Newly Developed Areas in Nagpur You Should Know
Nagpur, a major city in Maharashtra, has been witnessing rapid development over the years, especially in terms of real estate and infrastructure. With increasing urbanization, the city has become a hotspot for new residential and commercial projects. In this blog, we will explore some of the newly developed areas in Nagpur that offer great potential for investment, lifestyle, and growth.
1. MIHAN: A Hub of Development
One of the most talked-about areas in Nagpur today is MIHAN (Multi-modal International Cargo Hub and Airport). MIHAN has been a game-changer for the city, offering unmatched connectivity to major parts of Nagpur, including the airport, railway station, schools, hospitals, and supermarkets. The location is perfect for people who prefer a well-connected and developed area. MIHAN’s strategic location makes it a highly desirable place for residential and commercial development.
This area is also home to the TCS campus, one of the largest IT hubs in Nagpur. The ongoing construction of the Infosys campus further increases the area’s appeal. As more tech giants set up shop in MIHAN, it promises to transform into a bustling area with a lot of job opportunities, making it ideal for professionals.
Key Features of MIHAN:
- Proximity to the airport and railway station
- A hub for tech and IT companies
- Good connectivity to schools, hospitals, and supermarkets
MIHAN has already attracted a lot of attention from real estate developers, and with further growth on the horizon, it remains one of the most promising areas for both buyers and investors in Nagpur.
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2. Besa: Affordable Housing with High Growth Potential
Besa is another rapidly emerging area in Nagpur that is quickly gaining popularity. Known for its affordable housing options and potential for growth, Besa is quickly becoming a favorite among homebuyers and investors looking for good value. The area is home to several newly launched residential projects, including Shyam Nagri 3, which promises to offer modern living at affordable prices.
Besa’s location is also a key advantage. It is well-connected to other parts of Nagpur and has easy access to essential amenities like schools, hospitals, and markets. The area is expected to grow even more in the coming years as infrastructure development accelerates.
Key Features of Besa:
- Affordable housing options
- Great potential for future growth
- Home to popular projects like Shyam Nagri 3
For buyers looking to invest in a developing area with great promise, Besa should definitely be on their radar.
3. Koradi Road: A Well-Known Stretch with Residential Projects
Koradi Road, a well-established area, connects the popular Sadar locality with the Koradi Thermal Power Plant. It is a developed stretch that has attracted a lot of attention due to its strategic location and easy access to both residential and commercial spaces. Koradi Road is home to Silver Valley, a residential project offering 2 and 3 BHK flats and 3 BHK bungalows, catering to families looking for spacious living options.
Koradi Road is a perfect blend of development and nature, as it is close to the power plant but also offers scenic views and a peaceful atmosphere. This makes it an ideal choice for families and professionals alike who seek a well-developed area with modern amenities.
Key Features of Koradi Road:
- Well-connected to Sadar and Koradi Thermal Power Plant
- Popular residential projects like Silver Valley
- A peaceful, family-friendly environment
With more projects like Silver Valley coming up in the area, Koradi Road is expected to see significant growth in the future, making it a great place to invest in.
4. Manish Nagar: A Promising Area for Investment
Manish Nagar is another area in Nagpur that is quickly gaining traction among homebuyers. With a mix of residential and commercial spaces, this area is well-suited for people who prefer a balanced lifestyle, with close access to both work and play. Manish Nagar is developing rapidly, with many ongoing projects and newly launched residential properties that cater to various budget segments.
The area’s infrastructure is also improving, making it an ideal location for those looking to build a home or invest in real estate. Its strategic location, combined with affordable pricing, makes it a great option for those seeking a balance between convenience and affordability.
Key Features of Manish Nagar:
- Ongoing development with a good mix of residential and commercial spaces
- Improving infrastructure
- Affordable real estate options
For those looking to get in early on a developing area, Manish Nagar offers a lot of potential.
5. Wardha Road: The Gateway to Connectivity
Wardha Road is one of Nagpur’s busiest and most prominent roads, connecting the city to other regions of Maharashtra. As a major route for transportation, Wardha Road is well-connected and increasingly becoming a hub for new real estate developments. The area offers both residential and commercial spaces, catering to diverse needs.
In addition to the convenience of connectivity, Wardha Road is also seeing the launch of several new projects, making it a hot spot for potential buyers and investors. Whether you’re looking for a residential flat or a commercial space, Wardha Road offers a wide range of options.
Key Features of Wardha Road:
- Major transportation route connecting Nagpur to other cities
- A growing hub for new projects
- Wide variety of real estate options
With Wardha Road being a central location in Nagpur, its continued growth and development make it a prime investment destination.
6. Hudkeshwar Road: A Serene Residential Area
Hudkeshwar Road is an emerging area that offers a more serene and peaceful environment compared to the hustle and bustle of other parts of Nagpur. This road is becoming increasingly popular with families looking for a quieter, residential space away from the noise and congestion of the city. The area is also close to essential amenities like schools, hospitals, and shopping centers, making it an attractive place for homebuyers.
Key Features of Hudkeshwar Road:
- Peaceful, residential atmosphere
- Proximity to schools, hospitals, and shopping areas
- Emerging area with great potential for growth
Hudkeshwar Road is perfect for those seeking a calm living environment while still having easy access to all the necessities of city life.
7. Dharampeth: A Blend of Tradition and Modernity
Dharampeth is another well-established locality in Nagpur that continues to develop steadily. Known for its vibrant community and proximity to schools, markets, and cultural sites, Dharampeth offers a unique blend of tradition and modernity. The area is perfect for people who want to live in a place with a rich cultural history while also enjoying modern amenities.
Key Features of Dharampeth:
- Culturally rich area with a blend of old and new
- Proximity to schools, markets, and cultural landmarks
- A well-established locality with steady growth
Dharampeth is a great choice for buyers who want to experience both the cultural heritage of Nagpur and the convenience of modern living.
Recent Projects in Nagpur
Nagpur’s real estate sector is booming, with several new projects sprouting up in various parts of the city. Here are some noteworthy projects:
- Oshian Super City 5 (Mohgaon): A large-scale residential project offering a variety of modern amenities and affordable living options.
- Lakeshore Oasis (Besa Pipla Road): A premium residential development designed for those seeking a peaceful yet well-connected environment.
- Krishna Orchid (Jaiprakash Nagar): A luxurious residential project offering spacious flats and a host of amenities for a comfortable lifestyle.
- Golden Glory (Shankarpur): A villa and bungalow project that promises a premium lifestyle with expansive homes and modern features.
- Om Shivam Buildcon Residency (Shankarpur): A residential project offering a peaceful and green environment with well-designed flats and bungalows.
Conclusion: A Bright Future for Nagpur’s Real Estate
Nagpur’s real estate market is expanding rapidly, with new areas emerging as hot spots for investment and residential living. Whether you’re looking for a well-connected area like MIHAN or a peaceful environment like Hudkeshwar Road, Nagpur offers a wide variety of choices to suit different preferences. The city’s growth, combined with ongoing infrastructure development, makes it an exciting time for homebuyers and investors alike.
If you’re considering buying property in Nagpur, now might be the perfect time to explore these newly developed areas. From affordable housing in Besa to luxurious villas in Shankarpur, Nagpur’s real estate market is evolving, and the opportunities are endless.