If you glance through Nashik’s real estate market, you will surely get attracted towards such a worthy market. The opportunities which it offers to the people for home buying and investments are exciting and amazing. In this blog we will run you through some important aspects of the city’s real estate market.
Nashik, which is the wine capital of India, has got excellent infrastructure and lifestyle amenities. The future prospects of investing in the city’s real estate market are promising. If compared to the cities like Pune and Mumbai, Nashik has got qualitative residential properties and affordable property rates. Unlike Nashik, Pune and Mumbai are buzzing with a lot of residential units priced at a much higher rate than that of current trends in Nashik. This has made the builders and promoters to develop their projects on the outskirt areas of these cities. For instance, places in Pune like Pimpri and Chinchwad are now having ample projects by builders and developers, to meet the ever-increasing demand around Pune. Due to this reason, many people from Pune and Mumbai are looking forward to Nashik as a potential investment destination. As Nashik Real estate Prices are reasonable, people get lured towards various properties and houses for sale in Nashik.
The city has been transformed from just being a pilgrimage destination to all the fronts including industrial and real estate. Once upon a time, it was just a weekend getaway spot. Now-a-days, the scenario has changed, wherein the city has witnessed industrial progress and growth. The areas of the city like Ambad, Satpur, Sinnar and Gangapur have now become industrial hotspots. All sorts of industries, public and private limited companies have been established in these areas. Commercial lease rates are also reasonable in this city.
Above all, it is Nashik’s pleasant climate, which is conducive for home buyers, along with the growth and development of residential properties across the city. Hence, people consider the decision of investing in the city as a safe and an assured decision. Apart from this, the city is in the take-off stage of development, which is yet another advantage of investing in the city. Recently, Union Budget 2016 and Railway Budget 2016 have been rolled out in the month of February. This wine capital of India has received several good news from the railway budget. A 265 km long track is going to be laid down between Pune and Nashik, via Begdewadi and Chakan. Several tax exemptions have been declared through this year’s Union Budget for the home buyers who would be buying property worth of 50 Lakhs.
Undoubtedly, Nashik’s real estate market is booming and mushrooming!
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