Location and Accessibility

Nandivale, near Lonavala, boasts a picturesque setting. Its closeness to cities like Mumbai and Pune makes it perfect for frequent visitors. You can easily reach Nandivale by car, train, or bus.

Property Types and Prices

In Nandivale and Lonavala, you'll find numerous property options. Here are some of the highlights:

• Villas and Houses: These are the most popular types. Ready-to-move-in villas do most of the transactions. Prices usually start around ₹2 crore and can go up to ₹3 crore for 3-4 BHK villas and serviced apartments.
• Price per Sq Ft: On average, in Lonavala, it's ₹11,277 per square foot. Prices range widely from ₹3,076 to ₹29,054 per square foot. While specific data for Nandivale isn't given, it likely falls within this range.
• Land: Land is also popular, making up about 20% of the market.

Amenities and Facilities

Many properties in Nandivale and Lonavala include:

• High-Speed Internet: Often essential for permanent residents.
• Housekeeping and Health Facilities: Available to meet resident needs.
• Clubhouses, Pools, and Gazebo Sitouts: Often featured in luxury villas.
• Proximity to Schools and Clinics: Locations typically close to schools and medical clinics.

Market Trends

• Demand: Many are coming to Lonavala for second homes, from Mumbai, Pune, Gujarat, and even NRIs. There’s a growing trend towards permanent relocation.
• Seasonal Trends: June is key for the real estate market as buyers register second homes during the monsoon.
• Rental Yield: Around 10%-15%, making it appealing for investors.

PropertyWala's Conclusion

Nandivale, part of greater Lonavala, presents a thriving real estate market for both investors and buyers. Scenic landscapes, easy access, and ample amenities make it ideal for second home purchases or permanent moves. Demand and rental yields appear promising. Still, buyers should check price trends and market conditions for an informed choice.