Real estate growth in Nashik.

Q: How is the growth of real estate sector in Nashik?

Arundhati, Kolkata

30th April 2012

Real estate News in Nashik

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Replies (9)

Absolutely agree but in terms of maximum appreciation I should recommend Govind Nagar. The locality is strategically located on the Mumbai-Agra Highway, ensuring quick access from Mumbai and other parts of the city. A significant demand is also generated from the IT professionals working in the nearby Vascon IT Park on the Wadala Road, 2.8 km away.

Krishnendu, Pune

17th July 2015

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These day Indranagar is also one of the preferred destination due to affordable capital values as compared to Govind Nagar and Gangapur Road. The locality is in demand among people working in the industries across Gangapur Road, College Road and Pathardi Phata. Indira Nagar majorly offers apartments in the price range of Rs 20-35 lakh and sizes of these vary from 700-1000 sq ft.

Vinay Sharma, Pune

16th July 2015

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Hi Govinda, Thank you very much for your guidance. can you share one more clarification that what is the average price of Gangapur Road and is this area are suitable for the residential apartment?

Kunal,

15th July 2015

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Gangapur Road is one of the preferred residential destinations of Nashik. The locality has been undergoing a standard shift with several new upcoming projects. Families and students prefer the area as it is has a number of schools and colleges in close proximity. A substantial housing demand also comes from people working in the nearby Satpur Industrial Area at a distance of 6 km. As far as Connectivity is concerned local transportation such as buses and autos also makes it the first choice among buyers.

Govinda,

15th July 2015

Hi Kunal, I think you can easily get 2BHK apartment for Rs 25-65 lakh. The sizes vary from 700-1400 sq ft. what I observed in this day the average price in the current market is around 4050 sq ft . one can also check commonfloor link for price trends. https://www.commonfloor.com/gangapur-road-nashik/lvp-l8ptat

Lokesh Patwa,

15th July 2015

Hi, I am new to this forum, but I need some help from all u guys! I just want to know what is the investment option in Nashik. what returns on investment should I expect in next 3 to 4 yrs?

Kunal,

15th July 2015

Comment

Nashik is the part of the golden triangle along with Pune and Mumbai. The city has come a long way as far as the residential development is concerned.I think that an investor who are looking to earn handsome returns in the steadily growing realty market of Nashik, then areas such as Gangapur Road, Govind Nagar and Indira Nagar is the best option.

Govinda,

15th July 2015

Hi, recently I have health discussion with few of the broker regarding investment option. They told me that Gangapur Road, Govind Nagar and Indranagar are observed significant growth in terms of social infrastructure and connectivity. Development of residential properties and availability of various housing options such as plots, apartments, penthouses, villas and builder floor apartments has gained steady growth in current real estate market.

Kaushik Bardia,

15th July 2015

Growth is different in differenr areas. While Partherdi and Adgaon are stagnent, rates in Trimbak are still prospering. We are aware that even when share market is collesping in general, some of the shares are prospering. So, to get maximun benifit, we need to keep on reshuffling the properties.

anil, Nashik

24th August 2013

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You are right Amit, I have seen the road condition. Lack of infrastructure is a threat to growing population.

devash.pandey,

2nd May 2012

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The roads are not proper and are not adequate in no. Also the quality of roads is not good.

amit, Delhi

2nd May 2012

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Hi Arundhati, the housing schemes of the Cidco of Maharashtra and the Maharashtra Housing and Area Development Authority (Mhada) also helps in the growth of the real estate in Nashik.

chaitanya.bhatnagar,

2nd May 2012

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