The city is developing moderately and it is one of the best cities which has best climate. It is a religious and cultural hub and industrial progress of the city is also notable. Real estate rates are stable in the city and Nashik is important city in Mumbai, Nashik, Pune golden triangle. Property market is mainly based on demand and supply thus construction cost is bit high in the city. Nowadays, people are buying plots in Nashik district (6 or 8 kms away from city line) where rates of plots are reasonable. Today, affordable homes like two BHK and three BHK are in demand.
Nashik has become a developing city. Distance-wise this city is not so far from the financial capital of Maharashtra and thus it is a good place for property investment. People from various cities like Dhule, Jalgaon and Aurangabad are migrating to Nashik as the city has shown notable growth in the fields of education, agriculture and medicine among others. Property rates in Nashik are quite reasonable in comparison with cities like Pune and Mumbai. The city has become a convenient place to stay by all means.
Two BHK, three BHK and four BHK flats are in demand these days.Approximately, 70 per cent families in Nashik are joint families and people are ready for upgradation of the house as per need. Nashik is a place where one can buy a first-class budget home.