What you should look for when buying a property for sale in Nainital?

1. What you should look for when buying a property for sale in Nainital? As the scorching heat wave sweeps through the plains the highway to the hills of Nainital are packed with traffic. Every summer the famous hill station is bursting at the seams as all hotels fill up to capacity. In such a scenario having your own apartment in Nainital makes a lot of sense. A driving distance of barely 7-8 hours from Delhi takes you to Nainital with its stunning locales and cool temperatures. Builders have lined up with projects at picturesque destinations scattered across the district of Nainital and there is something to suit every budget and requirement. In terms of cost layout a fully furnished 1 BHK flat in Nainital should range between 30 to 35 lakhs. If you want something more pocket friendly within 20

2. lakhs then a studio apartment in Nainital is the perfect getaway for short durations. Now let us see what you should keep in mind when you look for your dream home in the hills: 1. Buy a property within a gated society if you intend to use it as a second home. It is safer compared to a standalone property. Maintenance and security in your absence will not be a headache for you. 2. Check all approvals and legal documents. This is a precaution while buying any property anywhere and especially if this is a builder project. Look for an Approved Project- they will be a bit more expensive but will ensure peace of mind. A local lawyer will be your best guide as you may not even be aware of all the approvals which are required by a builder. 3. Water is a big issue in the hills. Make sure that you get a government water connection as even now there are many locations in the state which do not have a municipal or local body water supply. In addition look for facilities like rainwater harvesting and bore wells. In case a bore well is available check for approval by the local government authorities and ensure it is not an illegal one. 4. If you are planning for frequent or extended periods of stay it is a good idea to have a location away from the tourist crowds. 5. Go for a project which offers rental income options if you are looking at it from an investment point of view. A property in Nainital has an enormous earning potential during peak seasons. 6. And last but definitely not the least go for a property with a Himalayan view- it is simply the ultimate experience!! It may be a bit more expensive but worth the cost. Firstly for the mountain lover a Himalayan view from the living room is a dream come true! Secondly the property appreciation will be much higher in case you want to sell it at a later date. And thirdly it makes a lot sense if you want to rent out or start a business of home-stays as a place with a Himalayan view will command very high rental rates in the market.