Advait Shantiban Apartment

By: Advait Construwell in Jail Road

is one of the popular Residential Developments in neighborhood of Nashik. It is among the Projects of its class. The landscape is beautiful with spacious Houses.

Located in the south-eastern part of Nashik, Jail Road is one of the fastest growing localities in the city. The area gets its name from Nashik Central Jail, which is located nearby. It’s a prime locality, thanks to its proximity to Nashik Road Railway Station and Ozar Airport. The area is generally well-known for its pleasant weather and surroundings. It also has several well-maintained municipal parks that make for excellent recreational spaces. One of the largest religious events in the world, Kumbha Mela takes place here, once every 12th year. Such is the extent of the celebration in Nashik that up to 15 lakh people from various walks of life converge on the river Godavari at Nashik. This massive influx of tourists and pilgrims has led to the growth of the city over the years. A generous sprinkling of good restaurants, stores, and other amenities makes Jail Road a good blend of residential and commercial space. Several reputed schools and hospitals in the area also boost Jail Road is social infrastructure.

Connectivity and Transit Points

Jail Road is connected to the rest of Maharashtra by a network of well-maintained roads. The MSRTC (Maharashtra State Road Transport Corporation) buses are punctual and provide an effective means of transportation. The large fleet of private buses only add to Jail Road’s transportation muscle. These buses make Mumbai, Pune, Indore, Ahmedabad, and most other major cities easily accessible. Nashik Road Railway Station is situated only 3km away, while Ozar Airport is about 22km from here. Good bus connectivity is available from Jail Road to both the airport and the railway station. Unmetred black and yellow taxis can be hired to travel to most nearby places. Air conditioned taxis are also readily available at conveniently located taxi stands. Auto-rickshaws, both metered and unmetered, are very common.

Major Landmarks

• Nashik Central Jail
• Currency Press
• St. Philomena's Convent High School
• V-Tech Park

Factors for Growth in the Past

Rapid industrial growth in Nashik, with the establishment of industries such as Mahindra, Bosch, Siemens, and Hindustan National Glass Ltd has led to infrastructure development in Jail Road. This created many job opportunities, which led to the influx of a large number of people into the locality and further fuelled growth.

Residential and Commercial Market

Residential Market Trends

Jail Road is one of the newly developed areas of Nashik, and apartments are predominantly what one will find here. There’s something for everyone, whether it’s a bachelor looking for a temporary place to live or a family looking to settle long term.The cost of buying a place here, can vary from Rs 200 per sq. ft. to Rs 6,000 per sq. ft. Rent prices can vary from Rs 5 per sq. ft. to Rs 30 per sq. ft.

Commercial Market Trends

Relatively few commercial spaces can be found here for rent or sale, compared to residential places, which are available in abundance.

Major Challenges

One might encounter the usual problems that accompany construction (construction debris, noise, and sanitation), since there are quite a few projects that are ongoing. But this is rare, since most of Jail Road has already been developed. Traffic tends to get congested during certain parts of the day, making commuting a real hassle. Measures are being taken to alleviate this problem, including introducing public transport, building flyovers, and so on. Jail Road also sometimes suffers from water scarcity.

Factors for Growth in the Future

Jail Road will continue to be a prime locality because of its proximity to the Mumbai-Agra and the Nashik-Pune highways. Many malls, schools, eateries, and hospitals are concentrated here, too. This means that Jail Road and its surrounding areas have a lot of potential for growth, both residentially and commercially. The crime rate here is also very low, making it an attractive option for anyone, especially families looking to relocate.