Nashik of­fer­ing great op­por­tu­nity for In­vestors

Accommodation Times - - Front Page - By AT News Ser­vices

Nashik, one of the most up­com­ing city af­ter Pune and Mumbai in Mahrash­tra of­fer­ing great op­por­tu­ni­ties for Real Es­tate In­vestors. NRIs and in­dus­tri­al­ist are on buy­ing spree. Since the rates are all time low and won­der­ful projects are up for grab, lo­cal de­mand have in­creased many fold. When re­cent CREDAI ex­hi­bi­tion un­veiled 120 de­vel­op­ers ex­hibit­ing more than 500 projects, Nashik was cen­tre of at­trac­tion in the coun­try of­fer­ing great re­turns for money. Rang­ing be­tween Rs.1800 to Rs.5400/per sq ft the Grape wine manu- fac­turer city is now be­com­ing industrial hub. MIDC just be­fore Nashik till Trim­bakesh­war have ac­com­mo­dated big­gest name in in­dus­tries in the coun­try. Very re­cently, IT pro­fes­sion­als are also com­ing up with great tal­ent hence IT firms are on head hunt­ing spree in the city which has in­creased per capita in­come of the cit­i­zen of the city. Mi­grants all over ru­ral Ma­ha­rash­tra are pre­fer­ring Nashik over Pune be­cuase of cheap ac­com­mo­da­tion and qual­ity of life in the city. Since river Go­davari orig­i­nates from Trim­bakeash­war, the Jy­otir­linga, the re­gion is blessed with plenty of wa­ter and power sup­ply. The wa­ter scarcity in Ma­ha­rash­tra had made Nashik re­gion most sought af­ter. Since de­mand is gear­ing and oc­cu­pancy and ab­sorp­tion rate is very high, ma­jor­ity of hous­ing fi­nance com­pa­nies have shifted their at­ten­tion from Pune to Nashik. A new Mega City in mak­ing.

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