Khopoli
Khopoli, an industrial town nestled between the Sahyadri mountains and the Arabian Sea in Maharashtra, India, known for its picturesque surroundings and amusement park.
About the location
Overview
Khopoli, once a colonial town during the British era, has grown into a bustling industrial hub thanks to its strategic location between Mumbai and Pune. It is nestled amidst the Western Ghats, giving it a unique geography of lush valleys and towering mountains. Its significance also lies in being home to India's first private sector power station.
The Lifestyle
Khopoli is a vibrant community with a mix of people from different cultures, primarily Marathi-speaking locals and migrant workers from various parts of India working in the industrial units. The lifestyle is a blend of traditional Marathi culture and modern urban conveniences, with festivals like Ganesh Chaturthi and Diwali celebrated with zeal.
Attributes
Industrial Hub | Proximity to Mumbai and Pune | Natural Beauty | Adventure Sports | Affordable Real Estate | Excellent Connectivity
You're sure to adore
The unique blend of industrial development and natural beauty makes Khopoli special. From the scenic beauty of the Sahyadri hills to the modern amusement parks and adventure sports facilities, there's something for everyone in Khopoli.
The Market
The real estate market in Khopoli is growing, with properties ranging from affordable housing to luxury villas. The price ranges from INR 2,500 to 5,000 per square foot, and the area has seen a significant growth due to its strategic location and industrial development.
Connectivity
Airport
The nearest airport is Chhatrapati Shivaji Maharaj International Airport, Mumbai, approximately 80 km away.
Bus
Khopoli is well connected by MSRTC buses to Mumbai, Pune and other nearby towns.
Train
Khopoli Railway Station, part of the Mumbai Suburban Railway on the Central Line.
Road
Located on the Mumbai-Pune Expressway, National Highway 48, it offers excellent road connectivity.
Social Infrastructure
Educational Institutions
Smt. Kamaladevi Gauridutt Mittal College of Arts and Commerce, Zenith School, and St. Xaviers High School are notable educational institutions.
Hospitals
Khopoli has several reputed educational institutions like the Sahyadri School and Seth Hirachand Mutha College. For healthcare services, there are hospitals like the Tata Power Hospital and Dhirubhai Ambani Hospital.
Crime Rate
The crime rate in Khopoli is relatively low compared to other industrial towns, with occasional reports of petty crimes.
Geography
Soil
The soil in the region is lateritic, suitable for agriculture and plantation crops.
Topography
The town is located in the foothills of the Sahyadri ranges, with hilly terrain and valleys.
Altitude
Khopoli is situated at an approximate elevation of about 80 meters above sea level.
Flora & Fauna
The region is rich in tropical flora and fauna, including mango trees, birds like kingfishers, and occasional sightings of leopards.
Climate
Season at a Glance
The climate is tropical, with heavy monsoons, pleasant winters, and hot summers.
Rainfall
Average annual rainfall is approximately 2000 mm.
Temperature
The temperature typically ranges from 20°C to 38°C throughout the year.
Real Estate Trends
Rental Yield
Residential properties yield about 3-4% rental return.
Capital Appreciation
Properties have seen a capital appreciation of about 5-7% annually in recent years.
Average Price per sq.ft
The average price per sq.ft. for residential properties is around INR 3500 to 4000.
Demand & Supply Dynamics
There is a growing demand for residential and commercial properties, with ample supply from local developers.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
Residential properties, Bungalows, Farmhouses with approximately 30-40 Airbnb listings.
Revenue Potential
Potential annual revenue from property investment can range from INR 2-5 lakhs, depending on the property type and location.
Occupancy Rate
Average occupancy rate for rental properties is around 75%.
ADR
Average Daily Rate for Airbnb properties is around INR 2,000 to 3,000.
RevPar
Revenue Per Available Room (RevPAR) ranges from INR 1,500 to 2,250.
Investment Guide
Invest in properties close to industrial areas for rental income | Consider properties near natural attractions for holiday home investments | Keep an eye on future infrastructure developments which can boost property prices.
Places to Visit
30 km I A scenic waterfall with a strong water flow, especially beautiful during the rainy season. It is a popular destination for nature enthusiasts and travelers seeking serenity
30 km I A spiritual center known for its serene atmosphere and connection to nature
45 km | Picturesque monsoon cascade popular for hiking and swimming
30 km I A scenic waterfall with a strong water flow, especially beautiful during the rainy season. It is a popular destination for nature enthusiasts and travelers seeking serenity