Lakefront, Highway or City-Edge: What Type of Plot Location Should Buyers Choose in Nagpur?

Nagpur’s plot market is varied. The plot options in Nagpur can be broadly classified into three categories: lakefront plots for buyers looking for calm and relaxed surroundings; plots on highways; and city-edge plots, which offer daily services and open spaces.

When someone is trying to find a plot in Nagpur to buy and build a house, they need to first evaluate their reasons for buying a plot. A family looking to shift to a future home may need a plot that is close to daily services and has good road connectivity. A long-term investor would look to study the surrounding infrastructure to gauge future growth. A lifestyle buyer may look for a plotted development that has lots of open space, water features and other amenities.

When buying a plot in Nagpur, the buyer needs to take into account a number of factors in choosing the right type of location for their needs, i.e. intended use, budget, travel patterns and holding time.

Why Plot Location Types Matter in Nagpur

Nagpur’s real estate appeal is growing. The city is a major Central India city connected by road, rail, airport, metro and logistics. The city is the winter capital of Maharashtra and is in the centre of India.

The various location options available for a property offer more than just a central location. These options allow potential buyers to compare a property’s location in relation to the city centre with options that are located on growth corridors, near water, on main highways, near MIHAN, as well as on the edge of the city.

Lakefront or Water-Led Plots: For Lifestyle and Calm

Nagpur has a strong water-body identity. The Nagpur district has Ambazari Lake as the largest lake in the district. Other lakes in Nagpur district include Gorewada and Telangkhedi lakes. Ambazari Lake, the largest of Nagpur’s 11 lakes, is a large lake surrounded by tall mango trees, where one can enjoy boating and spend quality time with family and friends [1].

These locations may suit buyers who want a calm way of life, open space and a second home or future home for relaxation and leisure.

Water-based plots might appeal to buyers who look for:

• A more peaceful setting
• Planning using open space
• Second home or weekend home
• Family recreational activities and healthy living
• An environment that is not like busy city areas

HOABL Nagpur Marina is a 78-acre luxury waterfront land development in Nagpur. The project features a man-made beach, 40+ amenities, a 28,000 sq. ft. luxury clubhouse and more. The plots are available for sale in Nagpur, with plot sizes starting from 116 sq. meters, or 1,250 sq. ft.

A planned lifestyle project could be of interest to a buyer who wants to own a plot of land and at the same time experience a lifestyle environment. However, the buyer needs to check the exact location of the plot, the project documents, RERA details, terms of possession, maintenance charges and all access points.

Highway-Linked Plots: For Connectivity and Growth Corridors

If a plot is located near a highway, there is a different set of parameters to evaluate. The main factor for a buyer to evaluate is how easy it would be for people and vehicles to move in and out of the location, and also for future growth.

The Samruddhi Mahamarg is a Super Communication Expressway. The Nagpur-Mumbai Super Communication Expressway, 701 km long, is being developed at an estimated cost of ₹55,000 crore. Phase 1, connecting Nagpur to Shirdi, with a length of 520 km, was inaugurated in December 2022 [2].

In the case of plot buyers, locations that are connected to highways may be suitable for people who value:

• Faster connectivity between cities
• Logistics and business routes
• Future investments
• Industrial and airport-based growth zones
• Future commercial movements, if allowed

Highway-linked plots are not automatically suitable for residential use. The service road on which the plot is sited must be wide enough and have adequate access/exit points. Study entry/exit points, noise level, land-use permission, etc. Also study frontage, setbacks, etc., to ensure the plot is safe to reside in with family.

Read more about how Samruddhi Expressway is changing plot buying in Nagpur.

City-Edge Plots: For Balance Between Access and Open Space

A city-edge plot is a halfway house between living in an established neighbourhood and having a detached plot of land. A city-edge plot offers more space than a home in an established neighbourhood. The plot may offer more flexible planning options. It is also near where future infrastructure may be.

Nagpur is being planned as a metropolitan area. Nagpur Metropolitan Area (NMA) has been defined by NIT for planning and development of Nagpur City and Nagpur Gramin and areas around Hingna, Parshivni, Mauda and Kamptee. The area within the planning area around the NMC limit is approximately 3,780 sq. km [3].

