Tuesday, May 27, 2008

NAGPUR CITYS COMPLETE HISTORY

History

Human existence around present day Nagpur city can be traced back 3000 years to 8th century BC. Menhir burial sites at Drugdhamna(near Mhada colony) indicate megalithic culture existed around Nagpur and is still followed in present times[13]. The first reference to the name Nagpur is found in a 10th century copper-plate inscription discovered at Devali in the neighbouring Wardha district. The inscription is a record of grant of a village situated in the visaya (district) of Nagpura-Nandivardhana during time of Rastrakuta king Krsna III in the Saka year 862 (940 CE). [14][15] Inscription found at Ramtek show that during the 12th century AD Nagpur and its surrounding regions formed the part of the thickly wooded country called Jhadimandala under Yadavas of Devagiri.[16] However, tradition ascribes the founding of Nagpur to Bakht Buland, a prince of the Gond kingdom of Deogarh in the Chhindwara district. In 1743, the Maratha leader Raghoji Bhonsle of Vidarbha established himself at Nagpur, after conquering the territories of Deogarh, Chanda and Chhattisgarh by 1751. After Raghoji's death in 1755, his son and successor Janoji was forced to acknowledge the effective supremacy of the Maratha Peshwa of Pune in 1769. Regardless, the Nagpur state continued to grow. Janoji's successor Mudhoji I (d. 1788) came to power in 1785 and bought Mandla and the upper Narmada valley from the Peshwa between 1796 and 1798, after which Raghoji II (d. 1816) acquired Hoshangabad, the larger part of Saugor and Damoh. Under Raghoji II, Nagpur covered what is now the east of Maharashtra, Chhattisgarh, Orissa, and parts of Madhya Pradesh and Jharkhand.

In 1803 Raghoji II joined the Peshwas against the British in the Second Anglo-Maratha War. The British prevailed, and Raghoji was forced to cede Cuttack, Sambalpur, and part of Berar. After Raghoji II's death in 1816, his son Parsaji was deposed and murdered by Mudhoji II. Despite the fact that he had entered into a treaty with the British in the same year, Mudhoji joined the Peshwa in the Third Anglo-Maratha War in 1817 against the British, but was forced to cede the rest of Berar to the Nizam of Hyderabad, and parts of Saugor and Damoh, Mandla, Betul, Seoni and the Narmada valley to the British after suffering a defeat at Sitabuldi in modern-day Nagpur city. The Sitabuldi fort was the site of a fierce battle between the British and the Bhonsle of Nagpur in 1817. The battle was a turning point as it laid the foundations of the downfall of the Bhonsles and paved the way for the British acquisition of Nagpur city.[17]Mudhoji was deposed after a temporary restoration to the throne, after which the British placed Raghoji III the grandchild of Raghoji II, on the throne. During the rule of Raghoji III (which lasted till 1840), the region was administered by a British resident. In 1853, the British took control of Nagpur after Raghoji III died without leaving a heir.

Central Provinces and Berar, 1903. Princely states are shown in yellow.
Central Provinces and Berar, 1903. Princely states are shown in yellow.

From 1853 to 1861, the Nagpur Province (which consisted of the present Nagpur region, Chhindwara, and Chhatisgarh) became part of the Central Provinces and Berar and came under the administration of a commissioner under the British central government, with Nagpur as its capital. Berar was added in 1903. Tata group started the country's first textile mill at Nagpur[18], formally known as Central India Spinning and Weaving Company Ltd. The company was popularly known as "Empress Mills" as it was inaugurated on 1 January 1877, the day queen Victoria was proclaimed Empress of India. Political activity in Nagpur during India's freedom struggle included hosting of two annual sessions of the Indian National Congress. Non-cooperation movement was launched in the Nagpur session of 1920. In 1925,K. B. Hedgewar founded RSS, a Hindu nationalist organization in Nagpur with an idea of creating a Hindu nation.

After Indian Independence in 1947, Central Provinces and Berar became a province of India, and in 1950 became the Indian state of Madhya Pradesh, again with Nagpur as its capital. However when the Indian states were reorganized along linguistic lines in 1956, the Nagpur region and Berar were transferred to Bombay state, which in 1960 was split between the states of Maharashtra and Gujarat. At a formal public ceremony on October 14, 1956 in Nagpur B. R. Ambedkar along with his supporters converted to Buddhism starting Dalit Buddhist movement which is still active. In 1994, city witnessed its most violent day in modern times due to Gowari stampede deaths.

SOURCE :WIKIPEDIA

complete information about nagpur city


Nagpur, Maharashtra India

Nagpur, Maharashtra India





The Geo graphical
location of Nagpur is located between 21*45 N to 20*30 N and 78*15 E to 79*45 E,

Nagpur is heart of INDIA since it is located at center also called as orange city

The surrounding districts of Nagpur are Bhandara on the east, Chandrapur on the south, Amravati and Wardha on the west and in the north shares the boundary with Madhya Pradesh.
Maharashtra • India
Nickname: Orange city
Map indicating the location of Nagpur नागपुर
Location of Nagpur नागपुर
Nagpur नागपुर
Coordinates: 21°05′N 79°02′E / 21.08, 79.03
Time zone IST (UTC+5:30)
Area
• Elevation
218 km² (84 sq mi)
• 310 m (1,017 ft)
Region Vidarbha
District(s) Nagpur
Population
• Density
2,420,000[1] (2006)
• 11,101 /km² (28,751 /sq mi)
Language(s) Marathi, Hindi, English
Mayor Mrs. Mayatai Iwanate
Municipal Commissioner Mr. Sanjay Sethi
Founded Early 18th century [2]
Codes
• Pincode
• Telephone
Vehicle

• 4400xx
• +91-712
• MH-31,MH-40

`Empress City’ in Nagpur a review


KSL to develop 400 crore “Empress City”

The project will be implemented by Reward Real Estate Company Pvt Ltd, a wholly-owned subsidiary of KSL and Industries Ltd, a company release said.

Reward Real Estate would work with architect Hafeez Contractor, Shapoorji and Pallonji, the construction group and Singapore based company for landscaping.
KSL and Industries acquired Tata textile unit, Empress Mills that is now developed as an integrated township project which is expected to be completed in 24 months by December 2007.
“The project comprises of information and technology park, a 400 room five star hotel, shopping mall, multiplexes and 600 luxury residential apartments,” Reward Real Estate Company Pvt Ltd President Sorabh S Tayal said.
The size of residential flats would range from 1,000 to 1,500 square feet and there would be 10 to 12 residential towers in the project, he added.
The bookings for the IT park and shopping malls have already started while the booking for the residential area would start from January.
Reward Real Estate would work with architect Hafeez Contractor, Shapoorji and Pallonji, the construction group and Singapore based compamy for landscaping.
KSL and Industries acquired Tata textile unit, Empress Mills that is now developed as an integrated township project which is expected to be completed in 24 months by December 2007. According to Mr Saurabh Kumar Tayal, Chairman and Managing Director, KSL, “Nagpur is the seventh largest city in India with a population of over 40 lakh. Its significance from various angles makes strategic business sense for us.”
The company sees much business potential with the international airport and the Butibori Special Economic Zone coming up nearby.
“Besides, Nagpur has a large agricultural community whose spending power has been growing of late,” said Mr Tayal.
Facitlities
The facility is likely to comprise a 3.5-lakh sq feet information technology park, a 300-room five star hotel, a shopping mall, multiplexes and 800 luxury residential apartments. There will also be facilities such as swimming pools, health clubs, jogging parks, playgrounds, indoor games complex, community halls, temple, emergency post, telecommunication facilities and video phones.”The project comprises of information and technology park, a 400 room five star hotel, shopping mall, multiplexes and 600 luxury residential apartments,” Reward Real Estate Company Pvt Ltd President Sorabh S Tayal said. The size of residential flats would range from 1,000 to 1,500 square feet and there would be 10 to 12 residential towers in the project, he added.
The bookings for the IT park and shopping malls have already started while the booking for the residential area would start from January.

