Lohagad, Lonavala
About
Overview of Lohagad, Lonavala
Location and Connectivity
- Lohagad resides near Lonavala, a beautiful hill station. It's in Maharashtra, India.
- It has excellent links to cities like Mumbai (100 km away) and Pune (60 km away) via the Mumbai-Pune Expressway and Mumbai-Chennai Highway.
Property Market Trends
- The property market in Lonavala and around, including Lohagad, experienced a big gain. In Lonavala, rates went up 24% last year, with prices now ranging from Rs 4,537 per sq ft to Rs 7,175 per sq ft.
- Nearby Khandala also saw a rise, averaging Rs 16,540 per sq ft, up 41.33% year-over-year.
Types of Properties
- Residential Choices: There’s a range of homes, from apartments to villas and plots. Finished villas for immediate living attract many. Developers also offer land.
- Luxury and Affordable Housing: Whether it’s luxury villas costing up to ₹15,000 per sq ft or more affordable options, the area caters to many buyers.
Amenities and Infrastructure
- Education: There are famous schools like Sinhgad Public School, Ryewood International School, and Kaivalya Vidya Niketan.
- Healthcare: Hospitals like Ashirwad Hospital, Shraddha Hospital, and Yash Hospital serve Lonavala.
- Shopping and Leisure: Malls such as Lonavala Square Mall, Triose Plaza, and Uphill Mall fulfill shopping needs. Local markets feature specialties like fudge, jams, and crafts.
Employment and Economic Hubs
- IT Hubs Nearby: Lohagad and Lonavala are right near IT parks in Pune like Pune IT Park, ICC Towers, and the Mahratta Chamber of Commerce Industries & Agriculture. This draws a lot of white-collar workers.
- Tourism: The area thrives on tourism with Bhushi Dam, Lonavala Lake, and Karla Caves. These attractions boost local economy.
Reasons to Invest
- Growth and Demand: The area’s central location between Mumbai and Pune, and the presence of IT/ITeS hubs, boost demand for homes. This drives significant property value up.
- Government Infrastructure Plans: The government plans to expand Lonavala’s infrastructure. This makes it a great investment spot.
PropertyWala's Insight
Investing in Lohagad or Lonavala could be smart. The region has strong property value growth, good links, and vital community services. With affordable and luxurious housing, it meets different buyer needs. It's also close to IT centers and set to get new infrastructure, making it appealing for short and long-term investments.
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Price Trends
- Locality ID
- A112718731