Property Investment in Nagpur: All You Need to Know

Nagpur, a beautiful city in the Indian state of Maharashtra, is renowned as the "Orange City" due to its significant orange cultivation. This comprehensive guide highlights promising opportunities for property investment in Nagpur.

What is Property Investment in Nagpur?

Nagpur, a beautiful city in Maharashtra, presents lucrative opportunities for property investment. With its strategic location on the Mumbai-Kolkata corridor and booming infrastructure projects like the Nagpur Metro, it's a hotbed for real estate growth.

Residential properties in areas like Dharampeth and Civil Lines offer high rental yields, averaging Rs. 10,000 to Rs. 15,000 per month for a 1BHK apartment. Investors capitalise on Nagpur's affordable property rates, with an average price of around Rs. 4,963 per square foot, ensuring promising returns in the long run.

Factors to Consider Before Investing in Nagpur Real Estate

Economic Growth

Nagpur's economic landscape is rapidly expanding and fueled by manufacturing, aviation, logistics, and IT sectors. For instance, the Multimodal International Hub Airport Nagpur (Mihan) has attracted significant players like Infosys, TCS, Tech Mahindra, and HCL Technologies, contributing to job creation and economic prosperity.

Infrastructure

Nagpur's real estate growth is intricately tied to its burgeoning infrastructure developments. Projects like the Nagpur Metro network expansion, Mumbai-Nagpur Expressway, Nagpur-Goa Expressway, Nagpur Outer Ring Road, and the proposed high-speed rail corridor promise enhanced connectivity and accessibility. Areas like Jamtha, Mihan, Shankarpur, and Wardha Road are witnessing significant infrastructure upgrades, amplifying their investment appeal.

Affordability

Nagpur offers a more affordable entry point into the real estate market than major metropolitan cities. With average plot rates around Rs. 4,000 per sq ft, investors can expect substantial returns on their investment—this affordability factor and the city's continuous development position Nagpur as a lucrative destination for long-term investors.

Rental Yield

Investing in plots in Nagpur also presents a promising prospect for rental yield. The growing demand for residential and commercial spaces and the city's expanding population ensure a steady rental income stream for investors. The average rent in Nagpur is Rs. 16,286. Areas like Butibori, Kamptee Road, and Mihan have shown considerable appreciation in plot prices over the years, offering attractive rental returns.

Potential for Growth

Nagpur's status as an intelligent city and initiatives like Mihan underscores its immense growth potential. With significant investments pouring into sectors like aviation, IT, and manufacturing, the city is poised for sustained real estate development. Plotted developments, in particular, are projected to witness maximum appreciation, making it a suitable time for investors to capitalise on Nagpur's growth trajectory.

Demand of the Location

The demand for plots in Nagpur is rising and is driven by affordability, infrastructure development, and economic growth. Areas like Wardha Road, Mihan, and Butibori are witnessing heightened demand due to their proximity to key employment hubs and strategic locations. Investing in plots in these high-demand locations ensures a steady influx of tenants or buyers, maximising investor returns.

RERA

Investors in Nagpur can rest assured about the safety of their investment, thanks to the Real Estate Regulatory Authority (RERA) guidelines. With stringent regulations, developers must adhere to timelines and quality standards, ensuring transparency and accountability in real estate transactions. This regulatory framework enhances investor confidence and mitigates risks associated with property investment.

Builder

Investors should carefully assess the reputation of builders before investing in Nagpur's real estate market. Opting for renowned developers with a track record of delivering quality projects ensures peace of mind and minimises the risk of delays or disputes. Projects like Moraj Waterfall Gateway by Moraj Buildcon exemplify the commitment of reputed developers towards delivering integrated townships with modern amenities, further enhancing the investment appeal of Nagpur's real estate market.

Steps to Invest in A Property in Nagpur

Step 1: Conduct a market survey to establish your investment budget.

Initiate your property investment journey in Nagpur by researching the real estate market and determining your investment capacity. Consider factors like property prices, location, and potential returns to refine your budget.

Step 2: Shortlist properties that align with your criteria.

Refine your choices by selecting properties that meet your specific requirements. Consider location, size, amenities, and growth potential to create a shortlist of promising options.

