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An Overview of the Nashik Real Estate Market

Nestled in the foothills of the Western Ghats and on the banks of the Godavari River, Nashik is an ancient city located in the northwestern part of Maharashtra. Nashik has been attracting lakhs and thousands of tourists from different parts of the country for spiritual as well as employment needs. The city has also managed to gain attention for being one of the cleanest and greenest cities to live in India. People from different parts of the country migrate to this city for its clean, pure and tranquil environment. People flock this city as it has a number of temples that are capable of serving the devoutness of the tourists. Whether it is for the vineyards and wineries or the temples and bathing ghats, Nashik does attract a lot of people.


Infrastructure & Connectivity
Apart from housing many wineries and being the “Wine Capital of India”, Nashik has seen an amazing development in terms of its infrastructure and connectivity. The waste management system of Nashik has commendably made it a garbage-free city and there is a law mandating rainwater harvesting system installation for all the newly built structures. The five major industrial zones, Ambad, Satpur, Gonde, Igatpuri and Sinnar, are known to enhance the industrial infrastructure of the city. Nashik is also connected to almost all the major cities of India via the railway network. The NH-3, connecting Agra to Mumbai, passes through Nashik and connects it to these cities via road.


The population of Nashik, according to the 2011 Census report of India, was estimated at 14,86,973 out of which 7,84,995 were males and 7,01,978 were females. The average literacy rate of Nashik is quite high when compared to the average literacy rate of the country. The literacy rate is 90.96% with 94.96% literacy rate in males and 86.51% literacy rate females. The sex ratio of the city is 894 females for every 1000 males and the child sex ratio is 865 girl children over every 1000 boys.


Life Style
While a majority of the Nashik population is inclined towards spirituality and devotion and loves spending their time in the amazing temples that the city is blessed with, there are still many other entertainment options to suit the lifestyle of all the types of people. The people of the city love eating the famous vada pav that can be bought from any street joint. The Marathi Theatre, Sita Gumpha Park, and Pinnacle Mall are among other entertainment options in the city.


Key localities in Nashik
As people started moving to Nashik for the amazing employment opportunities it opened up in the industrial sector, the city started having some amazing real estate options to inhabit all of them. Nashik real estate has seen a rapid growth and as a result, many world-class localities have been formed. Here is a list of the key localities in Nashik: Indira Nagar, Kalpataru Nagar, Jay Bhawani Road, College Road, CIDCO area, Tribakeshwar, Gangapur Road, Savarkar Nagar, Pandit colony, Mahatma Nagar, etc.


Real Estate Market
Real estate in Nashik
has undoubtedly seen an amazing development which would not have been possible without the aid of the builders. They have been instrumental in the development by coming up with new world-class projects for both residential as well as commercial purposes. Various ad boards and hoardings with signs like “Property for Sale in Nashik” or “Nashik Properties for Sale” can be seen in many parts of the city all year round. Here’s a list of the top builders of Nashik: Reputed Builder, Thakkers Developers, Paranjape Schemes, Roongta Group, DSK, Vascon, XRBIA, Karda Constructions, Peninsula Land, Subhadra Estates and more.


Projects in Nashik
There are many new and upcoming projects that would offer more residential and commercial options to the people of the city. You can find a number of 1, 2 and 3 BHK flats and apartments for those looking for affordable property in Nashik. There are also many world-class villas and duplexes for those looking for luxurious residential options.


Govt Projects in Nashik  
The Nashik Municipal Corporation or NMC and Nashik Metropolitan Region Development Authority or NMRDA come up with various housing schemes and offers to fulfill the property needs of people in a budget-friendly manner. Even the Maharashtra Government has invested in Nashik real estate and offered to develop the film city at Nashik. Hi! Searching for Property? Let's Chat