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Old May 13th, 2007, 03:59 AM   #101
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Indian Airlines to make Nagpur its cargo hub

http://timesofindia.indiatimes.com/C...ow/2039516.cms
NAGPUR: In the 1950s, Nagpur airport served as a hub for the postal department's night mail service. Five decades later the model is being revived by Indian, which is set to launch its cargo freighter service in July, with Nagpur being the hub for the cargo operations.

The first of Indian's reconfigured Boeing 737 is expected to be delivered in July and will probably be used on the Delhi-Mumbai route. In all, five two-decade old B-737s are being reconfigured for cargo operations. Nagpur will be a transit hub—a convergence point for movement of the cargo from four metros—Mumbai, Delhi, Chennai and Kolkata. Sources said freighter planes may start flying into Nagpur from September onwards. A reconfigured B-737 can carry about 15 tonnes of cargo.

Indian handles about 350 tonnes cargo everyday and the movement is mainly out of the four metros, plus Bangalore and Hyderabad. Its annual revenue earnings from cargo are about Rs 400 crore.

"For connecting all the metros we would need so many planes," said Anita Khurana, Indian's director (commercial and cargo). Instead the airline will operate the planes from the four metros into Nagpur where the cargo will be unloaded and loaded for a different sector. "This plan has operational benefits and will facilitate trade," she said. The existing cargo operations will continue.

In short-term freighter cargo operations will be restricted to loading and unloading of containers and pallets at the airport but there are plans for expansion with warehousing and cargo holding facilities at Nagpur.

"We will use the existing facilities at the airport. However, there will be a requirement for extra space and it could be leased from the Airport Authority of India," an official said. At the moment Indian carries about 100 tonnes of cargo every month from Nagpur and has about 800 sq storage space at the airport.
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Old May 13th, 2007, 12:55 PM   #102
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^
Wow OrangeCity, Looks like Nagpur is really growing.

You dont happen to know the status of the 'Empress City' project by ksl industries???

This township was planned way back in mid-2005, yet i havent heard much since.
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Old May 13th, 2007, 03:09 PM   #103
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Apportunities at V.K.Associates

Here's the Add Cutting Of Vidharbhas' Top Architectural Firm 'V.K.Associates'


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Old May 13th, 2007, 07:23 PM   #104
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Quote:
Originally Posted by Nitro View Post
^
Wow OrangeCity, Looks like Nagpur is really growing.

You dont happen to know the status of the 'Empress City' project by ksl industries???

This township was planned way back in mid-2005, yet i havent heard much since.
It is near completion; should be complete in a few months. They are also building an IT park and 5 star hotel. But I read that they are having problems selling apartments because it is located in the old part of the city and and they have priced it extremely high so not many people want to live there.
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Old May 13th, 2007, 07:24 PM   #105
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Mall in Empress city

Copyright http://www.hafeezcontractor.com
http://www.hafeezcontractor.com/reta...ity-frame.html
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Old May 13th, 2007, 08:08 PM   #106
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NRIs fuel realty boom in Nagpur

http://www.dnaindia.com/report.asp?NewsID=1096492
Twenty-five-year-old Manish Vinchukar has no time for himself these days. The deals are waiting to be struck, and the property dealer is on the bandwagon to make money. Nagpur’s realty market is hot with prices shooting through the roof.

Next month, Manish is set to fly to Dubai to make a presentation on Nagpur realty - and he’s sure to get a good response from the Indians working there. "They are among the preferred customers," he says. Next, he plans to land in the US to woo the Indians working there.

The realty frenzy is crossing the seven seas in Nagpur. More number of Non-Resident Indians (NRIs) are buying properties here - a trend that has fueled realty prices in the past year, say real estate agents. The developers and real estate brokers are also on the move to tap a large base of NRIs, who’ve their roots in the city or region.

Thousands of deals are struck every day, and vast stretches of agriculture and non-agriculture developed land are changing hands, say the city’s property dealers. "About 20 per cent of our clientele is from outside India," says Sanjay Kaikade, one of the directors of city-based Vastu Vihar Developers Private Limited. "Most of the NRI customers are originally from Nagpur, but others are also buying," adds Kaikade.

"Currently, the NRI investment in the city real estate is quite robust, which contributes to the price rise," says another well-known builder Mahesh Dabholkar. Many real estate brokers and agents make trips abroad to hold marketing fairs to attract the NRI investors from Middle-east, UK and even the US.

Thousands of buyers allured by the city’s growth potential are queuing up to buy land, house or a flat in and around Nagpur. The ambitious international cargo hub project is also fueling the interest of investors. The real estate agents say, "Many software companies are also setting shops in the town, which would bring in a new work force of professionals. That’s another factor for a surge in property demand."
Developers and real estate brokers feel affordable prices; land availability, better appreciation and lesser bottlenecks are among the crucial factors for the NRIs to invest heavily. "An improved air-connectivity is an added advantage," say the developers.

"The publicity spreads by the word of mouth. Much of it is speculative buying, but some NRIs are buying land with future considerations," says Kaikade.

