Real Estate Nashik

NMC Approves 50-Acre Township, 2,500 Affordable Units Near Ambad MIDC

By GeoSquare News Desk · Published 2026-11-05

Project Overview

The Nashik Municipal Corporation (NMC) has given the green light to a 50-acre integrated township project near Ambad MIDC, a key industrial belt in the city. The development will comprise 2,500 affordable housing units, aimed at meeting the rising demand from the workforce employed in the surrounding factories and businesses.

Infrastructure Boost

As part of the approval, the project includes significant infrastructure upgrades, such as road widening along the approach corridors. Additionally, a metro link has been proposed, which will greatly improve connectivity to Satpur and central Nashik, reducing travel time and enhancing daily commutes for residents.

Market Impact

This township is expected to invigorate the real estate market in the Ambad belt, attracting both end-users and investors. With affordable pricing and improved infrastructure, it presents a compelling opportunity for first-time buyers and those looking to invest in Nashik's growing peripheral areas.