Construction Industry News
Between August and December 2021, more than 1,000 housing projects have been approved by the Nashik Municipality, while more than 400 construction plans are still pending with the Municipality for approval.
These projects range from five to more than 50 apartments and these construction projects will deliver more than 25,000 homes in the city.
Confederation of Real Estate Developers Association of India (CREDAI) Nashik told media that more than 1,600 projects are already under development, including 1,000 recently approved projects.
A Nashik Municipal Corporation (NMC) official told media that in the first four months (April-July) of the current fiscal year, only 200 housing projects were sanctioned due to the second wave of the pandemic, but the sector gained much-needed growth after that.
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