"Almost 25 per cent of our bookings are by NRIs," says Satish Bais, a managing partner in Rudra Real Estate. Bais, an old timer in the construction business, adds, "Internet is proving to be a tool in facilitating the deals. Many of us advertise on the realty-websites and get good clients from abroad, who give power of attorney to their relatives here for the registration of deeds,"

"In one of my row-houses and bungalow schemes, customers from the US went for bookings together. All of them are originally from Nagpur," says Bais.

Obviously, the stamp duty collections on registration of sale deeds in rural areas of the district have also shot up. The duty collected from Nagpur-rural area was about Rs25 crore in the 2005-06 as against Rs18.6 crore collected during 2004-05. The figures for the 2006-07 are not available yet, but rough estimates suggest a phenomenal 40 per cent rise.
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Old May 14th, 2007, 11:19 PM   #107
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Quote:
Originally Posted by OrangeCity_ View Post
It is near completion; should be complete in a few months. They are also building an IT park and 5 star hotel. But I read that they are having problems selling apartments because it is located in the old part of the city and and they have priced it extremely high so not many people want to live there.
Thanks for the update.

Cant wait to see the finished product
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Old May 14th, 2007, 11:50 PM   #108
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‘Second Tier’ City to Rise Fast Under India’s Urban Plan: New York Times

http://www.nytimes.com/2007/05/13/wo.../13nagpur.html

Anand Giridharadas for The New York Times


In Nagpur, a traditional produce cart on the street contrasts with a multistory mall, part of an experiment to create a new world-class metropolis.

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By ANAND GIRIDHARADAS
Published: May 13, 2007

NAGPUR, India — A year ago, this relatively small, forgettable city in the heart of India did not have an air-conditioned cinema. In the sweltering heat of summer, the rich would fly one hour to Mumbai, India’s financial hub, to see a movie and stock up on Levi’s jeans, Domino’s Pizza and other big-city treats that they could not find at home.

But if the government has its way, Nagpur will become a destination city itself. In an experiment that is highly unusual for this most unplanned of countries, the government is doling out money to Nagpur and other “second tier” cities to help them modernize — fast.

The plan is to provide the kind of modern conveniences, and infrastructure, that will attract more international investors to India. In doing so, the government is following the lead of China, where the government has invested in infrastructure such as roads and airports, taking a build-it-and-they-will-come approach that has drawn foreign corporations helping to fuel the country’s boom.

India’s government is also hoping its plan will stop disasters in the making in its largest, teeming cities as more people move there in search of jobs and a more urban lifestyle.

“One hundred million people are moving to cities in the next 10 years, and it’s important that these 100 million are absorbed into second-tier cities instead of showing up in Delhi or Mumbai,” Montek Singh Ahluwalia, the Indian government’s chief economic planner, said by telephone.

Already, Nagpur, ith an estimated population of about 2.5 million, is a changed city. So far, the government has allocated $280 million for projects and has paid for everything from lush parks to new roads. And investors — drawn by the hope of a boom — have built several malls and a multiplex cinema, complete with air-conditioning.

A renovated airport will become the cargo hub of India, with a terminal that will be 100 times larger than the existing one and will handle at least 100 jets at a time instead of the current five.

The government is planning an ecofriendly mass-transit system to absorb an expected surge in road traffic, years before many residents even own a car.

The government is also building a special economic zone with ready-to-use water, electricity and fiber optic cable, in the hope of attracting 100,000 technology jobs to a city long dominated by coal mining. It is providing tax breaks for companies who set up businesses there.

Since its independence from Britain in 1947, the city-building philosophy of India has been, to put it gently, laissez-faire. Except for the recently developed technology hubs of Bangalore and Hyderabad, India has not added cosmopolitan, globally connected metropolises to its old ones: Calcutta, Delhi, Madras and Mumbai.

And those cities have shown the strain as more people have poured in from the countryside in recent years.

In Mumbai, a majority of the more than 15 million residents live in slums, and a river of sewage passes through the middle of the city. Delhi is chronically short of clean drinking water and electricity.

So far, the government has pledged to spend $29 billion over seven years to upgrade 62 cities besides Nagpur. Grants are given only to cities that can show good fiscal controls and enact business-friendly policies like scaling back rent control.

No one knows if India has the stamina to make Nagpur a truly international hub, and then transform scores of other cities. But many experts say that the plan to remake smaller cities could be a key to India’s continued economic growth.

“Much of India’s future will undeniably be made in the second-tier cities,” said Ashutosh Varshney, a specialist on Indian political economy at the University of Michigan in Ann Arbor. The existing metropolises “will reach saturation points before long, or have already reached such points.”

The second-tier cities could address the needs of local and foreign corporations that have complained about soaring land prices and increasing wages in the country’s most modern cities.

Experts say the government plan could also provide a boost to home-grown businesses. More international airports, for instance, could help raise incomes for the country’s hundreds of millions of farmers by making it easier for their produce to reach export markets.

Nagpur has a head start on most of the other cities expected to receive government money. Because the government selected it as the air cargo hub for the country, skeptical investors have more hope that this obscure city will eventually rank with the busiest air centers in the world.

Today, the Nagpur airport is an airstrip. Visitors deplane and walk across the tarmac to enter the terminal. It takes 30 seconds to traverse the entire terminal from arrival gate to taxi stand.

