Overview of Jai Bhavani Road Area, Nashik

Location and Accessibility

• Jai Bhavani Road lies in the Nashik Road locality of Nashik, a prime area noted for its convenience and accessibility. This neighborhood features close proximity to key amenities including schools, colleges, government offices, banks, and markets.

Property Prices

• Jai Bhavani Nagar, part of the Nashik Road, sees property prices start around Rs. 3,428 per sqft, averaging at Rs. 3,635 per sqft.
• For specific properties on Jai Bhavani Road, expect prices from Rs. 32 lakhs for a 2 BHK apartment up to Rs. 1 crore for more premium and spacious villas.

Types of Available Properties

• Residential Properties:
  • Apartments: Units range from 2 BHK to larger spaces available in furnished or semi-furnished well-kept societies.
  • Independent Houses: Spacious multi-bedroom homes are also found within the region.
  • Builder Floors: Semi-furnished builder floors blend comfort and convenience.
• Commercial Properties:
  • Rent or buy office spaces, shops, and other commercial properties meeting diverse business demands.

Rental Options

• Rental options comprise 1 BHK, 2 BHK, and 3 BHK flats, starting from approximately Rs. 5,500 per month for smaller units to ₹27,000 per month for sizable, high-end rentals.

Amenities and Facilities

• Typically, properties offer amenities like lift facilities, round-the-clock security, kids' gardens, allocated parking spaces, and ample ventilation.
• The area benefits from strong public transport links, and significant infrastructure like railway stations and vegetable markets are nearby.

Investment and Market Trends

• Jai Bhavani Nagar's property market experienced a 9.07% year-over-year (YoY) growth, affirming it as a beneficial area for buying and selling.

PropertyWala's Insight

Jai Bhavani Road area in Nashik showcases a strong potential for investors and tenants alike. Its prime location, diverse property mix, and solid market growth make it a desirable choice for both real estate investment and residential purposes. The area’s proximity to essential amenities, good connectivity, and variety of property types cater to various budgets and preferences. It's a viable option for real estate and residential needs in Nashik.