NRIs investing in Nagpur
08-Sep-2008 :
Nagpur has successfully emerged as the favourite real estate destination for NRIs (Non Resident Indians).
It is the geographical center of India, has abundance of affordable land and labour.
In the past 5 years, IT, ITeS and the BPO sector have made inroads in to the city.
One of the most prominent investments in the city includes that of Boeing’s USD 100 million maintenance, repair and overhaul base for Asia.
This project will lead to a number of job opportunities, talent movement to the state and thus residential development around the site of the project.