Investors always look out for pocket-friendly and good returns on their investments. Generally smaller cities offer good ROI as compared to metropolitan cities. Nashik is one such location it is well connected to Pune and Mumbai. There are many educational; institutions and industries in Nashik. These advancements have led to prosperity in the real estate sector. The favourable and pristine climate of Nashik works in its favour. There is an immense scope of growth and development in Nashik leading to an increase in the number of new projects in Nashik.
The clean and green environment of Nashik offers good quality of life to the dwellers and makes it one of the emerging real estate destination. Many real estate experts have believed that in the next few years Nashik will see considerable development in term of infrastructure and real estate thus, making it an ideal investment option. The current price per square foot is between Rs. 2700 to Rs. 3800. There is a great possibility of sizeable appreciation in property rates in just a few years. Being the third largest district in Maharashtra, Nashik covers around 15,530 sq km. There are malls, multiplexes, hotels, restaurants, everything in Nashik. It offers a good standard of living to its dwellers. The investment in Nashik will prove to be very lucrative for real estate investors.
The growing industrialization along with expansions in the IT sector has ensured that the growth of Nashik is continually accelerating. It is considered to be the fourth largest growing city in India. It has attracted a lot of property seeks and therefore need for new real estate projects in Nashik is increasing at an enormous rate. The demand for housing in Nashik has increased to a considerable extent.
Nashik is one of the best cities in the country to invest in. It offers a sizeable return of around 15-20 %. The economic development has given a boost to the demand for real estate projects in Nashik. Nowadays, even the companies are investing and exploring tier-2 cities such as Nashik as it offers good potential growth and overhead expenses are also less. This growth has generated a real estate demand in the market. Buying property in Nashik can help you to get the best returns on your investments in just a few years. However, it is very important to consider all the important factors before investing in a project. Nashik is also one of 10 smart cities in the country selected for the smart development project of the government. The multiple demands have led to the emersion of a strong housing market with good returns.
The investment opportunities available in Nashik are promising as there are lots of commercial as well as residential projects available in the city. The tax policy in Nashik is also investor friendly. It is growing at a fast pace, it is one of the biggest emerging industrial hubs. The good rail and road connectivity makes it one of the best destinations for real estate property investment. Nashik, thus, offers all the advantages that attract a property investor.