Government of Maharashtra has identified the valley comprising of the Sahyadri range as the ridge on the western side and the national highway number 4, as the eastern boundary to be developed as the Lake District of Maharashtra. The climatic conditions in this region are moderate and pleasant throughout the year. As a part of the phased development of Western Ghat, which has a plethora of historical places, forts and pilgrim centers, MSRDC has initiated the development of the region from Mahabaleshwar to Koyna backwaters and Patan as New Mahabaleshwar Hill Station. The region,
has been identified so as to cover the most beautiful natural scenic locations, important historic places and thick green plantations. The climate in the region is pleasant throughout the year with the temperature of the area in the range of 15.8 degree centigrade to 31.8 degree centigrade. The main advantage of this region is the proximity to metro centers such as Mumbai and Pune. The cost of the project is Rs. 6800.0 million rupees.( USD 139.0 million) as per base year 2003. Plot 35 rupees per square feet.
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