NMIMS to Establish Nava Raipur Campus; Land Registration Completed for 40-Acre Site
The Narsee Monjee Institute of Management Studies (NMIMS), operated by Shri Vile Parle Kelavani Mandal (SVKM), completed the land registration and a 90-year lease agreement for its upcoming campus in Nava Raipur Atal Nagar, Chhattisgarh, on Tuesday, September 1, 2026. The significant development occurred in the presence of Chhattisgarh Chief Minister Vishnu Deo Sai, marking a crucial step towards expanding higher education opportunities in the state.
This initiative aims to transform Nava Raipur into a prominent education and knowledge hub, offering many employment-oriented courses, fostering skill development, and promoting innovation and entrepreneurship. The campus is projected to accommodate approximately 10,000 students upon full development, significantly enhancing access to quality education within Chhattisgarh.
NMIMS Nava Raipur Campus: Project Details and Timeline
The NMIMS Nava Raipur campus project will be developed on a 40-acre site with phased academic operations planned over the next few years.
| Particulars | Details |
|---|---|
| Campus location | Sector 18, Nava Raipur Atal Nagar |
| Land area | Approximately 40 acres |
| Land lease period | 90 years |
| Allotted to | Shri Vile Parle Kelavani Mandal (SVKM), the parent body of NMIMS |
| Cabinet approval date | January 21, 2026 |
| Target timeline for project completion | Within seven years |
| Expected start of first academic batch | Within two to three years of land registration |
| Planned student capacity | Around 10,000 students |
| Academic offerings | Diverse academic programmes |
Chhattisgarh Government’s Vision for Higher Education
Chhattisgarh Chief Minister Vishnu Deo Sai emphasized the state government’s commitment to providing quality higher education opportunities within Chhattisgarh. “The state government is continuously working towards ensuring that the youth of Chhattisgarh do not have to travel to major cities for quality and modern higher education and that they receive opportunities within their own state, similar to those offered at prestigious institutions in the country,” Chief Minister Sai stated. He further added, “The proposed NMIMS is an important step towards this resolve.”
The establishment of the NMIMS campus aligns with the state’s broader strategy to develop Nava Raipur as an educational and knowledge hub. This move is expected to attract talent, foster research, and contribute to the region’s economic growth by creating a skilled workforce.
Key Officials Present at Land Registration
Key state officials attended the land registration and lease agreement process on September 1, 2026, highlighting the government’s support for the educational venture.
- Deputy Chief Minister Mr. Vijay Sharma
- Finance Minister Mr. O.P. Chaudhary
- Principal Secretary Mr. Subodh Singh
- Housing and Environment Secretary Mr. Ankit Anand
- Chief Executive Officer, Nava Raipur Atal Nagar Development Authority, Mr. Chandan Kumar
NMIMS National Standing and Future Collaborations
The Narsee Monjee Institute of Management Studies (NMIMS) holds a reputable position in India’s higher education landscape, having been ranked 52nd in the Centre’s National Institutional Ranking Framework (NIRF) University Rankings 2025. This ranking highlights the institution’s academic excellence and commitment to quality education, which it now brings to Chhattisgarh.
In a related development, the Chhattisgarh cabinet also approved a Memorandum of Understanding (MoU) with the Software Technology Parks of India (STPI) to establish four new entrepreneurship centres in Nava Raipur Atal Nagar. This parallel initiative further strengthens the region’s focus on fostering innovation and providing platforms for aspiring entrepreneurs, complementing the academic offerings of the new NMIMS campus.
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