Nashik: Five-Day Property Expo Records ₹100 Crore in Sales

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Nashik witnessed significant activity in its real estate sector as a five-day property expo organised by the Confederation of Real Estate Developers Association of India (CREDAI) concluded on Monday. The event, held at Thakker’s Dome near ABB Circle on Trimbak Road, saw around 100 properties booked, with total sales estimated at approximately ₹100 crore.

The expo featured more than 500 residential projects from 80 developers, attracting a wide range of buyers. Properties on offer ranged in value from ₹15 lakh to ₹12.5 crore, catering to different budgets and preferences. Among the bookings were 50 flats and an equal number of plots, including two luxury flats priced at ₹12.5 crore each.

Gaurav Thakkar, President of CREDAI Nashik, expressed optimism about the event’s long-term impact on the city’s real estate market. He stated that the expo is expected to generate an additional ₹200 crore in sales over the next two months, with around 500 more flats likely to be booked. Thakkar also noted that the participating builders received roughly 3,000 inquiries from potential buyers, indicating strong interest in Nashik properties.

Maharashtra State Education Minister Dada Bhuse attended the closing ceremony and highlighted the expo’s role in helping individuals achieve homeownership. He also underscored the importance of promoting Nashik as a key spiritual and educational hub, especially in the lead-up to the upcoming Kumbh Mela, which attracts visitors from across India.

The property expo not only showcased the city’s growing real estate potential but also provided buyers with an opportunity to explore multiple options under one roof. CREDAI officials emphasised that such events help streamline the buying process and connect developers with genuine prospective buyers.

The success of the expo reflects a broader trend of rising interest in Nashik’s real estate market. Developers and buyers alike have shown enthusiasm for projects that combine affordability, location, and amenities, suggesting continued growth for the sector in the coming months.

With the festive season approaching, local real estate stakeholders expect similar events to further boost property sales, offering opportunities for both developers and residents. CREDAI Nashik plans to continue organising such expos to facilitate transparent transactions and encourage investment in the city’s housing sector.