17.3
(63.1)
20.6
(69.1)
20.8
(69.4)
19.3
(66.7)
20.5
(68.9)
16.4
(61.5)
12.4
(54.3)
6.8
(44.2)
5.5
(41.9)
5.5
(41.9)
Precipitation mm (inches) 16
(0.63)
22
(0.87)
15
(0.59)
8
(0.31)
18
(0.71)
168
(6.61)
290
(11.42)
291
(11.46)
157
(6.18)
73
(2.87)
17
(0.67)
19
(0.75)
1,094
(43.07)
Avg. rainy days 1.8 2.2 1.9 1.2 2.9 11.4 17.5 16.5 10.4 4.0 1.3 1.1 72.2
 % humidity 54 43 30 24 27 55 77 80 74 61 55 56 53
Mean monthly sunshine hours 272.0 268.3 287.6 290.8 293.8 186.6 115.4 116.7 182.5 260.4 264.1 268.8 2,807

 

4. Population – Population of Nagpur and break-up into each zone; Sex Ratio – Male to Female Ratio; Literacy Rate

As of the 2011 census, Nagpur municipality had a population of 2,405,421 and the urban agglomeration had a population of 2,523,911. The municipality had a sex ratio of 961 females per 1,000 males and 9.9% of the population was under six years old. Effective literacy was 93.13%; male literacy was 96.16% and female literacy was 89.99%.

Hinduism, Islam, Buddhism and Jainism are four major religions in Nagpur with 66.0%, 11.0%, 20.0% and 1.5% of the population following them. Others are 1.5%. 52.5% of Nagpur's population is in the 15–59 years age category. Around 11% of the population is under 6 years of age.

5. Economy of Nagpur – A brief Note, Economic Drivers

Nagpur is an emerging Metropolis of India and the fastest growing crorepati city. Nagpur has been the main center of commerce in the Vidarbha region since early days and is an important trading center. State and central government offices are a major source of employment.

Sitabuldi Market in central Nagpur is one of the busiest commercial areas of Nagpur. Itwari and Mahal areas host large number of small businesses and are very famous for shopping and crowded especially during holidays.

In the past decade, Nagpur's economy has grown multifold and the city has attracted Rs. 5,000 crore in investment in 2004. It was ranked the 11th most competitive city in the country by the Institute for Competitiveness in its 2012 report. The city is important for the banking sector as it hosts the regional office of Reserve Bank of India, which was opened on 10 September 1956. The Reserve Bank of India has two branches in Nagpur in which one of it houses India's entire gold assets.

Well established as Orange City, Nagpur is also a hub for food grain market in Vidarbha region. The city boasts of Asia’s biggest food grain market complex. This region also produces the biggest yield of cotton.

6. Connectivity to other cities – Road, Rail and Airways

Railways:
Being situated at the centre of the country, Nagpur is a very important roadway and railway junction and a transit for almost all the trains that connect the country lengthwise and breadthwise, especially trains connecting India’s four major metropolises (Mumbai, Delhi, Chennai, and Kolkota) located in the four corners of the country. The main railway station in Nagpur city is the Nagpur Railway Station, while the much smaller Ajni, Itwari, Kalamna, Kamptee, and Khapri are the other railway stations in the city’s vicinity.

Roads:
In addition, Nagpur is a major junction for roadways as India’s two major national highways (Kanyakumari-Varanasi (NH 7) and Howrah-Dhule (NH 6)) pass through the city. Moreover, Nagpur city has come in the national spotlight for its good roads, which were developed as part of the upgradation and renewal works under Integrated Road Development Project (IRDP). In another notable development, the Inland Container Depot at Nagpur run by Container Corporation of India (CONCOR) has been the fastest growing inland port in the country in recent years.

Air:
Domestic airlines such as Indian Airlines, Jet Airways, Spicejet and Indigo connect Nagpur with major cities like Mumbai, Delhi, Hyderabad, Bangalore and Kolkata. Nagpur is set to be a prominent destination on India’s aviation map as the country’s first ever Multi-modal International Cargo Hub (MIHAN) is expected to contribute significantly to the development of the city as well as the Vidarbha region.

