Roha
A serene hill station known for its picturesque landscapes, and a thriving real estate market.
Location Information
Overview
Roha, a part of Lonavala, is a hill station in the Pune district of Maharashtra, India. Founded by the British in 1871, it is known for its cool climate, lush greenery, and stunning views of the Sahyadri mountain range. The hill station is a popular weekend getaway and a significant location for the Mumbai and Pune film industries.
The Lifestyle
The lifestyle in Roha is peaceful and laid-back, reflecting the serenity of its natural surroundings. The community is a blend of locals and city-dwellers who have made this their second home. The culture is rich, with local festivals and traditional foods playing a significant part in the community's life.
Attributes
Scenic beauty | Thriving real estate market | Proximity to Mumbai and Pune | Vibrant local culture | Rich flora and fauna | Cool climate
You're sure to adore
Roha, Lonavala is a serene getaway with picturesque landscapes and an array of activities to engage in.
The Market
The real estate market in Roha is booming, with prices ranging from INR 3,000-6,000 per sq.ft. The market has seen substantial growth in the last decade due to an increase in demand for holiday homes and investment properties.
Connectivity
Airport
The nearest airport to Roha, Lonavala is Pune International Airport, approximately 70 km away.
Bus
Roha is well-connected through a network of buses, with the Roha Bus Station providing regular services to various cities.
Train
Roha is well-connected through a network of buses, with the Roha Bus Station providing regular services to various cities.
Road
Roha is well-connected through a network of buses, with the Roha Bus Station providing regular services to various cities.
Social Infrastructure
Educational Institutions
Prominent educational institutions include St. Mary's High School and D.Y. Patil College. Hospitals in the area include Roha Hospital and Multispeciality Centre.
Hospitals
The city has several healthcare facilities including Roha Hospital and Anand Clinic.
Crime Rate
The crime rate in Roha is relatively low, making it a safe place for families and tourists.
Geography
Soil
The soil in Roha, Lonavala is predominantly lateritic in nature, perfect for cultivation of rice and vegetables.
Topography
Roha is characterized by undulating hills with lush greenery and numerous waterfalls.
Altitude
Roha, Lonavala is located at an altitude of approximately 624 metres above sea level.
Flora & Fauna
The region is rich in biodiversity with a variety of birds, insects, and vegetation including teak, bamboo, and mango trees.
Climate
Season at a Glance
The best time to visit Roha, Lonavala is during the monsoon (June - September) and winter (November - February) seasons when the weather is pleasant.
Rainfall
The average annual rainfall in Roha, Lonavala is approximately 4000 mm.
Temperature
The temperature in Roha, Lonavala varies from 12°C in winters to 36°C in summers.
Real Estate Trends
Rental Yield
The average rental yield in Roha, Lonavala is around 3-4% annually.
Capital Appreciation
The real estate market in Roha, Lonavala has seen a capital appreciation of around 5-6% in the past year.
Average Price per sq.ft
The average price per square foot for residential properties in Roha, Lonavala is Rs. 5000 - Rs. 7000.
Demand & Supply Dynamics
Roha's real estate market is experiencing dynamic shifts. While demand remains robust, driven by its strategic location and industrial growth, the supply side has seen fluctuations. Notably, property rates in Roha have witnessed a significant decline of 41.64% over the past year, indicating potential opportunities for investors seeking entry at lower price points
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are approximately 200 AirBnb listings in Roha, Lonavala, mostly comprising of villas and apartments.
Revenue Potential
Considering the tourist footfall and property rates, the revenue potential for rentals in Roha, Lonavala is high.
Occupancy Rate
The average occupancy rate for rental properties in Roha, Lonavala is around 60-70% annually.
ADR
The average daily rate for Airbnb listings in Roha, Lonavala is around Rs. 4000 - Rs. 5000.
RevPar
The Revenue Per Available Room (RevPAR) for Airbnb listings in Roha, Lonavala is around Rs. 2000 - Rs. 3000.