₹1,200‑crore MIHAN mixed‑use hub awarded to VIPL Infrastructure in Nagpur
The Nagpur Metro Rail Development Authority’s biggest ever project lands in VIPL’s lap, promising a skyline‑changing mixed‑use tower at MIHAN. Expect shops, offices and homes to rise together by 2029.
Key points at a glance
- •₹1,200 crore DBFOS award for commercial towers, NMRDA HQ and residential blocks at Sondapar, MIHAN.
- •Project to be completed in 48 months, targeting operational readiness by early 2029.
- •Site spans ~25 acres within the MIHAN aviation‑city zone, adjacent to the upcoming cargo hub.
- •VIPL will handle design, build, finance, operate and transfer under the DBFOS model.
- •Expected to generate over 5,000 direct and indirect jobs during construction phase.
- •The hub will include retail, office space and ~1,200 residential units across multiple towers.
Project Scale
₹1,200 crore investment; 48‑month timeline; mix of commercial, residential and NMRDA headquarters.
Location
Sondapar, MIHAN, Nagpur – inside the aviation‑city zone near the planned cargo terminal and runways.
Regulatory & Model
Awarded under DBFOS (Design‑Build‑Finance‑Operate‑Transfer); no RERA number disclosed yet; compliance with MIHAN master plan.
Want more detail?
What actually happened?
NMRDA selected VIPL Infrastructure to develop a ₹1,200‑crore mixed‑use complex at Sondapar within the MIHAN aviation‑city zone.
The award follows a DBFOS route, giving VIPL responsibility for design, construction, financing, operations and eventual transfer of the asset.
The complex will host NMRDA’s new headquarters, commercial towers and residential blocks, slated for completion in 48 months.
What it means for buyers
Homebuyers gain access to ~1,200 new apartments in a planned, amenity‑rich neighbourhood with direct links to the airport and cargo hub.
Investors can look forward to commercial office space that may attract corporates seeking proximity to MIHAN’s logistics cluster.
The timeline of four years offers a clear window for early‑stage purchases and potential appreciation.
What to watch next
VIPL is expected to launch the tender for construction contracts and begin site preparation within the next two months.
NMRDA will monitor milestones under the DBFOS framework, with quarterly progress reports to the state government.
Marketing of residential units is likely to start mid‑2026, ahead of the 2029 completion target.