What is the total cost of the MIHAN project?

The mixed-use hub project at MIHAN has a total investment of ₹1,200 crore.

Who is building the project?

VIPL Infrastructure has been awarded the contract by NMRDA to develop the complex.

What is the timeline for completion?

The project is expected to be completed within 48 months (4 years) from the start of construction.

What does DBFOS mean?

DBFOS stands for Design, Build, Finance, Operate, Transfer. It's a model where a private entity finances and builds the project, operates it for a period, and then transfers it to the government.

Where is the project located?

The project is located at Sondapar within MIHAN in Nagpur.

Nagpur's MIHAN Gets ₹1,200 Crore Mixed-Use Hub by VIPL

Published: June 28, 2026 | Category: Nagpur Real Estate News

A massive ₹1,200 crore mixed-use project is coming to MIHAN, Nagpur. VIPL Infrastructure will build commercial towers, NMRDA's new HQ, and residential blocks.

Key points at a glance

•🏗️ VIPL Infrastructure wins ₹1,200 crore DBFOS contract for MIHAN complex.
•📍 Project located at Sondapar within MIHAN, Nagpur.
•🏢 Includes commercial towers, NMRDA HQ, and residential blocks.
•📅 48-month timeline for completion of the mixed-use hub.
•💰 Major investment expected to boost Nagpur's real estate market.
•🏛️ NMRDA picks VIPL for the large-scale urban development project.

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Project Details

VIPL Infrastructure will develop a DBFOS (Design, Build, Finance, Operate, Transfer) mixed-use complex. The total investment is ₹1,200 crore, with a 48-month construction timeline.

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Location

The hub is situated at Sondapar within MIHAN (Maharashtra International Airport and SEZ area) in Nagpur. This is a key growth corridor for the city.

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Regulatory & Timeline

The project is awarded by NMRDA (Nagpur Metropolitan Region Development Authority). The DBFOS model involves private financing and operation before transfer. Completion is targeted in 4 years.

Want more detail?

What actually happened? What it means for buyers What to watch next

What actually happened?

The Nagpur Metropolitan Region Development Authority (NMRDA) has officially awarded a massive project to VIPL Infrastructure. The contract is for a mixed-use hub at Sondapar in MIHAN.

The project is valued at ₹1,200 crore and follows the DBFOS model, meaning the private developer will design, build, finance, and operate it before transferring it back.

Developer: VIPL Infrastructure
Authority: NMRDA
Model: DBFOS (Design, Build, Finance, Operate, Transfer)
Investment: ₹1,200 crore

What it means for buyers

For Nagpur property buyers and investors, this signals significant infrastructure development in the MIHAN area. The mix of commercial and residential units could create new demand and improve local amenities.

Proximity to the airport and SEZ makes this a strategic location. Investors should watch for potential price appreciation in surrounding areas as the project progresses.

Potential for increased property values in MIHAN and nearby localities.
New commercial spaces could create job opportunities.
Residential blocks may offer modern housing options.

What to watch next

The next key milestone will be the commencement of construction, expected soon after the award. Keep an eye on NMRDA updates for project timelines and any public consultations.

Monitor the development of ancillary infrastructure like roads and utilities in Sondapar. This will affect accessibility and long-term value.