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Orange City is the Top Choice for Residential and Commercial Property

Author: Rahul Kumar
by Rahul Kumar
Posted: Sep 19, 2016

Nagpur is one of the most famous and popular cities from India. It is centrally located in the heart of the country and enjoys the resultant excellent connectivity with the road, rail, and air transport to all the four corner of the country. It enjoys the mellow weather, and the suitable climate attracts people from all corners of India for seeking employment as well as to find a home for themselves.

The recent development of new malls and flyovers has added to the rapid improvement of the infrastructure of the city. The western and central areas of Nagpur such as Trimurti Nagar, Pratap Nagar, Wadi, Hingna, etc. are becoming the top choice regarding residential and commercial growth in the city. The Civil Lines and the Sadar areas are the most preferred residential destinations of the city today but the higher prices of the properties prohibit most buyers from owning or renting a place in them. The city layout is such that most of the residential areas are located in close vicinity to major retail- centric areas such as Dharampeth, Sita Burdi, and Kalamna. It offers for more convenience regarding connectivity.

There are several ideal residential areas that you can choose to get the dream home you have always wanted in, however, there are several important points that should be kept in mind before selecting the plot or flat for your home in Nagpur, such as:

1. Connectivity:

Although Nagpur has one of the country’s most efficient and reliable public transport system, there are very few areas which are comparatively less connected with the rest of the city directly. The public buses in Nagpur connect all four corners of the town to the main central location of Bulge which also has the main bus station for the city of Nagpur. Four major highways act as perfect grid points for being the primary route of most public transport buses inside the city.

2. Rate:

The price of residential property in Nagpur is comparatively less high than in the other central regions. The rates are mostly seen to be calculated depending on the vicinity of the main commercial retail centers of the city as well as a few other factors, such as the cleanliness and the privacy afforded by the area. Rates for residential properties in Nagpur can range from anywhere between INR 300 sq. ft. to INR 3,000 sq. ft. The highest rates for commercial as well as residential properties in Nagpur are found in the Sadar area, followed closely by Dharampeth, Ramdaspeth, Chhaoni, Civil Lines and Wardhaman Nagar.

3. Amenities:

The city of Nagpur has one of the most efficient infrastructures for general amenities such as water supply, healthcare, and other utility services. The NMC holds the record for being one of the top cleanest municipal corporations in the country with efficient cleanliness and maintenance of the vast number of residential areas regularly and with excellent resources and efficiency. The city of Nagpur enjoys convenient water supply which is clean and healthy and comes with regularity which is maintained adequately by the water department of the city. These are some of the major points that should be kept in mind before choosing the ideal location for your dream home in Nagpur. The city is in itself a dynamic social organism which acts as the heart of the country and attracts people from all four corners.

Upcoming Projects:

Multi-Modal International Passenger and Cargo Hub Aircraft (MIHAN):

Most large project city to convert the existing international airport into a major cargo hub for the South Asian region and to develop Special Economic Zone around the airport to the south of the city.

Nagpur Metro Rail:

The advanced metro rail system will connect the northern-most part to the southern-most part via the central commercial region. Work has begun and expected to be completed by 2018.

Meghdoot Project:

Development of ultra-modern township in New Nagpur.

Mahindra-Satyam’s IT Development Center:

The first part of this project has been completed, and the MIHAN-based center is being built into a 1000-seat capacity. IT Development Company with an initial investment of around INR80, 00, 00,000.

All these aspects make Nagpur the top choice for residential & commercial infrastructure development putting construction activities in the fast lane.

About the Author

Rahul Kumar has an excellent Knowledge about investment in Indian Real Estate industry. He passionate about writing about Real Estate market and investment for more details you can check out his latest articles on http://www.buyproperty.com/articles.

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Author: Rahul Kumar

Rahul Kumar

Member since: Sep 08, 2016
Published articles: 50

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