Why to live in Mahabaleshwar
Verdant forests and dense foliage punctuate the fabulous hill station of Mahabaleshwar. Replete with picturesque slopes, Mahabaleshwar too has earned the recognition of 'The Queen of Hill stationsin Sahyadri range' of mountains and with Panchgani it is known as Twin hill stations.
It is seated at an average altitude of 1353 metres with its expansive area of plateau and reaches its highest point at 1439 metres which goes by the name Wilson or Sunrise Point.Torrential rains are a common phenomenon in Mahabaleshwar with the average temperatures falling between 32°C to 18°C in the summer period. Winters record a temperature in the border of 25°C at day with night becoming cold at around 6°C. The pleasant weather tempts the visitors so much to buy bungalow in Mahabaleshwar.
Maharashtra’s one of the most famous hill station, Mahabaleshwar is the largest hill station in Sahyadri mountain range.The name Mahabaleshwar is actually a consolidation of three words epitomising the divine – Maha which means great, Bal is for power and Ishwar is none other than the God. It is the starting point of 5 famous rivers including the Krishna. At the times of British rule, the hill station doubled up as the summer capital of Bombay Presidency due to its natural beauty bounded by valleys on all its sidesand resembling European countryside.
Buying & Rental Trends in Mahabaleshwar
The hill station of Mahabaleshwar has its area comprising of three villages namely - Malcolm Peth, Old 'Kshetra Mahabaleshwar' and a considerable part of the Shindola village. A Mahabaleshwar villa with pool offers a lifestyle completely harmonised with the nature’s wavelength and befitting tribute to one's success in life.
In the 19th century, British attempted to recreate their nostalgic landscape of their native place and introduced plants from there in Mahabaleshwar. Soon, skilled people from different walks of life were settled in the hill station. The huge properties including the best villas in Mahabaleshwar were constructed in the later days.
The famous British era boarding schools in Mahabaleshwar is the back bone of its residential real estate rental market and also the reason behinddemand for flat, land or plot for sale in Mahabaleshwar. Not only the celebrities but the high net worth individuals of Mumbai also believes that it is a social status to them if their kids study thereand they wish to own their second home in Mahabaleshwar especially around these school regions.
Economy of Mahabaleshwar
The hill station has prospered economically from the large revenue generated by tourism. River Krishna is held in high spiritual esteem by the Hindus and draws hordes of pilgrims from many states. With scenic locales like waterfalls, streams and valleys and much more, Mahabaleshwar is a favourite among tourists in Maharashtraand fulfils the likes for all age groups in a family. Enchanted by its beauty some go ahead to purchase property in Mahabaleshwar. Adventure lovers who make a beeline for paragliding activity at Panchgani also visit Mahabaleshwar which is just 30 minutes drive away.
Strawberry cultivation is being done on a large scale like Panchgani. Quite recently the Kashmir variety of saffron had been planted in Mahabaleshwar on an experimental basis. It was followed by a rich harvest helped by multiple factors like high altitude, suitable soil and other favourable conditions. The spice plucked from the stigma of the flowers is one of the world’s most expensive and easily gets a handsome price of Rs.3 - 3.5 Lakhs/Kg in the Indian markets. The highly remunerative nature of farming has helped the locals themselves to buy any property for sale in Mahabaleshwar.
Why to invest in Mahabaleshwar
The town has a fair share of health infrastructure with many famous and specialty hospitals. The supportive climate and tranquil environment for healing encouragesmany to invest in Mahabaleshwar real estate which is an ideal destination for retirement life or settlement.
One of the important rivers of India, Krishna originates from the Mahabaleshwar region. With ample water sources and fertile soil, Mahabaleshwar is ideal for cash crops especially strawberry. About 85% of Strawberry in India is produced in this region and it got the Geographical Indication (GI) Tag as ‘Mahabaleshwar Strawberry’like Nasik grapes and Konkan Alphonso mangoes. GI tag denotes certain qualities and origin of Strawberry cultivated here leads to huge demand for Strawberry farm for sale in Mahabaleshwar.
The tourists are enthralled by fascinating views of the nature’s bounty from as much as 30 spots in Mahabaleshwar, magical climate and await consent from those who sell property online for developing gated community properties.
The sprightly feel offered by the hill station attracts many potential investors to narrow down on Mahabaleshwar when it comes to investment in Maharashtradue tolower property rates, quick appreciation and high return on investment. The emergence of many property portals online and the listing by sellers through post property ad for free made it easy for them to choose and buy their dream property.