Property Rates in Nashik Road, Nashik

The Nashik Road property market, situated in Nashik, offers a diverse range of residential options at an average asking price of ₹3,489 per sq ft. Analyzing price trends, the locality has seen a consistent downward adjustment in its average rates over the past three quarters. Specifically, the average price per square foot dropped from ₹4,060 in June 2025 to ₹3,776 in September 2025, further settling at ₹3,419 by December 2025. This indicates a period of price correction or stabilization within the market. Within the locality, property rates vary significantly across different sub-areas. Premium localities like Vinay Nagar and Tagore Nagar command higher averages, standing at ₹11,474 per sq ft and ₹10,784 per sq ft respectively, though Tagore Nagar has seen a notable decline of 10.85%. Conversely, areas such as Dr Homi Bhabha Nagar offer more affordable options at ₹2,848 per sq ft, while Jail Road shows a slight positive change of 0.98% with an average of ₹3,815 per sq ft. Regarding property types, apartments, aligning with the overall market average, are priced at ₹3,489 per sq ft and have experienced a healthy appreciation of 2.05%. Meanwhile, villas, despite a higher average price of ₹4,657 per sq ft, have seen a marginal depreciation of 2.06%. This suggests stronger demand or better stability in the apartment segment. It is important to note that detailed data on property status, top projects, government registrations, and leading developers is currently unavailable, which limits a deeper analysis into market transaction volumes and specific growth drivers.