NBCC Partners with NMRDA to Develop Naveen Nagpur Business District
State-owned NBCC Ltd has signed an agreement with the Nagpur Metropolitan Region Development Authority (NMRDA) to develop 'Naveen Nagpur,' a new business district spanning 1,710 acres. The project aims to transform Nagpur into a modern business hub.
NbccNmrdaNaveen NagpurReal Estate DevelopmentBusiness DistrictReal EstateSep 09, 2025
The pact was signed by KP Mahadevaswamy, Chairman and Managing Director of NBCC, and Sanjay Meena, IAS, Metropolitan Commissioner of NMRDA, in the presence of Maharashtra Chief Minister Devendra Fadnavis. This collaboration marks a significant step in the urban development of Nagpur, aiming to transform it into a modern business hub.
NBCC has been appointed as the project management consultant for the new business district of Naveen Nagpur, covering an area of around 1,710 acres (692 hectares). The business district will be spread across 1,000 acres, with an additional 710 acres reserved for future expansion. This project is expected to attract significant investment and boost economic growth in the region.
The development of Naveen Nagpur is part of a broader initiative to modernize and expand the infrastructure of Nagpur. The project will include the construction of modern office spaces, residential areas, and commercial facilities. The aim is to create a sustainable and smart city that can cater to the needs of a growing population and attract businesses from various sectors.
The NMRDA, established to oversee the development of the Nagpur Metropolitan Region, has been working on several projects to enhance the quality of life and economic opportunities in the area. The partnership with NBCC is a crucial step in realizing these goals. NBCC, known for its expertise in large-scale infrastructure projects, will bring its experience and resources to ensure the successful completion of the Naveen Nagpur development.
The project is expected to generate thousands of jobs and stimulate local and regional economies. It will also improve the overall business environment in Nagpur, making it an attractive destination for both domestic and international investors. The development of Naveen Nagpur is a testament to the commitment of both NBCC and NMRDA to drive sustainable and inclusive growth in the region.
In conclusion, the collaboration between NBCC and NMRDA to develop Naveen Nagpur is a significant step towards transforming Nagpur into a modern, thriving business district. The project will not only enhance the city's infrastructure but also contribute to the economic development of the region, creating new opportunities for growth and investment.
Frequently Asked Questions
What is the total area of the Naveen Nagpur project?
The Naveen Nagpur project covers an area of around 1,710 acres (692 hectares).
Who signed the MoU for the development of Naveen Nagpur?
The MoU was signed by KP Mahadevaswamy, Chairman and Managing Director of NBCC, and Sanjay Meena, IAS, Metropolitan Commissioner of NMRDA.
What is the role of NBCC in the Naveen Nagpur project?
NBCC has been appointed as the project management consultant for the development of Naveen Nagpur.
How much of the Naveen Nagpur area is reserved for future expansion?
710 acres of the total 1,710 acres are reserved for future expansion.
What is the expected impact of the Naveen Nagpur project on the local economy?
The project is expected to generate thousands of jobs, stimulate local and regional economies, and attract both domestic and international investments.
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