Bhimtal, Nainital

About

Overview of Bhimtal, Nainital

Location and Amenities

Bhimtal, found in the Nainital district of Uttarakhand, is a popular destination known for its scenic beauty, including the Bhimtal Lake and the hills surrounding it. This place offers amenities like club houses, swimming pools, security services, and spectacular views of hills and nearby lakes like the Gola River and Naukuchiatal Lake.

Property Types

Bhimtal features many property types, fitting different tastes and budgets:

Plots: Available in various sizes, with prices starting from Rs. 15 Lac to Rs. 3 Cr.
Villas: Ranging between Rs. 65 Lac and Rs. 2.8 Cr., these offer luxurious living.
Land: Prices range from Rs. 1 Cr. to Rs. 60.07 Cr., suited for both residential and commercial uses.
Apartments: Offered in configurations from 1 BHK to 6+ BHK, prices start from Rs. 3.5 Cr., though specific BHK prices vary widely (e.g., from Rs. 65 Lac to Rs. 1.65 Cr. for 3 BHK).

Price Trends

Here’s a glimpse of property prices in Bhimtal:

Average Price per Sq.Ft.:
- Starting at Rs. 925 per sqft.
- Average: Rs. 7,943 per sqft.
- Maximum: Rs. 11,800 per sqft.
Specific Property Types:
- Plots/Land: Prices around Rs. 1200-4600 per sq ft.
- Flats: Ranging from Rs. 2800-7850 per sq ft.

Rental Options

Bhimtal’s rental options include:

1 BHK Flats: Monthly rent from ₹14,000 to ₹18,000.
2 BHK Flats: Typically between ₹18,000 to ₹21,000 per month.
Houses and Villas: Rents vary widely, from Rs. 8,000 upwards for more luxurious properties.

Investment and Market Trends

Bhimtal’s property market remains profitable for both buying and selling. Some key points:

Price Appreciation: Seen stable to positive trends, making it a good time for investment.
Demand: Popularity due to natural beauty and amenities ensures steady demand for properties.

PropertyWala's Summary

Bhimtal, Nainital, is a great choice for buyers and renters. Its picturesque location, varied property options, and favorable market trends make it appealing. With different budgets accommodated, it offers both natural beauty and modern amenities. Whether you want a luxury villa, an apartment, or a piece of land, Bhimtal balances natural beauty with urban comforts well.

Reviews

Bhimtal is one of a lake town in Nainital District. Bhimtal is approx. 25 km from Nainital and approx. 28 kms. from Haldwani. Situated at a height of approx. 4300 ft from sea level, the lake is the biggest attraction in the town. Bhimtal is an ancient place and named after Bhima of Mahabharat. Vikas Bhawan of Nainital district is situated at Bhimtal. So most of the district administrative offices are in Vikas Bhawan complex. Bhimtal has various schools & Colleges too.
Pros
Approachable from various cities.
Not far from Haldwani

Bhimtal literally suggests a nine-cornered Lake. Bhimtal is perched at an elevation of 1,220 m above sea level in the Nainital district of Uttarakhand state. The length of the lake is approximately 1 km and it has depth of around 40 m. It is the deepest lake in the greater Nainital area.
Pros
Beautiful natural atmosphere.

Cons
Frequently natural disaster

Bhimtal, Nainital is rated 7 out of 10 based on 2 user reviews.

Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Projects

Sunny Lake Greens

Bhimtal, Nainital

Construction Started
Completion May, 2018

Designed for a lavish lifestyle

: Sunny Lake Greens by Shikhar Group at the very prime location of Bhimtal in Nainital offers residential project that host 1 bhk and2 bhk apartments in various sizes.

Raksha Retreat

Bhimtal, Nainital

Construction Started
Completion Mar, 2012

Mini Township for Defence Personnels

: Raksha Retreat is located on Bhimtal - Saattal Road over looking the picturesque lush green Bhimtal Valley and the emerald lake with an island.

Unirise River Side Paradise

Bhimtal, Nainital

Construction Started
Completion Mar, 2012

Plots for sale in Unirise River Side Paradise

: Unirise River Side Paradise presented by Unirise Realty with plots for sale in Bhimtal, Nainital

KBN Studio Nexus

Bhimtal, Nainital

Construction Started
Completion Dec, 2014

1/2 BHK Fully Furnished Studio Apartments BHEEMTAL-NAINITAL

: KBN Studio Nexus is offering you 1 and 2BHK Studio Apartments with all aspect modern feature and located in Bheemtal, Nainital.

Deodar Cottages

Bhimtal, Nainital

Construction Started
Completion Oct, 2011

Residential Apartments

: Excellent locatation, free hold, lda approved semi finised.

Sale Properties

1BHK for sale in Sunny Lake Greens, Bhimtal, Nainital

1BHK Flat for sale in Bhimtal

₹ 19.02 L

Project Sunny Lake Greens
Possession Immediate
Area 550 SqFeet
Rate ₹3,458/SqFeet

Apartment / Flat

: Sunny Lake Greens by Shikhar Group at the very prime location of Bhimtal in Nainital offers residential project that host 1 bhk and2 bhk apartments in various sizes.

2BHK for sale in Sunny Lake Greens, Bhimtal, Nainital

2BHK Flat for sale in Bhimtal

₹ 58.8 L

Project Sunny Lake Greens
Possession Immediate
Area 1,700 SqFeet
Rate ₹3,459/SqFeet

Apartment / Flat

: Sunny Lake Greens by Shikhar Group at the very prime location of Bhimtal in Nainital offers residential project that host 1 bhk and2 bhk apartments in various sizes.