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Lonavala, Pune
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Lonavala

A town and hill station in Pune district, Lonavala is one of the tourist attractions in Maharashtra. It is approximately 64 kilometres away from Pune and about 95 kilometres from Mumbai. The city had been a part of the Yadav dynasty and was also ruled by the Mughals. Lord Elphinston, former governor of Bombay Presidency discovered the twin hill stations of Lonavala and Khandala. The term ‘Lonavala’ was derived from Sanskrit word Lonavli which means many caves. Economy, Industry &amp...

Lonavala

A town and hill station in Pune district, Lonavala is one of the tourist attractions in Maharashtra. It is approximately 64 kilometres away from Pune and about 95 kilometres from Mumbai. The city had been a part of the Yadav dynasty and was also ruled by the Mughals. Lord Elphinston, former governor of Bombay Presidency discovered the twin hill stations of Lonavala and Khandala. The term ‘Lonavala’ was derived from Sanskrit word Lonavli which means many caves.

Economy, Industry & Employment

Since ancient times, Lonavala had been an important place for traders. Presently, the city is being developed with many developers and investors coming here for business. It is a tourism hub in the state of Maharashtra and hospitality sector is a major contributor in the city’s economy. Apart from chikki business, pharmaceutical and plastic industries are some other important industries in Lonavala. Fortune-500 companies such Godrej and Hindustan Lever have their manufacturing units in Lonavala.

Infrastructure

Lonavala is a fast-paced developing city in Maharashtra. It is home to INS Shivaji, Indian Navy’s Premier Technical Training Institute. It is also a major stop to connect Mumbai and Pune via railways. The Mumbai-Pune Expressway and the Mumbai-Chennai Highway pass through Lonavala. The city is well-connected through railways and local trains ply from Pune every 2 hours. Indian Air Force station is located at Aamby valley City, while two airports in Mumbai and Pune are close to Lonavala. A seaplane service is also available between Juhu and Pawana Dam.

Real Estate in Lonavala

Lonavala real estate has witnessed a boom in the last few years. The property in Lonalva generally has villa-based projects. However, several developers are coming up with apartment-based projects as well in the city. As Lonavala is a tourist destination, it attracts investors to buy real estate including villas, farm houses and other residential property. The price of property in Lonavala has also seen a rise in the past few years.

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