Niwas Riverview

By: Nirman Group in Gangapur Road

Discover the perfect blend of luxury and comfort at Niwas Riverview, where each Villas is designed to provide an exceptional living experience. nestled in the serene and vibrant locality of Gangapur Road, Nashik.

Project Overview – Niwas Riverview premier villa developed featuring 16 luxurious villas designed for modern living, Built by a reputable builder. Launching on Oct-2004 and set for completion by Jan-2007, this project offers a unique opportunity to experience upscale living in a serene environment. Each Villas is thoughtfully crafted with premium materials and state-of-the-art amenities, catering to discerning homeowners who value both style and functionality. Discover your dream home in this idyllic community, where every detail is tailored to enhance your lifestyle.

Prime Location with Top Connectivity Niwas Riverview offers 3 BHK Villas at a flat cost, strategically located near Gangapur Road, Nashik. This premium Villas project is situated in a rapidly developing area close to major landmarks.

Key Features: Niwas Riverview prioritize comfort and luxury, offering a range of exceptional features and amenities designed to enhance your living experience. Each villa is thoughtfully crafted with modern architecture and high-quality finishes, providing spacious interiors filled with natural light.

• Location: Gangapur Road, Savarkar Nagar, Nashik, Maharashtra, INDIA..

• Property Type: 3 BHK Villas.

• This property offers a serene setting with ample outdoor space.

• Total Units: 16.

• Status: completed.

• Possession: Jan-2007.

Among all the ancillary localities in Nashik that have developed from its strategic location, the suburb of Gangapur Road has witnessed the fastest expansion. Running parallel to the river Godavari, this locale enjoys pleasant weather, landscaped roads, and undisturbed greenery, gaining a name amongst developers and home-seekers.

Gangapur Road’s excellent civic and social infrastructure, its close proximity to the Satpur Industrial Area and most of the schools and colleges of the city, has led to high demand for student, families and industrial employees. To cater to this growing demand, a multitude of builders has developed various residential projects.

Most residences here are gated communities with gymnasiums, swimming pools and departmental stores. These residential complexes cater to the higher income groups. Budget apartments are available as well, for young IT professionals.

Connectivity and Transit Points

Gangapur Road’s rapid development has led to greater connectivity and transit systems. The Gangapur Railway Station is located on this road, and is the transit stop for many interstate and intrastate trains, taking travelers to important cities like Mumbai, Chennai and Coimbatore.

Gangapur New Bus Stand is the bus stop in this vicinity, and local MSRTC (Maharashtra State Road Transport Corporation) buses ply from here periodically, taking commuters to different parts of the city.

The road in itself provides excellent connectivity to the Nashik-Pune Highway and the Nashik-Mumbai Highway, allowing for smooth and hassle-free journeys via roads.

Major Landmarks

Godavari River

Satpur Industrial Area

Hanuman Mandir

Ayyappa Temple

Don Bosco Church

Factors for Growth in the Past

The mushrooming of several IT companies close to this locality, along with its close proximity to the ethereal and serene river Godavari and the enterprising Satpur Industrial Area, has led to several residential developments in the locality. The establishment of a host of residential projects, along with excellent social and civic infrastructure, has led to an influx of consumers over the past few years, causing this locality to become one of the city’s most sought-after residential hubs.

Residential & Commercial Market

The current residential sales trends in multi-storey apartments in this locality range between Rs 4,300 to 4,650 per sq. ft. Residential plots cost anywhere between Rs 17,000 to 24,550 per sq. yd. Monthly rental rates for a typical 2 BHK range from Rs 8,500 to Rs 11,500.

The rental prices of commercial space in this locality largely depend on the size of the space, location and the facilities attached to the property, and can range from Rs 15,000 to Rs 3 Lakh per month.

Major Challenges

The perennial roads and by-lanes of this locality are poorly constructed, with potholes and uneven surfaces. Improper garbage disposal, poor lighting, choked drains, and fluctuations in electricity and water supply plague the residents of this locality. Occasional chain-snatching and petty thefts have been reported.

Factors for Growth in the Future

Civic authorities are planning on widening Gangapur Road, so as to smoothen traffic flow of the commuters. A number of residential projects, both affordable, mid and high-end, are slated for completion by early 2015, thus opening this locality up to demanding home-seekers.

The Archit Group has started working on a premium residential complex called ‘The Zodiac’, offering 2, 3 and 4 BHK units ranging from Rs 45 Lakh to Rs 1.3 Crore. Other elite multi-storey apartments are being developed by major builders such as Suyojit Infrastructure Ltd., Peninsula Land Ltd., and Samraat Group of Companies. The Lakshmi Township will provide housing units at more affordable prices, catering to the affordable and middle income groups.

Further improvements in existing infrastructure are guaranteed to aid the steady growth that this locality is already witnessing.