Popular weekend getaway spots near Pune
Though Pune is known as India’s IT capital, it also boasts numerous attractive retreat places around 100 kilometres which draw visitors from across country.
For those, these are mostly weekend getaways, but for an opportunist, they are ideal investment opportunities. Given multiple active associated projects in Pune, transportation infrastructure will dramatically improve, and speedier commutes will lead to higher footfall, stronger real estate demand, and thus good returns on investment (ROI). While real estate investment is on your radar, top weekend home destinations near Pune are listed below.
Kamshet
Kamshet, about an hour’s drive from Pune, provides a relaxing, pollution-free atmosphere, making it an ideal weekend getaway for those looking to unwind. Kamshet, also known as the Paragliding Capital of India, has a lot to offer a visitor. Karla Caves, Bhaja Caves, and Kondeshwar Temple are three of the most prominent tourist attractions in the area.
Kamshet has the capability to become a renowned real estate centre in the near future, thanks to increasing residential development by the industry’s top builders. Housing developments in Kamshet include GaganNulife, Weekender Country Songs, and NK Apurva Green Castle. Overall average property costs in Kamshet vary between Rs 4,000 to Rs 8,000 per sq ft, with 1 BHK and 2 BHK being most prominent investment options. It is due to the fact that most travellers only stay for weekends, therefore compact accommodations are ideal for them.
Connectivity is not an issue here, as it is only a few kilometres from Lonavala Railway Station and 60 kilometres from Pune Airport. In addition, a specialised public bus services runs between Pune and Mumbai and Kamshet.
Mahabaleshwar
Mahabaleshwar is among Pune’s top preferred weekend getaway destinations. Countless people have invested in this region in the last decade because it is a popular tourist destination. Investors continue to favour private plots because the majority of people seek to personalise their residences.
The government’s upcoming ‘New Mahabaleshwar’ development program, which is aimed at encouraging spiritual, adventurous, and recreational tourism in the region, would have an even greater impact on real estate demand in Mahabaleshwar. Considering the investment cost, residential land costs in Mahabaleshwar range from Rs 150 to Rs 1,600 per sq ft, based on the area. Land values, on the other hand, would skyrocket once the ‘New Mahabaleshwar’ development project is completed.A house in Mahabaleshwar costs between Rs 80 lakh and Rs 1 crore to complete.
Mulshi
Mulshi, a popular tourist destination about 40 kilometres from Pune, has seen an increase in real estate investors as a result of economical and mid-ranged property alternatives. Mulshi Dam, Tamhini Ghat, and Mulshi Lake are among the prominent attractions, providing visitors with a relaxing environment.
“As an eco-tourism location near Pune, Mulshi draws numerous visitors throughout Maharashtra and Gujarat, particularly during the monsoons specailly when the weather is good. With the vicinity of the Mumbai-Pune Highway, taking Maharashtra State Road Transport Corporation buses to Mulshi is a piece of cake. Mulshi’s real estate market is dominated by residential plots and villas, however there are numerous builder projects in the works.The property value in this area is currently between Rs 2500 and Rs 5000 per sq ft.”
All of the regions mentioned above are good investment options as well as great weekend getaways near Pune. As a result of their popularity, homes in these areas are likely to provide consistent capital appreciation and rental income. Kashid and Diveagar are two other popular weekend spots near Pune. These places, which are known for their beaches and water activities, provide a diverse range of real estate options to investors. Whereas these areas are about 150-170 kilometres from Pune, they have excellent rail connections and access to personal buses, making travel in these areas a breeze.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.