Real Estate Developers

Tuesday 26 August 2014

Developers Coming Up with Luxury Residential Projects in Nashik

Nashik has become a lucrative property investment destination due to its proximity to Pune and Mumbai. Investors from both the cities are exploring luxury properties offered by real estate developers in Nashik. According to industry experts, the property market of Nashik will be seeing an unprecedented growth in the coming years. In the last two years, realty rates in this location have increased by 15-30%.

Luxury living is being redefined by the growing number of residential projects at Gangapur Road in Nashik. Developers are coming up with spacious, independent and luxurious villas, houses and multi-storey apartments priced at 80 Lacs and above.

These luxury options are being targeted towards rich buyers who are looking for spacious homes that come with top class amenities like a yoga centre, rooftop jogging track, swimming pool, club house, gym, 24/7 security, parking, private gardens, terraces, intercom facility, air conditioning and rain water harvesting.

Buyers are spending big bucks on residential projects in Nashik that offer river-view. Gangapur Road runs parallel to the Godavari River. Buyers are shelling out 80 Lacs to 1.5 Crores on 3 and 4BHK flats or villas (spread in 1400-1300 square feet). Developers are also coming up with vastu compliant homes in localities around Gangapur Road.

Why Invest in Nashik Real Estate?

Nashik offers good prospects in terms of real estate. From luxurious to affordable, this city has a lot to offer to property buyers and investors. Most of the hotels, schools, restaurants, colleges, malls in Nashik are located near the Gangapur Road.  The city has several IT parks and IT companies and it is emerging as a KPO hub. Market for luxury properties in Nashik is still developing. Demand is less compared to the supply; however, this will change in the months to come.  

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