Would you like to know about the recent trends of property buying and investment in Nashik? The following is an extract of the booming real estate trends in the city.
The on-going property trends in the Wine Capital of India - ‘Nashik’, are interesting for both, the buyers and the investors. These trends differ as per the areas in the city. Below are certain key aspects related to the latest trends in Nashik’s real estate sector!
The areas in Nashik like Gangapur Road, Indira Nagar and Panchawati are the hotspots for home buying and real estate investment. The property rates in these areas vary as per the location of residential projects by the builders in the city. The average rates at Gangapur Road are Rs.4450 per sq. ft. Although it can be a good location to purchase a property right now, keeping aside the investment perspective, it will be too early to analyse the investment opportunity in this location as the price range of properties is already more than that of the properties in the nearby localities, thus limiting the appreciation of property value in the coming years.
At Indira Nagar, the average rates are Rs. 3430 per sq. ft. The area is located inside the city and hence, buyers and investors often prefer buying a property or investing in real estate in this area. It has got promising prospects of investment in the near future.
At Panchawati the average rates are Rs. 3240 per sq. ft. The area is descent and surrounded by clean and green natural beauty. Besides, the refreshing cool breeze and mesmerizing, scenic landscapes in this location are often added advantages over properties in other locations. These are the main reasons as to why this area has been on the preferential list of the buyers and investors in the city.
These were the latest Property Rates in Nashik and, presently, the residential properties are being developed and sold in parlance with these rates. Quality services are provided for the residents in these areas of the city. People have enjoyed nice living experiences and also feel the convenience and refreshing ambience of living over here. Also, there are many upcoming Budget Flats in Nashik in most of the areas. These flats are useful to meet the affordability requirements of the buyers and investors. At the time of buying flats, people do consider affordability as one of the important factors, as they come from varied financial backgrounds. By and large, residential properties have been developed in these areas to meet the needs, demands and requirements from all the financial classes and background.
So, before investing or finalizing your decision, think on the lines of having a substantial investment in Nashik which has turned out to be a fabulous investment juncture.
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