t’s not just humans that exhibit indications of regional bias, it’s the case with property rates too! It doesn’t come to us as a surprise for property rates has displayed fawning penchant for escalation in Kolhapur. Since the city is situated pretty close to Mumbai, Kolhapur property rates have been going up significantly in the recent times. It is situated on the shores of the famous river Panchaganga. Kolhapur real estate market offers extensive types of properties ranging from duplexes, 2, 3, 4BHK flats, plots, homes, bungalows, along with massive trade centers, office spaces and commercial complexes.
The property rates in Kolhapur are lower in comparison to rates in Mumbai and neighboring property markets. As a result, the city has been successful in drawing many property buyers who are looking forward to purchasing a property in accordance to their budget, needs, convenience and comfort. A piece of land in Kolhapur costs less than 1/10th of the cost of the same dimension of land in Mumbai.
Since the demand for housing solutions is increasing at a good pace, many potential real estate builders and developers are entering into the market with tons of commercial and residential projects planned on paper. Suraj Estate developers, Naik Navare and Associates, Prestige Developers, Paranjape Schemes and Cybercon Developers are some of most prominent real estate companies operating in Kolhapur, at present.
Upcoming Projects in Kolkapur
There are numerous residential projects coming up in the Kolhapur real estate market, including Royal Nest, Paarijaat Residency, Royal Residency, Royal Court, Srinavasa, Pinnac Prasad & Shiv Shakti Heritage, and Shashi Park, providing a large scale of options to home seekers in the city.
This city is one of the major upcoming IT hubs in modern India, so it has allowed growth of a large number of IT parks at various locations across the city. Some of the major newly created IT parks in the region include Synthesis, Vertex, M & S Royal, Renupooja and Lakeside; all these new IT parks are turning out to be promising grounds for several IT and Software-related companies functioning in the city.
Even MIDC is working on many new projects to set up commercial complexes for the development of textile and IT industries in Kolhapur. Likewise, in the area of Kagal-Hatkangale, a dedicated Silver Zone is also being established in order to use the dedicated workmanship of many local artisans. Other newly