An integrated urban ecosystem bringing together retail, entertainment, healthcare
and residences, designed to complement Nagpur’s next phase of growth.
Gold Rate
Aug 11 ,2026 - Time 10.30Hrs
NAGPUR, 11 August 2026
VIPL Realty, a unit of the VIPL Group, today, 11 August 2026, announced the launch
of NMC’s B-Park, an integrated mixed-use development strategically located in Mahal,
Central Nagpur. A project of the Nagpur Municipal Corporation (NMC), being
developed by VIPL Realty, bookings for the project will be officially launched on 13
August 2026. NMC’s B-Park has been envisioned as an integrated destination that
brings together shopping, premium retail, entertainment, healthcare and urban
residences within one thoughtfully planned ecosystem.
The project reflects VIPL Group’s continued expansion in the real estate sector and its
vision of creating integrated developments that contribute to the sustainable growth of
cities while serving the evolving needs of businesses, investors and communities.
As Nagpur continues to strengthen its position as one of India’s fastest-growing
investment destinations, its growth story is backed by strong economic indicators. The
city has been ranked as the #1 Emerging Investment Destination among 30 Tier-II
cities by Colliers (2025) and is projected to witness 5.2x appreciation across
emerging micro-markets between 2024 and 2035. With over ₹4,500 crore in
announced investments including ₹1,500 crore by JSW Group for a magnesium plant
and renewable energy initiatives, ₹2,000 crore towards next-generation logistics parks,
and ₹1,500 crore by Reliance Consumer for an integrated food and beverage
manufacturing facility, Nagpur is witnessing unprecedented momentum. It is this rapid
transformation that makes integrated, future-ready developments like NMC’s B-Park
both timely and significant.
Traditionally, Budhwar Bazar was a local marketplace for vendors and small
businesses, managed by the Nagpur Municipal Corporation (NMC). NMC’s B-Park
builds on this commercial legacy by transforming the area into an integrated, organised
and future-ready mixed-use destination. Spread across over 42,000 square metres in
the heart of Mahal, Central Nagpur, NMC’s B-Park has been designed as more than a
conventional mixed-use development. Every component has been thoughtfully
integrated to complement the other, creating a vibrant destination where commerce, leisure, wellness and everyday living seamlessly coexist. The project is expected to
become a preferred address for businesses, residents, visitors and investors alike.
The development includes:
Shopping Mall
Premium Retail Spaces
Multiplex Entertainment
Food Court
Multi-Speciality Hospital
Urban Residences
Three-Level Basement Parking
Modern infrastructure with seamless accessibility
Designed to remain active throughout the day, NMC’s B-Park has been envisioned as a
destination where every experience complements the next. By integrating retail,
entertainment, healthcare and residential spaces within a single ecosystem, the
development is set to establish a new benchmark for mixed-use urban destinations in
Central India.
Statement from VIPL Group
“Nagpur is entering one of the most exciting phases in its history. As the city grows into
a major commercial and investment destination, it deserves developments that match
its aspirations. B-Park has been envisioned as a destination that integrates business,
lifestyle, healthcare and community into one cohesive ecosystem. It is not merely a
development; it is our commitment to creating enduring value for the city and everyone
who will experience it.”
— Mr. Prashant Ugemuge
Managing Director
VIPL Group
Nagpur Crime: पुराने विवाद में युवक पर हमला #NagpurNews #Crime #MaharashtraNews #news...
पुलिस के खौफ में आरोपी ने खाया जहर? इलाज के दौरान मौत...
72 वर्षीय बुजुर्ग महिला से 55 हजार का मंगलसूत्र झपटा #crimenews #nagpurnews...
पृथ्वीराज चव्हाण का बड़ा बयान! BJP पर निशाना #NagpurNews #Politics #MaharashtraNews #Congress...
Job के नाम पर ₹25 लाख का खेल! #NagpurNews #Crime #jobfraud #JobScam...
सहकर्मी पर भरोसा पड़ा भारी! #NagpurNews #Crime #BankFraud #LoanFraud #LoanScam #BankEmployee
