Nashik Housing Sales Fall 10% to 11,188 Units as Homes Above ₹1 Crore Gain Share

Housing sales in Nashik fell 10% to 11,188 units from 12,492 units in the previous period. Meanwhile, sales of homes priced above ₹1 crore grew 9%, according to a market report on tier-II cities.

The report said homes priced above ₹1 crore now account for 28% of Nashik's sales, up from 23% in 2024.

What is driving the shift

The report linked the fall in sales to rising land and construction costs in tier-II cities, which are pushing new launches into higher price brackets.

Industry experts cited in the report said the supply of affordable homes priced below ₹1 crore is shrinking. They said demand for premium homes is strengthening on the back of better infrastructure, improved connectivity and growing job opportunities.

Who is affected

Buyers with budgets below ₹1 crore have fewer new homes to choose from as launches move up the price scale. The premium segment, meanwhile, is growing.

According to the report's reading of the trend, developers are launching more premium homes. Sellers of resale flats in the mid-market have a larger pool of buyers who can no longer find new homes at lower prices.

Asking prices in Nashik

Asking prices on PropertyWala put apartments for sale in Nashik at about ₹5,868 per sq ft (2025 Q4 to 2026 Q3).¹ Independent houses were listed at about ₹5,506 per sq ft (2025 Q1 to 2026 Q1), down 3.3% on the year before.

Apartments make up 83% of listed homes in the city, while independent houses account for 12%. Residential land, shops and offices make up the rest.

Apartments for rent were listed at about ₹12 per sq ft (2024 Q3 to 2026 Q2), up 6.7% on the year before.

The city has projects at every stage, from ready-to-move to new launch. The Nashik page lists them alongside locality data.

Infrastructure in the background

The Times of India reported in September 2026 that the Maharashtra State Infrastructure Development Corporation (MSIDC) had begun work on seven stretches of Nashik's 66.15-km outer ring road. The ₹7,922 crore project is targeted for completion before the 2027 Simhastha Kumbh Mela. Read the report².

The Free Press Journal reported in December 2025 that Kumbh Mela commissioner Shekhar Singh expected Nashik real estate to see major growth after the 2027 Simhastha Kumbh. Read the report³.

What to watch next

The next reports on Nashik sales will show whether the premium share rises beyond 28% and whether launches below ₹1 crore return. Completion of the ring road and the Kumbh-linked roadworks, targeted by authorities for 2027, will also be a marker. Current listings and projects are available on the Nashik page on PropertyWala.