Saturday, November 1, 2008
Project Features Of VCA
( Vidarbha Cricket Association) an Upcoming project of Nagpur, on which the work of construction has started. The project is building cricket stadium of International standards. This project is also on National Highway no.7 at 18Kms from Nagpur.
Project Features Of SAHARA
SAHARA Township , ( Amby-Valley ) Sahara City Homes coming up with Township in 217 cities including Nagpur with min 102 acres on National Highway no. 7 which is connecting to CIDCO.
Project Features Of SATYAM CITY
Satyam Computers has acquired 400 acres of land on National Highway no.7 to develop fully integrated Township on 19 Kms from Zero Mile, Nagpur.
Project Features Of CIDCO
This township assists Nagpur in fulfilling its status as the second capital of Maharashtra. MIDC has developed a few industrial areas around Nagpur. In terms of CIDCO’s participation to this effort, a team of planners has visited the place and prepared feasibility reports and a tentative plan for the construction of the new city. This new development will assist Nagpur in emerging as the latest industrial magnet of India. The proposed CIDCO township has acquired 2500 Acres of land on National Highway no.7 which is a way to our proposed land.
Major Projects in Nagpur
A) Project Features Of International Air Cargo Hub (MIHAN):The Government of Maharashtra with the co-operation of Government of India is developing the existing Nagpur airport as Multi-modal International Passenger and Cargo Hub Airport at Nagpur (MIHAN) Project. This includes the upgradation of existing airport to an International standard and expanding it by constructing the second parallel runway, most modern passenger and cargo terminal building with the state of the art facilities for passenger, baggage and cargo handling. The whole design for the airport has been prepared by M/s L & T Ramboll Consultants along with Zurich Airport. They are following the consultants report for the development of airport and other allied facilities.This MIHAN project is supported by the following development.i.International Airportii.Special Economic Zoneiii.IT Park Health Cityiv.Manufacturing Unitsv.Captive Power Plantvi.Rail Road Terminalvii.International Schoolviii.Leading IT companies and other industrial and manufacturing companies have already booked the land in MIHAN, SEZ. Some of them are –M/s Satyam Computer Services LtdM/s Shapoorji Pallonji & Co.M/s L & T InfocityL & TDLFOther companies which have registered their demands for land are Max Aerospace, Go Air, Tata Consulting Services, Patni Computer Systems Ltd. etc.Road and Rail Terminal spread over 400 Acres as logistical center taking geographical advantages of Nagpur.
MIHAN Dream
It is amazing to see the 340 sqkm of area related to Cargo would transform into Nagpur suburb; how it would develop? from where the investment will come? and how many locals will commit long term investments for residential cause?
Or only this is speculation? Very difficult to answer. But dont worry Nagpurestate-study-team finds it out for you with its perisodic dialogues and visits to the area and meeting with larnge to small the investors in this field.
Nagpurestate-team advices small investors to go slow before commiting long-term investments. As the geomorphorphogy of Nagpur and Wardha road is that of plain,vast area would still be available for suitable residential purpose in and around. There is no need to panick and jump into high value transactions unless clear developmental picture emerges which any would take another 1.5 year. As of now most of the investment comes from NRI and trader community. The stock market boom and property prices in Nagpur has direct correlation.
Or only this is speculation? Very difficult to answer. But dont worry Nagpurestate-study-team finds it out for you with its perisodic dialogues and visits to the area and meeting with larnge to small the investors in this field.
Nagpurestate-team advices small investors to go slow before commiting long-term investments. As the geomorphorphogy of Nagpur and Wardha road is that of plain,vast area would still be available for suitable residential purpose in and around. There is no need to panick and jump into high value transactions unless clear developmental picture emerges which any would take another 1.5 year. As of now most of the investment comes from NRI and trader community. The stock market boom and property prices in Nagpur has direct correlation.
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