Recent & Future Developments

What's New in Ladgaon, Nagpur

Live news feed — last updated 23 June 2026

23 Jun2026

Rs 12-Crore Road Project Stalled Over 'Walkable Street' Proposal

A crucial one-kilometer road project connecting LAD Square to Shraddhanandpeth via VNIT in Nagpur has been stalled for six months due to a debate between executing the sanctioned cement concrete road or redesigning it as a 'walkable street'. The latter would cost an additional Rs 8 crore, for which no budget is allocated.

Source: The Times of India

01 Oct2025

The Nagpur Metropolitan Region Development Authority (NMRDA) is acquiring approximately 1,710 acres of land on the outskirts of Nagpur to establish an International Business and Finance Centre (IBFC) under the New Nagpur project. Modelled after Mumbai's Bandra Kurla Complex (BKC) and Gujarat's GIFT City, the project aims to transform Nagpur into a major commercial hub.

Source: Hindustan Times, Swarajya & 1 others

30 Sept2025

The Nagpur Metropolitan Region Development Authority (NMRDA) has initiated land acquisition for the International Business and Finance Centre (IBFC) under the New Nagpur project. The Maharashtra government has allocated ₹3,000 crore for land acquisition, but landowners in Ladgaon and Godhani (Rithi) have raised concerns regarding compensation for the transferred land.

Source: Hindustan Times, The Times of India

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