New Nagpur project land acquisition cost exceeds ₹4,000 crore
pre-market1 source ↓written by the desknot a recommendation
- projected to exceed
- ₹4,000 crore
- initial estimate
- ₹3,000 crore
- of private land
- 629.43 ha
The land acquisition cost for the New Nagpur Business District project is projected to exceed ₹4,000 crore, surpassing the initial estimate of ₹3,000 crore. The final compensation for farmers will be determined within a week, with 629.43 ha of private land being procured through negotiations. This development is significant for the infrastructure sector as it indicates increased investment in regional development.
Not investment advice. For informational purposes only.