Nashik’s apartment sales jump 22% to 8,583 units in 2024, defying a 30% supply drop. Reduced unsold inventory reflects strong buyer demand in this growing market.
Nashik Municipal Corporation triples development charges to Rs 350 per sq m starting April 2025, marking the first hike in 15 years, aiming to fund infrastructure projects and Kumbh Mela 2026-27 while developers anticipate rising housing costs.
Maharashtra's MIDC acquires 611 hectares across three sites to boost industrial growth, attract large manufacturers, and strengthen MSME networks in Nashik district.
Nashik Road's strategic connectivity and affordable 2 BHK properties (₹4,300/sq.ft) drive its emergence as a top 2025 investment hub for real estate enthusiasts.
Nashik’s emerging residential areas Panchavati, Pathardi Phata, and Gangapur Road offer affordability, scenic beauty, and urban amenities, attracting professionals and families. Government schemes and infrastructure boost make them prime investment spots.
Nashik's real estate market experiences steady growth in 2025, with Gangapur, Panchavati, and Nashik Road leading price appreciation. Infrastructure development, IT sector expansion, and government policies drive demand, while ready reckoner rate hikes foreshadow future price increases.
Nashik's strategic positioning between Mumbai and Pune, combined with upgraded infrastructure and air connectivity, accelerates residential and commercial real estate growth, attracting investors and homebuyers seeking affordability and accessibility in 2025.
Credai Maharashtra praises state's decision to reserve 20% of flats for the weaker section in developments on one acre of land. The policy aims to reduce slums and provide affordable housing.
The state government will implement its affordable housing policy on April 15, requiring builders to reserve 20% of land for small-sized housing, despite some reservations.
Yatra Capital to invest ₹115 cr in Indian real estate in FY10, focusing on affordable residential projects in tier I and II cities.
Mumbai is the most preferred real estate investment destination, followed by Chennai, according to a recent survey. Patna, Nasik, Tiruchirapalli, and Madurai are also emerging as attractive options.
Public sector banks cut home loan interest rates, benefiting buyers in Mumbai's outskirts and other cities. The move aims to support the housing market, but some experts believe a greater impact would require higher loan limits and increased consumer confidence.
Phoenix Mills is poised to finalize the acquisition of three plots for mall developments in Ahmedabad, Hyderabad, and Nashik for approximately eight billion rupees.