Home buyers today are not limited to buying homes in old established city-centre locations. Rather, they are increasingly open to considering “city-edge” locations which are growing with the advantage of having been planned with well-laid-out roads, and with the benefits of metro, industry and improving public services.

City-edge locations might be suitable for buyers who prefer:

• Good accessibility in comparison to isolated sites
• Greater openness than the city centre
• Use as permanent housing
• Proximity to schools, hospitals and markets in the long run

Areas on the city edge may still lack essential services like roads and utilities. Check out what the current situation is and what can happen in the short term.

MIHAN and Metro Access Are Changing Buyer Priorities

Nagpur buyers will also be looking at employment, travel and development of the city over the long term, and how MIHAN and metro connectivity will develop.

The MIHAN project is spread over about 4,354 hectares, including airport expansion and a large multi-product SEZ spread over 1,238 hectares of land, along with IT parks, hospitals and other manufacturing units to add value to the products to be manufactured in the SEZ [4].

Nagpur Metro Rail, by Maha Metro, is planning for the movement of people within the city. The project comprises 38.215 km of metro corridor with 38 metro stations and 2 metro depots in Phase 1 [5]. The proposed corridor length for Phase 2 is 43.8 km with 32 stations [6].

A plot today which is not in the centre can become more central as mobility and employment corridors start growing around it.

Lakefront vs Highway vs City-Edge: How Buyers Can Decide

This comparison between three different types of plots to buy should not be based only on the name of the plot. A lakefront-style plot offers a lot of lifestyle possibilities. But the plot must be legally sound and well-maintained. A highway-linked plot offers access to the plot. But the entry to the plot and the land use must be practical. A city-edge plot offers long-term balance. But only if the necessary infrastructure is developing in the right way.

What Buyers Should Check Before Shortlisting

When considering any plot of land for purchase in Nagpur, the buyer should consider the following:

• The title and ownership details
• Land-use classification
• Layout plan
• RERA registration, if applicable
• Road accessibility and right of way
• Distance from highways, metro, airport and daily services
• Water and electricity availability
• Drainage and monsoon usability
• Noise, traffic and surrounding activity
• Possession and maintenance terms
• The suitability of the land for the buyer’s purpose

A buyer who intends to construct a residential property in the future might have different criteria than an investor buying purely for appreciation. A buyer intending to buy a home for the family should not overlook schools and hospitals. An investor should not ignore land use, infrastructure timelines and exit potential.

Conclusion

Plot locations in Nagpur vary to meet the requirements of different sets of buyers. Lakefront plots with water features may appeal to buyers looking for a lifestyle. Highway-side plots may be suitable for buyers studying connectivity and growth. City-edge plots may offer a mix of future residential growth and proximity to expanding infrastructure.

It is important to verify every plot for its accessibility, approval status, correct land use, availability of utilities, legal status and long-term usability, while Nagpur is growing in various ways through the MIHAN project, metro project, national and state highways and metropolitan planning, etc.

FAQs

Are lakefront plots in Nagpur good for buyers?

Lakefront plots of land can provide a different lifestyle, often with more space and quieter surroundings. Before you buy a lakefront plot of land, it would be wise to investigate the following: drainage, all relevant permissions, who is responsible for maintenance, how you access the plot and what relevant documents exist.

Are highway-linked plots in Nagpur better for investment?

Highway-linked plots may be suitable for those looking to purchase property on growth corridors. Check access to service roads and surrounding land use, noise, safety and number of entrances and exits.

What makes city-edge plots relevant in Nagpur?

City-edge plots may offer more space than city-centre plots and provide a balance between space to live and being on the edge of growth. Check if utilities and local amenities are already available.

Sources

1. https://en.wikipedia.org/wiki/Ambazari_Lake
2. https://en.wikipedia.org/wiki/Mumbai%E2%80%93Nagpur_Expressway
3. https://www.nitnagpur.org/metropolitan
4. https://www.madcindia.org/about_mihan
5. https://www.metrorailnagpur.com/nagpur-metro-passenger-services/route-map
6. https://www.metrorailnagpur.com/assets/Final-Draft-Resettlement-Plan-31-Jan-2024-D_VrdwzM.pdf