About

Nashik, located in the northern region of Maharashtra, holds an intriguing mythological significance from the epic Ramayana. Legend has it that this is where Luxman cut the nose of Ravan's sister Surpanaskha, giving rise to the city's name.

Situated on the banks of the Godavari River, Nashik covers an area of approximately 259.13 square km and stands at an elevation of over 584 meters above sea level. As one of Maharashtra's largest cities, Nashik has experienced a steady increase in population, currently exceeding 2 million.

Renowned as the 'Wine Capital of India', Nashik boasts a flourishing grape cultivation industry, housing more than half of the country's vineyards and wineries. In addition to its rich mythological heritage, the city is famed for hosting the Kumbh Mela, a grand religious gathering held every 12 years.

Nashik is also a burgeoning economic hub in Maharashtra, hosting major companies such as Atlas Copco, Robert Bosch GmbH, Everest Industries, Gabriel India, Hindustan Unilever Limited, Jindal Polyester, Mahindra and Mahindra, among others.

Why buy flats/apartments in Nashik?

Nashik, recognised as one of Maharashtra's smart cities, is undergoing consistent infrastructure growth. With major companies like Gabriel India, Hindustan Unilever Limited, Jindal Polyester, and Mahindra and Mahindra, the city is witnessing a rise in employment opportunities.

Nashik also boasts a range of esteemed educational and healthcare institutions. It houses prominent centres like K.K. Wagh Engineering, KTHM, Yashwantrao Chavan Open University, BYK College for Commerce, Sandip Foundation, and MET Knowledge City.

Noteworthy healthcare facilities in Nashik include Sant Krupa Multi Speciality And Accident Hospital, Akhand Jyoti Hospital, Dr Vinod M Vijan, and Dr Patole Multi Speciality Hospital.

The well-connected Mumbai-Nashik six-lane highway ensures easy access to key areas of Mumbai. Nashik also enjoys seamless connectivity with vital locations like Pune and Thane.

Investment Trends in Nashik

The recent rates of flats in Nashik attract low and mid-budget investors. The current average price of a residential property in Nashik is around Rs. 4,350 per sqft. The properties are trading between Rs. 1,070 to Rs. 8,900 per sqft. With a 1.18% year on year growth.

Sqft Price for Top 20 Areas in Nashik

Here are the top places of Nashik with the current price list:

Disclaimer: The prices don't reflect the actual rates of properties as collected from different sources. The price depends on locations, amenities, and builders.

Nashik's Real Estate Landscape

Nashik offers investment opportunities in the low to mid-budget range, with 2 to 3 BHK configurations available for 40 to 60 lakhs. Additionally, properties like Antarang, Aradhana Residency A, Samarth Prabhath, and Shree Hari Krushna Heights offer up to 4 BHK configurations within a one-crore budget. Top builders in Nashik include Nirman Group, Samrat Group, Anmol Nayantara Group, ABH Developers Pvt. Ltd., Karmaa Group, and Gajra Associate.

Southern Suburbs

The southern section of Nashik, including Indira Nagar, Shanti Nagar, and Laxmi Nagar, offers green surroundings and rapidly developing residential and commercial properties. Residential properties are priced between Rs. 3000 to Rs. 4000 per sqft. Shree Vignahar Builders And Developers, Harsh Properties, Nishank Group, and Ananya Construction are prominent builders here. New projects in this area include Shree Hari Krushna Heights, Amrut Dhara, Nayantara Presidency, and Roongta Lifestyle.

Northern Suburb

Ghadge Nagar, Datta Nagar, and Ayodhya Nagari are key locations in the northern zone of Nashik. Residences here range from Rs. 2000 to Rs. 4000 per sqft. The locality boasts various temples and historic places. Builders like Harshal Hanumante Builders and Developers Pvt. Ltd., Kanaklaxmi Developers, and Jaikumar Constructions Ltd. are contributing to residential property growth. Top projects in this area include Ekdant Ashapuri Girija, Imperial Umiya Vijay Apartment, and Jaykumar Parkside Nest.

Western Suburbs

The western zone of Nashik, comprising locations like Mahatma Nagar, Sadguru Nagar, and Bajrang Nagar, is developing with robust connectivity, hospitals, schools, shopping malls, eateries, medical shops, temples, and parks.

Residential properties are priced between Rs. 3000 and Rs. 6000 per sqft. Mahalakshmi Devine Heights, Samrundhi Haripath, Madhur Mangal Avenue, and Palm Town are among the top projects. Builders such as Shree Vignahar Builders And Developers, Harsh Properties, and Om Sai Land Developers are active in this region.

Eastern Suburbs

The eastern suburbs of Nashik, including Bahgbanpura, Samta Nagar, and Uttara Nagar, offer a tranquil ambience and cater to everyday needs like connectivity, proximity to educational centres, and employment hubs.

Residencies in this zone range from Rs. 4000 to Rs. 5000 per sqft. Notable builders in this area include Pooja Construction, Shree Ganesha Construction, Reputed Builder, Karmaa Realty, and Siddhivinayak Developers. Lucrative projects in this zone include Samraat Dream Citi, Nilkanthvarni Ram Heights, Shreeji Pinnacle, and more.