MIHAN to get ₹1,200 Cr mixed‑use hub: NMRDA grants VIPL
A ₹1orghini Cr megaproject is coming to MIHAN, with VIPL Infrastructure taking the reins. Expect commercial towers, a fresh NMRDA HQ and upscale residences over the next four years.
Key points at a glance
- •MIHAN to host ₹1,200 cr mixed‑use hub (commercial, residential, office).
- •VIPL Infrastructure awarded the project by NMRDA.
- •Project includes commercial towers, new NMRDA HQ and residential blocks.
- •Completion target: 48 months from award date.
- •Expected to boost property demand in Nagpur’s MIHAN corridor.
Project Scope
Commercial towers, NMRDA HQ, residential blocks – a comprehensive mixed‑use development covering ~200,000 sq ft.
Location
Sondapar, MIHAN, Nagpur – an emerging business hub in central Maharashtra.
Regulatory
NMRDA approval under DBFOS framework, RERA‑registered project, compliance with state zoning norms.
Want more detail?
What actually happened?
NMRDA awarded a ₹1,200 cr mixed‑use project at Sondapar, MIHAN to VIPL Infrastructure.
The award covers commercial towers, a new NMRDA HQ, and residential blocks, with a 48‑month completion target.
What it means for buyers
Maharashtra buyers can expect a new spectrum of premium office and residential units in MIHAN, likely driving up demand and prices.
- Higher property values
- Improved infrastructure
- Diversified investment options
What to watch next
Keep an eye on the project's progress reports, construction milestones, and any changes in buyer demand or regulatory adjustments.
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