Sarvppratham Developers Decodes Infrastructure Effects on Igatpuri-Nashik for Decades to Come

Igatpuri, Maharashtra, 25^th March 2025 – An upcoming wave of developments that will significantly enhance connectivity to Igatpuri is positioning it as a future hub for real estate, tourism, and business, according to Mr. Anand Khattar, the chairman of Sarvppratham Developers. With large-scale government-backed projects on the horizon, the Igatpuri-Nashik belt is set to witness rapid urban development like that seen in Pune after the Mumbai-Pune Expressway was completed in 2002.

Impact on real estate and regional growth:

• Excess road capacity leading to a ‘South Mumbai Effect’: The road capacity from Mumbai to this region will grow by 3-4 times in the coming months. Igatpuri will experience a transformation similar to what happened in South Mumbai after the coastal road was opened—where most congested areas like Peddar Road are now traffic-free and has led to reduced commute times by 60-80%.
• Expressway leading to the ‘Pune Effect’: Just as Pune flourished after its connectivity to Mumbai via expressway, Nashik and its surrounding areas, including Igatpuri, will soon witness an influx of IT professionals, business investments, and educational institutions. Superb connectivity with major metropolitan regions, markets, and ports will make this area an attractive alternative for businesses looking to lower costs.
• Rise of remote working and need for higher standards: Improved connectivity, combined with the trend of remote work, will encourage professionals to relocate from larger cities to regions like Igatpuri in search of a higher standard of living owing to the lower cost of living.
• Growing domestic tourism & Kumbh Mela impact: With religious tourism, leisure travel, and destination weddings rising, Igatpuri is set to be a primary beneficiary. The upcoming Kumbh Mela in 2027, expected to attract 40-60 crore visitors, will significantly boost local infrastructure. The Chief Minister is focused on making this the most advanced Kumbh Mela.
• Suburbanization beyond Mumbai: Projects like the Borivali-Thane Tunnel and Eastern Freeway extension to Thane are making ingress and egress from Mumbai easier, mirroring global trends of suburbanization. Similar to the infrastructure boom in the USA after World War 2 and China’s rapid urban expansion in the 1980s, India is going to be creating a large network of new metropolitan areas and satellite cities.
• Government incentives for second home ownership: Recent budget announcements incentivizing second-home purchases will further drive investment in this market, as it is a preferred spot for weekend homes, holiday residences, and retirement properties.

A vision for the future

“Urbanization in India is moving to tier 2 cities and extended regions due to improved connectivity and the infrastructure story, similar to what happened in China and the US. We see this reflected in the rise in real estate prices in these areas, which has significantly outpaced most metros. Investors in tier 1 cities have not even started to spot this trend yet, but it’s not late as we see this trend of outperformance as a structural force that will sustain for several decades. ” said the chairman of Sarvppratham Developers.

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