Tag: New Nagpur development

IndustryLatest Stories

Nagpur Land Deals Soar, Revenue Rises by ₹147 Crore

NAGPUR: In the last nine months, Nagpur has seen a significant increase in property transactions, reflecting a surge in investor confidence driven by extensive infrastructure projects and its emergence as a rapidly growing urban center. Data from the stamp duty department indicates that over 125,000 land transactions were recorded in Nagpur district, generating a revenue of ₹1,568.60 crore for the government in this timeframe. This represents an increase of over ₹147 crore compared to the same period in 2024, underscoring a consistent growth trend in real estate activities across both urban and rural sectors. Officials attribute this growth to several…

InfrastructureLatest Stories

Nagpur Metro Phase III Extended to New Nagpur and Butibori

File Photo NAGPUR: The expansion of the Metro’s Phase 3 is set to exceed its original limits, with plans to extend the network to New Nagpur and add an additional 5 km stretch beyond Butibori MIDC, greatly expanding the city’s future mass transit infrastructure, according to senior officials from MahaMetro speaking to TOI. The updated plan has been integrated into the Comprehensive Mobility Plan (CMP) and submitted to the government. Initially, Phase 3 was designed primarily as a Sitabuldi-Koradi corridor to enhance connectivity between the city center and the rapidly growing northern region. Current plans include the addition of two…