Nashik's Old Airport Road: Property Prices & Investment Potential
Old Airport Road in Nashik emerges as a lucrative investment hub with strong connectivity and steady price appreciation.
Key points at a glance
- •🏗️ New residential developments underway near major highways
- •📍 Excellent transport links to Nashik city center and railway station
- •⚖️ RERA-registered projects ensure legal compliance for investors
- •💰 Average price per sq ft rising 8-10% YoY
Development Surge
Multiple high-rise projects launched in 2023. Completion expected by Q4. Prices vary from ₹3,500-₹4,800/sq ft.
Location Advantage
Proximity to Nashik Airport (10 mins) and NH-50 reduces commute time. Ideal for tech sector professionals.
Regulatory Framework
All ongoing projects under RERA oversight. No pending litigation reported in local records.
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What actually happened?
Old Airport Road saw rapid infrastructure upgrades in 2023. New roads and metro connectivity plans announced.
- Government allocated ₹50 crore for area development
- Local authorities cleared 12 new project proposals
What it means for buyers
Investors benefit from predictable price trends. First-time buyers find mid-range options available.
What to watch next
Upcoming monsoon season may affect construction timelines. New projects likely to announce booking campaigns by November.