People from Bombay, Navi Mumbai, Pune, and vicinities around are in love with Lonavala, especially during the monsoons and winters. Lonavala being the nearest and lush green hill stations to these places, people often go there for an overnight stay and take a break from their monotonous routine.
But the recent market research shows that people from all over the country are not only looking forward to visiting Lonavala but also purchase a plot or a property out there. When we speak about Lonavala, Pangoli, which is said to be the center of the hill station is becoming a new investment hub for all the investors looking to buy plots in there. As per a leading real estate company called RealCity Estate, there are not only Agricultural Plots available out there, but also spacious 3BHK bungalows for residential and investment purposes.
While greenery and open spaces are common to most of the second home locations, none can match the scenic view that the hill station of Lonavala provides. Moreover, this region enjoys good connectivity and social infrastructure. In terms of the overall quality of life, anyone who knows about Pangoli, will not settle for any other location. 64 km from Pune, 96 km from Mumbai, Pangoli is well-connected with Navi Mumbai as well with a distance as short as 50 km. The Mumbai-Pune Expressway passing through this town, thus making Pangoli an ideal vacation spot for the residents of these cities. Regions such as Khopoli, Karjat, Talegaon, Dabhade, etc., are also easily accessible from Pangoli.
We spoke about the connectivity of this town to various cities. Now, let’s have a look at Pangoli as a property market.
Not many property markets in and around Mumbai or Pune can match the quality of living that Lonavala offers with its greenery, open spaces and emerging infrastructure. As per a study by RealCity Estate, Lonavala falls among the three most desirable weekend home destinations, with Goa and Kasauli being the other two. Keeping aside the relaxed quality of life, the investors have shown a keen interest in properties in Pangoli because of an economical investment.
The research by RealCity Estate also shows that the way Lonavala is developing, it is likely to become a satellite town for Navi Mumbai and Pune. Navi Mumbai has the potential to emerge as a serious office district, owing to its economic activity and employment prospects. Consequently, Lonavala could transform from a weekend getaway into an investment hotspot and a residential market driven by end-users.
Connectivity to Lonavala will receive a fillip, once the international airport in Navi Mumbai becomes operational. With office stock in Mumbai and Pune increasing, there is greater demand for training centers in the region. Lonavala, which already houses the corporate training centers of L&T and Tata, has an advantage.
Keeping the above factors in mind, all we see is some amazing deals for you to start investing in plots or bungalows in Pangoli and enjoy a quick escape from the congested and hectic life. And while you’re hustling with your daily schedule, you can also give these plots and bungalows on rent and have a second source of income at the same time. Buying or investing in properties in Pangoli is not only a good decision keeping your lifestyle in mind, but also a Return on Investment which is worth every penny.
Wondering whom to contact for getting the best properties at the best rates in Pangoli? Why go anywhere else when RealCity Estate covers and understands all your needs. You can contact us on +91-99239-38879 and book your dream home today!