Overview of Pathardi Phata, Nashik

Location and Connectivity

• Pathardi Phata is in Nashik, Maharashtra, linked by major roads like Pathardi Deolali Link Road, Pathardi Phata Road, and Murlidhar Nagar Road.
• The locality is near employment hubs including Ambad MIDC (4 km), Nashik Industrial Co-operative Estate (7 km), and Satpur MIDC (9 km).
• Upcoming projects, such as the Nasik Metro Line 1 and the Nashik Ring Road, will boost connectivity.
• The Nashik Road Railway Station, 9 km away, will become a multi-modal transport hub, providing extensive connectivity.

Property Prices and Trends

• The average cost for properties in Pathardi Phata is around ₹4,082 per square foot, ranging from ₹2,739 to ₹5,052 per square foot.
• Flats specifically range from ₹3,650 to ₹5,250 per square foot.
• Land rates are roughly ₹2,250 per square foot.

Types of Properties

• Residents primarily have access to residential apartments and independent houses, particularly 2 BHK apartments.
• Properties include apartments, builder floors, and plots. There are over 60 apartments, 4 builder floors, and numerous plots.

Amenities and Lifestyle

• Pathardi Phata is noted for its mid-income residential areas, balancing the cost and amenities.
• Projects like Maitreya Greens in Pathardi Gaon provide luxurious and eco-friendly amenities including swimming pools, gyms, meditation and yoga areas, and lush gardens.
• It is near educational institutions like GD Sawant College and recreational spots such as Pandav Leni Caves and the Igatpuri hill station.

Appreciation and Rental Yield

• Property prices in Pathardi Phata have appreciated significantly with a 5.3% hike last year, 29% in the last three years, and 25% in the last five years.
• The average rental yield is about 6%, making it a good investment.

Neighboring Localities

• Pathardi Phata compares favorably with other areas in Nashik like Gangapur and Panchavati, offering competitive pricing and growth prospects.

PropertyWala's Conclusion

Pathardi Phata, Nashik, showcases a good real estate opportunity for both buyers and renters. With a mix of affordability, amenities, and strong potential growth, it's an appealing locale for investors. The forthcoming infrastructure developments and existing connectivity enhance its appeal. From middle-income residential setups to premium eco-friendly projects like Maitreya Greens, Pathardi Phata offers diverse options to meet different needs and budgets.