Nashik Parikrama Ring Road: ₹3,659 Crore Project — Top Investment Corridors Around the Route

Infrastructure & Development · Published 2026-04-05 · 8 min read · Eshaan Realty, Nashik

Nashik Parikrama Ring Road: ₹3,659 Crore Project — Top Investment Corridors Around the Route

The 66 km Nashik Parikrama Ring Road is the city's biggest infrastructure project since MIDC. Here's the complete route, affected localities, and where smart investors are buying land.

What is the Nashik Parikrama Ring Road?

The Nashik Parikrama is a 66.15 km outer ring road approved by the Maharashtra government at a cost of ₹3,659 crore. It is being executed by MSIDC with a target completion of March 2027 — timed for the Simhastha Kumbh Mela. The ring road is designed to divert through-traffic away from the city centre and open up new development corridors around Nashik.

The Complete Route — Localities Affected

The Ring Road begins and ends at Adgaon, passing through: DRDO Junction → Dindori Road → Dakambale Shivar → Peth-Gavalwadi → Gangapur Road → Govardhan → Trimbak Road → Belgaun Dhaga → Vilholi → back to Adgaon. Key investment zones: Adgaon, Dindori Road corridor, Gangapur fringe, Trimbak Road, Ojhar–Pimpalgaon Baswant Corridor, Vilholi.

Top 3 Investment Corridors

Adgaon-Dindori Corridor: Affordable land (₹1,500–₹3,500/sqft) with direct ring road access. Trimbak Road–Belgaun Dhaga Corridor: Plotted projects at ₹800–₹1,500/sqft — entry now means 3–5x by 2035. Ojhar–Pimpalgaon Baswant Corridor: Agri-export and logistics zone with land at ₹500–₹2,000/sqft.

Expected Impact on Property Prices

Historical data from ring road projects in Pune and Hyderabad show 40–80% land price appreciation in the 3–5 years after completion. Nashik's Ring Road, combined with the Kumbh Mela infrastructure spend, creates an unusually strong catalyst. Investment ROI is expected to be 8–15% per year in Ring Road-adjacent corridors.

How to Invest

Land along the ring road alignment — particularly within 1 km of planned interchanges at Adgaon, Gangapur Road, Trimbak Road, and Ojhar — is the optimal play. Focus on NA plots or convertible agricultural land with clear 7/12 and no reservations. Contact Eshaan Realty — we have listings along the entire Ring Road corridor.

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