Hill Property Demand Rises 8 Per Cent Across India

13 Nov 2025 CW Team

The study shows that property prices across key hill destinations increased 10.3 per cent year-on-year, led by:

Dehradun: up 30.9 per cent

Manali: up 18.1 per cent

Mussoorie: up 11.1 per cent

Average prices ranged from Rs 5,800 per sq ft in Dharamshala to Rs 12,700 per sq ft in Lonavala. Despite a 1.2 per cent decline in supply, buyer activity remained strong, especially in the Rs 3 million–Rs 10 million bracket, which accounted for nearly 70 per cent of total demand.

Independent houses and residential plots continued to dominate buyer preferences across most hill regions, while villas gained notable traction in Lonavala (72 per cent) and Ooty (31 per cent).

The rental market also rebounded sharply, with soaring demand in:

Shimla: up 43 per cent

Mussoorie: up 31 per cent

Rishikesh: up 16 per cent

Shimla (4.72 per cent), Nainital (3.87 per cent), and Dharamshala (3.69 per cent) offered the highest rental yields, reinforcing rising investor confidence in holiday homes and the vacation rental segment.

While India’s top 13 Tier-1 cities reported 6.4 per cent demand growth and 21.1 per cent price appreciation, hill markets outperformed on the demand side with 8.2 per cent growth, supported by improved connectivity, lifestyle upgrades, and the continuing work-from-anywhere culture.

With relatively moderate price appreciation of 10.3 per cent, hill stations remain comparatively affordable and continue to attract both investors and end-users seeking long-term residential value.

India’s hill station housing markets are experiencing renewed buyer and investor interest, with overall residential demand rising 8.2 per cent year-on-year during July–September 2025, according to new research from Magicbricks. The report identifies Ooty, Rishikesh and Dharamshala as the strongest-performing hill markets, while Dehradun, Manali and Mussoorie recorded the fastest price growth. The study shows that property prices across key hill destinations increased 10.3 per cent year-on-year, led by: Dehradun: up 30.9 per cent Manali: up 18.1 per cent Mussoorie: up 11.1 per cent Average prices ranged from Rs 5,800 per sq ft in Dharamshala to Rs 12,700 per sq ft in Lonavala. Despite a 1.2 per cent decline in supply, buyer activity remained strong, especially in the Rs 3 million–Rs 10 million bracket, which accounted for nearly 70 per cent of total demand. Independent houses and residential plots continued to dominate buyer preferences across most hill regions, while villas gained notable traction in Lonavala (72 per cent) and Ooty (31 per cent). The rental market also rebounded sharply, with soaring demand in: Shimla: up 43 per cent Mussoorie: up 31 per cent Rishikesh: up 16 per cent Shimla (4.72 per cent), Nainital (3.87 per cent), and Dharamshala (3.69 per cent) offered the highest rental yields, reinforcing rising investor confidence in holiday homes and the vacation rental segment. While India’s top 13 Tier-1 cities reported 6.4 per cent demand growth and 21.1 per cent price appreciation, hill markets outperformed on the demand side with 8.2 per cent growth, supported by improved connectivity, lifestyle upgrades, and the continuing work-from-anywhere culture. With relatively moderate price appreciation of 10.3 per cent, hill stations remain comparatively affordable and continue to attract both investors and end-users seeking long-term residential value.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Real Estate

09 Mar 2026

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Infrastructure Energy

09 Mar 2026

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..