Samruddhi Circle in Nagpur has become a premier investment destination with land prices surging 3.7x since 2015 and projected to grow 5.2x by 2035. Boosted by infrastructure like the Samruddhi Expressway and Metro Rail, this Tier-II city micro-market offers high investment potential. Experts highlight Nagpur's transformation into India's key real estate hotspot.
Nagpur’s real estate market is thriving due to infrastructure upgrades, Smart City projects, and strategic location, driving property prices up by 58% in key areas like Hingna Road.
Nagpur's real estate market witnesses rising interest in mid and luxury homes as economic opportunities and strategic infrastructure drive buyer confidence.
The Nagpur Metro Rail Project is transforming urban connectivity, sparking increased property demand along key corridors as residents seek improved access to commercial hubs and residential developments.
Surabhi Chemicals, recently acquired by Mahadhan Vincom, is venturing into real estate with projects planned in Nagpur, Surat, and Vadodara. The company intends to invest Rs. 30 crore, focusing on western India.
Studio apartments, despite their small size (avg. 350 sq. ft.), are witnessing rising demand due to affordability and low maintenance costs.
Mirah Group consolidates real estate business, eyes large townships in Mumbai, Pune, and Nagpur, alongside expanding F&B and hospitality ventures.
Goel Ganga group expands, delivering 10,000 flats in 3 years, investing Rs 5,000 crore in Pune, Bangalore, Mumbai, and Nagpur, with new hospitality ventures.
Berggruen Holdings enters India's real estate market with significant investments in commercial and residential projects amidst a challenging market scenario.
Maharashtra, known as the 'Power House of India', is witnessing rapid development in both residential and commercial real estate. The state's industrial growth has boosted real estate demand in cities like Mumbai, Pune, and Nagpur.
IVRCL to sell high-priced land, focusing on low-cost housing amidst real estate downturn