Opposing the very popular view that there is nothing to do in Mahabaleshwar, we found some very interesting places to visit.
The best accommodation you can find in Panchgani is Zostel. The Rooms are made out of discarded containers and the valley view is just astonishing. During off season, it will cost you 700/person and during the peak, around 1k/person per night. They also offer plenty of activities which won't let you get bored even for a minute.