Lonavla
Khandala continues to establish itself as a premium residential destination, characterized by consistent value appreciation and a strong preference for high-end villa developments. The market narrative is currently defined by significant growth in key micromarkets like Tungarli, where property values have surged by over 28% in recent periods. This upward trajectory underscores the area's enduring appeal to investors seeking luxury lifestyle assets within the scenic Lonavla region. Sustained interest in villa-style living continues to set the benchmark for local pricing, reinforcing Khandala's status as a high-value real estate hub.
As of June 2026, the average asking price in Khandala stands at ₹15,900 per sq ft. This figure reflects a steady upward trajectory in the local real estate market, having increased from ₹15,700 per sq ft in March 2026 and ₹13,500 per sq ft in December 2025, indicating sustained demand for property in this premium location.
The property market in Khandala has shown consistent growth, with the micromarket rate rising from ₹13,500 per sq ft in December 2025 to ₹15,700 per sq ft in March 2026, and further reaching ₹15,900 per sq ft as of June 2026. This consistent quarter-over-quarter appreciation signals strong investor confidence and a resilient market environment for those looking to acquire luxury or holiday homes in the region.
As of June 2026, the average asking price for villas in Khandala is ₹15,750 per sq ft. This rate has appreciated by 0.9% compared to the previous period, reflecting the premium nature of villa developments in the area and the continued preference of buyers for spacious, independent living options in this hill station locality.
Tungarli, a prominent neighbourhood near Khandala, currently commands an average asking price of ₹15,700 per sq ft as of June 2026. This rate represents a significant appreciation of 28.55% compared to the previous assessment period, highlighting Tungarli as a high-growth pocket that has become increasingly attractive for both end-users and investors seeking value within the larger Khandala real estate landscape.
