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Nagpur International Business and Finance Centre (IBFC)

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Source: The Indian Express

Project
Approved

Development of an International Business and Finance Centre (IBFC) under 'New Nagpur' across 692.06 hectares at Godhni and Ladgaon. The project cost is estimated at ₹6,500 crore, including ₹3,000 crore for land acquisition and ₹3,500 crore for development. The full amount will be raised as HUDCO loans with guarantees. The IBFC aims to attract knowledge-based industries, startups, corporate offices

Status
Prospective
Sector
Mass Transit, Road, Rail, Government, Commercial
Location
Nagpur, Maharashtra, India
Updated
22 Jul 2026
Source
The Indian Express

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Project Information

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The project “Nagpur International Business and Finance Centre (IBFC)” is an infrastructure initiative in the Mass Transit sector, located in Nagpur, Maharashtra, India. Taiyo aggregates data on it from The Indian Express.

Participants

Sponsoring Agency

Status

Original status

approved

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Development of an International Business and Finance Centre (IBFC) under 'New Nagpur' across 692.06 hectares at Godhni and Ladgaon. The project cost is estimated at ₹6,500 crore, including ₹3,000 crore for land acquisition and ₹3,500 crore for development. The full amount will be raised as HUDCO loans with guarantees. The IBFC aims to attract knowledge-based industries, startups, corporate offices, and create integrated infrastructure with smart utilities and single-window clearance. NBCC will act as project management consultant.

Original sector

Commercial

Budget

Location

Country

India

State

Maharashtra

City

Nagpur

Source

Source

The Indian Express

URL

More Details

Record type

Project

Sector

Mass Transit, Road, Rail, Government, Commercial

Article published date

2025-09-16

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