Industrial development in Nashik is growing
As the real estate development and industrialization has reached to its saturation level in Mumbai and Pune, the industrial development in Nashik has started to speed up.
The housing schemes of the Cidco (City and Industrial Development Corporation) of Maharashtra and the Maharashtra Housing and Area Development Authority (MHADA) also helps in the growth of the real estate in Nashik.
Though the real estate is growing in the city, the infrastructure has not developed in the city in proportion to the population increased.
The quantity and quality of the roads in the city are not adequate to support the increasing population.
Better climate, adequate water and proximity to both Mumbai and Pune are the major advantages of Nashik.
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Housing projects in Nashik are on hold
Source : Times of India
CIDCO, development in Nashik, Housing schemes, Mhada, Real estate development, Real estate in Nashik
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