Shapoorji Pallonji Real Estate's presence in Nagpur is built around SP Infocity, a Grade-A IT/ITES campus inside the Multi-modal International Cargo Hub and Airport (MIHAN) Special Economic Zone. Developed by Shapoorji Pallonji Real Estate, this project is part of the MIHAN SEZ, offering a combination of infrastructure, connectivity, and financial incentives. Spread across a 100-acre campus, the project offers Grade-A office spaces characterised by high efficiency and modern architectural design. The campus sits alongside Dr Babasaheb Ambedkar International Airport, roughly 6 km from the airport and 12 km from the main Nagpur city, with good access by road from both the airport and the main city.
SP Infocity was conceived to function as a self-contained business district rather than a single office block. It was specially designed to cater to BPOs, call centres, data centres, software production houses, animation studios and other similar operations, with multiple office buildings built as part of the overall MIHAN IT Park. On-site infrastructure extends beyond desks and floor plates: there is a food court, ATMs, a fully equipped clubhouse, a day care centre, retail outlets and a full-service hospital inside the premises. Individual buildings within the campus carry generous dimensions for large occupiers — one standalone tower alone runs to a total built-up area of around 5,00,000 sq. ft. across a 7-storey standalone building, with a per-floor area of about 50,000 sq. ft.
The tenant roster reflects the scale of company SP Infocity attracts. Buildings within the campus are currently occupied by Infosys, Neeyamo Enterprise Solutions and InfoCepts Technologies, while other blocks on the same campus have counted Hexaware Technologies and GlobalLogic among their occupiers. This is the kind of client list — global IT and BPO majors leasing at scale inside a government-backed SEZ — that a developer typically only attracts after demonstrating construction discipline on institutional-grade work elsewhere.
Envisioned as a multi-modal conveyance hub and Special Economic Zone, MIHAN holds strategic significance due to its central location within the country, with seamless connectivity through air, road and rail networks. Its core feature is the integration with Dr. Babasaheb Ambedkar International Airport, enabling an international cargo hub and passenger terminal that allows efficient movement of goods, services and people. The SEZ offers tax benefits, streamlined customs procedures and simplified regulations that encourage both local and foreign investment — precisely the framework that draws multinational IT and ITES occupiers to a campus built by a single developer.
Shapoorji Pallonji Real Estate's decision to build here reflects a broader pattern in the group's commercial portfolio. The group's design and execution standards have led it to develop 155 acres of SP Infocity IT and SEZ parks across India, with Nagpur's campus sitting alongside sister Infocity developments in Pune and Manesar. That repeatable, multi-city SEZ format — rather than a one-off project — is what gave SP Infocity Nagpur the credibility to sign large IT tenants early.
Shapoorji Pallonji has been a driving force in India's real estate sector since the 1970s. Shapoorji Pallonji Real Estate, part of the 160-year-old SP Group, develops residential and integrated townships across 12-plus Indian cities with engineering-led design. Its reference projects span very different registers of the market: India's tallest twin towers, The Imperial in Mumbai, and Shukhobrishti in Kolkata, Asia's largest mass housing project with 20,000 affordable homes for the multicultural Indian community. In 2016 the group launched the brand Joyville to deliver affordable homes across multiple locations nationwide, while premium addresses include The Imperial in South Mumbai, Sarova in Kandivali and Vanaha in Bavdhan Pune, alongside Joyville-branded communities in Hinjewadi, Hadapsar, Virar, Gurugram, Howrah and Manjari.
Ownership continuity is part of the pitch to long-horizon buyers. Ownership has remained with the founding Mistry family for five generations, with the company headed by a grandson of founder Pallonji Mistry until 2012, when he announced his retirement and the succession of his son, Shapoor Mistry. Operationally, the group's vertical integration is unusual for Indian real estate: it operates in six major business areas with 13 group companies, three divisions and a workforce of over 60,000 people from more than 40 nationalities, meaning structural, MEP and finance capabilities that support a project like SP Infocity sit within the same parent rather than scattered across third-party contractors.
SP Infocity's location inside MIHAN puts it directly on Nagpur's most active infrastructure corridor. The 701 km Samruddhi Mahamarg is fully operational, reducing travel time between Mumbai and Nagpur to around 8 hours, and this compression of distance is reshaping demand along the Wardha Road-MIHAN belt. The south-east corridor running from Wardha Road and Besa toward MIHAN and along the Samruddhi Mahamarg has been one of Nagpur's more active property zones, where the employment anchor of the SEZ, the airport, and the expressway overlap.
The employment base around this corridor keeps widening. The operational campuses of TCS, Infosys, Tech Mahindra and HCL now employ thousands of tech professionals, while the Dassault Reliance Aerospace Park (DRAL) and the Air India MRO facility have turned Nagpur into a major aviation hub. Beyond MIHAN specifically, industrial investments exceeding ₹71,500 crore, led by groups such as Adani, Reliance Industries and JSW, are underway, with close to 3 lakh direct and indirect jobs projected over the next 5 years. That scale of job creation is precisely the demand base that fills office floor plates such as those at SP Infocity, and, over time, the housing corridors that ring them.
Market data backs the momentum. According to Liases Foras, demand for residential plots in Nagpur grew 16% YoY in FY24, while apartment demand rose 44%, indicating strong end-user and investor traction across formats. Land values on the MIHAN-influenced side of the city have moved sharply too: since 2022-23, land prices near the Samruddhi Circle area have increased by nearly 3.7 times compared to 2015, with current land prices for plotted developments in the zone ranging between ₹3,000 and ₹5,000 per square foot.
For occupiers and institutional watchers, SP Infocity is the clearest proof point of Shapoorji Pallonji Real Estate's Nagpur credentials: a large, multi-building SEZ campus already leased to Infosys, GlobalLogic, Hexaware and other IT names, sitting inside a national-priority economic zone with airport, rail and expressway access engineered around it. The same MIHAN corridor that justified the SP Infocity investment is also the corridor that city planners and independent market trackers point to for the next phase of Nagpur's residential and mixed-use growth, given the upcoming Nagpur International Business and Financial Centre, with an investment outlay of over ₹11,500 crore, reinforcing this early-cycle positioning. Anyone assessing the developer's relevance to this city is really assessing two things together: the group's national engineering track record, and the durability of the MIHAN employment hub its Nagpur campus was built to serve.
