{"id":7350,"date":"2025-08-22T06:27:58","date_gmt":"2025-08-22T06:27:58","guid":{"rendered":"https:\/\/housiey.com\/blogs\/?p=7350"},"modified":"2025-08-22T06:33:10","modified_gmt":"2025-08-22T06:33:10","slug":"rbi-puts-three-scenic-lonavala-bungalows-on-sale-for-%e2%82%b96-55-crore","status":"publish","type":"post","link":"https:\/\/housiey.com\/blogs\/rbi-puts-three-scenic-lonavala-bungalows-on-sale-for-%e2%82%b96-55-crore","title":{"rendered":"RBI Puts Three Scenic Lonavala Bungalows on Sale for \u20b96.55 Crore"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Reserve Bank of India (RBI) has invited bids for the sale of <\/span><b>three charming bungalows in Lonavala<\/b><span style=\"font-weight: 400;\">, a popular hill station near Mumbai, with a reserve price of <\/span><b>\u20b96.55 crore<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/housiey.com\/blogs\/rbi-puts-three-scenic-lonavala-bungalows-on-sale-for-%e2%82%b96-55-crore\/#Details_of_the_RBI_Bungalows\" >Details of the RBI Bungalows<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/housiey.com\/blogs\/rbi-puts-three-scenic-lonavala-bungalows-on-sale-for-%e2%82%b96-55-crore\/#As_per_the_tender_notice_issued_August_18_2025\" >As per the tender notice (issued August 18, 2025):<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/housiey.com\/blogs\/rbi-puts-three-scenic-lonavala-bungalows-on-sale-for-%e2%82%b96-55-crore\/#Why_Lonavala_Real_Estate_is_in_Demand\" >Why Lonavala Real Estate is in Demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/housiey.com\/blogs\/rbi-puts-three-scenic-lonavala-bungalows-on-sale-for-%e2%82%b96-55-crore\/#Lonavalas_Bollywood_Connection\" >Lonavala\u2019s Bollywood Connection<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Details_of_the_RBI_Bungalows\"><\/span><strong>Details of the RBI Bungalows<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Location<\/b><span style=\"font-weight: 400;\">: Near picturesque Lonavala Lake<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Plot Size<\/b><span style=\"font-weight: 400;\">: Over 3,800 sq. m (freehold land)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Structures<\/b><span style=\"font-weight: 400;\">: Ground + one floor bungalows, earlier used as RBI holiday homes<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sale Mode<\/b><span style=\"font-weight: 400;\">: <\/span><i><span style=\"font-weight: 400;\">\u201cAs is, where is\u201d<\/span><\/i><span style=\"font-weight: 400;\"> basis<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Reserve Price<\/b><span style=\"font-weight: 400;\">: \u20b96.55 crore<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Earnest Money Deposit (EMD)<\/b><span style=\"font-weight: 400;\">: \u20b910 lakh<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"As_per_the_tender_notice_issued_August_18_2025\"><\/span><strong>As per the tender notice (issued August 18, 2025):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Last date for property inspection: <\/span><b>September 8, 2025<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Last date to submit bids: <\/span><b>September 9, 2025<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buyers will need to clear all pending taxes with local authorities.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The sale process is being managed by <\/span><b>Cushman and Wakefield India<\/b><span style=\"font-weight: 400;\">, a reputed property consultant, through sealed offer bidding. According to sources, the RBI is liquidating assets as part of its broader strategy.<\/span><\/p>\n<blockquote><p><strong>Also Read: <em><a href=\"https:\/\/housiey.com\/blogs\/blogs\/shah-rukh-khans-society-gets-155-extra-space-after-redevelopment-what-other-homeowners-should-know\">Shah Rukh Khan\u2019s Society Gets 155% Extra Space After Redevelopment<\/a><\/em><\/strong><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Why_Lonavala_Real_Estate_is_in_Demand\"><\/span><strong>Why Lonavala Real Estate is in Demand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Located <\/span><b>100 km from Mumbai and 60 km from Pune<\/b><span style=\"font-weight: 400;\">, Lonavala is one of the most sought-after weekend getaways, especially during the monsoon and winter seasons. Known as a <\/span><b>second-home hotspot<\/b><span style=\"font-weight: 400;\">, the market here attracts buyers looking for villas, bungalows, and farmhouses.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Who buys here?<\/b><span style=\"font-weight: 400;\"> Primarily buyers from Mumbai, Pune, and Gujarat, along with several NRIs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Price trends<\/b><span style=\"font-weight: 400;\">: Villas in Lonavala can fetch <\/span><b>\u20b915,000+ per sq. ft.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Investment range<\/b><span style=\"font-weight: 400;\">: 3\u20134 BHK villas and serviced apartments start from <\/span><b>\u20b92\u20133 crore and above<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Rental yield<\/b><span style=\"font-weight: 400;\">: Approximately <\/span><b>10\u201315% gross<\/b><span style=\"font-weight: 400;\">\u2014a strong return for investors.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Lonavalas_Bollywood_Connection\"><\/span>Lonavala\u2019s Bollywood Connection<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Lonavala and nearby areas have long been a favorite among Bollywood celebrities:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Dharmendra<\/b><span style=\"font-weight: 400;\">: Owns a sprawling 100-acre farmhouse near Pawna Lake.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Salman Khan<\/b><span style=\"font-weight: 400;\">: Owns a farmhouse in Panvel, around 50 km away.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Suniel Shetty<\/b><span style=\"font-weight: 400;\">: Owns a second home in Khandala, 4 km from Lonavala.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Beyond Lonavala, other luxury second-home destinations like <\/span><b>Goa, Alibaug, Igatpuri, and Karjat<\/b><span style=\"font-weight: 400;\"> also attract celebrity buyers. For instance, <\/span><b>Suhana Khan (daughter of Shah Rukh Khan)<\/b><span style=\"font-weight: 400;\"> owns land in Alibaug.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) has invited bids for the sale of three charming bungalows in Lonavala, a&hellip;<\/p>\n","protected":false},"author":5,"featured_media":7351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[70],"tags":[2972],"class_list":["post-7350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-rbi-puts-three-bungalows-in-lonavala"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Puts Three Scenic Lonavala Bungalows on Sale for \u20b96.55 Crore<\/title>\n<meta name=\"description\" content=\"RBI to auction 3 scenic bungalows in Lonavala for \u20b96.55 crore. 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