Overview of Makhmalabad, Nashik

Location and Accessibility

Makhmalabad in Nashik is a conveniently located area with access to key landmarks and amenities. It is easily accessed through major roads like Makhmalabad Road and Peth Road and is near places like Mali Mangal and Meghraj Bakery.

Property Types and Prices

• Residential Properties:

  • Apartments: Prices generally range from ₹26 Lac to ₹38.13 Lac. The average costs per sq.ft. are around ₹3,478 to ₹3,682. We have 1 BHK, 2 BHK, and 3 BHK units available.
  • Independent Houses: These are sold around ₹45 Lac with an average price per sq.ft. of ₹4,500.
  • Villas: The pricing for villas is around ₹42 Lac, averaging at ₹3,360 per sq.ft.

• Plots:

  • Prices range from ₹12.6 Lac to ₹65 Lac based on the plot area and location. Available in sizes like 612 sq.yds and 2583 sq.yds, allowing for multi-floor buildings.

Average Property Rates

For Makhmalabad properties, average price per sq.ft. is ₹3,674. Costs start at ₹2,933 per sq.ft. and go up to ₹4,833 per sq.ft..

Amenities and Infrastructure

• Road Connectivity: The properties lie on significant streets such as 9m and 18m roads, offering good navigation.
• Landmarks: We are close to notable places like Meghraj Bakery, Chamerleni, and Mali Mangal.
• Educational and Recreational Facilities: General educational institutions and recreational spots around Nashik are likely to be accessible from Makhmalabad.

Rental Options

People looking to rent can choose from:

• A 2 BHK Independent Builder Floor: Rent begins at ₹8,000 for 900 sq.ft.
• A 3 Bedroom House: Starts at ₹11,000 for 1,500 sq.ft.

Market Trends

This area has experienced a 5.3% drop in property values over the past year. Yet, present trends suggest that buying and selling here is still profitable. The market remains steady, with demand and potential growth.

PropertyWala's Conclusion

Makhmalabad, Nashik, offers affordability along with good connectivity and facilities. It presents plenty of options from apartments and houses to plots that meet various budgets and needs. Its strategic site and access to amenities enhance its appeal. Though prices have declined, this area offers a stable investment because of ongoing demand and potential.