Step 3: Schedule visits to the shortlisted properties to evaluate their various aspects, including infrastructure and accessibility.

Arrange site visits to assess the properties personally. Evaluate factors like infrastructure quality, proximity to essential amenities such as hospitals and schools, transportation options, and the overall neighbourhood ambience to make an informed decision.

Step 4: Conduct a thorough background check and verify all property documents before finalising a property.

Before making a decision, conduct a comprehensive background check on the seller or builder. To ensure no legal issues or encumbrances, verify the authenticity of all property documents, including ownership records, land titles, and local authorities' approvals.

Step 5: Once satisfied with the property, prepare all necessary documentation for the purchase.

After confirming the property's legality and suitability, gather all required paperwork for the transaction, including drafting a sale deed, purchase agreement, and other relevant documents, to formalise the purchase process and avoid future complications.

Step 6: Complete the purchase by paying stamp duty and registration charges.

Finalise the property acquisition by fulfilling the payment terms as agreed upon. Complying with stamp duty and registration fee requirements to legalise the transaction and secure your ownership rights is necessary.

Benefits of Investing in Nagpur Real Estate Property

Superb Connectivity

The Nagpur Metro, a modern urban transit system, seamlessly traverses the city, enhancing accessibility for residents and commuters. The Nagpur-Mumbai Expressway and the Multimodal International Hub Airport Nagpur (MIHAN) further bolster connectivity, attracting significant investment interest. For instance, the proposed Communication Super Expressway promises to elevate Nagpur's connectivity quotient to unprecedented levels.

Infrastructure Development

Remarkable infrastructure development initiatives underpin Nagpur's evolution into a major IT hub. Key players like Infosys and TCS have already established their presence near MIHAN, while plans for prestigious educational institutions like IIM and AIIMS are underway. Additionally, the Butibori Industrial Estate, housing renowned companies such as ACC Nihon Castings and Hyundai Unitech, underscores Nagpur's status as an industrial powerhouse. Such infrastructural advancements fuel economic growth and drive demand for residential and commercial properties.

Industrial Hotbed of India

With a thriving mining sector and Asia's largest industrial estate, Butibori Industrial Estate, Nagpur is a magnet for industrial investment. Over 900 industrial units, including prominent brands like Haldirams and Mahindra, highlight the city's industrial prowess.

Better Living Conditions

Nagpur offers an unparalleled quality of life, characterised by affordable real estate, superior social infrastructure, and a salubrious climate. Residents enjoy access to top-notch amenities and recreational facilities, making Nagpur an ideal place to live, work, and invest in real estate.

Premier Holiday Destination

Nagpur's status as a favoured holiday destination contributes significantly to its real estate appeal. Attractions like Seminary Hills, Deekshbhoomi, and numerous tiger reserves draw tourists year-round, creating a constant demand for hospitality and residential accommodations.

Spectacular Residential Projects

Projects like Suncity Raj Enclave and Leverage Green Aster offer a blend of commercial and residential plots, catering to diverse investor preferences. With competitive pricing and strategic locations, such developments exemplify the city's potential for real estate investment, enticing local and international investors.

Top Locations for Real Estate Property Investment in Nagpur

Manewada

Manewada emerges as an affluent residential enclave in Nagpur, characterised by upscale living and robust infrastructure. With properties like Shree Laxmi Pride by Shree Laxmi Venture, offering modern amenities and conveniences, Manewada attracts discerning investors seeking premium living spaces. Boasting property rates averaging Rs.3,900 per sq. ft., this locality ensures a high standard of living with esteemed educational institutions like St Vincent School and healthcare facilities such as Kalpavruksha Hospital.

Koradi Road

Koradi Road epitomises sophistication and connectivity, linking vital areas of Nagpur while offering many residential options. Leverage Green Aster by Leverage Group stands out as a testament to luxury living in this area. With property rates around Rs.3,275 per sq. ft., Koradi Road hosts prestigious educational institutions like Podar International School and healthcare facilities like Alexis Multispeciality Hospital. Its proximity to employment hubs like Nagpur IT Park adds to its investment appeal.

