How can you be wise enough to invest in Nashik!

Interested to know about the place, which is worth considering for the people looking for real estate property within an affordable price range? The answer to your question is the wine capital of India ‘Nashik.’

Nashik is an emerging real estate destination in the state of Maharashtra after Mumbai and Pune. It has become a satellite city of Mumbai on the real estate front. The residential and commercial property rates in Nashik are reasonable if compared to those of Mumbai and Pune. Nashik is a descent locality, which is all set to cope up with the population growth by 2030. The city’s real estate is estimated to provide handsome amount of Returns on Investment in the near future. You can buy property in Nashik and flats in Nashik at affordable rates.

The wine capital of India is witnessing rapid growth and development of IT Parks and Manufacturing Industries. Such a productive development has had a profound impact on the city’s real estate sector. 

Nashik’s real estate market was growing at a leisurely pace till the year 2006. Thereafter, growth appreciated and started showing significant value appreciation on property investment. In terms of investment, the city has become a realistic investment destination. Its property market offers minimal entry costs and higher appreciation rates. The city has thus, become a viable destination, thanks to the reasonable real estate costs and an ample availability of land for the purpose of property construction. The areas like Dwarka, Panchawati annex, indiranagar annex, College Road and Gangapur Road that are the prime areas in Nashik have drawn attention of many real estate investors in the city.

The investor-friendly 'House Tax Policy' in Nashik enables investors to invest in real estate industry/market of the city. Experts have projected a higher rate of growth in the real estate market in Nashik in the coming years. Investment in the city would prove very lucrative in the coming years. The real estate boom can also be seen moving to surrounding areas of the city.

So, pull up your socks and take a stride forward in investing in the wine capital of India!