Real Estate Nagpur

MIHAN Phase II Logistics Hub: Wardha Road Property Rates Surge 12%

By GeoSquare News Desk · Published 2026-11-03

The Maharashtra Airport Development Company (MADC) has given the green signal for a 500-acre logistics park within MIHAN Phase II. This approval is set to transform the real estate landscape along Wardha Road, with property rates already witnessing a 12% surge in both residential and commercial segments.

Wardha Road Property Boom

Land prices along Wardha Road have jumped significantly following the announcement. The upcoming cargo terminal is expected to generate substantial employment and commercial activity, making the corridor a prime investment destination. Investors are keenly eyeing plots and ready-to-move-in properties in this belt.

New Launches and RERA Registrations

Developers have responded swiftly by launching new plotted layouts near the proposed cargo terminal. This week alone, three projects have filed for RERA registration, indicating strong developer confidence. These layouts are designed to cater to both end-users and investors looking for long-term appreciation.

Infrastructure and Connectivity

MIHAN Phase II is a key infrastructure project that will boost Nagpur's position as a logistics hub. The integration of the cargo terminal with existing road networks will enhance connectivity, further driving demand for property in the vicinity. Experts believe that the area is poised for sustained growth over the next few years.