Land for Sale Near Panhala Hill Station

99 Gunta Land for sale near Panhala Hill Station with view of Lake and Jyotiba Hill.  The calm, soothing, and pollution free environment is bound to awaken all your senses and reconnect you with nature. You can enjoy pleasant weather throughout the year.

Ideal location for farm house / cottages / weekend homes.

Location Details:

• 12 KM from Kolhapur city ,
• Next to Fort International Academy 
• Next to proposed Lake View Resort and Park.
• Direct Road Access. ( Kolhapur to Ratnagiri NH-204 )

See Map below

Breath taking views of fog covered hills at sunrise

Lake View from the land

Plots for sale: Prime Location Kolhapur (Srinivasa Nagar)

Land is in prime location; close to Airport , National Highway and many educational institutes.

Land is with clear Title and NA. 

Plot Sizes: 1000 sqft , 2500 sqft and 5000 sqft

Location Details:

Next to Dr. Kole Heart Hospital

1.5 KM from Kolhapur Airport. Easy access to National Highway NH - 4

1.5 KM from Shivaji University , KIT Engineering College, Shantiniketan School

3.5 KM from  5 Star MIDC and proposed IT Park.

See Map below

Breathtaking Konkan

100 acre land with breath taking views of natural forest, hills, water falls and dam. Land with Road and electricity access. Ideal for plantation and weekend gateway. 

Gearing for the Big Leap – Real Estate in Kolhapur

Kolhapur is a prosperous, unpolluted town, endowed with fertile soil, abundant water supply and a pleasant climate. From being an agricultural centre, it has progressed to the status of an industrial city, being the centre for textiles, automobile and ancillaries in the region. Kolhapur has the second highest number of industries in Maharashtra, accounting for 14.3% of the total. 

 Kolhapur has been endorsed as a prominent IT destination by the Maharashtra Government, with promoters and builders being urged to invest in projects in the city. To meet its objective, the Government has approved several projects that would reinvent the economy of Kolhapur. Investment in overall infrastructure has increased in last 3 years with projects to build New roads, Drainage and water treatment facilities. Environment for development of IT Park has improved with  overall better infrastructure , availability of skilled workforce.

Real Estate Investment Opportunities
Kolhapur provides good environment and opportunities for Real estate investment. Investors can expect good return on investment with investment in Land. Based on rapid growth of Pune, Thane, Nashik and Nagpur. Kolhapur provides excellent alternative for investment with strong infrastructure. Investors are looking at buying land in Kolhapur and hill stations like Panhala, Gaganbavada and Amba Ghat which have year round lovely weather.

Future : With its royal heritage, high quality human resources, highly successful local entrepreneurship,a rich and balanced educational system, abundance of water, good connectivity in terms of railway, roads and airport, easy access to water transport, rich forest and mineral resources will result into balanced economy in the future.

 

Land appreciates, Building depreciates.

When i meet group of people, I always ask if they invest in land or invest in apartment / commercial property. Most of the time i see people invest in residential apartments. I have few friends who have multiple apartments which they have bought for investment purpose. So which option is better?

Past and Current Trending

In the past and current trending category, land investments are quite excellent. In fact, the only thing in the history of the world that has been consistently rising is the price of land, because land ownership is a big part of life in much of the world today. For that reason, the trends over the past and the current amount of time show that land investments are great opportunities that for the most part will yield good returns ( much more than inflation % and bank saving rate ) in the past and in the present. Inflation % gives good indication of minimum expected return. 

Same is true for apartments but with lower percentage with few exceptions **. Quality of the apartment should be good otherwise value can depreciate quickly also Apartment needs to have all modern amenities otherwise cost to upgrade will be high. If apartment is not rented out then it may have maintenance issues and you will end up with EMI for empty apartment. Remember building always depreciates. Flats appreciate only because of the underlying appreciation of the undivided land but in the long run ( Perhaps after 10-15 years, depending on construction quality). If constructions quality is bad then only option is to destroy building and build new complex.

** Exceptions: Apartment in a location which can not be replaced like Marine Drive. Mumbai is landlocked so it has limitation but for Pune we have seen in last 10 years that city evolves every few years.

Conclusion

Land ( Plot ) always appreciates because of inflation; Apartment ( Building ) always depreciates. Investment in apartment is good if you are going to live in it or getting very good rent but if neither is true then it is a bad investment. Other alternative is to buy commercial real estate which can provide good rental income.

Share your thoughts and experiences.