The availability of cheap labor, free land and high returns are luring investment agencies as well as technology related industries to Nashik. The city is getting a makeover is soon to become a cosmopolitan one as the recent trend suggests. Mega IT, Housing and SEZ projects are coming up thick and fast. Some of the leading real estate developers of India including the likes of DSK group, Raheja group Nirman group and the Sanklecha constructions are already at work in Nashik. The international trend of villas, apartments, independent houses and bungalows offering bigger, better and classier homes have caught the imagination of Nashik. Due to the citys proximity with Mumbai the financial capital of India, SEZ projects featuring film city, race course, IT zones, Botanical gardens along with the commercial sectors of multiplexes, theme parks, malls and hotels are making it the hottest property destination.