- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- Commercial Real Estate Show - Sponsored by Bull Realty on Why do so many commercial real estate agents falter?
- Bull Realty, Inc. on Why do so many commercial real estate agents falter?
- jdigglesjr on OH, CRE (OH, COMMERCIAL REAL ESTATE) – song econoparody from versusplus.com
- DMeNTeD4U on OH, CRE (OH, COMMERCIAL REAL ESTATE) – song econoparody from versusplus.com
- thedemoboy on OH, CRE (OH, COMMERCIAL REAL ESTATE) – song econoparody from versusplus.com
Posts Tagged ‘expanding’
Nagpur – the expanding realty scenario
Nagpur is famed as the âOrange City’ of India, has transformed over the last few years into a metropolis embellished with high end living, luxurious residential complexes, improved infrastructure and sound healthcare facilities. The third largest city of Maharashtra following Mumbai and Pune respectively, Nagpur is fast emerging as the upcoming Industrial and Multinational hub.
Nagpur is sprawling to become a potential real estate market with the developing commercial and residential sectors. According to the 2001 Census, Real Estate Property Agents Nagpur is the country’s 13th largest urban agglomeration. Â Â
Transformation in lifestyle and social set up has triggered a more talented, aware and informed generation that seeks quality living and a sound employment scenario. As Nagpur is bracing further to accommodate further commercial expansion by IT, I.T.E.S and BPO Sectors, factors such as sound infrastructural amenities, vital location and sound connectivity to Mumbai cater immensely to the real estate investments multiplying in the city.
Another crucial reason for the expanding Nagpur real estate is the huge inflow of working professionals shifting base to the city with the growing job opportunities generated by the widening commercial sector. The consistent transfer of individuals into the city with the upcoming commercial sector has led to further development in the residential sector.
Nagpur is undergoing significant economic boom over the recent times. With the developing commercial inflation, there have been significant demands for residential spaces across the city.
The realty sector of the city is thus witnessing price hikes with increasing demands from the commercial as well as residential segments.
The property trends ascribing to the commercial sector are on an upturn with the availability of abundant land at affordable rates. Investments from prime multinational companies, IT and BPO firms have led to increasing demand for office and marketing spaces. The values of the commercial segment have considerably increased with the growing demand that flow in. the realty graphs also undergo an upswing with the increasing operational bases of prominent firms being established in the city.
With a wave of eminent firms such as Genpact, Wipro and Infosys setting base in the city, the real estate values are expected to further inflate giving significant economic boost to the city. Also, the value figures of Maharashtra Airport Development Authority (MADC) is Rs.80000 per acre, whereas property prices of upcoming commercial areas of Nagpur are touching the limit of Rs.2 crore per acre.Â
Nagpur’s residential sector is emerging significantly in the real estate market of the city. The residential sector is being expanded to the peripheries of the city like its north-west, north-east and southern fringes. Properties in areas such as Civil Lines, Dhantoli, Shankar Nagar and Ramdaspeth command high prices such as Rs.3500/sq.ft. Whereas rates of residential colonies like Pratap Nagar, Surendra Nagar and Vardhaman Nagar range between Rs.1200 to Rs.2000/sq.ft.
Residential projects like Pioneer Regency are also floating on high priced values, accelerating enormous real estate benefits for the city.
The retail sector is also fast picking up the upward trend with expanding shopping arenas. The market of property in Nagpur is escalated by demands for land for the expansion of retail sector to satisfy shopping needs of the city’s population. There have been considerable investments from potential builders and property financers for developing luxurious shopping malls for a lavish shopping experience.
The realty market is therefore further augmented with the consistently growing commercial, residential and retail advancements.
The city is witnessing substantial growth in its real estate with the intense requirements for properties. With the interests of prospective NRI buyers is also escalating property values in Nagpur. Property investments in the city are expected to increase further triggering development on a higher scale in the real estate segment. Nagpur is increasingly being viewed as a ripe location for investing in large-scale property deals.
Kriti Seth writes on behalf of 99acres.com, which is an internet portal dedicated to meet every aspect of the consumers needs in the real estate industry. It is a forum where buyers, sellers and brokers can exchange information, quickly, effectively and inexpensively. At 99 acres, you can advertise a property, search for a property, browse through Nagpur property and other Properties.