7. Types of Industries – Major Industries including Major Government establishments

Most of the industries in the district of Nagpur predominantly are Engineering, Textiles, coal mining and Agricultural based. The existence of fabrication workshop, re-rolling mills, foundries, manufacturing of steel furniture, auto parts, machinery and machinery parts amply prove this point. There is sufficient scope for promotion of ancillary industries based on the existing Large / Medium Scale Industries and Public Sector Enterprises.

Nagpur is the biggest market of Teak Wood in India. There are 3 industrial estates in Nagpur – Butibori MIDC, Hingna MIDC and Kalmeshwar MIDC. The Butibori industrial area serves to be one of the major venues where a large number of Nagpur industries have been put up. In fact, the Butibori region is considered to be the largest in entire Asia in terms of area. The major industries of Nagpur are mentioned below:-

• Texprint Overseas Limited
• ACC Nihon Casting Limited
• KEC International Limited
• Woolworth (I) Limited
• Uniworth Power Limited
• SSP Pvt Limited
• Munis Forge Limited
• Maharashtra Organo LPG Bottling
• Voltas Limited
• ACC Refractory Limited
• Indorama Synthetics (p) Limited
• Premier Irrigation Equipment Industries Limited
• Morarji Mills Limited
• Ferro Alloys Corporation Limited
• Industrial Oxygen Limited
• Fabworth (I) Limited
• SKG Refrigerators
• Nagpur Engineering Casting Co. Ltd
• Abhishek Steel Limited Rerolling Mill

Some of the major public sector, large and medium scale enterprises are given below:
• WCL, Nagpur
• MOIL, Nagpur
• Ordnance Factory, Nagpur
• M.S.E.B., Nagpur
• JSW ISPAT Steel Limited
• Dinshaw’s Dairy Foods Ltd, Nagpur
• Haldiram Group
• VIP Industries Ltd, Nagpur
• Mahindra & Mahindra Ltd, Nagpur
• Sunflag Iron & Steel Co. Ltd, Nagpur
• Sharda Ispat Limited Rolling Mills
• Lloyds Metals & Engineering Ltd., Nagpur
• Lloyds Steel Industries Ltd, Nagpur
• Central Railway, Nagpur
• S.E. Railway, Nagpur
• Murli Agro Products Ltd., Nagpur
• Shakti Press Ltd., Nagpur
• NTPC, Nagpur
• Perfect Spinners Ltd.,
• SKG Refractories Ltd., Nagpur

Mining: Owing to natural resource richness of region, mining is a major activity. Several government organizations related to Mining industry are based in Nagpur. Following is the list of few such organizations:
• Western Coalfields Limited (WCL)
• Manganese Ore India Ltd. (MOIL)
• Indian Bureau of Mines (IBM)
• Mineral Exploration Corporation Limited (MECL)
• National Institute of Miners Health (NIMH)
• Maharashtra State Mining Corporation Ltd. (MSMC)
• Directorate of Geology and Mining, Govt. of Maharashtra

8. Major Occupation – Salaried / Self Employed / Blue Collar

Traditionally Nagpur had been a trading center. It has been the centre of commerce in the Vidarbha region since early days and currently is a large trading center for a number of commodities and services. Earlier Central and State government jobs were much sought after.

Since the last decade, with growth of industries in engineering, agro and power sector, there has been a good demand for blue and white collared jobs. Being an education hub of Central India, Nagpur has attracted salaried class people from different parts of the country and is truly a cosmopolitan city. With emergence of many engineering and medical colleges as well as reputed schools in the last few years, there has been a spurt of jobs in the education sector too.

Nagpur is currently riding the crest of demand generated by its strong industrial base and growing service sectors like IT, ITES and BPO players who are eagerly moving in. The coming of corporate and service sector majors has in turn opened up a huge reservoir for employment.

It ranked an impressive second by a Knight Frank Study listing India's top 15-emerging growth centers.

