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Nagpur to Get a Major Financial Hub: NMRDA Initiates Land Acquisition for IBFC

real estate news

Nagpur to Get a Major Financial Hub: NMRDA Initiates Land Acquisition for IBFC

The Nagpur Metropolitan Region Development Authority (NMRDA) has started the process of acquiring 1,710 acres of land to establish the International Business and Finance Centre (IBFC) in Nagpur. This project, inspired by BKC in Mumbai and GIFT City in Gujarat, aims to transform Nagpur into a major commercial hub.

September 16, 2025
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Nagpur to Get BKC and GIFT City-like Financial Centre: NMRDA Initiates Land Acquisition

Real Estate Maharashtra

Nagpur to Get BKC and GIFT City-like Financial Centre: NMRDA Initiates Land Acquisition

The Nagpur Metropolitan Region Development Authority (NMRDA) has initiated the process of acquiring 1,710 acres of land to establish the International Business and Finance Centre (IBFC) under the New Nagpur project. This ambitious project aims to transform Nagpur into a major commercial hub.

September 16, 2025
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NBCC Partners with NMRDA to Develop Naveen Nagpur Business District

Real Estate

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.

September 9, 2025
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HUDCO Signs MoU with NMRDA to Provide ₹11,300 Crore for Housing and Infrastructure in Nagpur

real estate news

HUDCO Signs MoU with NMRDA to Provide ₹11,300 Crore for Housing and Infrastructure in Nagpur

HUDCO and NMRDA have signed a non-binding MoU to collaborate on land acquisition, housing, and infrastructure development in the Nagpur Metropolitan Region, with HUDCO committing to provide up to ₹11,300 crore over five years.

September 8, 2025
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