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Nashik Road is a fast developing city suburb of Nashik and has many hotels and restaurants, educational institutions (St. Philomena's Convent High School, Purushottam English School, K.N.Kela Progressive, R.J.C. Bytco Girls School, Kothari Kanya Shala, Jairambhai, K.J. Mehta etc.), hospitals and financial institutions (Business Bank, The Nasik Road Deolali Vyapari Sahakari Bank Ltd.,ICICI Bank etc.) catering to the growing educational and financial needs of the population.