| The real estate and property investment trend in Raipur is encouraging. It is a rapidly growing city that is experiencing significant real estate and property investment activities. Raipur is the capital and the largest city of Chattisgarh.
It has a total land area of about 456 square kilometers. New residential and commercial properties are being constructed in and around Raipur. These include shopping malls by nationally recognized developers, a regional trade center and an Information Technology park. Organizations such as Reliance, Omaxe, etc are involved in constructing these properties. Chattisgarh Housing Board is particularly active in construction of residential properties. Areas along G.E. Road are attractive location for the retail industry. Raipur airport has been proposed for up gradation as an International airport. The new city of Naya Raipur, covering an area of about 8000 hectares, has been developed near Raipur under the Naya Raipur Development Authority (NRDA). Software parks, research and education services, recreational activities, private and government offices, etc are being planned for this city.
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