Saturday, September 19, 2009

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.