Weekend vacations have been more alluring over the years despite the stressful, fast-paced lives of major cities. Not just tourists but also real estate investors have been mesmerized by the exquisitely constructed residences with panoramic vistas and state-of-the-art facilities. After the epidemic, this trend has intensified, especially close to Mumbai, which is well-known for having a wide variety of vacation spots.
The weekend home locations in Mumbai now provide an ideal setting for investors to work and unwind thanks to the quick real estate growth by reputable developers. Experts predict that the Return on Investments (ROIs) anticipated from such improvements would be multifold in light of the expanding tourist industry and planned infrastructure projects, like the Mumbai-Pune High-Speed Train and Mumbai-Pune Hyperloop, among others.
Lonavala
Lonavala is the most well-liked weekend location close to Mumbai. This hill resort, which is around 85 km distant, is a great vacation spot for Mumbai residents seeking to get away from the hectic city's crowds. In addition to being accessible through the Mumbai-Pune Expressway and the Mumbai-Bengaluru Highway, Lonavala is a significant station on the Pune Suburban Railway line that runs between Mumbai and Pune.
Lonavala is an ideal vacation spot since it has excellent weather and stunning vistas of the Western Ghats. Regarding the real estate sector, Lonavala offers a wide range of residential options, including flats, independent builder floors, and villas. However, according to experts, larger residential spaces, including 3 BHK and 4 BHK homes, would be better from the perspective of investments. Since young professionals and students make up the majority of visitors to this area, they frequently travel in groups and rent bigger places to spread out the expense of housing. Lonavala is well known for hosting business gatherings. Serviced flats are therefore quite common in this area.
A sufficient number of pieces of developable land are available in the neighbourhood. Given its strategic position and rising investor interest, Lonavala's land values have risen dramatically and are expected to climb by 15–25% over the next several years.
Karjat
About 70 miles from Mumbai, Karjat is a well-liked location for hikers and wildlife enthusiasts. The greatest hikes in Karjat include the Matheran Trek through Rambagh Point, the Peth Fort Trek, and the Chanderi Fort Trek. The greatest time to visit this part of Maharashtra, which is practically in the backyard of Mumbai, is during the monsoon season. Karjat, which is part of the Mumbai Metropolitan Region, is easily accessible through the Mumbai-Pune Expressway and the Mumbai-Pandharpur Road (MMR). In addition to having a designated station, Karjat lies nine kilometres away from Palashar.
Karjat is most known for its inexpensive lodgings. Nearly 40% of the available housing in Karjat is made up of 1 BHK layouts and studio flats up to 400 square feet, followed by 2 BHK constructions. Homes in Karjat typically cost between Rs 15 and 30 lakh and Rs 35 and 60 lakh, respectively.
Following the construction of the future Sea Over Bridge and Trans Harbor Link between Sewri, Mumbai, and Navi Mumbai, the popularity of Karjat would dramatically increase. The State government's approval of Local Growth Centers (LCG) to build out Karjat's social and physical infrastructure will also have a significant impact on the region's investment potential.
Source from: navimumbaihouses