The blueprints foreshadow radical change. Nagpur got its first international flight just 18 months ago, but it is already planning a second runway long enough for jets like the Airbus A380 superjumbo. A new terminal, already being built, is designed to accommodate 14 million passengers a year.

Next to the airport is a vast special economic zone, an enclave of relative economic freedom designed to attract investors. Boeing is already setting up a maintenance hub there and in an adjoining technology park. Indian companies that do outsourcing work for American and European companies like Satyam Computer Services and HCL Technologies are buying land.

Some worry that all the change — which has already caused real estate prices to soar in the city — is fueling a bubble economy that could burst. Alok Tiwari, the executive editor of The Hitawada, the local newspaper, said a boom cannot last unless more jobs are created, increasing buying power.

“We’ve got to create opportunity, not just take land and build a mall there,” he said.

Yet others say such development will eventually take on a life of its own, driving the economy by raising people’s expectations and willingness to work hard to afford the new luxuries appearing before their eyes.

Vishwas Chaknalwar, a developer, put it this way. “Once you wear Pyramid clothes,” he said, referring to the new Pyramid mall here, “you cannot wear anything else.”

Last edited by OrangeCity_; May 16th, 2007 at 08:10 AM.
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Old May 16th, 2007, 09:32 AM   #109
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MIHAN project update:
http://news.hitavadaonline.com/news/...age=10&n=14321

*Major and small IT companies are evincing a keen interest for setting up their units in the SEZ area. So far 997 acres of land has been sold to various corporate majors and work orders worth Rs 1000 crores to develop a world-class infrastructure are under progress.

* Boeing is setting up their Maintenance Repairing and Overhaul (MRO) facility in Nagpur. MADC has sold almost 997 acres of land to various firms and agencies for a 99-year lease period at the average rate of Rs 44 lakh per acre. HCL purchased 140 acres, Wipro- 130 acres, Satyam- 100 acres, S & P infotech- 100 acres, DLF- 145 acres, Ascendas (International Tech Park Nagpur)- 63 acre, RMZ Corporation- 55 acres, koland- 100 acres, Vipul- 50 acre,s Boeing- 75 acres, L & T Infocity- 50 acres and Indu Project- 50 acres. Besides, 47 acres of land have been sold off to small and medium scale industrialists of the city and emerging IT companies. Small companies like Jita Safelax, Ward Pro, Manmohan Industries, Paramount Conductor, Star Chapman, Sutra Traitack, Ispat Industries, ADCC Research Infocad and Space Wood also got land in Special Economic Zone (SEZ). According to the reliable sources 25 companies have purchased 40 acres of land.

* Dr D Y Patil Group has started the construction work of International School within MIHAN Project. The group has started the preliminary construction of compound wall at the site. Development of the Modern Township in MIHAN project on about 31 Acres has been awarded to M/s Reatox Builders & Developers and the construction work has began.

* Nagpur Airport has been declared as an International Airport for Passenger & Cargo Operation by Government of India. Total land area being acquired for MIHAN Project is around 4025 Hectares, of which 1475 hectares will be used for Special Economic Zone and till date 2176 hectares of land has been acquired. The acquisition of remaining land is being done on fast track basis.

* The agreement for the transfer of Nagpur Airport from AAI to MADC has been signed between Ministry of Civil Aviation and Maharashtra Government

* The Techno-Economic Feasibility Study for setting up MIHAN project has been carried out by a consultants led by M/s L&T Ramboll Consulting Engineers Ltd. Business Plan for the MIHAN - SEZ has been prepared by M/s Scott Wilson Kirkpatrick India Pvt Ltd and formal approval for the SEZ has been granted by the Union Commerce Ministry. The Draft Development Plan and Development Control Regulations have been prepared by YASHADA, an institute from Pune. The Planning, Designing and Project Management Services for infrastructure facilities like Water Supply, Sewage Disposal System in the MIHAN project area has been completed by M/s Kirloskar Consultants Ltd. The consultants have submitted the detail project report for water supply. The Environmental Study and Environmental Mitigation Plan for Captive Power Plant of 100 MW capacity was approved and Abhjit Group owned by Jaiswal family has bagged the contract to set-up 100 MW power plant to ensure un-interrupted power supply to MIHAN and SEZ.

Last edited by OrangeCity_; June 12th, 2007 at 11:23 PM.
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Old May 20th, 2007, 07:35 AM   #110
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Finally someone is talking about real highrises in Nagpur...

The "Tallest" residential building (being advertised like that) in Nagpur by Vrindavan Constructions...

Yashodham Enclave, Ajni
15 storied


Last edited by Sid_NGP; May 20th, 2007 at 10:58 AM.
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Old May 20th, 2007, 09:17 AM   #111
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Empress Towers in Empress city


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Old May 28th, 2007, 04:59 PM   #112
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Blue Dart plans expansion in city

www.hitavadaonline.com

LOOKING at potentially strong logistics market with the development of MIHAN, courier major and market leader Blue Dart Express Limited has decided to expand its operations in a big way in Nagpur. The company, which has a market share of almost 40% in the country, is hoping for a whopping ten fold increase in the courier business in the coming years.

