Real Estate Scenario in Nashik
Nashik is located about 180 kms east of Mumbai. Availability of Grape Crops in abundance has gained the name of ‘Wine Capital Of India’ for the city of Nashik. After Mumbai and Pune, Nashik is the third most developed city of Maharashtra, and has been undergoing great industrialization for the past three decades. The real estate market of Nashik is shifting into high demand due to its industrial growth and proximity to Mumbai, attracting numerous buyers from all across the country.
Apart from its industrial growth, Nashik has also come up as a centre of attraction for its various pilgrim centers. Shiridi, Tryambakeshwar and Shani Shignapur are the religious pilgrimages being visited by the devotees from all across the country and world. The beautiful surrounding and pleasant climate throughout the year has made Nashik the most favored choice of the investors.
Over the years Nashik has experienced massive growth and development. Numbers of industries are coming up rapidly in Nashik providing modern look to the city. Setting up of the top notch Multiplexes, Hotels, Colleges, Hospitals, Institutions and various Shopping Malls, etc. have added artistic look to the City. Nashik is day by day getting transformed into IT and Wine Park Zone that has certainly contributed a lot towards the growth of the city.
Well established road and rail network has made the city easily accessible for the traders and investors. Various highway projects are coming up raising property benchmarks to the best possible level in Nashik. With paced developments, many families and industries have started migrating to this beautiful city of Maharashtra, which promises massive amount of opportunities for the growth and development of the people. Various reputed companies like Glaxo Smithkline, L&T, Kirloskar, Crompton Greaves, CEAT, Mahindra and Mahindra, Schneider Electric, etc. have enthusiastically invested in Nashik.
Moreover, looking at the present real estate market trend Nashik has developed into a hot spot for property investment. According to experts the rise in market is expected to zoom in the near future thus, it is the right time to invest in the property of the Nashik so that you could get maximum return on your investment. 100% to 200% return on investment is definitely possible in several investments if Nashik’s growth continues along the path it is on.