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Pithoragarh, Uttarakhand Real Estate

Real Estate Analysis: Pithoragarh

Pithoragarh's Real Estate Environment

Pithoragarh shines in Uttarakhand with its captivating blend of natural charm and growing infrastructure. It's nearby numerous education spots, like LSM PG College, and has prime areas like Aincholi that attract folks for housing or business.

Property Cost Insights
  • You'll see that Pithoragarh's average property price hits about ₹2,893 per square foot. Prices stay quite uniform, showing stable market pricing.
  • Yet, specific property costs can differ. For example, a lavish 6 BHK home in a top spot might cost around ₹1.21 Crore, and an expansive 8 BHK in Aincholi at ₹1.20 Crore.
Property Categories
  • Homes: You can find standalone houses, many ready to live in and including smart amenities like convenient parking.
    • A prime showcase includes both 6 BHK and 8 BHK dwellings in prominent areas.
  • Lands and Plots: A variety of land offers are on the market to fit all budgets and preferences.
  • Business Spots: Options like shops and offices for lease and purchase exist, ideal for business ventures.
Market Movements
  • Pithoragarh's property market is on an upswing. The prices are actually seeing a yearly (Y-o-Y) growth of 10.17%.

This surge means real estate here will likely bring good returns for owners and buyers alike.

Property Supply
  • We see plenty of homes and apartments listed, with about 585 for sale and over 540 land plots available.
  • Renters have over 650 houses and apartments and roughly 175 shops and offices to choose from.
Popular Neighborhoods
  • Aincholi: Famous for being central and close to landmarks such as the Aincholi zero milestone spot.
  • Bastey: Another local area noted for stable price trends.
PropertyWala’s Final Thoughts

It's clear Pithoragarh is a strong market for investing in real estate. The market's stable prices, dynamic trends, and range of properties make it perfect for both renters and buyers. The positive yearly value increase shows this is an excellent time for real estate investment here. Remember, though, do your homework and check out local market norms before making an investment.