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Uttarakhand Property Investments & News

Last updated: 1 week ago
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  • Uttarakhand Property Investments & News

    Dear all
    For quite some time I have been interested in owning a piece of land in the hills. Being half an uttarakhandi from Nainital , my natural choice has been nainital district. Have done quite a bit of research on this aspect but still feel that I have a lot to learn . Have never bought land before ( have flats in ncr). I invite fellow IREFians (RUFFIANS ?!) to contribute here and help each other.
    Few points that I know ...
    Non uttarakhandis cannot buy more than 1.25 naalis I.e. 2200sqft approx)
    Bhimtal property rates have shot up like anything.
    Construction activity is banned in Nainital
    Unaffordable rates in Nainital city...
    Water problem in Ramgarh/mukhteshwar side....
    group buying maybe considered if this thread takes off..
    Guidance please ....:
    Last edited October 17 2015, 10:32 AM.
  • #2

    #2

    Re : Uttarakhand Property Investments & News

    What would be better for long term investment purpose ? Land in Bhimtal or Naukuchiyatal ... Or anywhere else nearby ?? Ramgarh..?mukhteshwar ?

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    • #3

      #3

      Re : Uttarakhand Property Investments & News

      made a trip to nainital recently to do some groundwork ... rates are very variable ... in Bhimtal lake facing plots are around 15 -20 lac a naali. in Naukuchiyatal they are more variable.. premium plot around 25 lac a naali to 7-8 lac a naali.

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      • #4

        #4

        Re : Uttarakhand Property Investments & News

        Originally posted by Prophobby View Post
        made a trip to nainital recently to do some groundwork ... rates are very variable ... in Bhimtal lake facing plots are around 15 -20 lac a naali. in Naukuchiyatal they are more variable.. premium plot around 25 lac a naali to 7-8 lac a naali.


        How much is a naali in terms of square yards ?
        Please read IREF rules | FAQ's

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        • #5

          #5

          Re : Uttarakhand Property Investments & News

          sir 1 naali is approx 2160 sq feet.......

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          • #6

            #6

            Re : Uttarakhand Property Investments & News

            Have finally zeroed in on a piece of land near Naukuchiyatal lake .... Here rates are so variable depending on lake proximity , lake view, direction, height, water, electricity etcetc that it is very tough to narrow down....

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            • #7

              #7

              Re : Uttarakhand Property Investments & News

              looking for property in/about Naukuchiya taal

              I am also looking for buying a piece of land for self near naukuchiya taal as it is less congested at compared to other places.. It will be great if you can help.
              Last edited April 27 2014, 06:53 PM. Reason: No Buying/Selling Solicitations

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              • #8

                #8

                Re : Uttarakhand Property Investments & News

                Glad to help wireless
                U looking NEAR Naukuchiatal or IN Naukuchiatal ?
                What r yr preferences ?
                I will be better able to help if u give me an idea of what you have in mind ..

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                • #9

                  #9

                  Re : Uttarakhand Property Investments & News

                  I am looking commercial use in mukteshwar, dhanachuli or bhimtal. Please suggest rates on main road and city center.

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                  • #10

                    #10

                    Re : Uttarakhand Property Investments & News

                    Originally posted by aarora98 View Post
                    I am looking commercial use in mukteshwar, dhanachuli or bhimtal. Please suggest rates on main road and city center.
                    Sir rates are like bhimtal >Mukhteshwar > Dhanachuli . But very very variable depending on lot of factors. Almost all land has been bought by dealers/speculators in Bhimtal and Mukhteshawr at dirt cheap prices from locals and being sold at exorbitant rates.e.g in Bhimtal lakeside almost nothing is as such available . On upper slopes approx rates are around 14-16 lacs per Naali. Mukhteshwar maybe around 10 to 12 lcs roadside. If you go deeper inside rates fall so you may get rates down to 5-6 lacs directly from a local. Dhanachuli I have much less idea. Hope this helps !

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