You may sell Buy and rent online hostel, commertialcomplexes, NA plot, Agriculture plot, home, house in india or in Nagpur through go4properties real estate consulting firm.

Source:The Hindu

List of all Nagpur Colleges

Nagpur Education

List of some Nagpur Colleges :

A. Medical Colleges Nagpur
1Government Dental College Nagpur-3 . Telephone : 744496
2.Indira Gandhi Medical college Nagpur-18 . Telephone : 725274
3.Government Medical college - Nagpur . Telephone : 749198
4.Dental College and Research centre Digdoh, nagpur . Telephone : 56290
5.Government Medical College -nagpur . Telephone : 744671
6.N K P Salve Institute of Medical sciences - Hingna road, Nagpur-19 . Telephone : 36291
7.Shri Ayurvedic College- Hanuman nagar, Nagpur-9. Telephone : 742592
8.Nagpur Homeopathic and Biochemistry college - Nagpur-9 . Telephone : - 746502
9.Nagpur Ayurvedic College - Nandanwan, Nagpur-9 Tel :741270

B.Polytechnic Colleges Nagpur
1.G. H. Raisoni Polytechnic -Hingna road, Nagpur-16 Tel 35220
2.Government Polytechnic - Sadar, Nagpur . Telephone : 533483
3.Shri Datta Meghe Polyetechnic - Nagpur . Telephone : 225699
4.Anjuman Polytechnic -Sadar, nagpur -. Telephone : 533533

C. Engineering Colleges Nagpur
1.Yeshwantrao Chavan College of Engineering - Wanadongri, Nagpur Tel - 36620
2.Nagpur Engineering College- Dhantoli, Nagpur-12 . Telephone :
3.Priyadarshini College Of Engineering and Architecture - Hingna road, Nagpur-16 . Telephone : 36381
4.G.H Raisoni College of Engineering - Hingna road, Nagpur-19 . Telephone :
5. Kamnaveer Dadasaheb Kanmavar engineering college - Nandanwan, Nagpur . Telephone : 711400
6.Laxminarayan Institute Of Technology - Amravati rd, Nagpur -10 . Telephone :
7. Ramdeobaba Kamla Nehru Engineering College -Katol Rd, Nagpur tel -582844
8.Visveshvarya Regional College Of Engineering . Abhyankar Nagar, Nagpur-10 . Telephone : 222828

9.Anjuman college of Engg & Tech

D.Physical Education Colleges Nagpur
1.
Priyadarshini College of Physical education - Ganesh nagar, Nagpur Tel 646293
2.Ishwar Deshmukh Physical education college - Hanuman Nagar, Nagpur . Telephone : 744821
3.Bapurao Deshmukh College of Physical education - Hingna road, Nagpur-10 . Telephone : 36793
4.Late Vasantrao Naik College Of Physical education - Nandanvan, Nagpur . Tel
5.Shree Nikatan College of Physical education - Reshimbagh, Nagpur-9 . Telephone : 745162
6.Indira Gandhi college Of Physical education - Hanuman nagar, Nagpur-9 Tel 744029
7.Jyotiba College Of Physical Education - Hingna road, Nagpur Tel : 36381
8.Nashikrao Tirpude College Of Physical Education - Civil lines, nagpur . Telephone : 541522
9.Padamshree Ajit Wadekar College Of Physical education - Ramnagar, Nagpur . Telephone :

E.Nagpur Colleges ( Misc)
1.
Dr. Ambedkar College- Deeksha Bhoomi, Nagpur-10 Tel 528083
2.Hislop College Nagpur -. Telephone : 532004
3.C P. and Beror college of Arts and Commerce - Dharampeth, Nagpur-2 Tel 557612
4.Vasantrao Naik college of art and Social sciences - Nagpur-1 . Telephone : 525658
5.G S College Of Commerce - Nagpur. Tel 531760
6.Mathur Seva Sangh Womens College Of Social science - Nagpur-10. Telephone : 534393
7.Dhanwate Natinal college - Congress nagar, Nagpur-12 Tel
8.Tirpude College Of social science - Nagpur-1 Tel 524703
9.Central Indian Institute Of Mass Communication Nagpur - tel 541982
10.Shivaji Science College - Congress nagar, Nagpur-12 . Telephone : 523432
11.P W S College of Arts and Commerce - Kamptee road, Nagpur Tel 640837
12.Anjuman Hani Islam College Of Arts- Sadar, Nagpur-1 Tel 543225
13.Shrimati Kaushalyadevi Maheshwari College Of Arts - Nagpur-8 Tel 774939
14.Dharampeth M P Dev Memorial Dharampeth science college - Nagpur-10 Tel
15.Shri Shivaji Science College- Nagpur. Telephone : 523432
16.Vrajlal Manilal Vasant Commerce / Jashbhai Jeergibhai Patel science College / Jaydev Shankar Manishankar Thakur arts – Wardhaman nagar, Nagpur-8 . Telephone : 764391
17.Womens College - Nandanwan, Nagpur-9 Tel 744935
18.Lady Amrutbai Daga College Of Women - Nagpur-10 Tel 526623

Indore-Nagpur-Dubai flight soon

April 23, 2008

NEW DELHI: AIR-INDIA Express is likely to introduce Indore to Dubai via Nagpur flight soon, the Minister for Civil Aviation, Praful Patel informed the Lok Sabha on Thursday.

In a written answer to Sumitra Mahajan, the Minister said Air-India Express has plans to introduce flights from Indore to Dubai via Nagpur on availability of Customs and immigration facilities at Indore Airport. In another written reply, Patel said while the National Aviation Company of India Limited does not have immediate plans to introduce more air services from Aurangabad, Pune and Nagpur due to non-availability of spare capacity, Lufthansa airline of Germany has proposed operations on Pune-Frankfurt route with an all Business class A-319 aircraft. MAH LEADS IN JNNURM: Minister of State for Urban Development, Ajay Maken confirmed in the Rajya Sabha on Thursday that Maharashtra is now one of the leading States under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) with 56 projects being approved at a cost of Rs. 7732.45 crore. Gujarat and Andhra Pradesh have been sanctioned 55 and 39 numbers of projects respectively. The Government of Maharashtra has submitted 141 project proposals costing Rs. 36379.27 crore. Detailed Project Reports (DPRs) which are found to be in compliance with the guidelines of JNNURM are considered by the Central Sanctioning and Monitoring Committee for approval. 56 DPRs have been sanctioned for Maharashtra at a total approved cost of Rs. 7732.45 crore.

