Chamba
5000 Feet Altitude
Owning a piece of land in hill station is just midway of a buyer’s dream and converting it into his dream villa or farm house will be the final task.
Why to live in Chamba
Chamba is a beautiful town and a hill station in Tehri Garhwal in the state of Uttarakhand, India. It is centrally located connecting Mussoorie and Rishikesh with the Tehri Dam and New Tehri. The town is about 50 km from Mussoorie and also near Dhanaulti, Surkanda Devi Temple, Ranichauri, New Tehri, and Kanatal, halfway between Chamba and Dhanaulti.Chamba enjoys an altitude of 1600m above sea level. The travel time to reach Chamba is about 5-6 hrs from Delhi via Haridwar, Rishikesh and Narendranagar (290 km).
A big question -Why isn’t Uttarakhand’s Chamba as celebrated as Himachal’s ? Primarily because it is not being publicized or promoted well. But it has its hidden benefit as lack of exposure has retained in Chamba what most hill stations have lost or are fast losing – the air of remoteness, of being somewhere else, somewhere special. Chamba is a magnificent getaway in a true sense. When you visit chamba, you manage to escape most of the things that you want to get away from in a metro – crowds, traffic, pollution, noise, the relentless pace and the mundane routine.
Buy & Rental Trends in Chamba
The residential segment of Chamba has witnessed a boom in the recent years. A number of factors have affected the demographic growth of the localities in and around Chamba, which has directly changed the face of real estate Chamba. One of the important factors is the strategic location which makes it a major tourist destination.
Types of popular properties in Chamba: Homes around the popular tourist destinations remain the most prioritized Chamba realty segment and have lured the buyers and investors. The demand to buy Farm Stays, Holiday Homes, agricultural land is growing up due to the increased stress level in city life and interest on agriculture among professional and executives especially in IT sector – Agriculture revenue and tax benefits keeps it ever green. Properties in Chamba with the Himalaya Snowpeaks, Hills & Valleys view, the pace of life, water body view, a 360 degree panoramic view and pleasant weather conditions, are always a “Premium Property in Chamba” and on high demand.
The Chamba property price has appreciated many folds in the recent past despite of economy slowdowns and the general real estate sector performance. Price varies based on the type of property like independent house, Villa, Residential Plot, Apartment, Farmhouse, Agriculture Land, Commercial Properties, the locality where it is situated – in and around Chamba and many other parameters like view, climate, access, etc. Hill-Max assists its clients in this regard with its World Class Hill Station Realty Advisory.
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Chamba Real Estate growth factors
- “Work from home or Workation” is the new dimension of real estate
- The major hill station in close proximity to Delhi/NCR
- High mist formation compared to other hill stations – Paradise to newly married couples and nature lovers
- Available opportunity, increasing interest and growing demand for Agriculture/ farm land
- Temperature rise in Cities along with Stress creating a need to have a summer home or even migrate to a New Way of Living – minus the chaos in cities.
- Connectivity through various major cities by, air, rail and road, attract people for short and frequent breaks to get away from metros.
- Not only high price appreciation benefits but also the allied business options like running Home stays, Resorts, Cottages has become a big business generating high income which come bundled with it.
- Investments from NRIs have increased, who view it as truly appreciating in terms of value.
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Frequently Asked Questions (FAQ)
Approx. INR 2500 to 3000 per square feet for quality construction with brick and concrete which varies and depends on hill station, slop of site, type of architecture, etc. It is excluding revetment, access way, fencing, water management and land scaping
Yes, wooden house is cheaper (about 2/3 cost) and faster (max. 30 days) than conventional construction using brick and concrete. Added advantages are enhanced social status, increased thermal comfort, better seismic resistance and can be retrofitted
Yes. Like in city, a client can get bank loan for construction of home at hill stations depending on his financial eligibility and Hill-Max provides possible assistance for the same to its clients in specific hill stations.
No. It varies across Indian hill stations and states
Architectural assistance and construction support fee varies case to case which depends on parameters like which hill station, type of construction, extent of construction, scope of Hill-Max, frequency of expediting visits required at site, etc – It is a project specific estimate and quote.