Builders to brand Nashik as real estate hub
The Confederation of Real Estate Developers Association of India (CREDAI) in Nashik has come up with a branding strategy for the city to overcome the slowdown in the real estate sector.
“The realty sector is already passing through a phase of slowdown. Moreover, sanctions on the new building plans and building completions have been affected due to the NGT issues. Builders are unable to complete their new projects . In fact, the Nashik Municipal Corporation (NMC) needs to address these problems at the earliest. The civic body is giving conditional permissions to the new building plans but it is practically impossible to fulfil these conditions.” He further said, “But despite these issues, we are working on how to increase the demand for real estate.” said Sunil Kotwal, President, CREDAI Nashik.