Kunegaon
Kunegaon, a serene and scenic hamlet, perfect for nature lovers and adventure enthusiasts.
About the location
Overview
Nestled in the mountainous region of Maharashtra, India, Kunegaon is a small, picturesque village known for its lush, green landscapes and peaceful atmosphere. Its history is intertwined with rural Indian culture, while its geography is marked by beautiful hills and verdant forests. As a part of Khandala's popular tourist circuit, Kunegaon holds a significant place in the region's tourism industry.
The Lifestyle
The lifestyle in Kunegaon is laid-back and serene, reflecting the simplicity of rural India. The community is welcoming and warm, with a population majorly engaged in farming and tourism-related activities. The local festivals and gatherings often showcase the rich cultural heritage of the region.
Attributes
Scenic Beauty | Adventure Activities | Friendly Community | Rich Culture | Tranquil Lifestyle | Tourism Hotspot
You're sure to adore
Kunegaon is a tranquil, scenic village situated in the verdant Sahyadri ranges of Maharashtra, well-known for its serene environment and the breathtaking Della Adventure Park.
The Market
The real estate market in Kunegaon is developing, with prices ranging from INR 3,000 to INR 5,000 per sq ft. Given the location's popularity among tourists, the market is perceived to have strong growth potential, especially in the hospitality sector.
Connectivity
Airport
The nearest airport to Kunegaon is Pune International Airport, approximately 77 km away.
Bus
Kunegaon is well-connected to other cities via the Maharashtra State Road Transport Corporation (MSRTC) buses. The nearest bus stand is in Lonavala, about 5 km away.
Train
The nearest railway station is in Lonavala, which is a major stop on the Mumbai-Pune railway route.
Road
The village is accessible via the Mumbai-Pune Expressway, one of India's busiest and most important highways.
Social Infrastructure
Educational Institutions
While Kunegaon has basic educational and healthcare facilities, major institutions like Orchid's International School and Lohia Jain IT Park Hospital are located in nearby Pune.
Hospitals
The nearest major hospital is the Sanjeevani Hospital in Lonavala.
Crime Rate
The crime rate in Kunegaon is relatively low, reflecting the peaceful nature of the rural community.
Geography
Soil
The region has lateritic soil, suitable for the growth of a variety of crops and vegetation.
Topography
Kunegaon is nestled in the Sahyadri ranges, characterized by hilly terrain and lush green landscapes.
Altitude
Kunegaon is situated approximately 622 meters above sea level.
Flora & Fauna
The region is rich in diverse flora and fauna, including a variety of birds, insects, and plant species.
Climate
Season at a Glance
Summers (March to June) are warm, monsoons (June to September) are wet and lush, and winters (October to February) are mild and pleasant.
Rainfall
The region receives heavy rainfall, averaging around 3000 mm annually.
Temperature
The temperature in Kunegaon ranges from 12°C in winter to 35°C in summer.
Real Estate Trends
Rental Yield
The rental yield in Kunegaon is estimated to be around 3-4% annually.
Capital Appreciation
The area has seen a capital appreciation of approximately 5-7% in the last few years.
Average Price per sq.ft
The average price per sq.ft in Kunegaon is approximately INR 3,500 to INR 4,000.
Demand & Supply Dynamics
The demand for properties in Kunegaon is moderate, with most demand coming from those seeking second homes or holiday homes.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are about 50-60 Airbnb listings in Kunegaon, mainly holiday homes and villas.
Revenue Potential
The revenue potential is high during the tourist season, particularly during weekends and holidays.
Occupancy Rate
The average occupancy rate for rental properties is around 60-70% annually.
ADR
The average daily rate (ADR) for Airbnb properties in Kunegaon ranges from INR 2000 to INR 5000.
RevPar
The revenue per available room (RevPAR) is approximately INR 1200 to INR 3500.
Investment Guide
1. Investing in hospitality properties can yield good returns due to the high tourist influx.
2. Land investments for future residential developments can be a good option.
3. Investments in adventure tourism can also be lucrative given the region's potential.
Places to Visit
38km | Scenic lakeside destination with boating and camping
17 km | Ancient Buddhist rock-cut cave complex and pilgrimage site.
11.2 km | Iconic monsoon picnic spot amidst hills.
38km | Scenic lakeside destination with boating and camping