Gold Rush

There will be a large conference at Nagpur on the 18th of this month. It will focus on MIHAN (Multimodal International Hub At Napur) and investment opportunities that accrue from it.
MIHAN is supposed to be that first experiment that will initiate the process of Nagpur's epic transformation. I hope this post serves as a catalyst!

Though you will get loads of official and government content on the internet, here is my first-hand account on the blazing speed of development. Hectic construction activity is on to get the infrastructure ready at MIHAN. Here are a few snapshots:

From Mihan

Construction work at MIHAN

I am primarily going to focus on the real estate investment opportunities – The Gold Rush (TTip - meaning).
Last five years have seen land prices skyrocketing in the city. Appreciation in the value of real estate, in and around MIHAN, has been mind-boggling.

Even then, most of the current rates of land/plots are very much affordable. This, coupled with an easy monthly EMI (Equated Monthly Installment) offered by many investment firms, forms a perfect long-term investment plan for middle/higher class families. Many people consider real-estate a safer and better bet than investing in gold or mutual funds.

Nagpur is currently a sweet spot for investors with places like Wardha Road and MIHAN being synonymous with Gold Mines. This Gold-Rush will surely continue for another 10 years, and I invite all ye Forty-niners to be a party to it!