Nagpur is one of the greenest cities in Maharashtra state and is situated in the town's center. It is also the state capital of Vidarbha. Nagpur is the ideal city for leading a happy and tranquil life despite lacking a beach, mountains, etc. Nagpur has more facilities than any other city in terms of development, however, more than 35000 of its housing units are still vacant. There are 26 lakh people living in the city, but an additional 20 lakh people can still visit and find accommodation there. Investment is a smart decision, but you also feel that it might be financially rewarding. The finest places to live for a flat or house depending on your budget right now; the housing market is moderate, but you can buy a flat or house for between 15 lakh and 15 crore or more. The average rate in the so-called "new" Nagpur is between 30 to 50 lakhs in Manish Nagar and Mihan Besa. You can select a location based on your budget. Except during the summer, Nagpur is the ideal city in which to live. In Mihan, software and IT-based businesses are growing at an extremely rapid rate.
MIHAN, Nagpur real estate prices are expected to rise in the next years. This area is home to numerous IT companies like TCS, Tech Mahindra, Infosys, etc. There, facilities for numerous manufacturing companies, like Patanjali, TAL, and others, have been established. There are nearby daily necessities like hospitals, clinics, malls, theaters, and restaurants. Shiv Kailasa is one of the top residential developments in the MIHAN area. It offers both 2BHK and 3BHK options. Shiv Kailasa offers luxurious flats for sale for less than 45 lakh. It offers a variety of amenities, including a swimming pool, reading room, clubhouse, squash court, basketball court, gym, tennis court, TT court, and others.
Here are some of the things that make Mihan a great place to invest in real estate:-
About the Area:- MIHAN, which stands for Multi-modal International Cargo Hub and Airport, is largely a business hub in the vicinity of Nagpur International Airport. This growing SEZ is host to an information technology park and other export-oriented manufacturing enterprises. Multi-story blocks of flats, gated communities, and single-family homes have all been built there in recent years. The proximity of the SEZ airport, the availability of cheap flats and plots, the quality of public services, and the ease of nearby transportation all lead to the area's high housing demand. Shiv Kailasa is one of the largest residential projects that has been finished and is still going on in the area. It has the best flats in Nagpur MIHAN.
Physical infrastructure includes:- MIHAN is easily accessible from all areas of Nagpur via the Metro, Wardha Road, and the Outer Ring Road. Lokmanya Nagar (Aqua line), Khapri and New Airport (Orange Line), and New Airport are the nearest metro stations. Wardha Road connects the airport, the railway station, and the city center. Outer Ring Road links the industrial centers of Hingna, Mouda, and Butibori. Both Ajni and Nagpur Junction, two of India's busiest train terminals, are within a reasonable driving distance (about 12 to 15 kilometers). The Nagpur International Airport is roughly 10 kilometers from MIHAN.
Communal and commercial framework:-Among the many excellent schools in the area surrounding MIHAN are the DY Patil International School, DPS MIHAN, GH Raisoni Vidyaniketan, Narayana Vidyalayam, and the Government College of Engineering in Nagpur. Poonam Mall, Empress Mall, Trilium Mall, Eternity Mall, and Fortune Mall are some of the larger shopping centers within a ten- to fifteen-mile radius of MIHAN. Lata Mangeshkar Hospital, Swami Vivekanand Medical Mission, Orange City Hospital, and KRIMS Hospital are some of the best hospitals in and around MIHAN (Manish Nagar).
Hotspots for local employment:- MIHAN is an SEZ that includes an IT Park, a Logistics Park, and other Commercial Units in addition to being home to major multinational corporations like TCS, Tech Mahindra, HCL, Wipro, Hexaware, L&T Infocity, Lupin, TCI Supply Chain, and Dassault Reliance Aerospace. And via Hingna Road and Wardha Road, MIHAN is just around 10-20 kilometers from other major employment hubs including Hingna MIDC, Nagpur IT Park, and Butibori MIDC.
Conclusion
The region is being developed to include a lovely place to live, as well as a school, hospital, mall, movie theater, food outlets, etc. Due to ongoing and planned development, MIHAN is an excellent investment destination.
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