Ghanahatti in Shimla Overview

Where It Is and Basic Info

Ghanahatti sits in Shimla, Himachal Pradesh, known for its beautiful views and a calmer atmosphere compared to the bustling city center.

Types of Properties

• Business Places:
  • Ghanahatti features diverse commercial spaces and land plots, promising both business and investment prospects.
• Homes:
  • The residential scene includes 3 BHK and 5 BHK houses, new builder floors, and multi-story apartments. The 3 BHK setup is most popular for renters.

Prices and Monthly Rates

• To Sell:
  • Residential properties range from ₹43 lacs for a 5 BHK builder floor to ₹65 lacs for a 3 BHK abode.
  • Commercial lands start at ₹4 lacs for a 13500 sqft plot.
• To Rent:
  • Monthly rents are between ₹10,000 to ₹15,000 typically. A 3 BHK house can often be rented for ₹11,000.

Facilities and Infrastructure

• Though specific amenities within Ghanahatti aren't detailed, nearby Shimla city offers many urban amenities.
• The commercial office spaces hint at a growing area with infrastructure supporting both commercial and residential needs.

Market Movement

• Ghanahatti's real estate market features a mix of residential and commercial properties, suggesting a balanced market for investors and buyers.
• Home loans from numerous banks are available with attractive rates, from 8.5% to 12.0%.

PropertyWala's Wrap-Up

For anyone pondering buying or renting in Ghanahatti, Shimla, this area mixes residential and commercial possibilities. It's a good fit for those wanting a suburban feel near urban amenities. Prices here are reasonably lower than other Shimla regions, making it attractive for investors and home seekers alike. Yet, thorough research and site visits are vital for understanding the unique merits and challenges of properties here.