Wardha Road

Wardha Road emerges as a prime investment destination, connecting key thoroughfares and featuring upscale residential projects like Pioneer Orchid by Pioneer Group. With property rates averaging Rs. 3,842 per sq. ft., Wardha Highway offers convenience and luxury living. Noteworthy facilities include M.K.H Sancheti Public School and Suretech Superspeciality Hospital, making it an ideal choice for families and professionals.

Narendra Nagar

Narendra Nagar is a rapidly evolving residential hub with modern developments and superior amenities. Kaavya Residency 9 by Mangal Kashi epitomises luxury living in this locale, with property rates soaring at Rs. 4,908 per sq. ft. Premier educational institutions like Dharampeth Public School and healthcare facilities like Care Hospital ensure a high quality of life. Its connectivity to major transportation hubs and employment centres enhances its investment allure.

Trimurti Nagar

Situated on the western outskirts of Nagpur, Trimurti Nagar epitomises elegance and exclusivity in the city's real estate landscape. With property rates averaging Rs. 4,835 per sq. ft., this upscale locale hosts prestigious institutions like Visvesvaraya National Institute of Technology and healthcare facilities like Orange City Hospital & Research Institute. Trimurti Nagar's proximity to employment hubs like Mihan SEZ adds to its investment appeal.

Nandanvan

Nandanvan in Nagpur is a prime location for property investment due to its rapid development and excellent connectivity. The area is well-connected through major roads like Ring Road, Chandrapur-Mul-Nagbhir-Nagpur Highway, and Great Nag Road, ensuring seamless commuting. It also boasts metro stations such as Ambedkar Square and Vaishnodevi Square for added convenience.

The average property rate in Nandanvan is Rs. 3,950 per sq. ft, with rental income for a 3 BHK apartment averaging Rs. 25,050 per month. Its proximity to IT hubs, educational institutions, banks, hospitals, and traditional eateries enhances its appeal. Key landmarks like Shaashti Nagar NIT Garden and Shree Shani Mandir add cultural value.

Nandanvan’s strong infrastructure, accessibility, and steady property appreciation make it a top choice for investors seeking long-term growth and rental returns.

Ganesh Peth

Ganesh Peth, located in central Nagpur, is a prime choice for property investment due to its strategic location, excellent connectivity, and strong civic infrastructure. With an average property rate of Rs. 6,050 per sq. ft, 2BHK and 3BHK apartments dominate the market, offering various options.

The area boasts excellent connectivity via major highways like Wardha Road and NH-6, as well as proximity to Nagpur Railway Station (2 km) and Nagpur Airport (10 km). Social amenities include top educational institutions, hospitals, malls, and recreational spaces like Gandhisagar Lake and PVR multiplex.

Ganesh Peth’s well-planned infrastructure, ample parking, and seamless access to key city hubs make it a hotspot for growth, ensuring higher property appreciation and attractive rental returns in the future.

Byramji Town Road

Byramji Town, centrally located in Nagpur, offers excellent investment opportunities with an average property rate of Rs. 7,100 per sq. ft. It features 3 BHK apartments priced between Rs. 47.95 lahks and Rs. 3 crores for sale and rental rates ranging from Rs. 35,050 to Rs. 70,050 monthly. The locality is known for its ample parking space and well-maintained roads, which are rated highly by residents.

The area is family-friendly, with reputed schools like Mother’s Kids Convent and Era International School nearby. Hospitals such as Arogyam Superspeciality Hospital and Medwin Critical Care ensure healthcare needs well. With its prime location, modern infrastructure, and promising property appreciation, Byramji Town Road is a preferred choice for investors.

Hajaripahad

Hazaripahad in Nagpur offers excellent property investment opportunities with an average rate of Rs. 6,150 per sq. ft and 3 BHK apartments priced between Rs. 44.01 lakh and Rs. 60.01  lakh. 

The locality boasts top schools like Centre Point School and quality healthcare facilities such as Prakruti Hospital. Its proximity to metro stations and well-connected roads ensures seamless commuting. With ample parking, high user ratings for road quality, and growing infrastructure, Hazaripahad promises strong appreciation potential.

