Rushikesh Nandlal Plaza

By: Rishikesh Builders & Developers in Jail Road

Rushikesh Nandlal Plaza is strategically crafted by the renowned builder Rishikesh Builders & Developers. It is a superb Residential development in Jail Road, a high-class locality in Nashik having all the facilities and basic needs within easy reach. It constitutes modern Apartments with all the high-end, contemporary interior fittings. Set within pleasing and outstanding views of the countryside, this grand property at Sy No 124/3/3/30, Jail Road, Nashik, Maharashtra, INDIA. has comfortable and spacious rooms. It is spread over an area of 0.26 acres with 24 units. The Rushikesh Nandlal Plaza is presently completed.

Rushikesh Nandlal Plaza Offering Amenities :- 24Hrs Water Supply, 24Hrs Backup Electricity, CCTV Cameras, Compound, Fire Alarm, Fire Safety, Gated Community, Intercom, Landscaped Garden, Lift, Rain Water Harvesting, Security Personnel, Vastu / Feng Shui compliant, Waste Management and Sewage Treatment Plant.

Location Advantages: Rushikesh Nandlal Plaza located with close proximity to schools, colleges, hospitals, shopping malls, grocery stores, restaurants, recreational centres etc. The complete address of Rushikesh Nandlal Plaza is Sy No 124/3/3/30, Jail Road, Nashik, Maharashtra, INDIA..

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.