Nasik is one of the most important cities in Northern Maharashtra. Nasik, in Maharashtra, is situated at a distance of 180 km from Mumbai (Bombay) and 205kms from Pune. The city has become the center of attraction because of its beautiful surroundings and cool and pleasant climate. Nasik has a personality of its own due to its mythological, historical, social and cultural importance. The river Godavari flows through the city. Temples and Ghats on the banks of Godavari have made Nashik one of the holiest places for Hindus all over the World. As per the sources, Nasik is the 7th fastest developing city in India and 16th globally. The city is growing very fast and is adding to its spiritual identity more stars like Agricultural & Industrial development. But one of the stars is more glaring and prominent: the Real Estate Sector. When we analyze the reasons for the rapid growth of Real Estate in Nasik, the following aspects come forward.
Considering the above aspects the properties in Nasik are still affordable and will give reasonable returns as compared to Mumbai and Pune. The Real Estate sector is consolidating before it will reach its next peak.