Constitution: Partnership Firm
Nature of Business: Builders & Developers of Residential and commercial apartment. Management and its past: Shri. Sanjay N. Paidlewar and Shri. Nitish Rameshchandra Chordia, are the partners who are Civil Engineers by profession. They are in this business since last 20 years and they have a rich experience in construction, marketing and other intricacies of the business line since last 15years, they have been successful builders on their own and have so far executed 70 residential and commercial complexes and have entered name for quality and timely construction.
The under-planning MIHAN project will be spread over 4,025 hectares and, when completed, it is going to be one of the biggest cargo hubs in Asia. Besides the airport, the proposed project involves a road-rail terminal, a special economic zone (SEZ) and other urban amenities.
An IT park spread over 400 hectares in the SEZ will house IT majors like Satyam Computers, TCS, Patni Computers as well as Microsoft. Dell too has evinced interest in Nagpur. The Boeing MRO facility has alrady been talked about.
In the Special Economic Zone, units may be set up for manufacturing of goods, rendering of services, production, processing, assembling, trading, repairs, packing and repacking.
In addition, attractive fiscal incentives, soft regimes of taxes for developers and entrepreneurs, productivity-friendly labour laws and simpler procedure shall also be offered in the zone, as has been available in other free trade zones all over the world.
A separate 60 hectares have been allocated within the SEZ for the Health City, which is expected to provide about 2,000 beds in various multi-speciality hospitals.
Private players will operate one or more specialised units in the Health City. The proposed Health City, envisaged as the preferred destination for health tourists all over the world, shall be located in the SEZ, providing the operators tax concessions and other benefits as per the SEZ Act 2005.