Overview of MIDC Area, Satara

Location and Accessibility

• The MIDC (Maharashtra Industrial Development Corporation) area in Satara rests strategically near NH-4. It's merely 15 minutes from Satara City.
• There are road connections and rail stations nearby, such as Wathar and Satara Railway Station.

Infrastructure and Amenities

• The MIDC area covers 152.40 hectares. It started development in 1970-71 and has ample infrastructure like roads, water supply, and power. The area taps 25 MLD of water from the Krishna River. Right now it uses about 5 MLD. Additionally, a sub-station with a capacity of 40 MVA is on-site.
• The streets there are well-kept, with common stairs, parking, and the scenic Sahyadri Mountain Range visible nearby.

Property Types and Availability

• Residential Properties: Various houses, flats, and plots are on offer. Take, for example, 4 BHK houses, about 3500 sqft, priced between ₹1.4 Cr and ₹1.6 Cr.

  • Flats: Different multi-storey versions also available.
  • Houses: A sizable number of 4 BHK houses are on the market.
  • Plots: One example is a residential plot of 1500 sq.ft, costing ₹13.5 lakhs.

• Commercial and Industrial Properties: Most are industrial plots but commercial spaces are found too: 263 industrial plots, 25 commercial, 12 amenity, 82 smaller ones, and 26 sheds.

  • Another option is renting a factory nearby in Shirwal, covering 4200 Sq.ft.

Price Range

• Residential Properties: House and flat prices fluctuate between ₹1.4 Cr and ₹1.6 Cr.
• Plots: Residential plot prices start around ₹13.5 lakhs for a 1500 sq.ft one.
• Industrial Plots: Value is roughly ₹30 Cr.

Lifestyle and Environment

• This locality offers quiet and scenic views, with the Sahyadri Mountains as a backdrop.
• Nearby are amenities: schools, hospitals, and local shops; nearby towns include Rahimatpur, Wai, and Satara.

PropertyWala's Conclusion

In Satara, the MIDC area proves enticing for property seekers for living, renting, or business. Prime location, infrastructure, and great views make it appealing. A variety of properties cater to different budgets. The area's proximity to essential facilities and good road access add to its attractiveness. It brings a mix of convenience, good lifestyle, and good investment prospects to buyers and renters alike.