Why invest in Nashik?

1) Nashik is deemed "the third most industrialized city of Maharashtra after Mumbai and Pune", mainly due to extensive industrial development in recent times.

2) Around 3600 Acres of Land is being acquired for establishment of New Nashik also known as Cidco near NH-3.

3) In Maharashtra, “Nashik” is situated at a distance of approximate 200 km from economic capital of country Mumbai (Bombay) as well as Pune. The city has become the center of attraction because of its beautiful surroundings and cool and pleasant climate. Cities like Pune & Mumbai, “Nashik” has resulted an increasing growth in the area's of industries & trade.

4) The project of Highway four-laning has commenced so the travelling time to Mumbai and Pune from Nashik will surely cut down.

5) Recent development of Mall culture,Multiplexes Theatres,Hotels & Restaurants,Colleges,Hospitals,Universities and Showrooms etc. around area's of Nashik gives it more urbanised look as that of Mumbai & Pune.

6) Nashik, a traditional religious city has now being transformed into a industrial center of India, with Information Technology (I.T.)Park, wine park zone, educational hub, and best tourist center of India .

7) Latest factors favouring the growth of Nashik :

-The development of IT Park named as V-Tech having 7.5 lakh sqft.area land.
-The development of Mumbai-Nashik-Dhule four laning of the existing NH-3
-Wine Parks at Nashik.
-Upcoming cargo airport at Ozar, 18 Km from Nashik.
-Commencement of Mumbai Nashik flights.
-Selection of Nashik as one of the urban growth centres by the central government

8) Nashik already has a huge Companies and government institutions.Some of are as follows :
-Defence Ministries Fighter Plane (MIG) Production Unit HAL ( Hindustan Aeronautics Limited)in Ozar
-National Treasury printing press (India Security Press at Nashik Road)
-Thermal Power Plant in Eklahare
-Currency Note Press (CNP)
-Artilary Centre at Deolali
-Maharashtra Engineering Research Institute ( MERI )
-Maharashtra State Health University
-Yashwantrao Chavan Mahrashtra open university ( YCMOU )
-Maharashtra Police Academy ( MPA )

9) Nashik is also center of Textile Manufacturing, Sugar Factory, and Oil processing.

10) As nashik is the biggest provider of grapes and other fruits are supplying worldwide.

11) Due to number of Rivers around Nashik District,there is no problem of Water.

12) Families, professional, skilled workers and businessmen from all over the country as well as surrounding areas are migrating to Nashik. That in turn has given tremendous impetus to civil, residential and commercial construction. Vast areas near to the industrial and business places are rapidly growing.

13) Plots are formed and residential as well as commercial construction and sale is followed. More and more people, brands, and businesses are being part of this mini metro. Naturally investment in a plot, residential property, apartment or for that matter a commercial shop or a showroom is turning out to be a promising opportunity at Nashik.

14) From all above one can say Nashik has an inevitable importance in every aspects like Industrial, Mythological, Historical and Educational.

All these factors directly on indirectly affects on the real estates market of nashik. Because whether it is industries, hotels, farming or residents everything comes under real estate market first. So investing in Nashik Real Estates is the best investment as Nashik is booming up now as an extension for Mumbai after Pune.

As Nashik offers all the benefits, property investors can surely consider making an investement in and around city. This being verge of property demand can be the perfect timing for property investement in Nashik.

For genuine property investors who take long-term view, Nashik offers probably the widest range of options, from residential flats to row houses, plots & commercial projects which makes it as an ideal investment destination. It has competent rental property tax structure and minimal in whole Maharashtra, with twice the self assessment property tax amount for residential premises and thrice for commercial premises. The construction majors in Nashik are eyeing with major residential & commercial schemes so clearly real estate rates will be on rise sooner or latter.

So with this trend of growth in real estate scenario is certainly an excellent investment proposition in Nashik.