Indexing Nagpur Growth review and information

Indexing Nagpur Growth

The growth indexing of Nagpur can be done by making tele index as basis which can be calculated by dividing the absolute number of telephone connections in the area by 100. Tele index reflects levels of standard of living and propensity to spend. High teleindex shows either increased level of communication between communities or area is too big & vague. High density areas also reflect conventional consumption pattern, traditional bussinesses and more savings rates. When studied properly , a tele-density flow can be calibrated that helps to convey settlement nature and settelement trends . It would be helpful for projecting cost of city land that shadows city growth. If it is a old area, it may have relatively higher teleconnections. This is also true for areas where upcoming business centers are coming. Due care needs to be taken in analytics and projections and go4properties analytics have that qualitative judgemental knack.

Following are Pin-codewise areas and their G4P tele index approx.

440001 Civil lines(18.09)Sadar Bazar(11.03)Ravi nagar(4.77)Mohan nagar(3.64)Kingsway(2.45)Coal estate(2.05)GPO(.22)Kasturchand park(.24)New MLA hostel(.10)440002 Itwari(52.62)Mahal(35.82)Gandhibagh(13.50)New shukrawari(4.93)Maskasath(7.23)Ghat road(5.54)Amardeep talkies(1.32) Budhawari(1.91) Mehandibag road(1.06)Aychit mandir(.19) Chitnvispura(.48)Ganga khet(.04)
440003 Medical college/square(2.6)Ajani(2.47*)Vishwakarma nagar(1.97)Immamwada(.13)
440004 Bezanbagh/bez(4.46)Jaripataka(.06)
440005 Airport(1.11)
440006 Seminary hills(.10)
440007 Vayusena nagar(1.03)
440008 Wardhamannagar(12.41)Bagadganj(7.54)Lakadganj(9.67)Garoba Maidan(5.00)Ambedkar Chowk(2.94)Kalamana(1.2 8)
440009 Nandanvan(16.13)Hanuman nagar(4.00)Raghuji nagar(3.09)Tukadoji tala,Gajanan Chowk(20)
440010 Ambazari (20.92)Shraddhanand peth/shradhanand(1334)(11) Ramdas peth(1264)Gokulpeth(4.75)Khare town(5.05) Ramnagar(4.46)Abhyankar nagar(4.14)Gandhi nagar(7.06)Giripeth(1.99)Tilak nagar(.05)Corporation colony(1.87) Giripeth(1.99)Gandhi nagar(.50)Shankar nagar(6.83)Amaravati road(.43)University (.75)
440011 VRCE(1.44)
440012 Dhantoli(14.74) Sitabuldi(13.12)Congress nagar(1.05)Lokmat(.92)Netaji market(.31)Patwardhan ground (.09)
440013 Katol road(17.56)Police line Takli(10.01)Byramji town(.72)
440014 Jaripatka(27.43)Nara road(6.18)Indora chowk(1.74)
440015 Wardha road(33.42)Kham (40.48)Surendranagar(5.54)Jaiprakash nagar(4.28)ivekanand nagar(3.23)Snehnagar(3.81)Hindustan colony(2.7)Navjeevan colony(.61)
440016 Jaitala(11.11)
440017 Indora(6.70)Siddharth nagar(.81)Panchaseel nagar(.18)
440018 Gandhibag(16.30)Mominpura(4.57)Fule market(1.01)Ganjipeth(174)Golibarchowk(2.11)Quettacolony(1.73)Bajeria(1.40)Shanichara(49)Vijay talki(.34)Model mills(.28)tilak statue(.23)Mohammad ali (.20)
440019 CRPF(1.24)Hingana road(.41)
440020 NEERI(1.32)
440021 Ambhazari defence(5.71)Dattawadi(7.25)
440022 Pratap nagar(15.19)TrimurtiNagar(12.30)Gopal nagar(6.72)Laxminagar(4.04)Swawlambi nagar(3.96) Deendayalnagar(3.42)P&T colony(.49)Priyadarshini nagar(.39)
440023 Khadgaon road(310)
440024 manewada road(11.64)Ayodya nagar(6.23)Subhedar(7.32)
440025 Khamla(37.12)Wardha road(33.42) Sonegaon(6.43)Ujwal nagar(3.12)Sahakar agar(3.88)Telecom nagar(2.56)Kannamwar nagar(.76)RBI colony(.42)Panchadeep nagar(.13)Meher colony(.07)
440026 Kamptee road(14.64)Nari road(6.24)
440027 parvati nagar (1.90)
440028 MIDC(20.63)
440029 NADT(.34)
440030 Manakapur(.07)

NAgpur MIHAN & Cargo related area

MIHAN & Cargo related area

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.

Still the large speculations are being made for Wardha road by LARGE LAND OWENER COMMUNITY having both political and financial interest. Nagpuretstate study team feels 250 sqfteet rates would be median in the range of 14 Km from zero miles on Wardha road. For further advices please cosult our Nagpurestate-study team at : nagpurestate@cootoad.com

Click on the MAP to enlarge

cargo map
Pic Mihan-Cargo Map

The Lang LaSalle Report and Nagpur

Lang LaSalle Report & Nagpur

Jones Lang Lasalle is a world leading real estate consulting firm based in UK, which has projected special role of Nagpur in Indian economy uprising >>>

Ahmedabad, Chandigarh, Indore, Kolkata and Nagpur, the Tier III cities in India are best positioned to emerge as major centres for offshoring activities by IT companies over the next five years, according to a recent Jones Lang LaSalle report.

The report titled “India - The Next IT Offshoring Locations. Tier III Cities”, which is part of the firm’s World Winning Cities research, highlights these five cities as fulfilling the requirements that IT companies look for, when deciding on offshoring locations, namely availability, costs of labor and real estate, business environment as well as physical and social infrastructure.

Comparison :
Nagpur currently provides a cost advantage of about 15 per cent over Kolkata, which offers a 10 per cent cost advantage over Pune. From a real estate perspective, Kolkata provides the largest availability of grade A office space, with large developers such as DLF and Unitech, who have traditionally operated in Tier I cities now operating in Kolkata.