9. Major Water bodies

Nagpur city is dotted with natural and man-made lakes with Ambazari being the largest. Other natural lakes include Gorewada Lake and Telangkhedi lake. Sonegaon and Gandhisagar lakes are man-made, created by the city's historical rulers. Nag river, Pilli nadi along with nallas form the natural drainage pattern for the city.

Gorewada Lake is the major source of drinking water for the city, with 24.05 lakh population. Of 650 million litres per day (MLD) potable water supplied to the city, 420 MLD comes from Gorewada lake while the rest comes from Kanhan river. In fact, Gorewada is the only water reservoir for Nagpur Municipal Corporation (NMC). It receives around 155 million meter cube (MMC) water every year from Totladoh reservoir (popularly known as Pench). Besides, the lake's natural water sources - one river and two streams - are still live, and keep the catchment area full throughout the year.

Nagpur is known for its greenery and was judged as the cleanest and second greenest in India after Chandigarh. Recently, the government of India selected Nagpur as a Model City for the 'National Clean Air Mission' by allocating 25 crores for the plan. This project will be handled by Nagpur's own NEERI.

10. Demand of Housing – Source to be mentioned

MIHAN will provide direct employment to 150,000 people and indirectly provide employment to 300,000 people. Additionally, the combined employment potential of the various upcoming SEZs in the area will provide employment to another 500,000 people. This means, around 4 million people will inhabit the surroundings of MIHAN within the next 5-10 years.

This has created a huge demand for real estate, homes, multiplexes etc. Hence this is the right time to go for projects to satisfy this huge demand for housing and infrastructure. No wonder then, that big groups like SAHARA, SHAPOORJI PALLONJI, Mahindra & Mahindra, Satyam have acquired huge lands ranging from 100 acres to 300 acres each for building townships of their own.

11. Migrants into the City – Cities from where skill workforce is coming in Nagpur

Being the biggest city and trading center of Central India as well as Vidarbha region, there is heavy influx of migrants from many Tier II & III cities in this region to Nagpur. With new industries coming up and growing service sectors like IT, ITES and BPO players who are eagerly moving in, there is a huge demand for people for white collar as well as blue collared jobs resulting in influx of people from different regions of the country. The coming of corporate and service sector majors has in turn opened up a huge reservoir for employment. MIHAN has added to the demand for skilled and semi-skilled workers as well as professionals. Apart from this many people who a decade back had moved out of Nagpur due to few employment opportunities are now shifting their base to Nagpur which not only provides them better jobs but quality infrastructure and growth opportunities.

12. Approval Authorities –Approval Authorities providing approvals for different regions and functions.

Nagpur is administered by the Nagpur Municipal Corporation (NMC) which is a democratically elected civic governing body. The city is divided in 10 zones which are in turn divided into 145 wards. Each ward is represented by a corporator, majority of who are elected in local elections. Nagpur District is divided into 1874 villages and 14 talukas for the convenience of the administration of Nagpur. There is one Katak Mandal, ten Nagar Parishads, 778 Gram Panchayats and 13 Panchayat Samitis.

Nagpur Improvement Trust (NIT) is a local civic government body with the task of developing new areas within city limits of Nagpur and maintaining existing city infrastructure. Trust works along with Nagpur Municipal Corporation (NMC). Its major responsibilities include - housing schemes, rebuilding of certain city pockets, maintaining city streets, drainage and sanitation and city improvement schemes. NIT act of 1936, allows NIT to acquire land from surrounding rural areas to develop into new urban layouts. Money needed to acquire these lands and develop them is recovered back by the auction to general public when they are ready. Once a new area of the city is developed by NIT it is handed back to NMC for maintenance. NMC then recovers the money in form of various taxes from the residents of which two percent is given back to NIT. NIT in turns has the responsibility to provide drinking water and sewage disposal for these areas. NIT also distributes significant land acquired to weaker sections of the society at considerably lower rates. NIT also undertakes the work of regularization of unauthorized residential zones. NIT is also responsible for maintaining the 8 major gardens and 40 mini gardens in Nagpur. Various lakes and city monuments that come under the jurisdiction of local bodies are maintained by NIT.

