Nagpur is the largest city in central India (2001
Census) and second capital of the state of Maharashtra. It has a
population of 4.6 million and it is the 13th largest urban
conglomeration in India in 2001 (2001 Census).
In 2006 nagpur real estate market saw uneven appreciation in
land prices. An average prices appreciated by35% apprx. In 2005, the rate of
appreciation was bit low 31%.
The appreciation of the real estate investment seeing
overall development like IT and heavy industry are growing at a parallel pace
to push Nagpur to highest rank in Knight Frank’s list of emerging
cities,MIHAN projec, Infosys, Boeing, MRO, and many more projects like Empress
city, Sahara city, Pioneer, Reliance, TCS, etc. Service and industry have
created enormous employment opportunities, Demand is high for