From a facility cost view, Nagpur and Ahmedabad provide a 25 to 30 per cent cost advantage over Kolkata and Delhi. Ahmedabad and Chandigarh provide the highest cost advantage amongst the Tier III cities and are therefore likely to attract occupiers that place a high weight on the cost factor

Indian Real estate Market
Some industry players feel that there are pockets of Tier II and Tier III cities in North India, which have seen massive escalation of price over the last six to 12 months, which may not be sustainable in the long run. Whether the stock market meltdown triggers a correction in these markets remains to be seen. On the whole, rising real estate prices may take a breather in certain pockets but there will be no holding them back across the board, they say.
A PricewaterhouseCooper’s report says the venture capital fund flow in the sector could touch $7 to 8 billion over the next 18 to 30 months. The US alone is said to have committed $2 billion for Indian real estate.
Consultancy firm Cushman& Wakefield study says urban India alone requires 12 million housing units with scope for 400 townships in 5 years across 30-35 cities, each with a five lakh population. Today, real estate is giving 20-50 per cent returns, up from 15-20 per cent a few months ago. So, anyone who can afford it, is parking his money in this asset class,” says a property consultant.
Prices of homes in India have on average tripled in the last two years and will probably expand fourfold in the next three to four years, they said.
According to a Deutsche Bank study “Building Up India” around $850 million additional capital was invested into Indian real estate in 2005, much of it as lending by commercial banks to the sector. Private property companies and individuals’ holdings of real estate also grew by 40 per cent year-on-year. With huge amounts being raised this year, it is very likely that 2006 too will see a high growth. Growth in the housing market, too, should continue despite higher interest rates, because mortgage debt as a percentage of the GDP is only 5 per cent, very low by international standards.
Real estate benefits in either case – whether the Sensex booms or tumbles. The profits booked in scripts are invested in real estate as a safe investment and when
Residential mortgages as percentage of GDP is just over 2.21% in India
compared to over 30% in south Asian countries, over 45% in Europe and over
70% in USA. Scope exists for over 400 residential townships for the next five
years in tier two and tier three towns having a population of over half a million.
Mix of horizontal & high-rise developments in housing:
Yield in residential sector:
(1) On an average to a developer is 25% to 40% on investment deployed or
10 to 15% on turnover.
(2) On an average yield to investor is 20 to 30% on investment on yearly
basis.

OFFICE PROPERTY :
Office property market in India is booming. There is great demand for modern
office buildings in India. The demand for new office spaces alone has grown from
estimated 3.9 million sft in 1988 to over 16 million sft in 20045. Cumulative
demand for office space in India between 2005-2008 is estimated to be in excess
of 85 million sft. This represents an annual growth rate of 14.5 % over the next
three years or approx. 20 million sq. ft. per year. Approx 80% of this demand
is created by IT & BPO sectors.
ITES contributes 28% of the total software service export from India during the
year 2004. ITES and BPO segment registered a growth of 54%. NASCOM and
McKinsey study has predicted that ITES sector in India will provide additiona

It is estimated that presently additional 46 million sq ft. for malls, multiplexes is being added in India out of which 32 million sft is spread over across seven major Indian cities. As many as 45 malls with over 9.5 million
sft of retail real estate is expected to come up in tier-2 cities like Jaipur,
Chandigarh, Ludhiana, Nagpur, Baroda, Surat, Kochi by end of 2007.

Real estate is estimated to capture about 18-20% of the total FDI coming to India
in 2005-2006. Close to US $ 1.2 billion worth of real estate investments are
foreseen to be made by real estate venture capital funds in 2006-2007.

Realty on the upsurge
BANGALORE: India’s real estate investment market has grown rapidly over the past three years. Average return of around 50 percent per annum in the sector for last four years has attracted huge investments from various quarters.

The main sources of investments in the sector are high net worth individuals (HNI), private equity funds and now the foreign direct investments (FDIs) as the government has partially relaxed FDI regulations in Feb 2005.

According to global consultancy firm CB Richard Ellis, the response from foreign investors is overwhelming . In a report, the firm says that by varied estimates, more than $15 billion (Rs 70,000 crores) of foreign funds are awaiting investments into India.

In the last one and a half year, domestic realty funds have also raised $4.5 billion (Rs 20,500 crores) to invest in the real estate sector. However, there is no official estimate made on the investment from HNI group. But according to banking sources the amount could be anywhere around Rs 1 lakh crore.

MD of CB Richard Ellis, South Asia, Anshuman Magazine says that the money is not a problem for the real estate sector, it is there. But the problem is the availability of good quality investment opportunities in the country. If the real estate market becomes more transparent, the fund flow would further improve.

The good news is that things are improving. According to Jones Lang LaSalle’s latest Global Real Estate Transparency Index (2006), India has achieved one of the region’s most significant improvements in real estate transparency over the past three years.

Moreover, the increasing participation of foreign investors and the emergence of new investment vehicles including the introduction of real estate investment trusts (REIT) will continue to force the pace of structural change over the remainder of the decade.

However, as large amount of funds are chasing few good projects in Tier I and Tier II cities like Delhi, Mumbai, Bangalore, Pune Hyderabad and Chennai, the prices have gone up substantially in the last four years. This has reduced the expected returns on investment in these cities.

However, the return could be maximised if one chooses the right investment locations and segments. JLL in its report point out that India is a vast and diverse country, and risks can be reduced by careful selection of location and segment like residential, commercial and retail. Suburban offices, retail and the residential sectors are likely to offer the greatest opportunities over the short and medium term.
Commercial

The demand for offices in suburban market is likely to grow with the rapid growth of IT and ITES sector at more than 30 annually. Strong growth in emerging sectors such as telecoms, financial services, pharmaceuticals and biotechnology will also boost demand and broaden the occupier base, the JLL report points out. State-of-the-art campus developments are expanding rapidly, and sale & leaseback opportunities are emerging.

Residential

Favourable demographics, urbanisation , rising incomes and easier access to finance are fuelling strong demand for residential accommodation. India has an acute shortage of housing, with analysts assessing a shortfall in urban areas of over 20 million units. The rise in the interest rates might affect it temporarily but if the overall growth is maintained, the demand for residential real estate will continue to grow.

Retail

India has huge potential for retail expansion, and the sector is growing in the region by 10 percent a year. Organised retailing currently accounts for only 2-3 percent of the market, but the sector is undergoing structural change, with leading domestic retailers going through rapid growth, format migration and consolidation, JLL report adds.

There is a huge untapped potential for high quality shopping mall development . Liberalisation of FDI norms will create opportunities for cross-border investors, mall developers and operators. This will also increase the investment opportunities for domestic investors.

Cities

Tier I cities Mumbai, Delhi and Bangalore will remain the preferred option for many new market entrants. but there are fewer partnering opportunities. The returns from rental income is in the range of 9.5 to 10 percent of the capital value of the commercial real estate assets in the Tier I cities.

Tier II cities are currently favoured - notably Hyderabad, Chennai and Pune - where there are greater partnering opportunities. Prime office yields in Tier II cities are in the range of 10.5-11 .5 percent, compared to 9.5-10 percent in Tier I cities.
Tier III cities first mover advantage can still be achieved, where office yields in the region of 12 percent of the capital value. Kolkata and Ahmedabad, the largest Tier III cities, are displaying impressive economic dynamism . Of the smaller cities, the report favours Chandigarh, Ahmedabad, Kochi, Mangalore, Mysore, Jaipur, Thiruvananthapuram and Bhubaneshwar .