Talking to The Hitavada, Vice President of Blue Dart Express Limited Balfour Manuel said that Nagpur has emerged as a strategic market for their company due to the promising infrastructure developments and strategic geographical location of the city. As part of their 22 crore investment earmarked for this year, Blue Dart will be adding 25 new facilities across the western region alone. In Nagpur, the company is looking at 3 to 4 new facilities in the coming years, apart from the existing 2 offices - one at MIDC and the other in the city. Besides, Blue Dart will be installing a large warehouse to cater to the heavy cargo coming from South East Asia and Middle East Asia, said Manuel. Terming Nagpur as a consumption driven market, Manuel said that it is the most well connected and the fastest growing Tier - II city in the country. Blue Dart is already seeing a growth of 50% every year in the city much more than the western region average of 33%, said Manuel. Manuel informed that there is a high consumption trend in Nagpur. It witnessed a 81% increase in inbound shipments and 89% increase in inbound tonnages in the past four years, he said. “With net reliability of 99.96%, Blue Dart will continue to invest to support the growth of business and trade in the city,” said Manuel. Throwing light on the growth opportunities in western region, Manuel said that the region contributes approximately 33% to the total company sales and has witnessed a 142% increase in revenue from this region. MIHAN offers a great potential for Nagpur to accelerate the growth in its industrial and commercial sectors. The company is certainly bullish on the growth prospects offered by improving road infrastructure around Nagpur. “The additional ground route connection made operational between Delhi and Hyderabad, with Nagpur being a strategic hub enroute, has been one of Blue Dart’s major initiatives for businesses in this region,” said Manuel.
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Old June 1st, 2007, 08:33 PM   #113
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The Big range: Indian Express

http://www.indianexpress.com/sunday/story/31940.html

Kavitha Iyer

Posted online: Sunday, May 27, 2007 at 0000 hrs IST

As quiet makeover plans complement the big boom expected from a proposed air cargo hub and multi-product SEZ, Nagpur is a city on the move. From a Tier II city, it is heading towards Tier I status, from the capital of a backward region to a global destination for investment and business,

AT 29, this Blackberry-wielding industrialist armed with a business degree from the UK is a young boss operating from his family’s offices in Nagpur, Mumbai, Delhi, Kolkata, Bangalore, Ranchi and Durgapur. Favourite city? “Nagpur,” Abhishek Jayaswal says without hesitation. “The quality of life here is simply addictive.”

Jayaswal is director of the Abhijeet Group, which recently won the bid to set up and operate a 150 MW thermal power plant for the

Rs 3,150-crore Multimodal International Hub Airport at Nagpur (MIHAN). “I work long hours but still have time for friends, for travelling. The food is great, the people are nice. In Mumbai, you spend three hours commuting everyday. Reduce that to half-an-hour. Imagine the quality of life then.”

But tranquil evenings could hardly have drawn Boeing, Wipro, Satyam Computers, HCL, L&T, DLF and Ispat to Nagpur, until now known as a 300-year-old city with a rich history, capital of neglected Vidarbha. Suddenly, the Institute of Chartered Accountants of India is checking how many of its degree holders may be required in an SEZ adjoining MIHAN, technical college principals are asking which diplomas and degrees will be in demand, placement firms are gearing up and IT students are cancelling migration plans.

And it’s all thanks to a plan not attempted anywhere in India, a plan to turn what has been the heart of the country, India’s ‘zero-point’, into a hub of international cargo movement with a multi-product Special Economic Zone (SEZ) adjacent, both to be operational less than two years from now. In the 4,354-hectare project area being planned and executed by government undertaking Maharashtra Airport Development Company Ltd (MADC) will be extra length for the existing runway to welcome the world’s biggest aircraft, the Airbus A 380; an additional airstrip located 1.6 km from the existing one, 4,000 metre long and 60 metre wide; and standing between them will be the country’s largest terminal building at 3 million square feet. Over 100 aircraft will be parked at any time, up from the current five. According to a techno-economic feasibility report, the projected passenger traffic is 14 million people per annum and 8.7 lakh tonnes of cargo traffic per annum by 2035. Adjacent will be the 2,086-hectare SEZ, for export-oriented units like IT, gems and jewellery, garments, electronic goods, pharmaceuticals and processed foods. The buzz about Nagpur is now a roar.

So, what does Nagpur offer that other cities don’t? Additional Chief Secretary

R C Sinha, vice-chairman and managing director of the Maharashtra Airport Development Company Ltd, asked himself that question at a recent conference. “Oranges? Yes, but something more as well,” he said.

While there is connectivity by air, road and rail to all parts of India, the city also occupies a strategic central point in international aviation routes; the country’s busiest ATC point is also immense potential for cargo hubbing with destinations in all directions—Europe, the CIS, Africa, South Asia and Southeast Asia. With 27 engineering colleges and 8,700 graduates yearly—almost 80 per cent of them looking outside Nagpur for jobs, there is enormous human resource potential just within the city.

