Nashik known as the wine capital of India and famous for hosting the biggest religious get-together in the world, Maha Kumbh, is now steadily emerging as a weekend home destination. The city is in close proximity to the two major cities of Maharashtra, Mumbai and Pune. Apart from local public, homebuyers from both, Mumbai and Pune are showing interest to invest in Nashik residential properties. Due to verdant greenery and tranquil atmosphere, investors belonging to these major cities, find this location favorable for spending weekends. However the trend is not new, but the volume of homebuyers have drastically increased in recent years which has bought this trend in notice.One of the major reasons for the rising trend is the city’s improved connectivity with the state capital, Mumbai. Therefore more of the homebuyers are from Mumbai as compared to Pune. Apart from the smooth Mumbai-Nashik Expressway, numerous flyovers, bridges, subways and other such infrastructure development have improved the connectivity with Mumbai. However, with the reconstruction of Mumbai – Pune highway, same smoothness and ease in connectivity is expected.Developers have understood that this trend is going to go a long way and with that hope they are coming up with residential projects that match the requirements of weekend homes. Most of the real estate developers are coming up with projects that comprise of apartments with facilities like garden, swimming pool, club house, jogger’s park and other such amenities that would assure the dwellers with peaceful and serene ambiance for spending weekend. It is just 2 hours journey from Mumbai to Nashik and 4 hours from Pune, hence it is quite easy to travel up and down during weekends. The fresh climate is perfect to unwind oneself.Type of residential properties and location in demand:Usually when we say weekend homes, it is more of stand-alone properties or row-houses but in case of weekend homes in Nashik, apartments in group housing projects are in rising trend. The definition of weekend homes is transformed. Most of the investors from Mumbai and Pune opt for apartments rather than individual houses as it guarantees them with better returns in future. The appreciation in property prices can be felt only by the local homebuyers as investors from Mumbai and Pune find these prices affordable. Depending upon the areas, property prices varies. Localities such as Indira Nagar, Deolali, Pathardi Phata are in high demand due to less congestions, widespread of greenery and peaceful surroundings.Driving factors:The number of homebuyers as well as investors is increasing rapidly. The expected growth in industrial and commercial sector has become one of the driving factors for increase in residential demand in Nashik. As the demand is increasing, even property prices are escalating but still investors from Mumbai and Pune find it affordable. As compared to the residential property prices in these two prime cities, Nashik residential property prices is quite reasonable, hence they find it as a favorable location for investment. Apart from these many IT/ITES, SEZs and BPO have opened in proximity to the city, hence professionals from these industries are also showing interest in Nashik properties.Currently, the city is viewed as a superb weekend home destination but the Nashik shows huge potential to emerge as one of the finest real estate destination in near future.займ на карту без отказов круглосуточновзять кредит онлайн