Nashik, 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 Nashik, Sihasth Kumbha Mela a religious festival is held at Nashik after every 12 years. The Nashik Kumbh Mela is generally acknowledged to be the most sacred of all the
Nashik At a Glance:
Latitude: 190-33' and 200-53' North Longitude: 730-16' and 750-6' East
National Highway passing through the city Mumbai-Agra National Highway
No. 3 (1000 Km),
Nashik-Pune National Highway No. 50 (210 Km)
As Nashik 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 Nashik 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 Nashik gives it more urbanised look as that of Mumbai &
Pune. Nashik 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 Nashik area-
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 Nashik 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 Nashik. The project of Highway four-laning has commenced so the travelling time to Mumbai from Nashik will surely cut down. For genuine property investors who take long-term view, Nashik 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 Nashik 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 Nashik.
Nashik, located in Northern part of the state is considered as one of vastly developing city in Maharashtra. Temples & holy places situated on the banks of river Godavari brings mythological & historical importance to well connected via roads with
cities like Pune & Mumbai it has resulted an increasing growth
in the area's of industries & trade. Read More...