Thanks to the
Multi-modal International Cargo Hub and Airport (MIHAN), a SEZ (special
economic zone), Nagpur has been identified as a promising city for the IT &
BPO.
Recently, Mahindra
Satyam commenced construction work on its IT development centre at MIHAN.
First City is the
first residential township of MIHAN, selling at about Rs. 3,500 a square feet
now from Rs. 2,600 a square feet a year ago.
According to property
consultants, developers will cash in on this opportunity soon, with a sizeable
working population shifting to MIHAN & given the fact that this is the only
township available in the area.
One can also consider
buying residential properties at Hingna & Wardha Road, within 5 km of
MIHAN. Today, a 2 BHK (two bedrooms, one hall, one kitchen) flat in Hingna
commands a rent of Rs. 6,200 a month. By next year, it is expected to go up to
Rs. 8,000.
A 2,000 square feet
bungalow in H B Town near MIHAN can set you back by Rs. 1.20 crore, as against
Rs. 1.10 crore a year ago.
Src: BS
No comments:
Post a Comment