Nashik Sees 22% Rise in Apartment Sales to 8,583 Units
Nashik, a city located 180 kilometers from Mumbai, has witnessed a significant 22% increase in apartment sales, reaching a total of 8,583 units, according to data from Credai-Liases Foras. This growth underscores the city's increasing popularity as a resi
NashikReal EstateApartment SalesCredailiases ForasAffordable HousingReal Estate MumbaiMar 09, 2025
The real estate market in Nashik has been buoyed by a combination of factors, including affordable housing options, improved connectivity, and a stable economic environment. Thakker, Director of the city-based real estate company Thakkers Group Ltd, attributes the growth to the city's strategic location and the increasing number of young professionals looking for affordable living options.
According to Thakker,
Frequently Asked Questions
What is the percentage increase in apartment sales in Nashik?
The apartment sales in Nashik have increased by 22%.
How many units were sold in Nashik according to Credai-Liases Foras?
A total of 8,583 units were sold in Nashik.
What factors are driving the growth in apartment sales in Nashik?
The growth is driven by affordable housing options, improved connectivity, and a stable economic environment.
Which segment of the housing market is seeing the highest demand in Nashik?
The mid-range segment, with units priced between INR 30-50 lakhs, is seeing the highest demand.
What government initiatives are supporting the real estate sector in Nashik?
The Pradhan Mantri Awas Yojana (PMAY) is providing financial incentives and subsidies to homebuyers, supporting the real estate sector.
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