Nasik, a traditional religious city has now being transformed into a industrial center of India, with Information Technology (I.T.)Park, wine park zone, educational hub, and best tourist center of India .Located in Northern part of the state it is considered as one of vastly developing city in Maharashtra.The city, vibrant and active on the industrial, political, social and cultural fronts. Temples & holy  places situated on the banks of river Godavari brings mythological & historical importance to Nasik, Sihasth Kumbha Mela a religious festival is held at Nasik after every 12 years. The Nashik Kumbh Mela is generally acknowledged to be the most sacred of all the festivals.

As Nasik is well connected via roads with cities like Pune & Mumbai which has resulted an increasing growth in the area's of industries & trade. Modern efforts are on to promote the growth of an export-oriented rose farming and wine industry in the district. Nashik is also deemed "the third most industrialised city of Maharashtra after Mumbai and Pune", mainly due to extensive industrial development in recent times. It is home to an important thermal power plant (Eklahare) and a National Treasury Printing Press (India Security Press at Nashik Road). There are five "Industrial Zones" in the Nasik area and its outskirts (Satpur, Ambad, Sinnar, Igatpuri and Dindori) & is a center of textile manufacturing and sugar- and oil-processing.. Recent development of mall culture around area's of Nasik gives it more urbanised look as that of Mumbai & Pune.  Nasik has been developing as latest destination of companies from ITES-BPO sector & also there is boom in the sectors such as industrial, automobile, IT, agro, education & others.

The prominent educational institutions in Nasik are-

• Bhonsala Military School
• Nashik Education Society's Smt. Rangubai Junnare English Medium School
• Gokhale Education Society's BYK College of Commerce,
• Gokhale Education Society's HPT Arts and RYK College of Science,
• Institute of Management Research & Technology,
• Nashik (IMRT), JDC Bytco Institute of Management Science and Research,
• Karmveer Kakasaheb Wagh (KKW) College of Engineering,
• Karmveer Ravsaheb Thorat Kala,
• Bhausaheb Hire Commerce and Annasaheb Murkute Science (KTHM) College,
• Maharashtra University of Health and Sciences,
• NDMVP Samaj's College of Engineering, Nashik,
• NDMVP Samaj's Medical College, Nashik,
• NDMVPS's College of Architecture,
• Navjeevan Institute of Management Studies,
• The Yashwantrao Chavan Maharastra Open University.

The city also boasts a SEZ in Sinnar which is unique in supporting mulitiple products and it also comes as one of the cities under the (JNNURM) Jawaharlal Nehru National Urban Renewal Mission. And as Nasik offers all the benefits, property investors can surely consider making an investement in and around city. This being verge of property boom can be the perfect timing for property investement in Nasik. The project of Highway four-laning has commenced so the travelling time to Mumbai from Nasik will surely cut down. For genuine property investors who take long-term view, Nasik offers probably the widest range of options, from residential flats to row houses, plots & commercial projects which makes it as an ideal investment destination. It has competent rental property tax structure and minimal in whole Maharashtra, with twice the self assessment property tax amount for residential premises and thrice for commercial premises. The construction majors in Nasik are eyeing with major residential & commercial schemes so clearly real estate rates will be on rise sooner or latter.

So with this trend of growth in real estate scenario is certainly an excellent investment proposition in Nasik.