Why to live in Panchgani
The majestic sight of Panchgani’s serene scenery in the Sahyadri Mountain ranges are a visual delight to tourists and it’s no wonder the hill station has the moniker 'Switzerland of India'.
At an altitude of 1387 metres above sea level, Panchgani's temperatures offer the much expected respite from the humid weather and polluted environment of many cities. The day time temperature in the summers scores a maximum of 31°C and makes it comfy with 20°C at night. The average winter temperature in the day is only 23°C, chilling down to 14°C at night.
The place is cosily located in the midst of five hills, the obvious reason behind it being called Panchgani where ‘Panch’ is interpreted as five and ‘Gani’ simply means hills. The hill station is surrounded by the five villages, namely – Dandeghar, Ambral, Taighat, Godavali and Khingar. The eponymous attraction of Panchgani is the Table land, a mountain plateau which is on the top of the five hills and the second longest in Asia. With nearby attractions aplenty, the rates of property in Panchgani are also attractive.
Buying & Rental Trends in Panchgani
There is a steady stream of tourists visiting Panchgani in all the seasons, with summer and monsoon periods witnessing high occupancy of the hotels. Most of the affluent class from Mumbai and Pune with a penchant for hill station properties have their priority set to watch out for a bungalow for sale in Panchgani.
The Panchgani - Mahabaleshwar road is touted to be the real estate hot spot with many properties being snapped up at good prices. Villas in Panchgani are an all-time favourite as they find immediate buyers.
Panchgani is quite well known for the many boarding schools with different affiliations. The positive fallout of which is many alumni of the schools with nostalgic memories visit the place periodically and always have an eye on the ads like sell property online in Panchgani to own a second home here. Ever increasing craze to admit the kids in the age old boarding schools by the high net worth individuals across western India has boosted the Panchgani residential property rental rates and due to this trend, the property owners let out their property within no time upon they post property ad for free online
Economy of Panchgani
The hilly town has made huge economical strides with the export of strawberries cultivated in the region. The waft of fresh strawberries fill the air and it is interesting to note that multiple products are derived from the fruit - pulps, extracts, jams and juices. All these are in demand within the country and abroad, as strawberry lovers wish being satiated with delicacies prepared from it.
Agro based cottage industries have developed in a phased manner. The recent additions are apiaries, floriculture and horticulture farms, besides common sights of dairy and poultry. Mushroom farming and silk worm rearing farms in Panchgani are trending now.
Tourism is the top money-spinner for the hill station. With many of the popular movies filmed in Panchgani’s picturesque locales, the avid film-buffs have a fondness to visit the place in reality. This invariably nudges some tourists to search a property for sale in Panchgani and settle in a place bedecked with beautiful waterfalls, gurgling streams and valleys with alluring greenery
Why to invest in Panchgani
About 3.5 to 4 million kgs of Strawberry is cultivated in Panchgani region each year which is over 70% of the strawberry production in India. In addition, it is known for growing Mulberries, Raspberries, Blueberries and Gooseberries supported by favourite climate, soil fertility and perennial rivers like Krishna flowing through this region - An Ideal hill station for agricultural revenue and food processing industry.
Panchgani along with the adjoining Mahabaleshwar region has been declared as Eco-Sensitive Zone under Environment Conservation Act, 1986 by the Ministry of Environment Forests. The rigid regulations prevent multiple properties proliferating in the town haphazardly and it also became one of the open defecation free city in India which demonstrates the farsighted value of investing in Panchgani.
Like Lonavala, Panchgani is one of a preferred second home destination to the city dwellers in Pune and Mumbai due to excellent connectivity. This tiny hill town is becoming a real estate hot spot for retirement homes and investment property due to its cleanliness, high standard of education and its pleasant weather throughout the year. Comprising an area of just 6.12 Sq. Km, at times, until you find the right property, trying out Panchgani bungalows on rent is a viable and valuable option.