Unlike other
upcoming holiday
home destinations in the vicinity of Mumbai and Pune, Lonavala has
always been considered as one of the best holiday home destinations to invest.
Why we recommend Lonavala to our readers is because of the fact that this
picturesque hill station is located in the Sahyadri range and is only 2 and
half hour’s drive from Mumbai has everything you can ask for when you are on a
vacation. It is at a distance of just 96 km from Mumbai and just 64 km from
Pune, making it easily motorable and accessible from both these cities. Lonavala
also has a major railway station on the Mumbai-Pune line and hence, can be
easily accessed by taking a train too.
The Lonavala property
market is booming due to several reasons, the foremost reason being the hill
station’s proximity to Pune and Mumbai. The hill station sees a great flow of
tourist traffic throughout the year which has led to considerable development
of the real estate market with considerable demand for holiday homes, private
bungalows, villas and apartments.
Why You should Seriously Consider Buying a Holiday Home in Lonavala:
So, imagine owning a
holiday home in this hill station! You can take a trip to this weekend getaway,
with minimal expense and without the headache of having to make any hotel
booking.
Plus, if you’re a holiday
home owner, has the thought crossed your mind that the hundreds of visitors who
come to Lonavala can be your prospective customers? And that’s not all! You can
get your holiday home to pay your monthly home loan EMI too! In a nutshell,
owning your own holiday home in Lonavala gives you freedom as well as extra
income. Wondering how? Read on…
Due to the proximity of
Lonavala to cities like Pune and Mumbai, there is a booming rental property
market in Lonavala, with many people looking for rental homes to come and spend
holidays here instead of staying in a hotel. Today Lonavala villas or bungalows
as well as 1BHK to 3BHK apartments are commonly available for short-term rent
for tourists who come to spend their weekend here.
While, on one hand after
the initial investment of buying and furnishing your property, you and your
family can enjoy breaks all the year round, on the other hand when you are not
staying in your house, you can let guests come and stay. Since Lonavala witness
huge number of visitors the year around, getting guests is not difficult at
all.
Today some of the best
developers/builders dealing in holiday homes in Lonavala are designing
properties which are contemporary, relaxing and replete with cushy comforts,
allowing you to provide your guests the opportunity to rejuvenate their senses
in a serene, green environment.
In the current scenario,
the time is right for genuine buyers to acquire a second home in Lonavala
because there is a wide choice of properties to choose from, depending on one’s
budget. Moreover, there is a booming demand for holiday homes in Lonavala owing
to the fact that it makes for a viable economic investment for the buyer as
well as the developer.
Buyers who have bought
holiday homes in Lonavala have seen handsome returns on their investment by
letting out their properties to guests. The prices of properties are pretty
competitive compared to other hill stations in the country due to low
construction costs, easy availability of labour and construction material. Plus
in many other hill stations in India, there are many restrictions for outsiders
buying property, unlike in Lonavala where the restrictions are not many. Today
there are several bungalows on rent in Lonavala which are being rented by guests
for holidaying here.
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