Business and Economy of Lonavala
During the monsoon, the peaks at Lonavala seem to go beyond the skies and the waterfalls caress the rugged mountains and race down to touch the valley. A blanket of woolly clouds surrounds everything and the dew might just settle on oneself. This paradise-like stretch makes it perfect to getaway from daily stressful routine.
Call it a vacation home, personal retreat, or a home away from home — the second-home market in Lonavala is mustering up for developers and investors.
As a result of increasing popularity of Lonavala, Architectural and interior design consultancy firm, Della Tecnica has invested around Rs 250 crore in its Luxury Second-home project at Lonavala.
Apart from second-home industry, chikki business, pharmaceutical industry and plastic industries are some of the industries that considers most of the economy of Lonavala. In order to offer a learning environment, opportunities, and inputs of global standards to the employee, a reputed pharmaseutical industry set up a training centre at Lonavala. Also, Fortune-500 companies like Hindustan Liver and Godrej has established their manufacturing plants in Lonavala.
Also, for the development of Lonavala, famous bollywood actor and actresses are coming forward and working for the cause of development of hill station.
Other than these industries, The Lonavala Mall, built by Dhanlaxmi Builders & Developers, is the only Mall in Lonavala. This Mall is strategically located in the heart of this hill town on the high street sprawling over 3 acres of land with lush green patches and beautiful landscaping.