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BHUMESH REALTORS

4th Floor, Lusin Tower, beside Hotel Travotel,

Nagpur, Maharashtra 440015

Is Shankarpur the Next Real Estate Boom in Nagpur?

plots in shankarpur

1. Why Shankarpur Is Attracting Attention plots in Shankarpur Nagpur

  • Strategic location: Just 7–8 km from MIHAN SEZ, NIT Nagpur, TCS campus, IIM Nagpur, and major education hubs. This proximity to thriving infrastructure and institutions is fueling strong interest in the area99acres+14Wainganga+14Wainganga+14.
  • Urban expansion advantage: With proposed reforms to Maharashtra’s fragmentation law (Tukdebandi Act), smaller plots under 1 guntha (≈1,000 sq ft) will be regularized—opening fresh options for micro-plot development in areas like ShankarpurHousing+9MagicBricks+9The Times of India+9. plots in Shankarpur Nagpur

2. Real Estate Snapshot

✅ Plot Rates & Appreciation

🏗️ Prominent Developments & Sizes

  • Anandam Elite Phase‑IV: Plot sizes of ~1,100–2,200 sq ft with rates around ₹3,300–₹3,500 per sq ft; township-style amenities and RERA/NMDRA approvals in placeThe Times of India+6Bhumesh Realators+6Wainganga+6. plots in Shankarpur Nagpur
  • Unique Park I & II: 1,079–3,600 sq ft plots starting at ₹23 lakh to ₹30 lakh, on track for completion by 2026Ghar.tv+1Ghar.tv+1.
  • Tirupati Silverpark, Mauli Nagar 18, Viraj One: RERA-registered developments offering 1,000–1,400 sq ft plots between ₹19 lakh to ₹44 lakhbhumeshrealtors.com+8CommonFloor+8Real Estate India+8. plots in Shankarpur Nagpur

3. Infrastructure & Lifestyle

  • Connectivity: Excellent road access, metro station nearby, and proximity to Airport Metro Station enhances accessibilityHoussedbhumeshrealtors.com. plots in Shankarpur Nagpur
  • Amenities & livability: Gated layouts, parks, clubhouses, jogging tracks, power backup, sewage systems, and other township facilities available in several projects like Anandam Elite and Unique Park seriesGhar.tv+7Bhumesh Realators+7CommonFloor+7.
  • Community essentials: Local schools, hospitals, restaurants (e.g. Mocha Sky, Shikar Family Restaurant), and malls all within easy reachHoussed+1Wainganga+1.plots in Shankarpur Nagpur

4. Market Indicators: Opportunity & Risks

⚡ Opportunity plots in Shankarpur Nagpur

  1. Economic boost from MIHAN SEZ: MIHAN-driven growth has already triggered 25–40% property price hikes in Nagpur, with indirect employment and rising demand expected to continue pushing demand in peripheral zones like ShankarpurThe Times of India+14Wikipedia+14Wainganga+14.
  2. Regulatory clarity: Maharashtra’s land reforms and amnesty schemes (nazul land conversion, regularization of small plots) streamline legal compliance and attract investorsThe Times of India+1The Times of India+1.

⚠️ Challenges

5. Buyer’s Strategies: What to Look For

StrategyWhy It Matters
✅ Choose RERA/NMDRA‑registered projectsEnsures legal clarity, infrastructure commitments, resale value
✅ Prioritize layouts with full development (roads, drainage, amenities)Helps avoid monsoon-related hazards and enhances habitability
✅ Consider legal status: regularized vs nazul/fragmented plotsState amnesty and reforms ease documentation for older plots
✅ Look at project-specific velocityProjects nearing possession (e.g., Unique Park, Tirupati Silverpark) may offer quicker returns

6. Final Verdict: Is Shankarpur the next real estate boom?

Yes—potentially. With strong growth fundamentals—proximity to MIHAN, improving legal frameworks, RERA-registered township plots, and rising demand—Shankarpur is poised for real estate momentum. That said, success depends on choosing developed, well-regulated projects to bypass conventional risks like monsoon drainage, illegal plots, or compliance gaps.


📌 Key Takeaways

  • Emerging growth corridor: Shankarpur benefits from MIHAN-led development and proximity to educational, corporate, and lifestyle hubs.
  • Attractive pricing: ₹3,000–3,600/sq ft range and moderate annual appreciation (~3–4%).
  • Good legal clarity: RERA-approved and town−planning-compliant developments.
  • Risks manageable: Water‑logging/snakes likely only in unbuilt open land nearby, not in serviced layouts.

In short: Shankarpur is emerging as a high‑potential zone for plot buyers and investors in Nagpur—especially if you focus on quality, approved schemes and avoid speculative open lands.

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