The Transformation of Nashik’s Real Estate Industry

The transformation of Nashik of becoming a realty market destination is remarkable. Once upon a time, it was a pilgrimage destination. Along with the changing times, real estate market of the city has transfigured.

Real estate market in Nashik has got the advantage of quality construction and a property price tag which is reasonable. The concept of townships is gaining ground in the city. In many parts of this city like Indiranagar Annexe, Panchavati and Dwarka, several townships have been built by the reputed builders and promoters. Similar to Pune, it has witnessed premium offerings from the well-known property developers like Parksyde, Samraat Group, Shree Prakash Developers, ArchitBuildcon, Thakker Developers and Mittal Builders and Developers. Parksyde has emerged in Nashik effectively due to the successful launch of the projects like Parksyde Homes (Panchavati Annex, Nashik) and Parksyde Residencies (Indiranagar Annexe, Nashik). Parksyde Residencies is an innovatively planned residential project that reflects the residential modernity of changing and evolving Nashik. This project welcomes you to a living environment with ultra-spacious homes, built to suit your sophisticated requirements related to a higher standard of living. It offers voluminous 2 BHK and 3 BHK (Comfort) Luxurious flats in Nashik.

The average residential rates of the flats for sale in Nashik in most of the areas are within Rs. 4000-5000 per square feet. There are certain high profile areas in the city like Gangapur, Igatpuri, Satpur and Ambad where the rates have gone up to Rs. 8000 per square feet. The rates won’t fluctuate frequently. Rather, they are expected to stabilize over a period of time. Majority of the areas in the city bear affordable price rates. Cost-effective residential projects are also coming up in the city. Budget apartments in Nashik are gaining a lot of demand amongst the property buyers. If compared with the cities like Pune and Mumbai, Nashik has got more affordable housing options. The amount of residential growth pockets in Nashik are more than Pune and Mumbai. This is because in Pune and Mumbai the spaces are buzzing with residential and commercial properties and that too at higher rates.

Also know about Maharashtra Housing Day and Tata Lavida

The encouraging fundamentals in Nashik like High end infrastructure, excellent connection with the regional growth centres, adequate water supply, Air connectivity with the metropolitan cities like Mumbai, Pune, Delhi, Bengaluru and Kolkata, well-developed industrial areas and availability of skilled labour have fostered the development of the city’s real estate sector. The developed economy of the city has also facilitated its realty market on a large scale.

So, build a dream home of your desired choice in the potentially emerging and bustling smart city known as ‘Nashik!’

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