Wathoda

Wathoda in Nagpur offers affordable property rates averaging Rs. 3,150 per sq. ft, with 3BHK options priced between Rs. 55.01 lakh and Rs. 2.10 crore. Excellent connectivity, ample parking, and high road quality ensure investment potential.

The area offers exceptional connectivity to other parts of the city through Itwari Junction and Kalamna railway stations. Residents can enjoy easy access to reputed hospitals, including NewEra, SevenStar, and ESI, as well as famous schools like Shri Vivekanand High School, St Xavier High School, and Saroj High School. 

Besa

Besa is emerging as a prime residential hub in Nagpur, offering modern apartments, villas, and luxury bungalows. Its proximity to National Highway 44, Ajni and Khapri railway stations, and Dr. Babasaheb Ambedkar International Airport enhances connectivity. 

Besa features top-tier schools, colleges, hospitals, shopping centres, and entertainment options. Nearby IT hubs like Infotech Park and Techfinity Park are ideal for professionals. With premium infrastructure and strong appreciation potential, Besa offers residential comfort and investment opportunities.

Prominent Real Estate Projects in Nagpur

Kukreja Paris City in Nandanvan

Address: Kukreja Paris City, Middle Ridge Road, Ishwar Nagar, Nandanvan, Nagpur 440024

Price: Rs. 1.5 Crore - Rs. 2.75 Crore

Possession: 30 December 2029

Specifics: 

• BHK: 3, 4 BHK
• Super Built-Up: 1980 Sq Ft - 3590 Sq Ft
• No. of Units: 486
• No. of Towers: 6
• No. of Floors: 30

Kukreja Paris City is a premium residential project spread across 10 acres. Situated in Nandanvan, this project features thoughtfully designed apartments that cater to a luxurious and comfortable lifestyle.

The project offers up-to-the-minute amenities, including a gym, infinity-edge swimming pool, spa room, amphitheatre, meditation zone, and indoor games. Sports enthusiasts can enjoy facilities like a cricket ground, badminton, volleyball, basketball courts, and a jogging track. 

For families, there are kids’ play areas, a senior citizen sitting area, and a multipurpose play court. The reflexology path, gazebo, and pergola with seats add a touch of leisure.

The fire-fighting system and power back provide a secure environment. Vastu-compliant designs enhance holistic living, making Kukreja Paris City a perfect choice for modern families.

Kukreja Anandam World City in Ganesh Peth

Address: Kukreja Anandam World City, Near Godrej Anandam, Nilay Murarka Marg, Ganesh Peth, Nagpur 440018

Price: Rs. 1.2 Crore - Rs. 2.1 Crore

Possession: 30 December 2025

Specifics: 

• BHK: 2, 3, 4 BHK
• Super Built-Up: 1350 Sq Ft - 2525 Sq Ft
• No. of Units: 189
• No. of Towers: 2
• No. of Floors: 13

Kukreja Anandam World City, located in Ganesh Peth, spans an expansive 29 acres, offering a perfect blend of nature and modernity. 

The project boasts impressive amenities, including a yoga room, meditation zone, clubhouse, party lawn, children’s play area, and a senior citizen plaza. Sports enthusiasts can enjoy a multipurpose court, jogging and cycle tracks, gymnasium, and indoor games. Additionally, there are dedicated spaces like a relaxation zone and a society office for enhanced convenience.

Kukreja Anandam World City prioritises safety with 24/7 security, CCTV surveillance, smart locks, fire-fighting systems, and reserved parking. Its prime location and exceptional features redefine urban living for a harmonious lifestyle.

Kukreja Embassy 2 in Byramji Town Road

Address: Kukreja Embassy 2, Near Mangalwari Park, Byramji Town Road, Nagpur 440001

Price: Rs. 3.15 Crore - Rs. 3.9 Crore

Possession: 30 December 2028

Specifics: 

• BHK: 4 BHK
• Super Built-Up: 2980 Sq Ft - 3690 Sq Ft
• No. of Units: 36
• No. of Towers: 1
• No. of Floors: 16

Kukreja Embassy, situated on Byramji Town Road, redefines luxury living with exquisite high-rise apartments. Designed for those who seek exclusivity and elegance, this project offers sophistication and functionality. 

