Ring Road area, Nagpur

Nearby Localities
Koradi Road, Zingabai Takli

About

Overview of Ring Road Area, Nagpur

Property Prices
  • Flats in Nagpur's Ring Road area cost around Rs 4100 per square feet.
  • Land rates here are about Rs 6000 per square feet.
Location and Connectivity
  • The Ring Road area is a suburban hotspot in Nagpur, often seeing big jumps in property values.
  • It's close to major infrastructure projects like the Nagpur Metro Rail and the expansion of Dr. Babasaheb Ambedkar International Airport, though these are city-wide developments.
Growth and Appreciation
  • Specific appreciation rates for the Ring Road area aren't given, but suburban hotspots in Nagpur generally appreciate 15-20% each year.
  • Nagpur's overall real estate market is growing, thanks to better connectivity and infrastructure.
Infrastructure and Development
  • The Ring Road isn't as detailed as the Outer Ring Road, but it's part of Nagpur's broader infrastructure. The city's inclusion in the Smart Cities Mission and projects like the Nagpur Metro Rail suggest a positive outlook for the area's infrastructure.

Key Highlights

  • Flat Prices: Rs 4100 per sq ft
  • Land Rates: Rs 6000 per sq ft
  • Appreciation: Expected to match suburban hotspots (15-20% annually)
  • Connectivity: Benefiting from city-wide infrastructure improvements
  • Growth Potential: High due to Nagpur's overall real estate market

PropertyWala's Conclusion

Nagpur's Ring Road area is a promising spot for real estate investment. Its competitive pricing and the city's strong infrastructure make it a good choice. With Nagpur's strategic location and ongoing urbanization projects, this area is likely to see big growth and appreciation. For more precise and localized insights, it's wise to consult local real estate experts or do a thorough market analysis.

Nearby

  • Transport

    • Hindustan Petroleum (<1 km)
    • Nagpur Junction railway station (~6 km)
    • Kalamna (~7 km)
    • Sitabuldi (~8 km)
    • Nagpur Main Bus Stand (~8 km)
    • Dr. Babasaheb Ambedkar International Airport (~17 km)
  • Shopping & Dining

    • The Indian Grill (<1 km)
    • Arina cafe and Hotcup (<1 km)
    • D Mart (~3 km)
    • Poonam Chambers (~4 km)
    • Empress Mall (~6 km)
    • Cotton Market (~7 km)
  • Healthcare

    • Dr. P. A Hiwarkar Clinic (<1 km)
    • Janta Maternity Home and Hospital (~1 km)
    • HERD Pharmacy Byramji Town (~2 km)
    • ALEXIS MULTISPECIALITY HOSPITAL PVT. LTD. (~3 km)
    • MedPlus (~3 km)
    • Shubham Nursing Home (~4 km)
  • Education

    • Anjuman High School & Jr College (~4 km)
    • Tidke School & AG College (~4 km)
    • Tripude Institute Of Management Education (~5 km)
    • Vasantrao Naik Government Institute of Arts and Social Sciences (~6 km)
    • Visvesvaraya National Institute of Technology (~12 km)
    • Visvesvaraya National Institute of Technology Library (~12 km)
  • Leisure & Entertainment

    • Dayanand Park (~1 km)
    • PVR Empress City (~6 km)
    • Vasantrao Deshpande Hall (~7 km)
    • Yashwant Stadium (~8 km)
    • VNIT Sports Complex (~11 km)
    • Gorewada Zoo (~13 km)
  • Services

    • Jaripatka Police Station (<1 km)
    • Axis Bank Branch (<1 km)
    • HDFC Bank ATM (~1 km)
    • National Academy Of Direct Taxes (~3 km)
    • India Post - Ravi Nagar Sub - Post Office (~8 km)
    • Fire Brigade and Emergency Services, Sakkardara (~11 km)
  • Religious Places

    • St. Martin De Porres Church (~1 km)
    • Taj Auliya Darbaar (~3 km)
    • Shi'a Imami Ismaili Jamatkhana (~3 km)
    • Chaoni Mosque (~4 km)
    • Sai Mandir (~4 km)
    • Gurudwara Singh Sabha Nagpur (~4 km)
  • Business & Hospitality

    • Mango Hotels (~6 km)
    • Koradi Thermal Power Station (~8 km)
    • Food Corporation Of India (~11 km)
    • Nagpur IT Park (~13 km)
    • Radisson Blu Hotel Nagpur (~13 km)
    • Khaparkheda Thermal Power Station (~14 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Ring Road

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News

Nagpur Plans ₹1,600 Crore Ring Road Service Road and Logistics Parks

Indiatimes · · Infrastructure

More than ₹1,600 crore of service-road work is underway around Nagpur’s ring road, alongside plans for logistics parks and other traffic-reduction measures.

Key facts

Union minister Nitin Gadkari said work worth over ₹1,600 crore is underway on a service road around Nagpur’s ring road. Plans include logistics parks at the city’s four corners and possible “Transport Nagars” on its outskirts. Infrastructure development is planned along the Sindi dry port–Butibori corridor; major cities in every direction are within a 1.5–2-hour flight from Nagpur. Gadkari said the central jail’s relocation has been decided, tenders to redevelop Cotton Market and Santra Market will be issued soon, and land acquisition has begun to four-lane the Mayo Hospital–Shaheed Chowk road. Godowns and market areas in congested parts of the city, including Kirana Market, are to move to Kalamana to reduce traffic and pollution. He spoke at the Confederation of Indian Industry’s “Logistics Talent for Tomorrow” seminar on Saturday.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Sale Properties

4 Bedroom Independent House for sale in Koradi Road area, Nagpur
₹ 1 - 1.5 Cr

Independent House for sale in Koradi Road

₹ 1 - 1.5 Cr

  • 2,200 SqFeet
  • Within 3 Months

4bhk independent 2200 sqft house in Koradi Naka

: We have a house/villa available for sale in Koradi Naka, Nagpur. It has plot area of 2200 sq ft. It has 4 bhk, 1 bathroom, 2 balcony.It is a freehold property
Posted: by Dr Shive Kumar
Property ID: P239612829

Price Trends

Locality ID
A578611101
PinCode
440024