Property Investment Localities in MaharashtraMumbai and Pune are the two names that come to people’s minds when we talk about Property investment in Maharashtra. But, this has changed now as the expansion of industries to various other cities in this State have opened doors for property investment. Not just this, but the fast-paced infrastructural development in other parts of the state has flooded the real estate market with multiple investment options. So, go through the entire blog and find out the upcoming property investment localities in Maharashtra.

1. Aurangabad

The city is majorly known for its textile industry and cotton production. Apart from this, Aurangabad is also growing as a hub for IT and industries. The availability of hospitals, educational institutions and more makes the Waluj road in the city an emerging locality for residential properties in Aurangabad, Maharashtra. The presence of airport, railway station and roadways ensure smooth connectivity across the country.  

2. Nagpur

Being the winter capital of Maharashtra, Nagpur is embraced with all the amenities necessary for standard living. The city widely famous as the orange city is also proposed to be a smart city. Nagpur has expanded to Greater Nagpur and the expansion proposals of existing food processing, cotton and silk industries here is not only increasing job opportunities for the locals but is also offering property investment options for the domicile investors.

3. Amravati

Located at a distance of merely three hours, this city has various reputed educational institutions like the Government College of Engineering, Dr. Panjabrao Deshmukh Memorial Medical College and Vidarbha Mahavidyalaya established in 1923. The city has various food processing and manufacturing units that are contributing to the growth of Aurangabad, Maharashtra. The transport system has made this a property investment destination in Maharashtra as the NH 6 passing through the city connects with Surat and Kolkata. Apart from this, the Amravati airport is situated at a distance of 15 kms from the city and Aurangabad is surrounded by cities like Nagpur, Raipur, Indore and Bhopal.

4. Nashik

The city is home to various IT, ITES, wine processing units and BPO companies. Thus, there are ample job opportunities and thus the city has already made its mark on the map of Indian real estate. The presence of various companies and sector in Nashik, the availability of premium residential projects in Nashik has also increased. The localities like Pathardi, Adgaon and Deolali camp here are catering to the expanding property market and transportation facility is also good here.

5. Solapur

Better known for power loom and handloom this city is exactly located on the main highway, rail routes between Mumbai, Pune, Bangalore and Hyderabad. The city is also going to have an airport soon as the construction of the same is going on. Boramani is the upcoming residential locality in Solapur as it is close to the proposed Boramani International Cargo Airport. The city offers smooth connectivity to Pune, Mangalore and Dhule via NH-9, NH-13 and NH-24 respectively.