Nainital Real Estate growth factors

  • It is one of the Indian hill stations resembling hill stations in Europe which drives ever increasing tourism and related business growth in real estate and hospitality.
  • Being the judicial capital of Uttarakhand, several governmental institutions situated here imply good demand for residential real estate.
  • Due to unbearable heat wave in certain parts of Northern and Western India during summer, Nainital is one of the top choices of hill station to them for a summer home.
  • The nearest hill stations to New Delhi and many other cities around it for people to relax on weekends or for short vacations to rejuvenate.
  • Cheaper real estate price comparing to New Delhi and other nearby cities in plains attracts people from there to invest and buy property in Nainital, especially for a second home.
  • Best rental revenue with high appreciation of asset value while comparing to cities in and around both at Uttarakhand and in plains.
  • World class education in Victorian and Edwardian British era boarding schools and residential real estate related to it.
  • Mythology importance of Nainital and excellent connectivity to major Indian cities via NH8 and domestic airport at Pantnagar at just 65 Km.

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Frequently Asked Questions (FAQ)

For social status, best investment, summer home, social distancing home, stress relief home and agricultural revenue with tax benefits

Yes. “They are not making land anymore”- It is a famous quote and real estate is the best investment on earth, in general. Cities expand horizontally and vertically whereas hill stations can't, hence hill station real estate is flourishing ever and independent of economy fluctuations – NRI's preferred investment.

Unlike plains, hill station properties are as unique as finger prints in terms of climate, view, terrain, access, water source, etc and even adjacent properties are not alike. A professional real estate agency with in depth knowledge about a specific hill is required to make better judgment and save money.

Independent houses, Villas, Farm House, Residential Plots, Agriculture Land and Commercial properties are commonly available in hill station for sale. Apartments are rarely available.

The western and eastern ghat has many hill stations. Out of which, Kodaikanal, Ooty, Gudalur, Coonoor, Kotagiri, Yercaud, Kolli Hills, Yelagiri, Kuttalam, Munnar and Coorg are the best.