Bhimtal
Scenic lake town in Uttarakhand known for its tranquil environment and tourism appeal
About the location
Overview
Bhimtal is nestled in the Kumaon region of Uttarakhand, surrounded by lush hills and centered around the picturesque Bhimtal Lake. The town has a small but growing population, driven by tourism and second-home buyers. Its economy is primarily based on hospitality, tourism, and small-scale local businesses, with a peaceful ambiance that attracts both residents and visitors.
The Lifestyle
Life in Bhimtal is relaxed and community-oriented, with a blend of local Kumaoni culture and cosmopolitan influences from tourists and second-home owners. Residents enjoy outdoor activities, local festivals, and a close-knit social environment. The town offers a balance of modern amenities and natural beauty, making it ideal for families, retirees, and digital nomads.
Attributes
Serene, scenic, accessible, investment-friendly, tourist-centric, green, peaceful
You're sure to adore
Bhimtal's crystal-clear lake, panoramic mountain views, and tranquil atmosphere make it a unique retreat for nature lovers and those seeking a peaceful lifestyle. The town's blend of natural beauty and modern comforts is especially appealing for holiday home buyers and investors.
The Market
Bhimtal's real estate market is experiencing high demand for cottages, villas, and builder floors, especially among buyers from Delhi-NCR. The market is driven by tourism, second-home seekers, and infrastructure upgrades, with both residential and commercial properties in demand.
Shankarpalli's real estate market is booming, with increasing demand for residential plots, villas, and apartments. Property values are appreciating rapidly due to ongoing infrastructure upgrades and the influx of new projects, making it a hotspot for both end-users and investors.
Haridwar's real estate market is experiencing steady growth, driven by high demand for residential and commercial properties. Property values are rising, and rental yields are attractive, making it a smart investment choice.
Rishikesh has seen a 30 percent rise in housing demand, with tightening supply and competitive pricing compared to metro cities. The entry of reputed developers and a focus on quality construction have boosted buyer confidence and market stability.
The real estate market in Mukaiwadi is driven by demand for premium and sustainable living spaces. Recent trends show a preference for larger, more luxurious homes, reflecting a shift towards high-end properties. This area is part of Pune"s thriving real estate scene, which saw significant sales growth in recent years.
Connectivity
Airport
55 km | Pantnagar Airport
Bus
1 km | Bhimtal Bus Stand
Train
21 km | Kathgodam Railway Station
Road
2 km | National Highway 109
Social Infrastructure
Educational Institutions
Mount Alvern School, Lakes International School, Kumaun University (Nainital campus nearby)
Hospitals
Sushila Tiwari Hospital (Haldwani), Bhimtal Government Hospital, private clinics
Crime Rate
Bhimtal is considered a safe area with low crime rates, making it attractive for families and retirees.
Geography
Soil
The soil is primarily loamy and well-drained, suitable for horticulture and gardening. Fertile patches support fruit orchards and native vegetation.
Topography
Hilly terrain with gentle slopes around the lake basin. The area features a mix of forested hills and open valleys.
Altitude
Bhimtal is situated at an elevation of approximately 1370 meters above sea level. The altitude provides a cool, temperate climate year-round.
Flora & Fauna
Rich biodiversity with oak, pine, and rhododendron forests. The area is home to diverse bird species, butterflies, and small mammals.
Climate
Season at a Glance
• Summer: Pleasant 22°C-30°C, forest cover moderates heat
• Monsoon: Heavy rains (~2,200mm) turn streams into roaring falls
• Winter: Cool 10°C-20°C, occasional fog, perfect for plantation stays
Rainfall
Bhimtal receives an average annual rainfall of 1200 to 1400 mm, mostly during the monsoon months of June to September. The rainfall supports lush greenery and maintains the lake's water levels.
Temperature
The typical temperature ranges from 4 degrees Celsius in winter nights to 27 degrees Celsius in summer days. The climate remains comfortable and moderate throughout the year.
Real Estate Trends
Rental Yield
4 to 6 percent annually
Capital Appreciation
8 to 10 percent per annum in recent years
Average Price per sq.ft
7,569 INR
Demand & Supply Dynamics
High demand for rental-friendly land and holiday homes, with limited supply driving price appreciation
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
87 active Airbnb listings including cottages, villas, and homestays
Revenue Potential
Top-performing Airbnb properties can generate over $2,200 per month, with strong seasonal peaks
Occupancy Rate
Average occupancy rate is 22 percent, with higher rates during peak tourist seasons
ADR
Average Daily Rate is $156 for short-term rentals
RevPar
Revenue per Available Room averages $34 per night
Investment Guide
Focus on properties with lake views or proximity to tourist hotspots, leverage peak season pricing for short-term rentals, and consider eco-friendly or prefab homes to attract modern buyers and renters
Places to Visit

13.3 | Spiritual ashram famed for Neem Karoli Baba’s legacy.

22 km | Famous hill station with lakes, shopping, and colonial charm

4.7 km | Tranquil lake with boating, island aquarium, and views

13.3 | Spiritual ashram famed for Neem Karoli Baba’s legacy.

