The ancient city of Nashik had developed on both the banks of Godavari, which divided the city into almost equal halves. The History of the city dates back to Ramayana. There are many references of the city in many epics as well as vedas. The city, since old days, has developed on the banks with basically the design of a religious place. In addition, Nashik has always been the epicentre of commerce and trade. Ptolemy, the famous philosopher made a mention of Nashik in 150 BC, leading researchers to believe that it was probably the country's largest market place during that period.

Nashik is a bustling township with a blend of the ancient and the modern. Scattered across the city are numerous forts and majestic temples. But it is also the home to many industries. The Security Printing Press of the government, which prints the nation's currency, is located here. Satpur and Ambad Industrial Area in Nashik is home to many multi national and large industries along with ancillary small & medium scale industries. Recently Govt. of Maharashtra has renewed its interest to create a 5-star Industrial Zone at Malegaon near Sinnar, 25 km from Nashik. Apart from the established industries, BPO (Call Centre) industries have already started to move in to Nashik in numbers, which will definitely push up the demand for the residential units in the very near future.

Being the major grape growing area of India, Nashik has become the Wine Capital of India with established names like SULA Wines, VINSURA Wines, ND Wines, CHOWGHULE, PRISM Wines have either already set-up or in the process of setting up their plants around Nashik. This sector of industry is also labour intensive, and with many more other famous brands of wine manufacturers moving to Nashik it will add to the demand of residential units further.

After Pune, Nashik is fast becoming the Education Hub of Maharashtra. Apart from the YCMOU and North Maharashtra Health University already set up in Nashik, several engineering colleges, MBA colleges have been operating in Nashik. Recent advent of several International Schools, namely – Poddar International School, Fravashi International School, Orchid International School, Symbiosis Education Facility and others have opened their door to the students, many of whom are expected to be out of Nashik. The parents of these out of town schools are also likely to add to the real estate demand in the very near future.
All these factors will further boost the already growing real estate industry of Nashik making it an ideal investment opportunity.