Nashik city records brisk sale in gold, real estate & auto sectors on Akshay Tritiya

Nashik: Akshay Tritiya saw significant business across gold, real estate, and automobile sectors in Nashik city on Wednesday, with a total turnover of around Rs 575 crore across the jewellery, real estate and automobile sectors in Nashik city alone.
Akshay Tritiya, along with Dasara, Dhanteras, and Gudi Padwa, is considered an auspicious occasion for starting new ventures and making decisions for growth and prosperity.
Gold alone registered about Rs 70 crore in sales in Nashik city. Chetan Rajapurkar, a senior member of the Nashik Jewellers' Association, said there was a rush in the markets to buy gold despite high price. "Customers usually invest in gold coins and bars on this day every year. There was also a demand for gold jewellery. The rush of customers was seen throughout the day except for two to three hours in the afternoon, which increased towards the evening," Rajapurkar said.
Girish Navase, president of the association, said the jewellery market registered good business despite high gold prices. "Most of the customers made their bookings for gold around two to three weeks back and took the deliveries on the occasion of Akshay Tritiya," Navase said.
In Nashik, the gold price was recorded at Rs 98,500 per 10 gm (including GST) on Akshay Tritiya on Wednesday, against Rs 75,200 per 10 gm (including GST) on the same auspicious occasion last year. The silver price was recorded at Rs 99,500 per kg (including GST) on Wednesday, against Rs 84,900 per kg (including GST) on the same auspicious occasion last year.
Businesses lured customers with discounts and zero-down-payment schemes to capitalise on the auspicious occasion of Akshay Tritiya. Tushar Gaikwad, the owner of a cellphone shop, said, "We offered several discounts and a 0% finance scheme, which received a good response till Wednesday evening."
The real estate sector too recorded heavy bookings in Nashik city on Wednesday. Builders claimed of over 500 flat bookings, totalling Rs 250 crore. "There was strong demand for ready possession 2 and 3 BHK flats. Specifically, 2 BHK flats were in demand in areas like Gangapur Road and Govind Nagar, while 3 and 4 BHK flats were sought after in Pathardi, Makhamalabad and Adgaon," Gaurav Thakkar, president of Credai-Nashik, said.
In the automobile sector, 1,500 four-wheelers worth Rs 225 crore and around 3,000 two-wheelers worth Rs 30 crore were sold on the auspicious occasion of Akshay Tritiya, industry experts said.