That’s why the facilities within the walled SEZ will cater to the world’s best corporates. “There will be a dual water supply system,” says S V Chahande, chief engineer of MADC, “separate lines for potable and non-potable water, along with a waste water treatment plant.” Also on the drawing board: An exhibition-cum-convention centre with a hotel and shopping area designed by Hafeez Contractor, a central facility building to be built by Shapoorji Pallonji. And all this infrastructure will be ready by December 2008, promises Sinha, the bureaucrat who supervised the construction of the Mumbai-Pune Expressway and who has been personally marketing the idea of Nagpur and MIHAN to global IT biggies for months now.

But it is Prem Assija, senior vice-president (Corporate) of HCL Technologies which has signed up for 140 acres of land at the SEZ, who puts Nagpur’s attraction in perspective. “There is tremendous pressure on the profit margins of IT companies,” he says, explaining the impact of the weaker dollar. As salaries and real estate prices rise, IT firms have had 10 per cent profits knocked out in four months, 15 per cent in the last 12 months. “It makes sense to go to Tier II towns,” says Assija, who’s in charge of setting up HCL campuses and is incidentally a former Nagpurite. “Also, we feel there is a large untapped pool of talent here, going elsewhere for jobs.”

BUT while MIHAN—or more precisely, the SEZ—is piloting Nagpur’s big overhaul, there is a parallel civic inventiveness attempting to sustain that growth, readying for the pressure on the city’s infrastructure.

A Rs 5,894-cr five-year investment plan is detailed in Nagpur’s City Development Plan, submitted under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Incidentally, Nagpur was the first city in the country to receive funds under JNNURM. For transportation, there is a 30-year masterplan for roads, foot overbridges and road overbridges, says Municipal Commissioner Lokesh Chandra. A detailed project report on two proposed Bus Rapid Transit Projects along 40 km is being drawn up for submission under JNNURM and a German joint venture firm has proposed a monorail. “Already, the City Bus service has been started as a unique PPP initiative, with 200 brand new buses ferrying commuters within the city,” says Chandra. There are a series of other initiatives—six shopping malls on BOT basis, a GIS mapping underway for property tax assessment and a pilot project by for 24 x 7 water supply.

All this means real estate is suddenly a speculative market, with prices ranging from Rs 1,500 per sq ft to Rs 5,000 per sq ft, unheard of a year ago. Served by NH-7 and NH-6, it seems that Nagpur’s central location is finally getting its due. Not long ago, a Bombay High Court judge sold his 41-acre plot abutting the Nagpur-Wardha Road and the MIHAN and SEZ areas for Rs 105 crore, a whopping Rs 2.5-crore per acre. The buyer was garment major Provogue group-promoted Hagwood Commercial Developers, expected to build a township on the land.

“Quality township projects are the next big thing here, a bungalow at the cost of an expensive flat in the best areas, with amenities of international levels—security, emergency services, etc,” says Nagpur’s most prominent builder Nandkumar Archandani, better known as N Kumar. Having built most of the city’s taller buildings and its biggest mall-multiplex, Archandani—he has had his share of legal wrangling, another big city trait—says Nagpur can provide the same quality of life as in Bangalore, but at a lower cost. “Which would you pick then?”

His “mall culture” is welcome, especially to youngsters. “It’s developing fast, very fast,” says Nitin Soni (18), a regular at the city’s new coffee shops, the sprawling theme gardens and a lakeside they call Chowpatty, a reference to Mumbai’s seafronts. “It’s fabulous to see so much change, but we’re still not a mini-Mumbai,” he adds. For, he still cycles to college or hitches a ride with a friend, then often returns home to the tedium of load-shedding. There will also be an inevitable struggle on CNG enforcement and an unplanned sewage system releasing two-thirds of its contents minus any treatment into natural courses must be overhauled.

Clearly, broad roads—credited mostly to former civic commissioner T Chandrashekhar—and lush cityscapes don’t make a Tier I city. According to Dhananjay Deodhar, owner of The Great Maratha, a hotel in the MIDC area at Hingna Road with a permit room, rooms, banquet halls and a strobe-lit dance floor lying vacant for two years now, the authorities need to loosen up a bit. “I can’t even sell a cup of coffee to those leaving midnight shifts from nextdoor units,” he complains about his 24-hour coffee shop licence being revoked. Ditto for his orchestra performance licence and those of several others in the disco-pub-‘‘dancing floor” industry. Orchestras, DJs and dancing is now permitted only in hotels that have at least a three-star rating, which means Nagpur has barely a handful of pubs, no discotheques worth mentioning and a host of irked dance-bar owners with idling investments.

But not many entrepreneurs are complaining. As Sinha says, “With 1,25,000 jobs to be created in five years, (5 lakh if you add indirect employment opportunities in the hotels, salons, tailoring shops, eateries, laundries and shops) an estimated Rs 2,400 crore in monthly salaries will be thrust into the economy...There will be an increased demand for new vehicle showrooms, vehicle dealerships and garages to maintain them, airconditioner mechanics, drivers, electricians...” About 10 crore sq ft of construction in MIHAN and the SEZ area means thousands of masons, carpenters, plumbers, painters will be required. Now it’s up to Vidarbha’s people to make themselves employable, he stresses. “Are our technical institutes ready?”