13. Infrastructure – Road (Current & Proposed), Water, Power, Gas, Industrial Parks & SEZs and others, Social Infrastructure (School & Hospitals)

13.01 Known as the second capital of Maharashtra State, the city has good laid out roads and a well spread development is going on. It is a cosmopolitan tier two city of not only Maharashtra but India. In recent survey it has been found that Nagpur is the second most cosmopolitan city in India after Mumbai. It has excellent roads, water, power and telecommunication infrastructure. It has been awarded as India’s No. 2 green city.

Nagpur is a major railway junction of the Western Railways, which is provided with a good network of railways that connects Nagpur with the different parts of India. Nagpur Railway Station is the main railway station of Nagpur, whereas Itwari, Kalamna, Ajni, Khapri, Kamptee, etc. are the sub-stations joining the Nagpur railway station.

13.02 Besides the railways, the roadways also contribute towards the Nagpur infrastructure. Nagpur possesses two major highways known as Howra-Dhule (Number 6) and Kanyakumari-Varanasi (Number 7). The Integrated Road Development Project of Nagpur is an endeavor of the Government of Nagpur to strengthen the infrastructure in Nagpur. Furthermore, the Inland Container Depot at Nagpur is another program that works towards this cause.

13.03 Nagpur possesses India's first Multi-modal International Cargo Hub, which is also
known as MIHAN. MIHAN works for the economically backward Vidarbha area in Nagpur. The decision of Boeing to set up a 185 million dollars maintenance base in Nagpur is another impetus to the Nagpur infrastructure.

13.04 Almost 47% of Maharashtra state power is generated in and around Nagpur

13.05 Water supply to Nagpur City is drawn from three surface sources viz. Gorewada
Tank, Kanhan River and Pench Canal. Existing water distribution system of Nagpur city consists of approximate 2100 km. of pipe network is broadly divided into three areas viz.

• North / East / South part of Nagpur City with water supply from Kanhan
Head Works and WTP.

• North / West / South / Central part of Nagpur city with water supply from
Pench Project and WTP at Gorewada.

• North / Central part of Nagpur City with water supply from both the
sources i.e. Pench and Kanhan

13.06 MIHAN -- Multi-modal International cargo Hub and Airport is an airport project at
Dr. Babasaheb Ambedkar International Airport, Nagpur. It is one of the biggest ongoing economic development projects in India. Total land being acquired for the MIHAN project is around 4,025 hectares out of which 2,086 hectares would be (Special Economic Zone) SEZ. Till date 2,468 hectares of land has already been acquired and the process of acquisition of remaining land has been initiated. The main aim of the project is to take advantage of the central position of Nagpur and develop the present airport into a major cargo hub with integrated road and rail connectivity. Government of Maharashtra has developed a special purpose entity-Maharashtra Airport Development Corporation (MADC for development of MIHAN).

Project MIHAN is primarily divided into two parts which includes:

1) Special Economic Zone (SEZ): A Special Economic Zone (SEZ) with residential zone on the southern end of Nagpur. SEZ will be adjacent to the Nagpur Airport, spread across 1475 hectares which will have the following :
• Information Technology Park (IT Park) spreading across 400 hectares will have all the requirements of setting and operating an IT industry.
• Health City-spreading across an area of 60 hectares will have a number of multi-specialty hospitals and training institutes for nurses and medical technicians.
• Manufacturing industry unit that would include industries from sectors like textile and garment, gems and jewelry, food processing, pharmaceuticals and bio-medical.
• Captive power plant-Eco-friendly coal based plant would generate uninterrupted power to meet all the electricity consumption at most economical rates for the entire SEZ.

2) International Airport: International Airport will act as a cargo hub

MIHAN will have two, four and six lane roads. The total internal length of roads would be around 51 kms. There would be two flyovers built over the NH-7 which runs on one-side of the project. These flyovers would help connect MIHAN with the other side of the highway without causing traffic congestion.

