India's Best Vacation Home Destinations
Bangalore: Owning a vacation home sounds attractive and tempting, yet you need to decide whether investing in such a property will be a good investment option or will it just boost your lifestyle. Below listed are few places which have emerged as an ultimate location to buy vacation homes.
Lonavala real estate market is witnessing healthy growth and is becoming a preferred destination among second home buyers. A small town and a hill station, Lonavala situated between Mumbai and Pune, has become one of the most sought-after location with lush greenery and tranquility. The best way to access Lonavala is through the expressway. The future real estate market of Lonavala seems to be optimistic and if planned out properly, Lonavala may become the centre of Mumbai and Pune.
“Lonavala is by far a favourite with Mumbai residents and there is a good supply in the pipeline of row-houses and bungalows by leading players. There is also a healthy demand for plots in Lonavala. The prices for row houses range from 1 crore to 2.5 crore, for bungalows from 1.5 crore to 4.5 crore and for plots from 25 lakh to 1 crore,” said Om Ahuja, CEO – Residential Services, Jones Lang LaSalle India, reports TOI.