Real Estate Scenario in Nashik

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A religious hub of Maharashtra, Nashik has come up as a leading centre of attraction. Owing to the extensive industrial developmental projects, Nashik has now become the third most industrialized city of Maharashtra, after Mumbai and Pune. It is situated in the Northwest of Maharashtra, almost equidistant to Mumbai and Pune. Located in the Western Ghats, Nashik is often referred as the ‘wine capital of India’ because of it massive production here. River Godavari flows through this part of the country, which is locally called as River Ganga. The beautiful surroundings and an all year pleasant climate have made Nashik a favored choice of investors.

This religious hub is in close proximity to some of the most sacred Hindu place. Shiridi, Triyambakeshwar and Shani Shignapur have amplified to the holiness of this city. Over the years Nashik has experienced massive developments in the Real Estate Sector. Numerous industrial and commercial set ups have provided the city a modern look. Setting up of world class Shopping Malls, Multiplexes, Hotels, Restaurants, Hospitals, Educational Institutions etc. have indeed endowed this city an urbanized look like that of Mumbai and Pune. The transformation of Nashik into an IT Park and a Wine Park Zone has certainly contributed towards the growth.

Nashik is well connected by to the ultra urbanized locations of Mumbai and Pune by road and rail. Upcoming highway projects surrounding Nashik are ought to raise the property benchmarks to the next best level. With such paced developments, many families and industries have started migrating to this beautiful city which promises a multitude of opportunities. Various reputed companies like Glaxo Smithkline, L&T, Kirloskar, Crompton Greaves, CEAT, Mahindra and Mahindra, Schneider Electric etc. have willingly invested in Nashik. In addition to the industrial prospects, Nashik is in close proximity to an SEZ in Sinnar.


 

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