Lonavala coming up as a second home destination: Realty experts
Lonavala, located between Mumbai and Pune and accessible through the expressway, has always been a popular weekend retreat among Mumbaikars.
Now, real estate experts like Jones Lang LaSalle India and Cushman & Wakefield have predicted a huge real estate potential in future for Lonavala.
Besides being a hill station, it enjoys excellent road and rail connectivity as well as infrastructural facilities like boarding schools, corporate training centres, spiritual retreats, alternative medicine centres and old age homes.
All this have projected a strong potential for second home market in Lonavala and a real estate boom in the future. The place has always been favourite with Mumbai residents and there is a good plethora of row-houses and bungalows by leading players are in the pipeline.
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