Nagpur, which is in Maharashtra, is also known as the "Orange City." It is a big metropolis that contributes significantly to the state's economy. It is actually referred to as Maharashtra's second capital. It is quickly gaining a name for itself as India's most potential investment location. Infrastructure improvement is what is causing Nagpur to become a popular investment place.
There are several IT and IT-related businesses in Nagpur. Because of its excellent connections and skilled manpower, Nagpur is recognized as a desirable location. It satisfies all of the power and connection requirements of the IT company. Many other IT companies, including Wipro, Infosys, and HCL, have already established centers in Nagpur. There are numerous prospects for investment and growth in this sector.
Nagpur is quickly rising to the top of the most desirable locations for real estate investment. Property investors have developed a keen interest in the area since the city was included in the list of smart cities. One of the best locations in Nagpur for investing in Mihan. The best flats in Mihan Nagpur are owned by Shiv Kailasa. They have an affordable flats scheme in Nagpur. If you want to invest in real estate, visit Shiv Kailasa in Mihan. There is no question that Mihan in Nagpur is going to be a more desirable place to live in.
Here are some of the factors that contribute to Mihan being a hotspot for real estate investment:-
Locality introduction and neighborhood:- MIHAN, which stands for Multi-modal International Cargo Hub and Airport, is primarily a commercial hub close to Nagpur International Airport. It is a growing Special Economic Zone (SEZ) that is home to an IT Park and many industrial facilities focused on export. It has seen some significant residential construction in the last few years, including multi-story apartments, gated communities, and plots. The demand for housing in the area is driven by the SEZ airport's close proximity, as well as by the area's affordable flats and plots, good public amenities, and excellent connectivity. Shiv Kailasa is one of the largest completed as well as ongoing residential projects in the area.
Physical infrastructure:- MIHAN has convenient access to all parts of Nagpur via the Metro, Wardha Road, and the Outer Ring Road. The closest metro stations are Lokmanya Nagar (Aqua line), Khapri and New Airport (Orange Line), and New Airport. The airport, train station, and city center are all accessible via Wardha Road. The industrial hubs of Hingna, Mouda, and Butibori are connected by the Outer Ring Road. Major rail hubs Ajni and Nagpur Junction are close by, at a distance of 12 to 15 kilometers. MIHAN is about 8 to 10 kilometers from Nagpur International Airport.
Social & retail infrastructure:- Some well-known educational institutions in and near MIHAN are DY Patil International School, DPS MIHAN, GH Raisoni Vidyaniketan, Narayana Vidyalayam, and Government College of Engineering Nagpur. Major malls within 10-15 miles of MIHAN include Poonam Mall, Empress Mall, Trilium Mall, Eternity Mall, and Fortune Mall. Major hospitals in and near MIHAN include Lata Mangeshkar Hospital, Swami Vivekanand Medical Mission, Orange City Hospital, and KRIMS Hospital (Manish Nagar).
Employment hubs in the area:-In addition to prominent MNCs like TCS, Tech Mahindra, HCL, Wipro, Hexaware, L&T Infocity, Lupin, TCI Supply Chain, and Dassault Reliance Aerospace, MIHAN itself is a Special Economic Zone (SEZ) made up of an IT Park, Logistics Parks, and other Commercial Units. Furthermore, MIHAN is just around 10 to 20 km away from other important employment centers including Hingna MIDC, Nagpur IT Park, and Butibori MIDC, all of which are reachable via Hingna Road and Wardha Road.
Conclusion
A pleasant location to stay, a school, hospital, mall, movie theater, food outlets, etc. are all evolving more and more, and the surrounding area is being created. MIHAN is a wonderful place to invest, mostly because of the recent and upcoming improvements in the area.
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