Panchgani is situated at a distance of 285kms from Mumbai and at a distance of 100kms from Pune. This place is surrounded by five hills of Sahyadri mountain ranges and the river Krishna flows by it. Panchgani is one of the most famous tourist destinations of Maharashtra. The government of Panchgani is now making efforts to change this fascinating destination into an eco friendly tourist spot which has positively affected the property rate in Panchgani.
The beautiful town of Panchgani was discovered by the Britishers; hence all the houses and structures here bear a resemblance with the British architecture. Panchgani is a favorite vacation spot for many. Some of the well to do Mumbai residents build their holiday homes in this area. The development of commercial property is going on in the full swing in this area. There are numerous hotels, resorts and guest houses coming up, as this is the demand of the area.
Many people, who wish to escape from the hustle and bustle of the city life, find solace in the environment of Panchgani. Moreover, Panchgani also proves to be an ideal home for the people who wish to settle in a peaceful atmosphere for their after retirement life. All these factors have led to real estate development in Panchgani at a greater speed.
Today, there are various real estate agents who are dealing in land & plots in Panchgani. There are a variety of commercial and residential projects coming up in this region that are developed with all the world class amenities and facilities. Now, the traditional building style of the region has given way to the modern way of construction. Apart from the, the facilities like home loan and insurance is also readily available in Panchgani that has further brought a boom in the Property Market in Panchgani.