14. Real Estate Demand and Drivers in different zones of Nagpur

There is no doubt that Nagpur is ready to take off as the city of 21st century & the real estate prices are going to shoot off the roof. Though the real estate prices have never been this high in the last decade or so, the recent developments are encouraging the investors and property buyer to profit from it. The developments at MIHAN, SEZ project and other establishment of other satellite towns and facilities are compelling the demand out go supply and availability of land. Along with that the boom in the number of IT and ITES companies in Nagpur, the city is also witnessing a corresponding boom in its realty prices. Real estate prices generally fluctuate as per three parameters: demand-supply ratio, site location and the perception of the prime purchaser.

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, which figure high in plans for New Nagpur, have seen a sharp rise in prices.

This price rise is completely new to the Nagpurians. Earlier buying a land or investing in real estate in Nagpur was not such good idea. But considering all these fact, the property rates have increased to about 70% to 300% depending on the location. However, over the last two years, the rate has increased to a more robust 20-25 per cent per annum.

There are many reasons to believe that the same growth performance may continue in the coming period. Political stability, an industry-friendly environment, stupendous support from government & local bodies for infrastructure developments, less labour issues and unionism & other social and cultural factors are the biggest drivers for real estate growth anywhere; Nagpur has been fortunate on all counts.

15. A Note on Nagpur Residential

Major locations: We have classified the real estate space in Nagpur into five distinct zones viz. North Nagpur, South Nagpur, East Nagpur, West Nagpur and Central Nagpur.

A) North Nagpur: Byramji Town, Friends Colony, Zingabai Takli, Koradi Road, K. T. Nagar, Mecosabag, JariPatka, Indora, Tekanaka.
Key Highlights:

• Friends Colony is one of the largest suburban townships on Katol Road. It is a cosmopolitan area with tall buildings and duplex flats donning the landscape.
• Famous locations in Sadar include NIT building, Karachi Stores, Kasturchand Park, IT Park, Anjuman Engineering College complex, Govt. Polytechnic, Governor’s House, Mangalwari Bazaar, Dinshaws & Tuli Hotel.
• Byramji town is one of the prominent upscale residential areas in North Nagpur. The capital values range from INR 5,500-INR 6,500 psf.
Growth Stimulators:
• Teka Naka is one of the biggest transport zones in central area. Many transporters, commercial vehicle owners reside in this area.
• Mecosabagh, located near Kamptee Highway, is famous for its Football and Cricket clubs. Located adjacent to Byramji town is one of the posh localities of Nagpur.
• Indora comprising of 60% Buddhist population, also houses 40% Sindhi population in the subarea Jaripatka. It’s one of the most populated micro-market of Nagpur

B) South Nagpur: Hanuman Nagar, Manewada, Somalwada, Besa, Trimurti Nagar, Narendra Nagar, Wardha Road, Pratap Nagar, Swavalambi Nagar, Chinchbhuvan.

Key Highlights:
• Besa in South Nagpur is well known for its plot projects.
• Somalwada has witnessed a lot of residential development in the last 4-5 years and there is considerable construction activity going on in this area.
• Trimurti Nagar is one of the most peaceful and tranquil areas of Nagpur. It has grown rapidly in the past few years.
• Besa, Beltarodi are some of the upcoming residential areas in South Nagpur.
• Narendra Nagar and Manish Nagar within South Nagpur are also well developed residential areas and are witnessing rapid residential growth in recent years.
• • Chichbhavan again in South Nagpur has shown good potential in terms of potential growth area being close to MIHAN and with good connectivity to Wardha Road.
• Vidarbha Cricket Association (VCA) has constructed a cricket stadium of international standards at Jamtha. The stadium is located on NH 7, 18 kms from Nagpur.

Growth Stimulators:
• Butibori Industrial area houses some prominent industries like Indo Rama Synthetics, Videocon group, besides several medium-sized units which manufacture a variety of products.
• Southern Nagpur is rapidly witnessing huge residential supply due to the MIHAN project.

