The largest city in central India, Nagpur is a rapidly growing metropolis. It’s one of India’s most industrialized cities, besides being the 13th largest urban agglomeration and the 13th most populous city in India.
During the winters, Nagpur is the seat of the annual winter session of the Maharashtra state assembly. Politically, it’s an important city as it lies in the Vidarbha region of Maharashtra and forms its commercial and political center.
Famous for the Nagpur Orange and being a major trade center for oranges cultivated in the region, Nagpur is also called the Orange City. It also has a lush cover of green, which often helps it rank highly among cities in environmental preservation.
Fruit and greenery aside, infrastructure development in Nagpur is on the rise. The Multi-Modal International Cargo Hub and Airport at Nagpur is a major development project in the pipeline. In the Nagpur real estate segment, the MIHAN project, construction of a residential zone extending across 40 sq. km., holds plenty of promise.
Facts And Figures
Industrial Sector
Connectivity
Nagpur Civic Administration
Nagpur Infrastructure
Infrastructure Projects
Name of the Project |
Impact Areas |
Expected Completion Date |
Remarks |
Multi-Modal International Passenger and Cargo Hub Aircraft (MIHAN) |
The Vidarbha region |
Under Development |
The project has two parts – convert existing airport into a major cargo hub that meets international standards and the development of a Special Economic Zone in the south of Nagpur. |
Nagpur Metro Rail |
Sitabuldi, Mihan, Butibori |
December 2016 |
A rapid transit system, the metro rail will traverse 25 km, from Sitabuldi to Butibori via Mihan |
Meghdoot Project |
Meghdoot, New Nagpur |
Under Development |
Development of a modern township |
Capitol Heights |
Rambagh (and the southern parts of the city) |
2014 |
Construction of 352 flats, multiplex, shopping mall, and other amenities and facilities |
Ultra Mega Power Project |
Maharashtra Industrial Development Construction (MIDC) area, Nagpur |
Completed |
Two 300 MW units have been commissioned, providing a total power output of 600 MW |
Mahindra Satyam’s IT Development Center |
Multi-modal International Cargo Hub and Airport (MIHAN) Special Economic Zone (SEZ) |
Phase I operations likely to begin by March 2014 |
An investment of INR 80 crore is being made on developing a 1000-seat capacity in the development center |
Nagpur Real Estate Market
Key Localities In Nagpur
Localities |
Per Sq. Ft. Price – Q3 2013 (INR) |
Rent Per Month For A 2 BHK Apartment in Nagpur (approx.) (Figures in INR 1,000) |
|
5,263 |
11 |
17 |
|
3,331 |
7 |
11 |
|
2,911 |
9 |
13 |
|
7,265 |
10 |
14 |
|
4,006 |
7 |
8 |
Charges By Government Bodies
Property Registration
Stamp Duty: 6.5%
Registration Charge: 1%, or to a maximum of INR 30,000
VAT: 1%
Service Tax: 2.58% payable proportionately with each installment
Property Tax: 0.1% of capital value
Sewage Tax: 12%
Lighting Tax: 1%
Fire Service Tax: 1%
Education Cess: 2-6%
EGS Cess: 1-3%
Maharashtra State Electricity Distribution Co. Ltd. (MAHADISCOM)
A public sector undertaking of the Maharashtra government, MAHADISCOM is responsible for electricity distribution in the entire state of Maharashtra except Mumbai. It’s the second largest electricity distribution utility in the world.
Electricity Charges
Residential (BPL)
Fixed/Demand Charge: INR 10 per month
Energy Charge: INR 0.76 per kWh
Residential
Consumption Slab (kWh) |
Fixed/Demand Charge |
Energy Charge (INR/kWh) |
0-100 units |
Single Phase: INR 40 per month Three Phase: INR 130 per month |
3.36 |
101-300 units |
6.05 |
|
301-500 units |
7.92 |
|
501-1000 units |
8.78 |
|
Above 1000 units (balance units) |
9.50 |
Water Supply - Nagpur Municipal Corporation
The water supply system in Nagpur is managed by the Nagpur Municipal Corporation.
The water that is supplied to the city of Nagpur is drawn from three sources, Kanhan River, Gorewada Tank and Pench Canal.
Nagpur Water Charges
General Domestic Purpose: INR 5
Process Industries: INR 12.50
Industries Using Water As Raw Material
Mineral Water: INR 39.50
Beverages: INR 37.75
Liquor: INR 32.50
Online Services By Nagpur Municipal Corporation
Recognizing the need for e-governance initiatives, the Nagpur Municipal Corporation (NMC) has put government services online. Services such as the payment of local body tax and property tax, and other needs of the residents like birth and death certificates can now be accomplished online. Additionally, the residents of the city can have their grievances redressed by registering a complaint online on the NMC website.
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