| Aurangabad, located in Maharashtra, literally means | | | | Realty market in Maharashtra has been seeing |
| ‘Built by the Throne' and is named after the Mughal | | | | unprecedented highs with its newfound realty |
| Emperor, Aurangzeb. Among the fastest growing | | | | destinations- Pune, Nasik, Navi Mumbai and now |
| cities of the country, it holds great historic significance | | | | Aurangabad. As real estate in Mumbai achieved |
| even today while being a prominent tourist hub. | | | | stagnation, property builders undertook the task of |
| Aurangabad real estate market is now witnessing a | | | | hunting next possible venues for realty developments. |
| boom across the entire spectrum with the constantly | | | | As property in Pune and Nasik found buyers and |
| growing need for land. | | | | investors, it displayed immense scope for realty |
| | | | | expansion. Navi Mumbai real estate also started |
| The real estate sector is the most talked about in India | | | | gaining attention of builders and investors and is today |
| these days with everyone coming forward to buy and | | | | a well known realty hub. Propelled by dearth of |
| invest in realty. Apart from being an investment option, | | | | property in Mumbai, Maharashtra based developers |
| the need for land to accommodate the growing | | | | found three new centers for construction of homes |
| population, the businesses and the migrating | | | | and offices. But, owing to the swift increase in state's |
| professionals and students has also increased. Being | | | | population and their subsequent needs, more places |
| both the need of the hour and a lucrative investment | | | | are required to accommodate them. Consequently, |
| option, property in India necessitates rapid | | | | property in Aurangabad showed ample scope for |
| development. Moreover, the realty markets of metro | | | | development and expansion presenting a perfect |
| cities have reached a saturation point, pushing property | | | | option for realty creators. |
| builders to look for other potential real estate | | | | |
| destination. As a result, the nearby areas of metros | | | | With more and more builders showcasing interest in |
| are benefiting the most with large scale residential and | | | | constructing properties in the city, Aurangabad |
| commercial projects being planned and carried out. | | | | became home to all modern comforts and amenities. |
| | | | | Situated on the banks of Kham River, the city is a |
| Aurangabad has a number of historical monuments | | | | gateway to UNESCO World Heritage sites of Ajanta |
| including the Ajanta and Ellora Caves, Bibi Ka Maqbara | | | | and Ellora. Known for these sites, the role of |
| and others making it a popular tourist spot. In order to | | | | government in developing the city into a well laid out |
| support the influx of tourists, the city houses numerous | | | | place can not be overlooked. The City and Industrial |
| 5 star hotels of the leading hoteliers like The Taj | | | | Development Corporation of Maharashtra Ltd. |
| Residency, ITC Welcomgroup's The Rama | | | | (CIDCO) is an important name in this regard. |
| International, The Lemontree (The President Park | | | | |
| earlier), The Ajanta Ambassador and the Aurangabad | | | | Aurangabad is welcoming residential and retail growth |
| Gymkhana. Along with being a hit in the tourism and | | | | in full swing being a manufacturing center already. |
| hospitality sector, it has always been developed as a | | | | Home to some of the major retail outlets and |
| trading hub with major cotton and silk production units | | | | multiplexes, the entertainment and recreation segment |
| established here. From Indian to multinational | | | | of the city is growing by leaps and bounds. Moreover, |
| companies, there are large numbers of industrial units in | | | | the government is also engaged in promoting it as an |
| this ‘City of Gates'. It had recently hosted an auto | | | | investor friendly destination by focusing on |
| cluster after Pune and Nasik called ‘Marathwada | | | | strengthening of infrastructure. Property in Aurangabad |
| Auto Cluster' (MAC). | | | | is all set to reach towering altitudes and woo investors |
| | | | | from across the country. |