Mallital, Nainital

About

Mallital, in the heart of Nainital, Uttarakhand, attracts buyers and renters due to its strategic positioning and attractive amenities.

The property prices in Mallital are typically higher than those in the broader Nainital area. As of 2025, the average cost per square foot is Rs. 10,666, showing a consistent market rate without much fluctuation in price range. However, it's important to know that property rates here have dropped by 39.51% in the last year, which might be an appealing chance for new buyers and investors.

Mallital offers various property types like apartments, single family homes, and floors in buildings. For example, find 2 BHK independent homes with 540 sq.ft built-up areas or 2 BHK flats with 750 sq.ft. Moreover, upscale options such as 4 BHK independent houses or villas are also there, going for around ₹2.75 Cr, while 3 BHK houses range from ₹1.5 Cr to ₹1.84 Cr.

If you're thinking of renting, Mallital has many choices. Prices for 2 BHK apartments or homes fluctuate between ₹7,650 to ₹28,000 monthly, based on location, special features, and the property's size.

Mallital's central spot in Nainital makes it a top choice to live. There's easy access to famous Mall Road, schools, and other local spots. It's well-connected and mixes urban and natural living due to its nearness to scenic attractions.

According to PropertyWala's Insight: Looking at trends now, Mallital offers a great chance for buyers and renters. This recent drop in property prices makes it a good time for investing. But before deciding, it's key to consider long-term potential and individual needs. With its central location, range of property types, and appealing scenery, Mallital is a highly popular area in Nainital.

Nearby

  • Transport

    • New Bus Station (~2 km)
    • Kathgodam (~23 km)
    • Haldwani Railway Station (~29 km)
    • Pantnagar Airport (~56 km)
  • Shopping & Dining

    • Embassy Restaurant (<1 km)
    • Zoobys Kitchen (<1 km)
    • Brittneys Cafe (<1 km)
    • Sakley's Restaurant (<1 km)
    • The Chocolate Room (<1 km)
    • Cafe Lakeside (<1 km)
  • Healthcare

    • Sitapur Hospital (<1 km)
    • BD Pandey District Hospital (<1 km)
    • Chandan Diagnostic Centre (<1 km)
    • Dr. Bhatts Clinic (~1 km)
    • Ramsay Hospital (~2 km)
    • Gangola Clinic (~2 km)
  • Education

    • Kumaun University (Admin Block) (~2 km)
    • Parvati Prema Jagati Saraswati Vihar (~4 km)
    • Naincy College Of Nursing (~9 km)
    • Uttarakhand Judicial and Legal Academy (UJALA) (~9 km)
    • Sainik School, Ghorakhal (~11 km)
    • Birla Institute Of Applied Sciences, Bhimtal (~14 km)
  • Leisure & Entertainment

    • Capitol Cinema (<1 km)
    • Nainital Stadium (<1 km)
    • Nainital Zoo (~2 km)
    • Golf (~3 km)
    • OAT (~10 km)
    • YMCA Campsite Sattal (~12 km)
  • Services

    • HDFC Bank (<1 km)
    • Punjab National Bank (~1 km)
    • Axis Bank ATM (~1 km)
    • Raj Bhavan (~3 km)
    • Reportingg Police Chawki Julikote (~9 km)
    • SDM Court, Haldwani (~29 km)
  • Religious Places

    • Gurudwara Sahib (<1 km)
    • Naina Devi Temple (<1 km)
    • Church of St. Francis (~1 km)
  • Business & Hospitality

    • Clarks Exotica Ramgarh (~1 km)
    • Namah Nainital, a member of Radisson Individuals Retreats (~2 km)
    • Sterling Nainital - Resorts and Hotels (~5 km)
    • Cygnett Hotels (~6 km)
    • The Fern Hillside Resort Bhimtal (~6 km)
    • HMT (~19 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Mallital

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News

Home Ministry Grants Temporary NOC for Nainital Surface Parking

Indiatimes · · Infrastructure

The Union home ministry’s custodian office granted Nainital’s district magistrate a temporary NOC to develop surface parking on enemy property.

Key facts

On October 14, 2024, the custodian office of enemy properties under the Union Ministry of Home Affairs granted the Nainital district magistrate a temporary No Objection Certificate for surface parking on enemy property in Nainital.

Cracks Shut Nainital’s Lower Mall Road to Vehicles

moneycontrol.com · · Infrastructure

A 15-metre stretch of Lower Mall Road has cracked and closed to vehicles, while Nainital officials address risks on other roads and near homes.

Key facts

A 15-metre stretch of Nainital’s Lower Mall Road cracked during heavy monsoon rain. A PWD patchwork repair using cement, sand and mud collapsed within days; vehicle access is now prohibited until further notice while remedial work proceeds. One-way traffic on Upper Mall Road is to operate from 6 pm to 8 pm. A similar section collapsed in 2018; despite eight tenders and a contractor appointed nearly eight months ago, permanent work has not begun in seven years. PWD says ₹3.4 crore has been sanctioned, machinery is on the way, and a detailed project report will be submitted.

In Almacoottage, cracks in a roadside safety wall threaten at least 12 homes; a landslide is 200 metres away. Temporary reinforcement and a survey for a permanent fix are underway.

Other problem routes include the 6-km, partly cemented road from Government Polytechnic College in Mallital to Gairikhet, the Fatehpur-Basani road, and pothole-ridden Nainital-Haldwani, Nainital-Bhowali and Nainital-Kaladhungi roads. NH authorities oversee the Haldwani route; PWD handles the Bhowali and Kaladhungi roads. Rain has delayed repairs. Taxi union representatives warned deteriorating roads could further damage tourism, which has seen three months of falling visitor numbers.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Price Trends

Locality ID
A662111294
PinCode
263001