Whether one invests in a residential property from the vision of living in it or merely as investment purpose, the climate of a place plays a significant role. Nashik, which is equidistant from Mumbai as well as Pune, thereby creating the popularly known “Golden Triangle of Maharashtra”, is generating a lot of demand for residential property investments because of it’s pleasant climate and many more factors. Not just Pune and Mumbai but Nashik also borders other major destination in Maharashtra like Aurangabad, Jalgaon, Dhule etc.

Development in the city is being done on the lines of major metros like Mumbai and Bangalore. The recent World Bank loan that the city got has worked well for its drainage and sewerage systems. Other construction and development activities are on an upswing and the city also boasts better professional education and recreational facilities.

Over Rs. 11,000 crore has been invested in improving Nashik’s infrastructure since 2005, and after the makeover plans envisaged by the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), the city has been witnessing a remarkable property boom.

The land-to-ready possession procedure in the construction and housing activity involves a long list of legal and administrative formalities, 50% pertaining to the local level, 30% to the State level and 20% to the National level, however, all three are inter-connected. Despite of the three falling in place, problems go on arising because of rules and regulations existing at a time and or changes and revisions introduced therein later. Nashik fortunately has a very dynamic team of Promoters and Builders Association, Nashik (PBAN), with affiliation to the Federation of Promoters and Builders Associations of Maharashtra (FPBAM), at the state level and the Confederation of Real Estate Developers Associations of India (CREDAI), at the national level. This kind of governance has made real estate business relatively simpler in Nashik.