C) East Nagpur: Wanjari, Old Bhandara Road, Panchpaoli, Reshim Bagh, Ayodhya Nagar, East Wardhaman Nagar, Lakadganj, Deshpandey Layout, Surya Nagar..

Key Highlights:
• Wardhaman Nagar and Surya Nagar are the upscale residential areas in Nagpur. These are one of the few cosmopolitan places in the city where people from several different communities, speaking different languages live together.
• Wanjari Nagar is one of the upscale areas of South Nagpur which is mostly residential.
• Itwari is famous for its wholesale food grain market and Sarafa Bazar for cloth and medicines.
• The famous medical square forms a part of the eastern part of Nagpur. This square derives its name from the Government Medical College in Nagpur.

Growth Stimulators:
• East Nagpur is one of the preferred residential locations for the business community; despite being congested, it still finds preference with the business community. There is not much scope for new development, as such, the stress is on redevelopment. Due to the space constraint, new development is possible only in the outskirts, near Bhandara Road.
• Mominpura popularly known as the Chandni Chowk of Nagpur. Famous biryani delicacies can be enjoyed here at ML Canteen, Babbu, Bartania and many more eating joints are open overnight. Mayo hospital and Jama Masjid are part of Mominpura.
• Asia's biggest wood market is at Lakadganj, East Nagpur.
• Kalamna is one of the largest wholesale markets for oranges and grains in Asia. It also has few small scale industries and a transport base in East Nagpur.
• Deshpandey Layout is one of the most sought after premium residential areas in East Nagpur.

D) West Nagpur: Shivaji Nagar, Amravati Road, Dharampeth, Laxmi Nagar, Ram Nagar, Vayusena Nagar, Jaitala, Higna Road, Bajaj Nagar, Ravi Nagar.

Key Highlights:
• Laxmi Nagar and Shraddhanand Peth are posh residential areas in West Nagpur.
• Dharampeth is also known for its upscale residential market.
• West Nagpur is witnessing some of the good residential development at Seminary Hills and Cement Road.

Growth Stimulators:
• West Nagpur is a preferred residential location for the salaried class and professionals. The area is well planned with good infrastructure facilities and it provides reasonable potential for new development.
• Seminary Hills is home to educational institutes like SFS College, Center Point School and offices like Air Force, CGO Complex, TV Tower. For entertainment there is the Joggers Park, Deer Park, Toy Train and swimming pools.
• Dharampeth is noted for a variety of up-scale shops, restaurants and a retail vegetable market. It also doubles up as an everyday hang-out for the Nagpur youth and is one of the major shopping areas in West Nagpur.
• Haldiram's Krazy Castle Aqua Park, near Ambazari Lake, is a big attraction for children.
• Ravi Nagar, Shivaji Nagar and Bharat Nagar are amongst upscale locations in West Nagpur and are famous for the high end residential projects.

E) Central Nagpur: Sitabuldi, Sadar, C A Road, Mahal, Civil Lines, Chhoti Dhantoli, Ramdaspeth, Cotton Market, Gandhi Sagar Lake.

Key Highlights:
• The Civil Lines houses most of the government offices and premium residences in Nagpur including the Bombay High Court bench and the Vidhan Bhavan. The area is noted for its greenery, roads and cleanliness and its upscale residential properties.
• Mahal is the old part of Nagpur and is noted for its relatively narrow streets and crowded residential quarters.
• Sadar, close to railway station, is famous for shopping and is a very prominent location in Nagpur.
• CA Road, Civil Lines are some of the prominent locations in Central Nagpur, preferred by the business community.