Nagpur Land Cost

Nagpur has distinctive zones marked for differential land costs. There are high cost attached to dense areas. There are high cost attached to older areas. There are high cost attached to areas close to roads. High costs are also attached to commertial and strategic areas.The central areas are more costlier than other areas due to historic settlement pattern along with forts and railways.But as development of Nagpur being the core of NIT( Nagpur Improvement trust) ,it planned and establised some quality residential areas in Nagpur. The residential planning focus was Western part, therefore the cost of Nagpur is more on west that east. Seeing current development happening on Wardha road I.e on NH6, the current appreciation in this part of the city has soared at historic high levels. However the rich and affluent mass likes to reside in West Nagpur, where as most of the slums are observed in east and South -east areas. Older city is more towards east.

As city is growing the suburbs are getting closer and closer to Nagpur, the prominent suburbs are Kamptee on north east, Mauda on east, Umrer on south-east , on south Majewada, on soth-east Butibori, on north-east Kondhali and on North side Kalmaner and Koradi.

Pic1: Nagpur Land cost graph (click on the graph to enlarge)

Black area-The older part of city is towards east which is Itwari, Mahal and Central avenue road. Being old, the density of human settlement is naturally high here, so are property rates. Most of the trading community resides here. Most of the area is covered by old shops along the roads. The planning of Nagpur started well early, the focus was set on west Nagpur .One can see pleasant residential areas in West Nagpur than east like Civil Lines where government officials reside. Some black areas are seen in the west. They are well developed commercial spots like Ramdaspeth, Dharampeth occupied by private hospitals or by hotels or by showrooms. Professionals love this part of Nagpur.
Maroon area- On the periphery of black lies the area in Maroon, planned and developed late in 70s. The area land price is below the black areas, it is better suited area for residential purpose. With the investments following in cities, these areas are becoming more attractive.
Green area-Green area had prices less than Maroon but more socialization, most of the middleclass located here. Of late the facilities in green area are increasing. Some of them are exceptionally excellent for residential purpose.

Gray area-Gray area has been starting to show signs that they can follow the path of Green area soon. The gray area is a source for worker class.

NO

PRIME AREA

COMMERCIAL

RENT/

SQFT

As of

1-1-2008

RESIDENTIAL

RENT/

SQ FT.

As of

1-1-2008

1

VIP Sq, Alankar Theatre

75

16

2

Dharampeth Coffee House sq

60

15

3

Civil Lines MLA Hostel sq

40

13

4

Bajajnagar Sq

55

7

5

Morris College T Point

40

7

6

NIT Sq

60

7

7

Dharampeth Bazaar

75

9

8

Shankarnagar Sq

75

14

9

Sadar Anjuman Complex

60

12

10

Central Avenue Road

50

8

11

Sitabuldi Flyover

45

8

12

Central Avenue

55

7

13

Kamptee Road

30

5

14

Yeshwant Stadium

60

5

15

Dhantoli T Point

60

5

16

Panchesheel Sq

75

15

17

Ashok Chowk

25

4

18

Medical Sq

30

4

19

VRCE College

40

6

20

Central Avenue overbridge

35

4

*All fig. in INR

Big Multimodal-Hub in Nagpur city


Big Multimodal-Hub(MIHAN) in Nagpur

Mihan vision

“is to make Nagpur the aviation center not only of India but of entire Asia.”

Unfolding Targets

1. The area covered by airport 3588 hectare 8862.36 acre .

2.Projected traffic per year 14million passengers 38356.16438
3. 70% international 26849.31507
4. air cargo 8,70,000 Tonne 2383.561644
5. airstrip of 60m x 4km
6. parking space for 100 aircrafts
7. Duration for project 30 years

8.Total project cost 2581Rs crore = 600.2325581 USDmillion
9. Area by SEZ 1300 hectare =3211 acre
10.Residential commertial space 3900 hectre =9633 acre
11. Total area 21706.36 acre =95.507984 Km2 =4.207400176 r2 =2.051194817 r 2
Few Nagpur advantages for Mihan
1.Aiport nagpur is connected to 37 airports in India at 1.2 hrs
2.300 Inernational airlines cross dialyNagpur sky.
3. Coal reserves 100% of state are in the area rquired for energy purpose
4.Electricity 50% of state
5.Forest is 37% of state
6.SSI are numerous i.e 16000
7.Investment in SSI is 13000 crore =3023.255814 million
8.Inland container depot handles 15000 tonne
9.Agricultral opportunityis of 10000 crore =2325.581395 million ,madc belives
Progress of Mihan project

PROGRESS OF Multi-modal International Hub Airport at Nagpur (MIHAN) PROJECT
MAHARASHTRA AIRPORT DEVELOPMENT COMPANY LTD. has been constituted by Government of Maharashtra to have focused attention for speedy planning and implementation of MIHAN Project. MADC is also declared as a Special Planning Authority for MIHAN Project area by the Government of Maharashtra under MRTP Act 1966. Nagpur Airport has been declared as International Hub Airport for Passenger & Cargo Operation by Government of India. The Techno-Economic Feasibility Study for setting up MIHAN project has been carried out by a consortium of internationally reputed consultants led by M/s. L&T Ramboll Consulting Engineers Ltd. Business Plan for the MIHAN – SEZ has been prepared by M/s Scott Wilson Kirkpatrick India Pvt. Ltd. and in-principle approval for the SEZ has been granted by the Ministry of Commerce, Govt. of India. Total land area being acquired for MIHAN Project is around 4025 Hectares, out of which 1475 Hectares will be used for Special Economic Zone and till date of land has been acquired. The acquisition for remaining land is being done on fast track basis. The Draft Development Plan and Development Control Regulations have been prepared by YASHADA, Pune. M/s. Geotech Consultants Pvt. Ltd. has carried out the geotechnical investigations for the MIHAN Project. Dr. D.Y. Patil Group has been given the Letter of Allotment for setting up an International School within MIHAN Project.

