Overview of Nashik Pune Highway Road Area in Nashik

The Nashik Pune Highway Road area in Nashik is experiencing rapid development, blending residential, commercial, and industrial sectors. Let's dive into the real estate scene here.

Location and Connectivity

• The Nashik Pune Highway acts as a vital route connecting Nashik and Pune, ensuring superb road connectivity.
• It’s a well-strategically placed locality, giving easy access to different parts of Nashik and neighboring cities.
• Closeness to major highways amplifies its value for both individuals and enterprises.

Property Types and Prices

• Residential Plots and Land: Come in diverse sizes, with costs ranging based on location and amenities. For instance, prime plots alongside the Nashik Pune Highway vary from modest to lavish, starting around ₹15 Lac and sometimes exceeding ₹1.09 Cr for larger plots and developed land.
• Flats and Apartments: Available from 1 BHK to 4 BHK, costing between ₹15 Lac and ₹1.09 Cr, based on size and features. The average price is about ₹4,267 per square foot.
• Independent Houses: Offered in various styles including 1 BHK, 2 BHK, 3 BHK, and bigger units. They start from around ₹22 Lac and reach up to ₹1.15 Cr for larger and more luxurious homes.

Property Rates and Trends

• Initial property prices in the Nashik Road area are roughly ₹285 per square foot.
• Average price is around ₹4,267 per square foot, with the most costly properties reaching up to ₹6,686 per square foot.
• There’s been a steady rise in property rates, by 1.56% over the past year, pointing to a strong trend for investors.

Amenities and Infrastructure

• This area boasts a range of amenities: from schools to hospitals, shopping centers, and recreational areas.
• Strong public transport links and proximity to industrial areas make it popular for working professionals and families.
• Modern amenities including roads, utilities, and community services provide a comfortable living environment.

Investor and Buyer Insights

• Nashik Pune Highway area is considered profitable for buying and selling properties due to its rising demand and increasing property values.
• It’s perfect for end-users and investors wanting long-term appreciation.

PropertyWala's Conclusion

The Nashik Pune Highway Road area features great potential for property buyers and renters. With excellent connectivity, a broad property mix, and rising property values, it’s appealing for residential needs and investments alike. The well-developed infrastructure and amenities make it a sought-after locale. Whether you are seeking a first home, a family abode, or investment returns, the Nashik Pune Highway Road area is definitely worth exploring.