MIHAN Gets 1,200 Cr Mixed‑Use Hub – New Commercial‑Residential Sky‑line
A 1,200‑crore mixed‑use complex is set to reshape MIHAN’s skyline, blending offices, retail and homes under one roof.
Key points at a glance
- •🏗️ 1,200 crore project spans 48 months – VIPL tackles both commercial & residential
- •📍 Sondapar, MIHAN – future hub for business, governance and living
- •🛠️ Includes NMRDA headquarters, 5‑storey office towers and 10‑storey residential blocks
- •💰 1,200 crore investment could boost local economy by ~₹5,000 cr in 5 yrs
- •⏳ Completion target 2029, with phased hand‑over to tenants
Project Scale
₹1,200 crore budget, 48‑month timeline – commercial towers, NMRDA HQ and residential blocks
Location
Sondapar, MIHAN – strategic node near Nagpur‑Bhopal corridor
Regulatory
Approved under DBFOS guidelines, complying with RERA norms for mixed‑use developments
Want more detail?
What actually happened?
NMRDA has selected VIPL Infrastructure for a DBFOS mixed‑use project in Sondapar, MIHAN. The project will feature commercial towers, the NMRDA headquarters, and residential blocks. Construction is slated to conclude in 48 months from the award date.
What it means for buyers
The development will introduce premium residential units in a rapidly growing corridor, offering higher quality finishes and better amenities. Buyers can expect competitive prices as the project benefits from government incentives and proximity to business hubs.
What to watch next
Stakeholders should monitor the phased construction milestones and the release of detailed RERA registration data. Potential buyers may want to secure pre‑launch offers before the first commercial units are occupied.