About Property
The total plot area is approximately 1100 square meters (around 11,800 sq ft). The property previously had a 5000 sq ft bungalow, which has already been demolished, offering a clear and ready-to-develop land parcel for immediate planning and construction.
This property is ideal for commercial development, especially in the hospitality and retail sectors. As per a conceptual plan, the plot has the potential to accommodate a boutique hotel of approximately 25 rooms along with around 10 retail shops. The proposed development will need approvals from local authorities. Its strategic location in a high-tourism zone makes it attractive for investors and developers looking to capitalize on steady visitor traffic.
The expected price for this property is ?7 crore, with scope for negotiation for serious buyers. This offering is best suited for investors, builders, and hospitality businesses seeking a high-potential project in the Khandala–Lonavala tourist belt.
Premium commercial plot available for sale in the thriving business district of Lonavala, strategically located in the highly sought-after Khandala area. This expansive Plot area of 1100 Sq.Meter commercial plot provides ample space for diverse business ventures and development opportunities. Part of the acclaimed Khandala development, ensuring world-class infrastructure and premium investment potential for discerning buyers. The plot boasts excellent East orientation, maximizing natural light exposure and creating ideal conditions for commercial construction. Enjoy stunning Main Road view that enhances the property's aesthetic appeal and future commercial value significantly. This commercial plot represents an exceptional investment opportunity in one of the city's most dynamic business corridors. The location offers tremendous growth potential with excellent accessibility and modern infrastructure development surrounding the area.
Property Close to / Landmark : Near Kamath Hotel.
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Khandala, Lonavala
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Khandala - Lonavala
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