That’s why, young Soni is studying computer science; he even knows somebody who returned from Bangalore for a job at Nagpur’s own software park. “IT is the best bet in Nagpur now,” he says. “It’s a good career plan.”

Planning is key, Chandra agrees. “There is potential, we could be the growth nucleus for all of central India and especially Vidarbha, but we must continue planning ahead.”

Despite that, in Nagpur today, everybody follows the same script. Deodhar says his erstwhile bar dancers in Nagpur included people from every caste and community; Archandani also stresses on a cosmopolitan city welcoming his malls. Jayaswal, whose family—the NECO group—has seen the old industry and is now entering the new, points out that Vidarbha’s political clout has changed. Sinha agrees: MLAs and MPs across parties support MIHAN as a “no-politicking” area, an infrastructure project, not to be trifled with. Finally, diverse stakeholders are on the same page.

“Nagpur would really have to goof up now to not become the topmost hub for infotech companies,” says an upbeat Jayaswal. Unlike Mumbai—or Pune or Bangalore for that matter—its administrators are planning before cracks appear. At the heart of New India, it is a promising glow.

mission metro
Under the Jawaharlal Nehru National Urban Renewal Mission, Nagpur is expecting as much as Rs 1,538 crore in Central grants for a number of infrastructure projects being undertaken by the Nagpur Municipal Corporation.
Water supply and distribution projects, with the long term aim of water for all, including energy and water audits, source augmentation, improved connectivity and efficiency of supply networks: Rs 590 crore
Sewerage projects including new lines, rehabilitation of old sewers and sewage treatment plants to cater to 100 per cent of the 380 million litres daily sewage generated. Currently, only 100 mld is treated, the rest disposed into natural water courses and drains untreated: Rs 515 crore
Storm water drains overhaul, to tackle flooding and to rejuvenate the Nag and Pilli rivers that connect a nullah network. Currently, only 35 per cent of the city’s roads have integrated storm water drains, many of these choking due to sewage and garbage in them: Rs 246 crore
Solid waste management schemes, aiming at a ‘bin-free city’ will include door to door garbage collection, developing scientific transfer stations and developing a scientifically managed landfill site: Rs 50 crore
A masterplan for roads includes an outer ring road (Rs 682 crore), road widening and improvement
(Rs 200 crore), 10 flyovers
(Rs 100 crore), seven road
overbridges (Rs 128 crore) and three bridges across rivers (Rs 7.6 crore)

Praful Patel, Union Minister for Civil Aviation and Rajya Sabha MP, who belongs to Vidarbha, on Nagpur:
“We are pushing Nagpur and MIHAN very aggressively, mentioning even in the Civil Aviation Policy that Nagpur—only Nagpur—will be the cargo hub for the country. The Union Civil Aviation Ministry is driving the growth of Nagpur as a cargo hub. For example, Boeing was directed to Nagpur for their MRO, mandated in the deal for Air India’s Boeing aircraft. Indian Airlines’ cargo hub will also now be at Nagpur. We have also turned Nagpur airport into an international one—flights to Bangkok and Dubai have already started from here, flights to Singapore and Doha will be starting later this year.
The ministry is pushing development towards Nagpur, talking to global cargo majors like Fedex and DHL. However, the state Government must act more speedily on issues like land acquisition. That way, we can get the best benefit of the aviation minister belonging to the region.”
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Old June 1st, 2007, 08:42 PM   #114
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Buty Palace -- Mall & Commercial complex, opening shortly

Shopping, Food Court & Gaming Zone, Finance related companies & online stock companies

Copyright Gigeo Constructions
http://www.gigeobuilders.com/index.htm
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Old June 12th, 2007, 11:19 PM   #115
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Carlson Hotels signs Radisson Hotel Nagpur

http://www.asiatraveltips.com/news07...elNagpur.shtml

Carlson Hotels has signed the Radisson Hotel Nagpur which is scheduled to open in December 2009. Managed by RHW – Bestech Management Services, the Radisson Hotel Nagpur will join the growing number of hotels in the Radisson portfolio across India.

Paul Kirwin, president, Carlson Hotels Worldwide - Asia Pacific, said, “We are delighted to offer travellers another outstanding addition to our fast expanding portfolio of hotels in India. As we are committed to future growth of India we are pleased to be expanding into Nagpur, India’s third largest city in Maharashtra after Mumbai and Pune.”

Strategically located on Wardha Road, the Radisson Hotel Nagpur is midway between the city and the burgeoning industrial belt, and is two kilometres from the airport. Geographically, Nagpur lies at the epicentre of India which makes the Nagpur railway junction the most important intersection connecting India’s four major metropolises, Mumbai, Delhi, Chennai, and Kolkota. The charming city of Nagpur is also the state’s second capital, where the winter session of Maharashtra legislative assembly is held.

The 172-room hotel will offer a range of dining venues such as the lobby lounge, coffee shop and speciality restaurant, a health club and swimming pool. The large banquet hall provides an ideal location for conferences, weddings and other special events. The hotel is surrounded by a diverse choice of commercial establishments, restaurants and entertainment centres.
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Old June 13th, 2007, 02:09 PM   #116
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Nagpur to get six new malls

Nagpur to get six new malls

PTI[ SUNDAY, OCTOBER 29, 2006 02:20:49 PM]


NAGPUR: The landscape of this second capital of Maharashtra is set to change with plans to build six shopping malls that will fetch huge revenues for the cash-strapped city municipal corporation.