The consultancy services for Planning, Designing and Project Management Services for infrastructure facilities like Water Supply, Sewage Disposal and Storm Water Drainage System in the MIHAN project area has been awarded to M/s. Kirloskar Consultants Ltd. The consultants have submitted the Interim Report. The alignment for water transmission pipeline from Wadgaon dam to project area has been tentatively fixed and a proposal has been made to the Irrigation Department for water reservation of 61MLD from the Wadgaon reservoir. The bid documents for water supply, head works at Wadgaon and transmission main, water and sewage treatment plants and the distribution network are likely to be ready shortly. Similarly, tender document for the power distribution system will be ready for inviting tenders soon. Consultancy services for environmental study for Captive Power Plant of 100 MW capacity has been given to M/s. Scott Wilson Kirkpatrick India Pvt. Ltd. Similarly, for preparation of Business Plan for 100 MW Power Plant and placement of BOT operator for power infrastructure in MIHAN has been given to M/s. Ernst & Young Pvt. Ltd. Consultancy work of transmission and distribution of power in MIHAN area has been given to M/s. Premier Mott MacDonald. Maharshtra Pollution Control Board has given approval for Captive Power House of 100 MW MADC has got approval for coal linkage from the Ministry of Mines. The Master Plan for the proposed Road Terminal project adjacent to Nagpur airport has been prepared by M/s. Prasad Associates. The financial feasibility study and bid management process for the Road Terminal has been done by M/s. Darashaw & Co. Pvt. Ltd. The Expression of Interest has been invited for the development of Rail Terminal as BOT project on Public-Private Partnership (PPP) basis.The Bid document can be obtained from MADC office at Mumbai. Consultancy services for development of Interchange on National Highway No. 7 and ROB in MIHAN area has been awarded to M/s. Consulting Engineering Services Pvt. Ltd.—The consultant has developed a General Arrangement Drawing and the bid document for the construction of interchange and ROB are being prepared.
Consultancy Services for development of Road Network and related elements in MIHAN project area has been allotted to M/s. SPAN Consultants Pvt. Ltd. The consultant has submitted the Interim reports and alignment drawings of roads are being prepared. The Feasibility Report for the Rail Terminal has been prepared by M/s. CRISIL. The Expression of Interest has been invited for the development of Rail Terminal as BOT project on Public-Private Partnership (PPP) basis. The Bid document can be obtained from MADC office at Mumbai.

M/s. Credit Analysis & Research Ltd. (CARE), Mumbai who have rated the BBB (L) credit rating for our project, have been appointed for advisory services for selection of a private developer for Modern township projects in MIHAN. Development of the Modern Township in MIHAN project on about 30 Acres has been awarded to M/s. Reatox Builders & Developers.
For Feasibility Study, Business plan and other services for setting up of Health City in MIHAN, SEZ has been awarded to M/s. Ernst & Young Pvt. Ltd. The Application for environmental clearance is already submitted to Ministry of Environment & Forest. The queries raised by them have been complied and replied. The GoM has already given the environment clearance.

Work has started for planning & designing of Telecommunication Network in collaboration with M/s. TATA Teleservises Maharashtra Ltd.

Plot purchase in Mihan SEZ

1.M/s. Satyam Computer Systems Ltd. has purchased 100 Acre of land for establishing IT campus in MIHAN SEZ. The MoU was signed on December 5, 2005.
2.M/s. Shapoorji Pallonji & Co. Ltd. had applied for 100 Acre of land for Information Technology Park. The land has been allocated to them.
3.M/s. L & T Infocity have expressed interest in 120 Acre of land for developing an IT campus, similarly other leading IT firms have expressed interest in developing their campus in the MIHAN, SEZ.

Immediate effects
MADC has constantly persuaded Airlines to operate from Nagpur. Air Deccan has started operations from September 12, 2005. Air Arabia has also started operations from October 16, 2005 and other domestic airlines have approached Nagpur airport authorities for night parking.
Consortium of bankers have sanctioned a loan of Rs.4000 Million and the State Govt. has allocated Rs.1000 Million for the MIHAN project.

source: MADC presentations

VCA Cricket stadium on Wardha road in nagpur review information


DON’T be surprised if the list of best cricket stadiums in the world soon have the name of Vidarbha Cricket Association (VCA). It’s now just a matter of few months when the association’s dream project at Jamtha will be ready to host international cricketing action. Construction of the new stadium has entered the final phase. Work is going on round-the-clock and by January 2008 the stadium will be ready for action.

“We are expecting the stadium to be ready by this December-end,” said Adv Shashank Manohar, VCA President, while showcasing his dream that is taking a spectacular shape. Manohar had vowed to complete the new stadium before he quits his post in 2009. He is soon going to realise his promise.

The project, being built by eminent Design & Construction Company, M/S Shapoorji Pallonji & Co Ltd, Mumbai, was supposed to be over by August 2007 but the designs underwent a lot of changes extending the time period by four months. “We had to alter a lot of designs keeping in mind the comfort of players and public alike. The entire stadium will have more facilities including large-size seats,” said Manohar while explaining in detail utilities in the stadium. With the new designs the stadium will have a capacity to accommodate 45,000 people.

A total of 40 air-conditioned corporate boxes with 15 seats each and VIP galleries are ready, each with separate foyers. The players’ dressing rooms, situated on the first floor at the south end, are large in size with each consisting of a sit-out, a gym, a medical room and lunch room. A staircase will lead the players straight into the ground. Just behind the dressing room will be four practice wickets with box nets. The ground will have five main wickets in north-south direction. The stadium’s total cost has now gone upto Rs 55 crore and is likely to increase. However, Manohar is confident of raising the fund. “We have the capacity to take care of the additional expenses. Whatever be the case we will never compromise on quality,” he stated. Manohar’s stress on quality work is justified when one visits the club house.

The structure built on an area of 50,000 sq ft has all the modern amenities under one roof. The 7000 sq ft banquet hall is equipped with 40 air conditioners and is on the verge of completion. The club house will house 20 luxurious rooms of 400 sq ft each on two floors with plush interiors including Jaguar fittings in the bathrooms. Four suites add to the glory of the club house. An air-conditioned multi-cuisine restaurant, bar, party hall, a 62,000 sq ft lawn for party purpose, modern sports infrastructure including gymnasium, health center & spa, an Olympic standard swimming pool, four synthetic tennis courts, two wooden badminton courts, table tennis hall, two squash courts, billiards and snooker room and a card room. The library will also have a sit-out on the adjacent terrace with lawn and resting chairs. The association also plans to set up a sports good shop in the club house. Manohar said the club house will start functioning by September-end. The new stadium construction committee headed by Sudhir Dabir and including Prakash Dixit, Prafull Doshi, Rajan Nair, Suresh Junghare, Percy Nazir, S M Marathe, Gurunath Modak, Ajay Mokashi and Rajeev Gokhale is looking after the last phase of the work .

International Air Cargo Hub (MIHAN) information & review

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 Airport
ii.Special Economic Zone
iii.IT Park Health City
iv.Manufacturing Units
v.Captive Power Plant
vi.Rail Road Terminal
vii.International School
viii.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 Ltd
M/s Shapoorji Pallonji & Co.
M/s L & T Infocity
L & T
DLF
Other 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.

B) Boeing : Recently Boeing had signed an M.O.U. for setting up their repair center at Nagpur.

C) 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.

D) 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.

E) 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.

E) Project Features Of VCA: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.

F) Expansion of Butibori area :
The existing land in Asia biggest industrial area is almost full therefore M.I.D.C is set to acquire another 4000 acres of land towards Hingna.
Reliance Energy Ltd. has acquired 200 acres of land to setup a power plant in Butibori industrial area.
ACC Cement, Voltas, KEC Internatinal, Inforama Synthetic India ltd., Welworth, Morarji brembana ltd., Skg Refactors ltd., this are few prominent industries which are working at present in Butibori industrial area.

techno

Technorati Profile

Monday, May 26, 2008

MIHAN PROJECT REVIEW VIDEO 2

MIHAN PROJECT REVEIW VIDEO 2

The MIHAN PROJECT PRESENTATION & VIDEO 1

The MIHAN PROJECT PRESENTATION & VIDEO

MIHAN Project nagpur information & review information



Besides the airport, the proposed project involves a road-rail terminal, a special economic zone (SEZ) and other urban amenities. An IT park spread over 400 hectares in the SEZ will house IT majors like Satyam Computers, TCS, Patni Computers as well as Microsoft. Dell too has evinced interest in Nagpur. The Boeing MRO facility has alrady been talked about.

