Nasik has a great potential in the realty market as compared
to the other big cities due to this it is attracting a large numbers of
investors. The property investors across the country are searching for
lucrative investment destination which could offer a better deal than the big
metropolitan cities. The investment opportunities in developed cities like
Mumbai and Pune are less in comparison from the upcoming property market like
Nasik. Being very close to both Pune and Mumba the developers are setting their
eyes on this city for investment. Because of its proximity to both Mumbai and
Pune the property rates are very attractive as compared in result of this
Nasik’s realty market is all set for growth in coming years. Currently, Nasik realty market is growing
remarkably and has performed reasonably well unlike another realty market
across country. Besides the boost in supply, the property prices have gone up
by 15-30% in past two years. Due to Nasik Property low entry cost and attractive appreciation cost the place has
grown as a realistic alternative destination for the buyers after Mumbai and
Pune. The one of the other main factor of realty growth in Nasik is because of
IT/ITes sector in Nasik.
The property market of Pune has become saturated due to high
density of residential units in the city as a result of these developers is
looking for land outside the city. On the other hand, Nasik is emerging as an
industrial hub in India is attracting large numbers of people across the city.
Moreover, the city has better infrastructure facility and has well-established
connectivity. The city is marked as the fastest developing cities in the nation
and has a huge potential of property development. Due to the expansion of
Industrial and commercial base several MNC’s are entering the market. The
property experts believe that the property rate will double in the next five
years due to huge infrastructure investment done in the city. The city offers
all requirements and investor looks for in real estate, hence Nasik gives a
great return on investment.
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