Builders are expected to start work on 450 new homes later this month after Rushcliffe Borough Council granted detailed planning.
The new estate will be called Hollygate Park and will be built by sister companies Barratt Homes and David Wilson Homes.
Planning director Robert Galij said: “We are very pleased that detailed planning permission has been given for this project.
Hollygate Park is one of the first developments in the country to achieve top marks in the Built For Life 12 accreditation, which recognises excellence in design quality, safety and community.
Robert Galij, Planning Director for Barratt Homes and David Wilson Homes, said: “We are very pleased that detailed planning permission had been given for this project.
“More than 200 local training and employment opportunities will be provided by Barratt Homes and David Wilson Homes as part of this project, and we also want to boost local businesses by encouraging them to participate in the provision of goods and services.”