Spanning 0.45 acres, this project boasts a variety of amenities, including a clubhouse, meditation zone, multipurpose hall, and society office. Residents can enjoy a gymnasium, jogging track, cycle track, and indoor play areas for leisure and recreation. 

Dedicated spaces for children and senior citizens, such as a play zone and walking track, cater to the needs of all age groups. Furthermore, safety amenities like CCTV surveillance and earthquake-resistant structures make living safer. 

Mittal Atlantis in Hajaripahad

Address: Mittal Atlantis, Near Veterinary College, Vayusena Nagar, Hajaripahad, Nagpur 440007

Price: Rs. 1.85 Crore - Rs. 5.05 Crore

Possession: 30 December 2028

Specifics: 

• BHK: 3, 4, 5 BHK
• Super Built-Up: 2280 Sq Ft - 6090 Sq Ft
• No. of Units: 74
• No. of Towers: 1
• No. of Floors: 21

Mittal Atlantis, located in the tranquil neighbourhood of Hajaripahad, Nagpur, offers an exceptional blend of luxury and comfort. Spanning 1.68 acres, this prestigious residential project is designed to cater to the tastes of modern homeowners, featuring meticulously crafted units with contemporary designs and premium finishes. 

The project boasts a wide range of amenities, including a yoga room, gymnasium, swimming pool, and meditation zone, ensuring a well-rounded lifestyle. For recreation, residents can enjoy indoor games, a community club, and jogging and cycle tracks. 

Dedicated zones for children and senior citizens, as well as nature walks, create a harmonious living environment for all age groups. Safety and convenience are enhanced with features like 24/7 power backup, a multipurpose hall, and a reflexology path.

Kukreja Infinity East in Wathoda

Address: Kukreja Infinity East, Middle Ring Road, Opposite Bharat Petroleum Pump, Wathoda, Nagpur 440024

Price: Rs. 80 Lakh - Rs. 1.4 Crore

Possession: 30 November 2025

Specifics: 

• BHK: 3, 4, 4.5, 5 BHK
• Carpet Area: 1740 Sq Ft - 2710 Sq Ft
• No. of Units: 80
• No. of Towers: 1
• No. of Floors: 21

Kukreja Infinity East offers an exquisite living experience with a blend of luxury and functionality and spans 1.07 acres. Located in Wathoda, it ensures easy access to hospitals, schools, shopping centres, and other important services, making it a preferred choice for urban living.

The project features a wide range of amenities, including a swimming pool, gymnasium, meditation zone, and community club, catering to the recreational and fitness needs of residents. Dedicated spaces like a kids’ play area, senior citizen sitting zone, and walking tracks ensure a harmonious environment for all age groups.

Safety is a top priority, with features like CCTV surveillance, 24/7 security, earthquake-resistant structures, and fire-fighting systems. Kukreja Infinity East combines convenience, comfort, and security, creating the perfect setting for a modern lifestyle.

Whitepanda Anand Forest in Besa

Address: Whitepanda Anand Forest, Near Mahendra Health Retreat, Ghogali, Besa, Nagpur 440037

Price: Rs. 60 Lakh - Rs. 1.2 Crore

Possession: 30 March 2026

Specifics: 

• BHK: 3, 4 BHK
• Super Built-Up: 1360 Sq Ft - 2500 Sq Ft
• No. of Units: 24
• Property Type: Apartment, Independent House and Villa

Whitepanda Anand Forest is a modern residential project that spans 0.82 acres. Located in Besa, it is well-connected to schools, hospitals, shopping centres, and major workplaces like Mihan, Infosys, and AIIMS.

The residential project is enriched with amenities such as a swimming pool, gym, basketball and badminton courts, jogging tracks, and a clubhouse. It also has special spaces for children and senior citizens, a mud play area, and pergolas for relaxation. A meditation zone and peaceful spots add to the comfort.

Safety is a key focus, with 24/7 security, CCTV surveillance, smart locks, and earthquake-resistant structures. Whitepanda Anand Forest offers comfort, convenience, and security, making it perfect for families.