Property in Nagpur

The winter capital of Maharashtra, Nagpur is considered as one of the cleanest and the greenest cities in India. It is also one of the fastest growing metropolis in the country and the third most populous city in Maharashtra. Nagpur has been cited as the future global cities. It is also known as the Tiger Capital of India and Orange City. Being a major political and commercial centre, the real estate markets in Nagpur have always flourished with healthy demand and economic prosperity going hand in hand. Nagpur has outperformed several Indian cities in terms of healthcare, public transport and overall livability.

Infrastructure
The Multi-Modal International Cargo Hub (MIHAN) is one of the biggest projects for the Dr. Babasaheb Ambedkar International Airport in the city. This plans to make the airport a major hub for cargo with integrated railway and road connectivity. A Special Economic Zone will be built in southern Nagpur as part of the project. Information technology (IT) major Tata Consultancy Services (TCS) is building a 50-acre campus within this SEZ. An Aerospace Park is being built by business conglomerate Reliance Group in the SEZ. The Nagpur Metro Railway Project is a major infrastructural initiative by the state government.
The Hajira-Kolkata and Kanyakumari-Varanasi Highways pass through Nagpur. The city lies at the junction of the Agra-Matara, Sri Lanka and Kharagpur-Dhule and India Asian Highways. The new Nagpur-Aurangabad-Mumbai Express Highway is another major project along with the Mumbai-Nagpur Expressway. Nagpur Mahanagar Parivahan Ltd (NMPL) and Maharashtra State Road Transport Corporation (MSRTC) run buses serve the city. There are also plans to construct a flyover from Hotel Radisson Blu to Hotel Pride, railway over bridge (RoB) at Manish Nagar and enhance the four-lane road from Zero Mile to Kamptee. Nagpur is one of the cities under the Centres Smart City project. Under the scheme, there are plans to make the city the first Model Solar city and implement 24x7 water supply scheme. There are also plans to make it an inclusive city by 2025.

Real estate
Nagpurs property market is witnessing huge demand in areas like Civil Lines, Wardha Road, Manish Nagar, Godhani, Mankapur, Manewada, Zingabai Takli, Pratap Nagar and Shankar Nagar, among others. Civil Lines is one of the most expensive areas in Nagpur. Northern areas like Tekanaka, Friends Colony and Byramji Town are showing huge potential along with southern counterparts like Hanuman Nagar, Trimurti Nagar and Besa. Eastern and western zones which are hotspots in the realty market include Wanjari, Panchpaoli, Ayodhya Nagar and Shivaji Nagar, Dharampeth, Amravati Road and Laxmi Nagar. These areas are witnessing new launches in both luxury and affordable housing segments. In Nagpur, the plot schemes are more in demand than the township projects. The real estate boom in the city has also generated employment for many.
Property taxes in Nagpur can be paid online on the official website of the Nagpur Municipal Corporation. All zonal corporation offices are also equipped with e-payment facilities and offer computerised tax bills to residents. Properties purchases have to be registered at the Sub-Registrars Office.

Demographics
The population of Nagpur is about 4.6 million, as per Census 2011. The decadal population growth in the city in 2011 is 14.4 per cent. The sex ratio in Nagpur is 951 women per 1,000 men and the literacy rate of the city is 88.4 per cent.

Governance
The Nagpur Municipal Corporation (NMC) started operations in 1951. It was earlier called Municipal Council of Nagpur at the time of its inception in 1864. The key responsibilities of the NMC is to provide basic urban services such as sewerage, water supply, slum improvement, street lighting, roads and others. The NMC co-ordinates with several government organisations such as the Maharashtra Housing and Area Development Authority (MHADA), the Nagpur Improvement Trust (NIT) and the Maharashtra Pollution Control Board (MPCB) to deliver basic urban services to citizens. There are 10 zonal offices in Nagpur and a total of 145 wards which are represented by their corporators. The NIT is the local planning authority carrying out all development work in the city. The Nagpur Police supervise law and order and is headed by the Police Commissioner. Multiple health schemes are maintained by the NMC in collaboration with UNICEF, Central and State Government and World Health Organization.

Industry and employment
Nagpur is one of the fastest growing cities in terms of economic and business growth. The city is a prominent trading location owing to its strategic location. It is home to the regional office of the Reserve Bank of India (RBI) and several other financial institutions. Companies like Baidyanath, Vicco, Haldirams, Dinshaws and Actchawa have offices here. The city has a thriving power sector, along with a flourishing IT sector, courtesy companies like Wipro Technology, L&T Infocity, Infosys and Zeon Solutions. The Butibori Industrial Zone is home to numerous companies in fields like manufacturing, engineering, technology and commerce. The SEZ is already playing host to some of Indias biggest multinationals.

Lifestyle
Nagpur offers multiple tourist attractions such as wildlife reserves and tiger sanctuaries, temples and monuments. Nagpur also has a dynamic cricket and football culture with top-notch practice facilities. This includes the Vidarbha Cricket Association Stadium. Several cultural events and festivals are held in the city throughout the year and it is dotted with cultural centres and performance venues. The city offers its own blend of traditional cuisine along with several restaurants and entertainment areas. Vibrations Lounge, Ten Downing Street and Breakfast Story are some the popular restaurants in the city to relish delicious food. The city is also known for its shopping complexes and markets, including the Sitabuldi Commercial Zone, WHC Road, Dharampeth and Residency Road. Some of the shopping malls in the city include Empress City Mall, Eternity Mall and Poonam Pride Mall.