NAGPUR,INDIA THE HOT NEW INVESTMENT DESTINATION

Nagpur is South east asia's and India'sone and only cargo hub cum hub airport which willtransform it into a world trade city.
The combined investments committed as of date invarious projects is more thanRs.50,000crores.Additionally,Nagpur MunicipalCorporation is pumping another 6000crores intodeveloping the metro city infrastructure.
MIHAN project will give direct employment to close to1,50000 people and indirect employment to another4,50,000 people.The various SEZ's in butibori willprovide equal amount of Employment.
All these adds up to a huge population migration intothe city resulting in current housing demand of500,000 new homes.
Nagpur is expected to have a population of close to75lakhs by 2015 when majority of the projects will beon or nearing completion.
All this is putting pressure on land prices which isslated to rise @100% plus for the next 4-5yearsatleast.

Nagpur, the center of India is fast becoming the center of attraction for global investments due to the following reasons:
Mihan International airport cum cargo hub(MIHAN):
http://www.youtube.com/watch?v=RF1s6rKqv00
http://www.madcindia.org/
Spread across 10,000Acres,MIHAN project will transform this tier 2 Indian city into a world trade city .In addition 7special economic zones are being setup:
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 will experience a huge growth in production and export of textile and allied products. The employment opportunity provided by this sector will be in 100’s of thousands.
IT and ITES:
The IT SEZ’s of companies like HCL computers, MANTRI,Satyam, Raheja, Dell, IBM, Hexaware will provide huge employment opportunities for the hundreds of thousands of engineers in the area.
The IT sctor 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.
The land prices in the vicinity of MIHAN, Nagpur are expected to keep rising on an average of 100% over the next 4-5years due to emergence of Nagpur as South East Asia’s Hub airport cum Logistics hub from where goods can be transported to anywhere in the world within 12hours.

This is the right time to capitalize on the ground situation and take a position in Nagpur Real estate. There is huge potential for all kinds of projects in this part of the world where a whole new international metro city is being built from scratch.
Companies In Nagpur, Mihan:
Reliance Industries
DLF
SATYAM computers Services Ltd.
Hcl Computers Ltd
DELL
IBM
HEXAWARE
ASCENDAS Pte. Ltd
BOEING International Corporatio
SHAPOORJI PALLONJI & Co. Ltd.
L & T Infocity Ltd
RMZ Corp
Max Aerospace & Aviation Ltd.
Wipro Ltd
Vipul Karamchand Group
TATA Consultancy Services Ltd
TAL Manufacturing Solutions Ltd
Reatox Builders and Developers Ltd
Ispat Industries Ltd
Dr.D.Y.Patil University
Ambuja Realties Ltd
Gitanjali Gems and Jewellery