Prospects of Real Estate Development (Residential and Commercial) in Raipur Market
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Prospects of Real Estate Development (Residential and Commercial) in Raipur Market in the next 10 years


.pdf   Raipur Market in the next 10 years.pdf (Size: 261.14 KB / Downloads: 12)
Problem Statement:

You are an employee at RG Group. The company’s CEO has asked you to determine whether or not it is feasible to enter into this new and fast developing city. For various reasons it is not possible for you to travel to Raipur to collect primary data. So you need to conduct secondary research and use your judgment in order to identify all possible enablers and hold-ups vis-à-vis setting up various residential and commercial projects, suggest possible (and preferably multiple) suggestions and ideas that why should RG group have a presence in the city of Raipur.

Background Information:

Raipur is the capital city of the state of Chhattisgarh, India. The city is the administrative headquarters of Raipur District. It was formerly a part of Madhya Pradesh before the state of Chhattisgarh was formed on November 1, 2000. The population is 1,122,555 (as per census of India, 2011). Raipur is located near the centre of a large plain, sometimes referred as the "rice bowl of India", where hundreds of varieties of rice are grown. The Mahanadi River flows to the east of the city of Raipur, and the southern side has dense forests. The Maikal Hills rise on the north-west of Raipur; on the north, the land rises and merges with the Chota Nagpur Plateau, which extends north-east across Jharkhand state. On the south of Raipur lies the Baster Plateau.

Objectives of Naya Raipur

A satellite city to Raipur holding capital function is the primary identity of Naya Raipur. It will be modern in the use of technology, uphold worthy traditions and core values, and conserve the prevailing man-nature symbiotic culture as well as abundant nature & cultural assets in the region. The citizens will be offered a wide range of living options with equity and dignity. A servicing hub not only in manufacturing of goods but also in information Technology and Bio-Technology sectors.
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