Is Nashik’s real estate favoring end users or investors?

As we all know, the city of Nashik has been progressively growing in major sectors like information technology, infrastructure, education and real estate. The growing market for properties in Nashik has been very supportive towards the builders and developers of the city as well as the ones who desired to own better homes in the Wine Capital.

Now, considering that the city’s Realty sector is at a nascent stage, it is fast turning into a preferred destination for investment among many investors. Already popular for its pleasant climatic conditions and locations with astounding beauty and serenity, the city had all that was needed to be one of the favorites of people looking for a city to settle down, except the standard of living. The lack of property housing in previous years could possibly be the only reason for people to look for other alternatives to settle down. However, in the recent times, the city has overcome that obstacle as well.

When we speak of opulence and plush lifestyles, we often consider cities like Pune and Mumbai in the state of Maharashtra. But, we forget that the plush lifestyle we are obsessed with comes with a price tag in such cities which is beyond the reach of a majority of the “common man”. However, if you consider Nashik, it too has a price tag to offer plush residences and quality lifestyle features to people who desire to have the same, but, at a cost that fits the affordability quotient of many.

The affordable prices combined with the serene beauty of the location has often attracted the retired personnel to invest in properties here. The right ROI is another factor here that is becoming an interest of  many investors across the state and even abroad. Pulling home buyers and investors with the potential to grow even further, Nashik has a long way to go with a capital value of properties appreciated by quite good percentage in only past 2 years.

Hence, the city has been in favor of the buyers as well as investors and thus showing its potential to become a smart city with remarkable growth in less time.