Tier 2 Cities Emerge as Housing Hotspots; Nashik Caters to Mid-Income Segment
Nashik, along with Jaipur, Nagpur, and Vadodara, is identified as a key Tier 2 city catering to the mid-income housing segment, with over 75% of supply priced below ₹75 lakh. This steady demand is driven by manufacturing and industrial employment. The measured approach to new project launches by developers is helping maintain balanced market dynamics and control unsold inventory.