The orange city is already hogging the limelight with aircraft major Boeing setting up a $100 million maintenance, repair and overhaul facility and an ambitious Rs 7000 crore international passenger and cargo hub on the cards at the Dr Babasaheb Ambedkar International Airport here.

The proposed shopping malls will earn a whopping Rs 545 crore for the civic body over 20 years as lease rental.

The Nagpur Municipal Corporation (NMC) has decided to allocate unused and barren land to infrastructre development companies, Municipal Commissioner Lokesh Chandra told media.

When the project bids were opened, civic bosses had a pleasant surprise as companies offered a higher amount in the competition, he said.

According to the strategy, the NMC will get a one-time premium from infrastructure companies that will also pay a yearly amount to the body. The total investments will be to the tune of Rs 1,000 crore within two to three years.

Hampered by poor revenue collection, mainly through octroi and water and property tax, the NMC will receive Rs 545 crore over 20 years. About Rs 27 crore will be realised per annum by the NMC.

Mumbai-based BSEL Infrastructure Reality and Unity Infraprojects have bagged the projects. These shopping malls will also generate employment opportunities in the city, Lokesh Chandra said.

The proposed mall sites are Netaji Market, Water Works Department (both in Sitabuldi locality), Gokulpeth Market, Grain Market (Wardhman Nagar), Jaripatka and Pachpoli Flyover near Kamal Square.

The revenue will start coming in from 2008-09, the NMC chief said. The malls will be built on the principle of built, operate and transfer.

Lokesh Chandra said a number of five-star hotels are also coming up in city. The Taj Group of Hotels has selected a site in Santra Market, while the Kamath Group has chosen a site near Khapri and the Raddison Group a site on Wardha Road.
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Old June 15th, 2007, 03:58 PM   #117
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Cargo freighter service in Nagpur

13 May, 2007 l 0616 hrs ISTlAneesh Phadnis/TIMES NEWS NETWORK
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NAGPUR: In the 1950s, Nagpur airport served as a hub for the postal department's night mail service. Five decades later the model is being revived by Indian, which is set to launch its cargo freighter service in July, with Nagpur being the hub for the cargo operations.

The first of Indian's reconfigured Boeing 737 is expected to be delivered in July and will probably be used on the Delhi-Mumbai route. In all, five two-decade old B-737s are being reconfigured for cargo operations. Nagpur will be a transit hub—a convergence point for movement of the cargo from four metros—Mumbai, Delhi, Chennai and Kolkata. Sources said freighter planes may start flying into Nagpur from September onwards. A reconfigured B-737 can carry about 15 tonnes of cargo.

Indian handles about 350 tonnes cargo everyday and the movement is mainly out of the four metros, plus Bangalore and Hyderabad. Its annual revenue earnings from cargo are about Rs 400 crore.

"For connecting all the metros we would need so many planes," said Anita Khurana, Indian's director (commercial and cargo). Instead the airline will operate the planes from the four metros into Nagpur where the cargo will be unloaded and loaded for a different sector. "This plan has operational benefits and will facilitate trade," she said. The existing cargo operations will continue.

In short-term freighter cargo operations will be restricted to loading and unloading of containers and pallets at the airport but there are plans for expansion with warehousing and cargo holding facilities at Nagpur.

"We will use the existing facilities at the airport. However, there will be a requirement for extra space and it could be leased from the Airport Authority of India," an official said. At the moment Indian carries about 100 tonnes of cargo every month from Nagpur and has about 800 sq storage space at the airport.
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Old June 17th, 2007, 05:09 PM   #118
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Source: Times of India

Mantri to invest Rs 1,600 cr in city

TIMES NEWS NETWORK

Mumbai/Nagpur: Mantri Realty, a Mumbai-based real estate major, is investing close to Rs 1,600 crore for a 300-acre township project near Nagpur. The project is planned to come up near the governmentinitiated Multi-modal International Hub Airport at Nagpur (MIHAN). Mantri is also planning to set up a special economic zone for information technology services for a planned outlay of Rs 780 crore.
While the construction of the township and the IT SEZ will be funded mostly through internal accruals and fresh debts, the company is also talking to some funds from the US. Although the talks with US funds are at a preliminary stage, in case these funds invest in the project, it would be through the foreign direct investment route, company officials said.
The master plan of MIHAN consists of a SEZs for IT and healthcare and will also have a captive power plant and other manufacturing and value added units. The project, spread over 4,025 hectares of land, is expected to generate about 1 lakh jobs. Mantri Realty expects huge demand for residential properties is and around MINHAN and hence its plans to set up a township. “We anticipate a huge demand for residential properties for the requirement of people working in IT and cargo hub,’’ said Sunil Mantri, chairman, Mantri Realty. Hence there is the strategic importance of a township near MINHAN.
Although the township project is currently planned on a 300-acre area, Mantri Realty plans to acquire another 100 acres and increase the area of the township. The integrated township project will have all the modern amenities, service apartments, premium and budget residential apartments, entertainment zones and shopping malls.
For its IT SEZ, the company has applied to get the required government permissions. The project has achieved financial closure and has a total outlay of Rs 780 crore.
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Old June 24th, 2007, 05:48 PM   #119
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Outer Ring Road construction in progress

