The numbers that decide it — rental yields, occupancy, appreciation and the ownership rules and taxes for buying in Modale.
| Metric | Value | Notes |
|---|---|---|
| Domestic Tourists (Maharashtra) | 189.37M · 2024 | Maharashtra-wide data, showing strong growth. |
| Foreign Tourists (Maharashtra) | 3.71M · 2024 | Maharashtra-wide data, showing significant increase. |
| Registered Hotels (India) | 9,000+ · 2024 | Estimated number of organized hotels across India. |
| Avg. Annual Occupancy (India) | 67.5% · 2023-2024 | Nationwide occupancy rate for branded hotels. |
| Peak ADR (India) | ₹8,055 · 2023-2024 | Nationwide average daily rate for branded hotels. |
| Off-season ADR (India) | ₹6,000 · Jun-Sep | Estimated lower-season average daily rate for India. |
| Shoulder ADR (India) | ₹7,000 · Oct-Nov / Mar-May | Estimated transitional season average daily rate for India. |
| Metric | Value | Notes |
|---|---|---|
| Managed-Rental Gross Yield | 5-8% | Varies by property type and operator efficiency in the Nashik region. |
| Capital Growth (YoY) | 10-15% | Reflects growth in developing corridors around Nashik. |
| 5-Year CAGR (Capital) | 12% | Longer-term capital appreciation trend for the Nashik region. |
| Operator Quality Impact | High | Professional management significantly influences rental income and property upkeep. |
| Post-Monsoon Maintenance | Moderate | Essential for preserving property value and attracting tenants. |
| Booking Channel Spread | Medium | Diversifying booking channels (OTAs, direct) can optimize occupancy. |
| Metric | Value | Notes |
|---|---|---|
| Fixed Broadband (download) | ~10 Mbps | India Tier-3 real-world average |
| Mobile (4G/5G) | ~15 Mbps | 4G widespread; backhaul often saturated |
| Monthly Cost (1 person) | Low rent + food; minimal services | |
| Rent — 1BR (city center) | — | |
| Mid-range meal for two | — | |
| Coworking (monthly pass) | Few dedicated spaces; cafes common | |
| Coworking Spaces (within 5km) | 0-1 | Limited; cafes/hotels typical |
| Air Quality (annual PM2.5) | ~40 µg/m³ | Varies; rural often cleaner but seasonal stubble smoke |
| Nomad Community | Low | Few international nomads; quiet rural area |
| English Level (daily use) | Medium | Professional/hospitality circles; less in daily use |
| Digital Nomad Visa | No dedicated nomad visa (e-Tourist Visa 30/90/365 days) | e-Tourist visa up to 1 year multi-entry (90 days per stay) | Tax resident if >182 days; foreign-source income generally not taxed for non-residents |
| Timezone | GMT+5:30 (IST) | — |
| Primary Language | Hindi, English (multiple regional languages) | — |
| Buyer | Permitted | Tenure | Conditions |
|---|---|---|---|
| Indian Resident | Yes | Freehold | Unrestricted purchase of residential, commercial, agricultural |
| NRI / OCI | Conditional | Freehold | Residential and commercial allowed; agri/plantation/farmhouse only via inheritance |
| Foreign National | No | None | Cannot purchase; inheritance allowed from Indian resident |
Investment figures are directional market estimates, not guarantees — actual yields, rates and appreciation vary by property, operator and timing. Verify with a professional before investing.
NRIs and OCIs can freely buy residential and commercial property in India (not agricultural land), with purchase funds routed through NRE/NRO banking channels.
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