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string(2866) "[QUOTE=mmulye;1476136]Seems you have invested in Nashik or a local resident...anyway let me clarify...
What is a city depends on the places you have visited..mumbai. New york, london,,or Pune..etc
First and foremost RE prices rise mostly because of IT industries and not manufacturing (Banglore,Pune, to some extent Delhi)..Mumbai is financial capital..so thats different..
MIDC is here there everywhere..,,High salaries in mfg is limited to 3-4% of employees .
MIDC is in talegaon..rates 2700 for last 2/3 years...
Now tell me abut Nashik (though i go to this place every year...a gruelling 6 hours from pune...no good connectivity to Nashik)
- How many Multiplexes / McD's /Tanishqs(branded jewellery shops)/ Pizza Huts/ 5 star/3 star hotels ?
- How many IT companies with more than 300+ employees...(IT not BPO's)
- How many MNC mfg companies?
- How many Engineering /Medical colleges ?
-How many buildings(completed) with 10+ floors and how many with swimming pools ?
...i think this will be enough...
Vascon was the first good builder to enter and have burnt their fingers....Paranjape's were the next...integrated township....a "Super flop"........
- only 1 road ..college road/indira nagar shows some resemblance of a developed area..
The going rate is 3000/- (stagnant for last 3-4 years)....which is the rate of talegaon/pirangut/shirwal etc areas around Pune which are still in "gram panchayat" and are classifed as under developed /fringe areas..
NIMA can do whatever they want..no industry will enter in Nashil since no "educated workforce" is available...60-70% people are phetewalas..(chech the CBS orrailway station)
Good luck to those who invested....hope they get more returns than their savings account..(not even FD!)[/QUOTE]
Hey,
So according to you, even kolhapur/Solapur is better developed. So few questions:
1. Do you mean rates are at 6000 sqft in "kolhapur/Solapur"?
2. How many Multiplexes / McD's /Tanishqs(branded jewellery shops)/ Pizza Huts/ 5 star/3 star hotels are their in "kolhapur/Solapur"? Nashik has all of these.
3. How many IT companies with more than 300+ employees in "kolhapur/Solapur" ? Nashik has few like Netwin sytesms, ESDS. It's not a real IT destinaton, I agree.
4. How many MNC mfg companies in "kolhapur/Solapur" ? Nashik has many like Bosch, mahindra.
5. How many buildings(completed) with 10+ floors and how many with swimming pools in "kolhapur/Solapur"? Nasik has many 12+ story buildings either ready or under construction. How much flats are sold is a different question.
I am not saying that Nasik is a real HOT destination and one should go invest there, but in one of your previous comment you called it as "Glorified village", so just curious.
PS: Pune road being widened 4 lane, and 60% is completed, the rest will be completed in a year (let's hope)."
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Originally posted by mmulye
View Post
Seems you have invested in Nashik or a local resident...anyway let me clarify...
What is a city depends on the places you have visited..mumbai. New york, london,,or Pune..etc
First and foremost RE prices rise mostly because of IT industries and not manufacturing (Banglore,Pune, to some extent Delhi)..Mumbai is financial capital..so thats different..
MIDC is here there everywhere..,,High salaries in mfg is limited to 3-4% of employees .
MIDC is in talegaon..rates 2700 for last 2/3 years...
Now tell me abut Nashik (though i go to this place every year...a gruelling 6 hours from pune...no good connectivity to Nashik)
- How many Multiplexes / McD's /Tanishqs(branded jewellery shops)/ Pizza Huts/ 5 star/3 star hotels ?
- How many IT companies with more than 300+ employees...(IT not BPO's)
- How many MNC mfg companies?
- How many Engineering /Medical colleges ?
-How many buildings(completed) with 10+ floors and how many with swimming pools ?
...i think this will be enough...
Vascon was the first good builder to enter and have burnt their fingers....Paranjape's were the next...integrated township....a "Super flop"........
- only 1 road ..college road/indira nagar shows some resemblance of a developed area..
The going rate is 3000/- (stagnant for last 3-4 years)....which is the rate of talegaon/pirangut/shirwal etc areas around Pune which are still in "gram panchayat" and are classifed as under developed /fringe areas..
NIMA can do whatever they want..no industry will enter in Nashil since no "educated workforce" is available...60-70% people are phetewalas..(chech the CBS orrailway station)
Good luck to those who invested....hope they get more returns than their savings account..(not even FD!)
What is a city depends on the places you have visited..mumbai. New york, london,,or Pune..etc
First and foremost RE prices rise mostly because of IT industries and not manufacturing (Banglore,Pune, to some extent Delhi)..Mumbai is financial capital..so thats different..
MIDC is here there everywhere..,,High salaries in mfg is limited to 3-4% of employees .
MIDC is in talegaon..rates 2700 for last 2/3 years...
Now tell me abut Nashik (though i go to this place every year...a gruelling 6 hours from pune...no good connectivity to Nashik)
- How many Multiplexes / McD's /Tanishqs(branded jewellery shops)/ Pizza Huts/ 5 star/3 star hotels ?
- How many IT companies with more than 300+ employees...(IT not BPO's)
- How many MNC mfg companies?
- How many Engineering /Medical colleges ?
-How many buildings(completed) with 10+ floors and how many with swimming pools ?
...i think this will be enough...
Vascon was the first good builder to enter and have burnt their fingers....Paranjape's were the next...integrated township....a "Super flop"........
- only 1 road ..college road/indira nagar shows some resemblance of a developed area..
The going rate is 3000/- (stagnant for last 3-4 years)....which is the rate of talegaon/pirangut/shirwal etc areas around Pune which are still in "gram panchayat" and are classifed as under developed /fringe areas..
NIMA can do whatever they want..no industry will enter in Nashil since no "educated workforce" is available...60-70% people are phetewalas..(chech the CBS orrailway station)
Good luck to those who invested....hope they get more returns than their savings account..(not even FD!)
So according to you, even kolhapur/Solapur is better developed. So few questions:
1. Do you mean rates are at 6000 sqft in "kolhapur/Solapur"?
2. How many Multiplexes / McD's /Tanishqs(branded jewellery shops)/ Pizza Huts/ 5 star/3 star hotels are their in "kolhapur/Solapur"? Nashik has all of these.
3. How many IT companies with more than 300+ employees in "kolhapur/Solapur" ? Nashik has few like Netwin sytesms, ESDS. It's not a real IT destinaton, I agree.
4. How many MNC mfg companies in "kolhapur/Solapur" ? Nashik has many like Bosch, mahindra.
5. How many buildings(completed) with 10+ floors and how many with swimming pools in "kolhapur/Solapur"? Nasik has many 12+ story buildings either ready or under construction. How much flats are sold is a different question.
I am not saying that Nasik is a real HOT destination and one should go invest there, but in one of your previous comment you called it as "Glorified village", so just curious.
PS: Pune road being widened 4 lane, and 60% is completed, the rest will be completed in a year (let's hope).
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