In the Special Economic Zone, units may be set up for manufacturing of goods, rendering of services, production, processing, assembling, trading, repairs, packing and repacking.

In addition, attractive fiscal incentives, soft regimes of taxes for developers and entrepreneurs, productivity-friendly labour laws and simpler procedure shall also be offered in the zone, as has been available in other free trade zones all over the world.

A separate 60 hectares have been allocated within the SEZ for the Health City, which is expected to provide about 2,000 beds in various multi-speciality hospitals.

Private players will operate one or more specialised units in the Health City. The proposed Health City, envisaged as the preferred destination for health tourists all over the world, shall be located in the SEZ, providing the operators tax concessions and other benefits as per the SEZ Act 2005.

There is also a plan to develop a modern township within MIHAN on about 30 acres of land.






























International Airport







To meet the increase in demand of air traffic in India and provide the required world-class infrastructure the Govt. of Maharashtra along with the Ministry of Civil Aviation, Govt. of India has taken the step of developing the existing airport at Nagpur to international Standards.


  • International Hub Airport – 1200 Hectares

  • An existing Airport in the center of India with 3200 x 45 meters runway to be extended to 4000 x 60 meters to meet international standards.

  • Provision for additional runway of 4000 x 60 meters in future.

  • Ultimate space for parking 50 aircrafts in the terminal and 50 aircrafts remote.

  • Provision for Aircraft Engineering and Maintenance base (MRO on 100 Hectares).

  • Airport Terminal; a semi-circular terminal building of 3,00,000 sqm. to be developed in phases.

  • The most conductive weather dynamics for an airport.














Special Economic Zone (SEZ)

1475 Hectares SEZ Act 2005

The proposed Special Economic Zone adjacent to the International Hub Airport shall offer high quality infrastructure facility & support services and allow duty free import of capital goods and raw materials.
In the Special Economic Zone, units may be set up for manufacturing of goods, rendering of services, production, processing, assembling, trading, repairs, packing, repacking, etc. In addition, attractive fiscal incentives, soft regimes of taxes for developers and entrepreneurs, productivity friendly labour laws and simpler procedure shall also be offered in the zone, as has been available in other free trade zones all over the world.
Thus creating a business friendly environment with speedy procedural system.



IT Park


A visionary IT Park of over an area of 400 hectares has been planned in the proposed SEZ of MIHAN. This area is to be developed as an IT city which will house BPO activities, call centers, data centers, software production houses, animation studios etc.
It will be a self-contained city providing refreshing activities like cafeteria, fitness centre, landscape gardens etc. that will facilitate in maintaining the freshness and fitness of professionals so as to increase productivity, as these work centres will be abuzz with activities round the clock.
Plans are made to provide world-class infrastructure in terms of connectivity, power and water supply at most economical cost. The connectivity to this park will be available through reputed and efficient service providers.
Leading I.T. Companies have shown interest in this IT park and M/s. Satyam Computer Services Ltd. have signed a MOU for 100 Acres of land for setting up their campus in the MIHAN, SEZ.

Health City
The Health City shall be spread over 60 Hectares of land within the SEZ. It will provide about 2000 beds in various multi-specialty hospitals. This shall be accompanied by various support facilities like Common Diagnostic Center, Common Waste Disposal Facilities, Economy and Luxury Class accommodation for relatives or companions, Training Institute for Nurses and Technicians. Private players will operate one or more specialised units in the Health City. The proposed Health City, envisaged as the preferred destination for health tourists all over the world, it shall be in the SEZ giving the operators the tax concessions and other benefits as per the SEZ Act 2005. The Health City shall offer state of the art health care facilities in various super specialties like Neurology, Orthopedics, Cardiology, Ophthalmology, Pediatrics, Organ transplantation etc. These shall be for patients demanding exotic therapies, less expensive treatments in the cases not covered by Health Insurance (e.g. Cosmetic Surgery) as well as within two country groups where domestic suppliers are unable to provide required services in time at effective price & quality.


Manufacturing Units
Other Manufacturing and Value added units would be about 963 HectaresIt would consist of the following:


  • Textile & Garment Zone

  • Gem & Jewellery Zone

  • Food Processing Zone

  • Pharmaceutical & Bio- Medical Zone

  • Financial & Insurance Services etc.
Captive Power Plant
MADC has proposed a 100 MW coal based Captive Power Plant with back up generators spread over an area of about 52 Hectares. The power plant is being modeled without any assistance of grid power. The proposal is to have an uninterrupted assured power supply to the units in the SEZ area with the permissible voltage fluctuation 5%. Because of the benefits of the SEZ, the project cost will go down by about 30% and also the cost of power at the end use will be economical. The power project is being established on BOT basis on public-private partnership principle. A competent BOT player, who will establish the power plant and carry out the transmission and distribution network in the area, will be selected on the least energy cost basis.


Rail-Road Terminal

A Rail and Road Terminal has been planned, which will cover an area of about 200 Hectares.
This Road and Rail terminal along with the airport will give an excellent multi-modal advantage with the interface of Air, Rail and Road Transport. It will consist of huge warehouses, cold storage and space for open stockyard.There will be ample space for parking of trucks with truck maintenance and refueling station, weigh bridges and other related services provided in the terminal.



  • Interface of Rail & Road transport.

  • Space for truck (multi-axle) parking (1,000), truck maintenance, fuelling facilities.

  • Huge warehousing, Cold storage.

  • Container yard and storage facilities.

  • Space for open stockyards.

  • Facilities for transport oriented trade.

  • FCD facilities such as custom clearance and boarding etc.

  • Planned to have smooth & easy circulation of transport.


International School, Residential Area, Entertainment etc.

1000 Hectares

International passengers can visit Nagpur, stay in hotels, conduct business transactions, enjoy entertainment facilities with excellent services. Residential area will satisfy the housing needs of professionals working in the Airport and SEZ area.A golf course with a country club has been proposed along with premium quality residential development. The concept is that ‘the backyard of these residences will open on to large tract of greenery where your domestic peace is distributed only by the occasional golfer applauding a good shot. Lakes, birds, fishes, squirrels are found in abundance and your neighbors share your refined taste’.As Special Economic Zone is an international activity, to ensure the true mobility of children of professionals across the countries, an international school has been proposed adjacent to the SEZ.

Project Benefits


  • MIHAN has a strategic location, as its at the geometrical center of the country and is easily accessible by road and rail.

  • Multi-modal International Hub Airport integrated with Rail and Road terminal will give an excellent Multi-modal transport system and save huge logistic cost.

