Delhiites’ Favourite Second Home Destination – Kullu

Kullu Vs Delhi Real Estate

With exponential growth of population beating most of the projections made earlier and the bursting at the seams conditions prevalent in Delhi, there is a strong aspiration for the occupants of the city to look for greener and pollution free pastures. Another major irritant is the staggering rise in the number of vehicles and the high percentage of new automobile owners entering the market every year that has contributed to the dangerous rise in pollution levels. A property for sale in Delhi would invite many bidders but question arises whether the health component is being compromised due to the threatening air condition level, wherein a property for sale in Kullu once bought is a place to rejuvenate. An important aspect to be considered is the property rate in Delhi is phenomenally high when pitted against the property price in Kullu. With daily commuting within the city taking a severe toll on health of residents the hill station real estate offers a veritable alternative especially for those who can work from home or afford to take frequent breaks.

House in Delhi Vs Kullu

A house for sale in Delhi is an upmarket locale like Greater Kailash has more admirers looking to make property investments and is priced in the range of Rs.50,000/sq.ft. A house for sale in Kullu has a rate quoted around Rs.2,500/sq.ft that makes it an extraordinary offer to be bought. The rising inflation has directly impacted the house price in Delhi sending it soaring higher further and beyond the reach of many. Instead of toying with the thought of buying a house in Delhi, the huge sum can purchase a larger property in the Kullu region.

Villa in Delhi Vs Kullu

As residents of Delhi most of the people are employed in the government sector and are closely connected to the corridors of power. Among them those in the upper echelons of power have a strong craving to own villas as a display of their status. A villa for sale in Kullu in an area like Bajaura comes for a price in Rs.4200/sq.ft but the villa price in Delhi in luxury areas like Paschim Vihar goes for an astronomical price of Rs.48000/sq.ft. It is simply prudent to invest a good sum in the hill station as the location offers respite in the summer season. The amount saved by purchasing a villa in the hills can be invested in interior design or furnishing of the property.

Flat in Delhi Vs Kullu

In keeping with the trend of investing in real estate in order to achieve the ambition of owning a flat many couples buy apartment at the best opportunity. It also enables them to save on the tax component every month by way of paying the EMIs (Equated Monthly Instalment). Flats for sale in Delhi especially in the Safdarjung area have a price tag of Rs.25000/sq.ft which seems to be a high premium when observing the nominal rate of just Rs.5300/sq.ft in the Kais area of Kullu. A flat in Kullu also has high rental potential from the tourists who wish to enjoy a sabbatical in the hill station. The rate of purchase comes at the fraction of flat price in Delhi.

Plot for Sale in Delhi Vs Kullu

With the vision to build a house in the future, people go for purchasing plots. They also buy plots when there is surplus income in their profession as the realty value has a good appreciation. Plots in Delhi in the Yamuna expressway area comes at a rate of Rs.2000/sq.ft in comparison to the just Rs.1000/sq.ft in the Bajaura area of Kullu which is half of the Delhi plot price. The vast availability of land in the hill station has led to many plots in Kullu and with the Kullu land price at a low rate, it provides better value over a period of time.

Farm House in Delhi Vs Kullu

A farm house for sale in Delhi in the vicinity of Chattarpur has a rate of Rs.8000/sq.ft which is starkly higher than the price of farmhouse in Kullu at a measly Rs.1500/sq.ft depending on the extent of land and size of the house. The attractive price would kindle the investor spirits to go for a higher acreage.

Real Estate in Kullu

The Delhi real estate though has many advantages in terms of top notch infrastructure development, the price makes the investors to decisively to look at Kullu real estate which provides multiple advantages like Summer retreat, safe home during alarming Air Quality Index at Delhi, Social status enhancement and high return on investment.

In the past, people from Delhi exploring property in Kullu largely depended on local real-estate agents, friends or repeated visits to obtain property information. Online property-advertising platforms now enable interested users to search, view and compare advertised property information from different locations and connect directly with the respective property owners or other advertisers. Hills & Wills is an online property-advertising platform dedicated exclusively to hill-station properties across India, including Kullu. Its hill-specific listing fields allow advertisers to present relevant property particulars such as views, climate, altitude, terrain, access and water source. Interested users should independently verify their eligibility to purchase the property, its title, classification, permitted use, applicable restrictions and required approvals before proceeding.

Eligible property owners and other authorised advertisers in Kullu can post property advertisements under the available free or paid listing plans on www.hillsandwills.com to sell property online or advertise it for rent. Eligible real-estate agents, dealers and agencies may post multiple authorised property advertisements under the applicable listing plans, subject to the platform’s terms and legal requirements, including any registration required under applicable law. Project advertisements must include the applicable RERA registration particulars or a valid basis for RERA exemption.