Why to live in Kodaikanal
One of the blessed Hill stations, Kodaikanal – aptly meaning the ‘Gift of the Forest’, where hills and valleys covered with tall trees and plantations and cool breeze blows through it with the fragrance of the hills and the softness of silence – “The Princess of Hills”!
6998 feet above sea level, located at the eastward spur of Western Ghats, upper Palani hill range at Dindigul District Tamilnadu and near the border of Kerala State.
Summer average temperature fluctuating from 12.6°C to 20.9°C and the winter average temperature ranges from 9.7°C to 16.4°C or sometimes even lower, while the average rain fall during a year is over 1600 mm.
Abundance of greenery surrounded by serene lakes, woods and rocks overlooking the vast panoramic landscapes. Studded with an array of beautiful locations which are resident’s delight like the deep blue lake the most popular geographical landmark with a 5km periphery pathway, a gift to strollers and bicycle riders as they bask in the magic of nature and tranquility. The Botanical Park fondly called Bryant Park, the Dolphin’s Nose, Coaker’s Walk, Guna Caves add to the magic of this Hill Station. Not to miss the spotting of Bison, Deer, Panthers and Snakes in a forest range, just 20 km from Kodaikanal on the settings of the Berijam Lake.
Buy & Rental Trends in Kodaikanal
Properties in Kodaikanal with the hills & valleys view, scenic lakes, wooded areas, and ever pleasant weather conditions, are always a prerequisite for the privileged new age community for a Great Living and are rare to get and hot properties.
The demand to buy agriculture land in Kodaikanal is growing up due to the growing interest in cultivation of exotic produce amongst professionals, executives and high net worth individuals. The smaller piece of agriculture land less than 1 are normally costs more due to the increasing demand for construction of budget farm houses whereas bigger scale agri lands more than 5 acres size are available at cheaper cost per acre comparatively.
Demand for residential properties in Kodaikanal is ever increasing due to the increased price levels in the metros, soaring summer temperature in plains and increasing stress in city life. Kodaikanal property rates varies based on the category like Independent house, Villa, Residential Plot, Apartment, Farmhouse and the locality where it is situated –whether it is in the town or on the periphery of Kodaikanal and the amenities.
Commercial Properties, Resorts, Hotels and Lodges are rarely available for sale since it is the lively hood of Kodaikanal residents and when it comes for sale, they are hot cake in Kodaikanal realty.
Economy of Kodaikanal
Tourism has been and is still predominantly the major source of income and livelihood in Kodai. Though it was seasonal, the developments of the cities close by like Palani, Madurai and Coimbatore has increased the flow of tourists even through the non - peak seasons and especially during weekends thereby augmenting the revenues.
Considerable increase in allied business like the growing and export of superior quality plums, pears, Chile peppers, garlic, carrots and cauliflowers is one of the strong secondary sources of revenue. Not to forget the immense supply of Cypress leaves, a type of a conifer tree with a soft fragrance used in all exclusive floral decorations all over India and the world.
Cottage Industries produce handicrafts, home - made chocolates, Eucalyptus oil which are a trade mark products of this place. Superseding all this is the tremendous growth of the Real Estate in Kodaikanal.
Why to invest in Kodaikanal
Real Estate having reached the highest levels and stagnating in the metros, in comparison, the lower cost options in Kodaikanal with not only high appreciation benefits but also the allied business options which come bundled with it.
Kodaikanal is a destination where one would want to either migrate to or have as a second Real Estate investment, to be a part of this magical ecosystem - tourism, business, nature, all blended together – the Gift of the Hills!
Selective vegetables and fruits can be grown only in this kind of area and climate which earns attractive revenue and tax benefits.
The Trend has arrived! Owning a property in Kodaikanal has always been a desire, now, is one of the best investment options as the real estate in Kodaikanal is poised for a tremendous growth over the next few years, and the best time to buy property in Kodaikanal would be now.