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Under Construction & New Projects in Dasturi Khandala, Khandala, Lonavala
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About Properties In Dasturi, Khandala, Lonavala for Sale
Overview of Lonavala
- Lonavala is a leading and popular hill station in the Pune district.
- Located at a distance of 64 kms from Pune and 96 kms from Mumbai.
- Well-situated at an altitude of 624 meters above the sea level.
- Home to the INS Shivaji, a premier technical training development for the Indian Navy.
- The pincode for Lonavala is 410401.
Residential Market Insights
- An average property price in Lonavala ranges from Rs. 5,500 to Rs. 10-500 per sq.ft
- It grows demand for second homes, weekend villas, and retirement properties.
- 2BHK apartments in Lonavala range from Rs. 45 Lakhs to Rs. 85 Lakhs.
- It offers a mix of bungalows, independent houses, and luxury villas.
- The emerging trend of gated communities and plotted developments is observed.
- Lonavala is preferred by buyers seeking second/vacation homes from Pune or Mumbai.
- It offers both RTMI and under-construction properties/homes.
- TATA Housing, Lodha, and Safal Builders are premium developers available in Lonavala.
Connectivity and Transport in Lonavala
- It is located directly on the Mumbai-Pune Expressway and the Mumbai-Bangalore Highway.
- Lonavala Railway Station is a convenient node between Mumbai and Pune.
- The Regular Maharashtra State Transport (ST) and private buses are available.
- Nearby towns connecting seamlessly include Khopoli, Karjat, and Talegaon Dabhade.
- The local commute is supported by autos and private taxi services.
- The nearest air connectivity is Navi Mumbai International Airport and Pune International Airport.
Social Infrastructure in Lonavala
- Schools in the locality include Don Bosco High School, VVS Gurukul, and Sinhgad Public School.
- Higher education options include Kohinoor-IMI School of Hospitality and Sinhgad Institute of Technology.
- Sanjeevani Medical Foundation, Kalpataru Hospital, and Parmar Hospital are situated in the locality.
- For shopping and leisure, the Lonavala Square Mall and Triose Plaza are available.
- Lonavala offers various high-end resorts, restaurants such as Mapro Garden, and local markets.
Employment Opportunities in Lonavala
- The local economy is driven by the hospitality and tourism industry/sector.
- Various resorts, restaurants, and amusement parks (Della Adventure Park) also create employment.
- Local businesses also support the economy of the locality (Chikki, Vada Pav, and franchises)
- Delivery networks such as Blinkit and Swiggy Instamart also create numerous opportunities
- Opportunities in commercial hubs, real estate, and construction (technicians, labours and maintenance roles) are also available.
- Industrial hubs in Talegaon and Khopoli support emerging employment opportunities.
Lifestyle in Lonavala
- A pollution-free mountain lifestyle with a serene environment to live in, away from urban chaos.
- It has access to trekking, mountain trails and waterfalls, peaceful and scenic views in the monsoon.
- A blend of Maharashtrian culture and modern high-end living.
- It serves vibrant weekends and bustling around the famous spots by tourists from Mumbai & Pune.
- It offers culinary richness with local delicacies and international cuisines by multi-tier restaurants.
Safety and Security in Lonavala
- Lonavala is a safe locality with well-lit and maintained roads.
- It serves police patrolling and has an active presence of Lonavala City & Highway Police.
- The locality is served by two police stations: Lonavala City Police Station and Lonavala Rural Police Station.
- The villas are gated and provide 24/7 security & CCTV surveillance.
- It is safe during the night due to night travel and higher tourist activity on main strips.
- The environment is peaceful, and locals are helpful to visitors and residents.
- The presence of the Naval base adds an extra discipline to the surrounding areas.
Development and Future Prospects in Lonavala
- Connectivity advancement via the Missing Link project on the Mumbai Expressway.
- The emerging demand for wellness retreats and senior citizen living communities.
- A focus on eco-tourism, sustainable infrastructure and robust development.
- An increasing demand for commercialization around spots like Bhushi Dam and Tiger Point.
Culture and Community in Lonavala
- An influx of tourists and Navy families brings in a multicultural environment to Lonavala.
- The Ganesh Chaturthi and other traditional festivals are celebrated with great favor.
- The local traders, hoteliers, and artisan Chikki makers hold a strong community presence.
- Religious landmarks such as the Ekvira Devi Temple, near the Karla Caves, Narayani Dham, and Sant Shri Gagangiri Maharaj Math in Khopoli are well-known.
Environmental Factors in Lonavala
- A temperate climate with robust scenic mountain views during the monsoon and cool winters.
- An abundance of greenery is present in the surrounding.
- There are waterfalls such as Kune and Bhushi, and lakes such as Pawana and Lonavala in the locality.
- A rich and elegant biodiversity with connectivity to the Karla and Bhaja Buddhist caves.
- The locality boasts lush hills that include Duke’s Nose and Tiger’s Leap.
Flat Configuration in Lonavala
- 1 and 2 BHK flats are popular for budget holiday homes.
- 3 and 4 BHK independent villas are preferred as premium assets.
- An emerging trend of Studio Apartments is available for solo travelers and investors.
- For customised bungalow construction, a high demand for plotted developments is observed.
Property Price Growth in Lonavala
- A consistent appreciation of 5-8% annually is observed in prime villa pockets/options.
- Later in the year 2020, the second home boom led to a significant surge in land/plot rates.
- The infrastructure and development along the Mumbai-Pune Expressway, Mumbai-Bangalore Highway continue to drive long-term capital gains.