Comments on: Nagpur Land Appreciation Graph

By: AJ

AJ — Thu, 03 Dec 2009 11:40:43 +0000

Alert citizens – Thank you for providing the information you did. can you provide more that you promised? Have the rates stabilized now?

By: hirekhan

hirekhan — Wed, 11 Feb 2009 12:33:57 +0000

Pl.let me know latest rates in areea of R.E.C. Nagpur,the residential area.

By: Alert Citizens

Alert Citizens — Mon, 27 Oct 2008 17:23:50 +0000

It has been informed from reliable source that L&T IT park at MIHAN SEZ postponed the project same thing with DLF and other major IT Park projects (satyam, etc.) there will no township for next 4 years by Raheja, and Satyam Infrastructure. All developers are fooling people by selling plots near so called cities.
Most Important thing is Water Resources Dept. inform MIHAN that they are only able to provide water to MIHAN only and not for these lay-outs near MIHAN.
Same thing with MSEDCL, An electricity distribution company of Maharashtra given such instructions that they are not able to provide the ample of power to this layouts, It will take 12 years to build infrastructure to provide such huge power supply.

Boeing : the biggest share of it in MIHAN not given clear indication to built plant, same will take 5 year to get developed.

Leading news paper ‘Hitvada’ publish news about it, but from last some days they are not publishing it. ????

I think awareness is essential for those who are investing is such layouts where no norms are being followed (roads, sewerage lines etc.)

All this information is from reliable sources and for common man who invest is hard earn money in such lay-outs.

More information is coming soon with more details keep watching..

By: gulshan bhutani

gulshan bhutani — Sun, 07 Sep 2008 04:05:54 +0000

i think wardha road particurlarly as good as south of delhi within five years positively

By: sss

sss — Thu, 31 Jul 2008 08:07:47 +0000

WWho wrote this useless stuff…..Do u write just for the sake of writing. U know what….nagpur is becoimg notoriously famous for price appreciation and most of the money in here is from balck economy due to which the salaried middle class is suffering.

By: s

Wed, 18 Jun 2008 10:14:53 +0000

comments above are trivial

By: dinesh

dinesh — Thu, 22 May 2008 20:02:28 +0000

I don’t think this data is authentic at all. From first hand experience, I can tell that the land prices have appreciated more than 100%. I bought plots around Rs300/sq ft in 2006. I can challenge anyone to give me similar land around wardha road now for Rs1000-1100/sq ft. I buy it at that price.
So, the data here is not accurate. The price appreciation is a whole lot than what’s shown here.

By: Rajesh

Rajesh — Wed, 30 Apr 2008 09:30:54 +0000

We are expecting a good Appreciation ,but it all depends on the IT companies which are going to start in Nagpur.And the rate of appreciation is just on cards…

By: rohit d

rohit d — Sat, 26 Apr 2008 18:15:11 +0000

its good that land prises are not increasing in nagpur like pune and banglore, even a middle class person can afford to buy a home in nagpur

By: pk

pk — Tue, 22 Jan 2008 13:20:57 +0000

i live in Pune, maharashtra. In Pune the price appreciation of land is atleast 100% in 2006 and 150% in 2007. Compared to this the nagpur price appreciation is quite low.

Are you talking of government figures here or the real price data.