Credai to Brand Nashik as an Investment Hotspot

Credai to Brand Nashik as an Investment Hotspot. The Confederation of Real Estate Developers Association of India (Credai) having found that both the cities Mumabi and Pune have crossed saturation level has decided to brand the city Nashik  as an investment hot spot as there is a huge potential for growth. Moreover the city Nashik is at equidistance from Mumbai and Pune and it has come on the air map with connectivity with Mumbai and Delhi.

Credai has decided to organise events every three months to highlight the potential of Nashik. It has also decided to make efforts to attract new industrial investments in Nashik.

The first event will be held on Friday in association with a private firm. The theme of the event is ‘Nashik-North Maharashtra as investment hot spot.

The Anarock Property Consultant, joint organiser of the event on Friday, will release reports on Nashik as hot spot for investment.

Manish Rawal chairman of the infrastructure committee of Nashik Industries & Manufacturer’s Association said that although Nashik did not get a large industrial project over a decade due to scarcity of land but the situation has changed. The MIDC has acquired land at many locations, allotment of plots is yet to begin. The government should ensure that the new industrial areas are developed fast.

Umesh Wankhede, vice-president of Credai Nashik said that they focus is to market the city to attract investments. The real estate sector will get a boost if industrial investment comes here.

According to the Credai members, their plans are afoot for the next three years on branding and marketing the city.

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