Outer Ring Road construction in progress
Jun. 24th, 2007
by Manish Soni
The Public Works Department (PWD) has begun the construction of a part of Outer Ring Road to reduce traffic congestion in the city. Presently, the 22-km long express highway is being constructed from Gondhkhairi on Amravati Road to Gavsi Manapur on Wardha Road. When the Outer Ring Road is complete it will connect Kalmeshwar, Hingna and Butibori MIDCs. The Gondkhairi-Gavsi Manapur stretch will be 80-metre road. In the first phase, only two-lane road is being constructed. PWD will spend Rs 41.46 crore on the project.

R N Hotwani, Executive Engineer, Division No. 3, said that the total length of the Outer Ring Road is 84 km. The construction work of first phase will be going on various stages. PWD will costruct four big overbridges, 13 small over bridges and three under passes. A 30-km stretch of road - Gavsi Manapur to Kamptee-Kanhan by-pass - will be constructed under National Highway Authority of India’s North-South Corridor. Hotwani said that Gondhkhairi-Gavsi Manapur stretch will be widened to a four-laned road under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). The Central Government will finance this project. Remaining outer ring road will be constructed by the PWD. The present work was started in five phases from January 2006 and it may be completed by March 2008, Hotwani said. The Outer Ring Road will have railway overbridges at Tarodi (SEC Railway - Kolkata line), Jamtha (Central Railway - Bombay line) and Bharatwada (Central Railway - Delhi line). Department has sent a proposal to the Railway Ministry for clearence. Senior Dy Engineer A V Ladhe said that the department is laying 600 mm diameter pipeline for electric cables. The underconstruction road will pass through Gavsi Manapur, Sondapar, Jamtha, Kotewada, Sumthana, Shiv Madka, Kirimati, Khadka, Sukli, Hingna, Raipur, Wanadongri, Sangam, Sawargota, Pendhri and Gondkhairi villages. PWD had acquired 177 hectares land for this road. The total land acquired for the 84-km road is 552 hectares.
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Old June 24th, 2007, 05:49 PM   #120
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Kishore Biyani unveils Rs 50 cr plan for city

Kishore Biyani unveils Rs 50 cr plan for city
Jun. 22nd, 2007
by Proshun Chakraborty
FUTURE Group, which exclusively deals with retail brands, capital space, entertainment, media and logistics and has two Big Bazaar malls in the city, is going to invest another Rs 50 crores in the Second Capital soon. Disclosing this in an exclusive interview Group Chief Executive Officer (CEO), Kishore Biyani told The Hitavada that the Group would soon open an exclusive showroom of Pantaloon in Nagpur. Besides, it will also open a gymnasium, beauty parlour and Food Court. And all this will come up in a 40,000-square-foot area at Wardhaman Nagar in eastern Nagpur, at an estimated cost of Rs 50 crore.

Biyani who took out few hours from his busy schedule to attend a private function hosted by Pincha family in city on Wednesday evening, said that the proposed gymnasium will have world-class exercise facilities, while the beauty parlour will cater to the needs of women who care for their skin and beauty. Similarly, the Food Court will provide quality eatables and fast foods, Biyani said. Nagpur is emerging as a major furniture centre in Central India, Biyani added. So much so that the Future Group has already started sourcing furniture from Nagpur to its retail showrooms located in other cities. Presently it has an exclusive showroom of furniture in ‘Landmark’ which sells unique collections of furniture liked by one and all. “And this can be noticed by the overwhelming response we are receiving,” Biyani claimed. Highlighting future plans, Biyani pointed out that the city has a huge potential; it has proved as one of the fastest growing cities in the country. Considering all these aspects, the Future Group is seriously planning to open another mega mall and is now looking for an ideal location. Once the place is finalised, the construction work would be started, the unassuming CEO revealed. There are plans to enter the hospitality industry as well. The Future Group proposes to launch a starred hotel in the city. The plan would take time as the venue is yet to be finalised. Notably, the city has no Five Star hotel till date, though many hotels are providing five-star facilities. The Future Group hotel will fill the slot when it comes up. To tap the potential of Nagpur as a vegetable market hub, the Future Group is planning to create a world-class air-conditioned vegetable market here, disclosed Biyani. Hopefully, this will attract vegetable produce from the neighbouring states. The government’s move to impose Service Tax on retail industry is a matter of concern for Kishore Biyani who is credited with launching a retail revolution in the country. According to him, the retailers in India are the most aggressive in Asia in expanding their business, thus creating a huge demand for real estate. Imposition of service tax would hamper the booming retail business in the country, he asserted. Elaborating it, Biyani said, the malls were selling products in less price as compared to market rates. “If service the tax is imposed, the prices of all products will go up, affecting the prices of other commodities as well,” he said.
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