Overview of Rao Colony, Lonavala

Location and Amenities

Rao Colony is in Lonavala, a renowned hill station famed for its picturesque beauty and comfortable weather. This area is well-linked and provides a variety of amenities like showrooms and rental spots, making it a practical choice for residents.

Property Prices

• Properties start at about ₹10,000 per sq.ft.
• The average price of properties stands around Rs. 10,757 per sq.ft.

Types of Properties Available

• Residential Flats/Apartments: Found in different settings including 1 BHK, 2 BHK, and 3 BHK.
  • Example: A 1 BHK flat could go for about ₹28 Lacs, priced at ₹6,087/sq.ft.
• Villas: Large 3 BHK villas spanning 3800 sq.ft can also be found.
• Residential Plots: Large plots, like one measuring 65340 sq.ft, are also available.

Real Estate Trends

• The property prices in Rao Colony show a stable trend, keeping the average price per sq.ft relatively stable.

Ongoing and Under Construction Projects

There are several ongoing and upcoming real estate projects in Rao Colony, offering plenty of choices for potential buyers.

PropertyWala's Final Thoughts

Rao Colony in Lonavala offers a worthwhile opportunity for people looking to dive into real estate. Its scenic location and diverse property options make it appealing. The area accommodates various needs and budgets with flats, villas, and residential plots. Given the relative steadiness of property prices, it's ideal for both newcomers and experienced investors. Nonetheless, doing a comprehensive market analysis and visiting in person is a good idea to truly understand the area before committing.