Nashik Real Estate to Boom Post-Simhastha Kumbh 2027, Says Kumbh Mela Commissioner

Published: December 19, 2025 | Category: Real Estate Pune
Nashik Real Estate to Boom Post-Simhastha Kumbh 2027, Says Kumbh Mela Commissioner

Nashik, owing to its religious significance, has earned the status of Maharashtra’s spiritual capital. Therefore, after the upcoming Simhastha Kumbh Mela, the city’s real estate sector is expected to witness a bright future, expressed Kumbh Mela Authority Commissioner Shekhar Singh.

He was speaking at the grand inauguration of the Homeathon Property Expo, organised by the bankers’ and developers’ body NAREDCO at Dongre Ground on Thursday. On this occasion, Metropolitan Development Authority Commissioner Jalaj Sharma, BSNL General Manager Sarang Mandavikar, Tribal Development Commissioner Leena Bansod, Dr Vijay Kakatkar, Uday Shah, Deepak Chande, Viraj Shah, Raju Shah, Hitesh Thakkar, along with office-bearers of NAREDCO, were present.

Singh stated that just as reports indicate nearly a 30% growth in real estate in Prayagraj after the Kumbh Mela, a similar significant rise is expected in Nashik. Jalaj Sharma praised the organisers for offering diverse housing options at the Homeathon Property Expo by considering all sections of society in Nashik.

NAREDCO President Sunil Gavade said that several new concepts have been introduced in this year’s expo. As part of social responsibility, he also announced that 50,000 trees will be planted across the city. Chief Convener Jayesh Thakkar informed that 100 per cent of the stalls have been booked this year and shared detailed information about the overall organisation of the event.

On the occasion, NAREDCO office-bearers Abhay Nerkar, Shantanu Deshpande, Abhay Tated, Bhushan Mahajan, Bhavik Thakkar, Prashant Patil, Purushottam Deshpande, Tarachand Gupta, Rajendra Bagad, and Shashank Deshpande, along with several citizens, were present.

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Frequently Asked Questions

1. What is the Simhasth
Kumbh Mela? A: The Simhastha Kumbh Mela is a major Hindu pilgrimage and festival that occurs every 12 years in Nashik, Maharashtra. It is one of the largest religious gatherings in the world, attracting millions of devotees.
2. How will the Kumbh Mel
impact Nashik's real estate market? A: The Kumbh Mela is expected to boost Nashik's real estate market significantly, similar to the 30% growth seen in Prayagraj after their Kumbh Mela. The influx of visitors and increased economic activity are likely to drive property values and development.
3. What is the Homeathon Property Expo?
The Homeathon Property Expo is an event organised by NAREDCO (Nashik Real Estate Developers' Association) to showcase various housing options and promote the real estate sector in Nashik. It offers diverse choices to cater to all sections of society.
4. Who is Kumbh Mel
Commissioner Shekhar Singh? A: Shekhar Singh is the Kumbh Mela Commissioner responsible for overseeing the organization and management of the Simhastha Kumbh Mela in Nashik. He has expressed optimism about the positive impact of the event on the city's real estate sector.
5. What social initiatives are being undertaken by NAREDCO?
NAREDCO has announced that 50,000 trees will be planted across Nashik as part of their social responsibility initiatives. This effort aims to contribute to the city's greenery and environmental sustainability.