  • Project offers good returns on investments made.

  • Availability of free hold land at reasonable rates.

  • Availability of world-class infrastructure at economical rates will enhance operations.

  • In-House captive Power Plants will ensure uninterrupted and quality power supply through well-planned distribution network.

  • Adequate quantity of water supply.

  • Easy availability of raw materials from vast catchments area.

  • Availability of qualified and skilled manpower at economic wages.

  • Inherent benefit of low cost of living compared to other cosmopolitan cities.

  • Strong administrative support.

  • One window operation with simple and fast application procedure.

  • Fully Transparent Dealing.

  • No limit on investments.




Project Status



  • MAHARASHTRA AIRPORT DEVELOPMENT COMPANY LTD. has been constituted by Government of Maharashtra to have focused attention for speedy planning and implementation of MIHAN Project.

  • MADC is also declared as a Special Planning Authority for MIHAN Project area by the Government of Maharashtra under MRTP Act 1966.

  • Nagpur Airport has been declared as International Airport for Passenger & Cargo Operation by Government of India.

  • The Techno-Economic Feasibility Study for setting up MIHAN project has been carried out by a consortium of internationally reputed consultants led by M/s. L&T Ramboll Consulting Engineers Ltd.

  • Business Plan for the MIHAN - SEZ has been prepared by M/s. Scott Wilson Kirkpatrick India Pvt. Ltd. and Formal Approval for the SEZ has been granted by the Ministry of Commerce, Govt. of India.

  • Total land area being acquired for MIHAN Project is around 4025 Hectares, out of which 1475 Hectares will be used for Special Economic Zone and till date 1652 Hectares of land has been acquired. The acquisition for remaining land is being done on fast track basis.
    The Draft Development Plan and Development Control Regulations have been prepared by YASHADA, Pune.

  • Geotech Consultants Pvt. Ltd. has completed the geotechnical investigations for the MIHAN Project.

  • Dr. D.Y. Patil Group has been given the Letter of Allotment for setting up an International School within MIHAN Project. The group has started the preliminary construction activities at the site.

  • The Planning, Designing and Project Management Services for infrastructure facilities like Water Supply, Sewage Disposal System in the MIHAN project area has been completed by M/s. Kirloskar Consultants Ltd. The consultants have submitted the detail project report for water supply. The alignment for water transmission pipeline from Wadgaon dam to project area has been fixed and the Irrigation Department has in - principal agreed for water reservation of 61MLD from the Wadgaon reservoir.

  • The bid documents for water supply, head works at Wadgaon and transmission main, water and sewage treatment plants and the distribution network is ready and tenders will be invited soon.

  • The Environmental Study and Environmental Mitigation Plan for Captive Power Plant of 100 MW capacity approved. Similarly, for preparation of Business Plan for 100 MW Power Plant and placement of BOT operator for power infrastructure in MIHAN has been given to M/s. Ernst & Young Pvt. Ltd and tenders for a BOT operator has been invited and will be short listed soon.

  • Consultancy work of transmission and distribution of power in MIHAN area has been done by M/s. Premier Mott MacDonald and M/s. Jyoti Structures Ltd. has been awared the work.

  • Maharshtra Pollution Control Board has given approval for Captive Power House of 100 MW.

  • The Master Plan for the proposed Road Terminal project adjacent to Nagpur airport has been prepared by M/s. Prasad Associates.

  • The financial feasibility study and bid management process for the Road Terminal has been done by M/s. Darashaw & Co. Pvt. Ltd. Negotiations are going on for appointing a BOT operator.

  • Consultancy services for development of Interchange on National Highway No.7 and ROB in MIHAN area has been awarded to M/s. Consulting Engineering Services Pvt. Ltd. The consultant has developed a General Arrangement Drawing (GAD) and M/s. AFCONS Infrastructure Ltd. had been awarded the work of Designing and Constructing the flyover Interchange at the junction of NH-7 and ROB across Central Railway track in MIHAN project area.

  • Consultancy Services for development of Road Network and related elements in MIHAN project area has been allotted to M/s. SPAN Consultants Pvt. Ltd. The consultant have submitted their reports and alignment drawings of roads along with report on street lighting, sewage, arboriculture scheme etc.

  • M/s. PBA Infrastructure Ltd. and M/s. Sadbhav Engineers Ltd. have formed a joint venture company PBA – Sadbhav Joint Venture who has been awarded the job of constructing the roads in the MIHAN project. The Road construction for the SEZ has started.

  • The Feasibility Report for the Rail Terminal has been prepared by M/s. CRISIL. The Expression of Interest has been invited for the development of Rail Terminal as BOT project on Public-Private Partnership (PPP) basis.

  • M/s. SICAL Logistics (Chennai) and M/s. Gupta Coal India Ltd. Joint Venture has been selected for developing, operation and management of the Rail Terminal in the MIHAN Project on BOT Basis.

  • M/s. Credit Analysis & Research Ltd. (CARE), Mumbai who have rated the BBB(L) credit rating for the MIHAN project.

  • Development of the Modern Township in MIHAN project on about 31 Acres has been awarded to M/s. Reatox Builders & Developers the construction work has began.

  • For Feasibility Study, Business plan and other services for setting up of Health City in MIHAN, SEZ has been awarded to M/s. Ernst & Young Pvt. Ltd. and they have submitted their final report and tenders have been invited for the same.

  • The Environmental Clearance for MIHAN and related infrastructure has been obtained from Ministry of Environment & Forest. The Gum has already given the environment clearance for the MIHAN project .

  • Work for Planning & Designing of Telecommunication Network by TATA Teleservices (Maharashtra) Ltd. has been completed and tenders have been invited for the same.
    Construction Of Boundary wall arround the MIHAN, SEZ has been awarded to M/s. J. K. Prestressing Works at a cost of about Rs.5 Crores and the construction work is in progress.

  • M/s. Satyam Computer Systems Ltd. has been allocated 100 Acre of land for establishing IT campus in MIHAN SEZ. The MoU was signed on December 5, 2005.

  • M/s. Shapoorji Pallonji & Co. Ltd. has been allocated 100 Acre of land for Information Technology Park. The land has been allocated to them.

  • M/s. L & T Infocity have expressed interest in 120 Acre of land for developing an IT campus, similarly other leading IT firms have expressed interest in developing their campus in the MIHAN, SEZ.

  • M/s. Ambuja Realty Development Ltd., M/s. RMZ Corp., M/s. Karamchand Realtech Pvt. Ltd. and M/s. DLF Ltd. are some of the other companies who have been allocated land in the MIHAN, SEZ.

  • MADC has constantly persuaded Airlines to operate from Nagpur. Jet Airways, Indian and Air Deccan already have daily flights to Nagpur. Air Arabia has started operations from October 16, 2005 to Saharja, India Airlines have started operations to Bangkok and other domestic airlines have approached MADC for night parking.

  • A Consortium of Bankers have sanctioned a loan of Rs.4000 Million and the > State Govt. has allocated Rs.1000 Million for the MIHAN project.