Growth Stimulators:
• Sitabuldi is the main commercial part of the city. It contains numerous shops of all sizes and the largest wholesale vegetable market in Nagpur.
• Dhantoli is one of the most exclusive residential areas in Nagpur. This locality is home to several business tycoons, corporate high rollers, professionals and artists.
• Ramdaspeth is the location for many upscale and prominent residences. The neighbourhood also boasts of numerous upscale shops, public and private offices.
• TATA Group started the country's first textile mill-Central India Spinning and Weaving Company Ltd., at Nagpur. The company was popularly known as Empress mill as it was inaugurated by Queen Victoria. The project Empress City is located on the erstwhile Empress Mills space.
• CA Road is one of the longest roads in Nagpur, starting from Central Avenue and extending right up to the Eastern end of Nagpur.
• Famous locations in Sadar include NIT Building, Karachiwala Mall, Kasturchand Park, SFS School, Anjuman Engineering College complex, Government Polytechnic, Governor's House, Mangalwari Bazar and Dinshaws. Hotel Tuli International is one of the prominent hotels present in this area.
• Sitabuldi market in Central Nagpur, known as the Heart of the city, is the major commercial market area.

16. Avg Residential Rates and Product Mix in different zones of Nagpur

North Locations

Average Rates (INR./Sft.)

Average Rentals for 2 BHK (INR/month)

Zingabai Takli

3,000.00

6,000.00

Koradi Road

2,500.00

5,000.00

K.T. Nagar

3,000.00

6,000.00

Hazari Pahad

3,500.00

7,000.00

Godhani Road

2,600.00

5,000.00

Gorewada

2,600.00

5,000.00

Byramji town

6,000.00

12,000.00

Friends Colony

4,000.00

8,000.00

 

South Locations

Average Rates (INR./Sft.)

Average Rentals for 2 BHK (INR/month)

Besa Chowk

2650.00

6000.00

Pratap Nagar

3800.00

7000.00

Narendra Nagar

3600.00

7000.00

Trimurti Nagar

3400.00

6500.00

Manewada

3000.00

5000.00

Chinchbhuvan

2400.00

5000.00

Somalwada

4000.00

8000.00

Hanuman Nagar

4500.00

9000.00

 

        East Locations

Average Rates (INR. /Sft.)

Average Rentals for 2 BHK (INR/month)

Nandanwan

3000.00

4500.00

Reshim Bagh

2800.00

6000.00

Wanjari Nagar

2900.00

4500.00

Old Bhandara Road

3400.00

6000.00

Panchpaoli

3200.00

6000.00

Ayodhya Nagar

3000.00

4000.00

Wardhaman Nagar

4000.00

7500.00

Pardi

2500.00

5000.00

Surya Nagar

4000.00

8000.00

 

       West Locations

Average Rates (INR. /Sft.)

Average Rentals for 2 BHK (INR/month)

Jaitala

2800.00

5000.00

Rani Laxmi Nagar

7000.00

15000.00

Swavalambi Nagar

4000.00

8000.00

Shivaji Nagar

8000 – 8500

14000.00

Hingna Road

2400 – 2800

3000.00

Amravati Road

3200.00

6000.00

Dharmapeth

8000.00

15000.00

Ravi Nagar

7000.00

13000.00

 

Central Location

Average Rates
(INR. /Sft.)

Average Rentals for 2 BHK (INR/month)

Chhoti Dhantoli

7000.00

15000.00

Cotton Market

4000.00

7500.00

Ramdaspeth

8,000 – 9,000

12000.00

Great Nag Road

3600.00

7000.00

Gandhi Sagar Lake

3500.00

7500.00

Sitabuldi

7000.00

15000.00

C A Road

5000.00

10000.00

Mahal

3500 – 3700

8000.00

Civil Lines

8000 – 9000

15000.00

Sadar

8000.00

16000.00

 

1. Approval Authority for the proposed project.
Nagpur Municipal Corporation

2. Water, Electricity and Gas Availability at the project.
Being within the Municipal limits, gives to this project access to drinking water, sewerage facilities, DP roads and all infrastructure facilities that are available to residential areas situated within Nagpur Municipal Corporation limits. Electricity is available at the site.

3. Nearby Infrastructure of the Project – Shops, Banks, Hospitals, Roads, Areas, Schools, etc
A large-scale retail centric mall is coming up within 2 kms of the site. Apart from a shopping mall, it will have convention center and superior commercial offices. The site is close to Health City which will be a part of the MIHAN project.

The site is very close to reputed schools like Narayana Vidayalam, DY Patil International School and Royal Gondwana Public School.


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