Nashik Builders plan to clear old stock by December 2018

Nashik | Friday | 14th September, 2018

Summary:

Of which, 16,000 projects are in Maharashtra alone.In Nashik division, 4,480 real estate projects registered with MahaRera in Nashik division so far. Of which, 200 builders and developers are the member of CREDAI Nashik , while remaining builders are small one engaged in projects up to 10 to 20 flats.“These builders have still 25% of the stock lying unsold or ready for the sale. Hence, they have set target to sell all old stock at present rates.There are close to 800 small and big developers in the city. NASHIK: With a festive season on, city builders have planned to clear their old unsold flats estimated to be 3000 by December end.According to Confederation of Real Estate Developers Association of India ( CREDAI ) Nashik, new projects will be costlier by Rs 300 per Sq ft from next year. The Nashik division includes five districts, Nashik, Dhule, Jalgaon, Nandurbar and Ahmednagar..