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.