Kasar Devi
Kasar Devi is a serene and peaceful village in Uttarakhand, India, known for its enchanting views, ancient Kasar Devi Temple, and rich cultural heritage.
About the location
Overview
Nestled in the Kumaon Hills of Uttarakhand, Kasar Devi boasts a history dating back to 2nd century CE, as depicted by the ancient Kasar Devi Temple. This quaint village is geographically situated on a ridge and offers panoramic views of the surrounding Himalayan peaks. It gained international recognition when Swami Vivekananda meditated here in 1890s.
The Lifestyle
The lifestyle in Kasar Devi is simple and tranquil, with the local community primarily involved in agriculture and tourism. The locals are known for their warmth, hospitality, and rich cultural heritage, often hosting festivals and traditional events that attract tourists.
Attributes
Tranquil Environment | Ancient Kasar Devi Temple | Rich Cultural Heritage | Spectacular Himalayan Views | Thriving Tourism | Agricultural Economy
You're sure to adore
Kasar Devi, a serene hill station offering panoramic Himalayan views, rich biodiversity, and a spiritual heritage.
The Market
The real estate market in Kasar Devi is growing, with prices ranging from INR 3,000 to 5,000 per sq ft. The area has seen steady growth due to increasing tourism and demand for vacation homes.
Connectivity
Airport
Pantnagar Airport, located at a distance of approximately 125 km from Kasar Devi.
Bus
Haldwani Bus Station, the nearest major bus station, is around 90 km away, providing connectivity to major cities.
Train
Kathgodam Railway Station, roughly 91 km away, is the nearest railhead.
Road
Kasar Devi is connected via National Highway 309A.
Social Infrastructure
Educational Institutions
Some nearby educational institutions include GIC Almora and SSJ Campus Almora. For healthcare, the Almora District Hospital is the closest medical facility.
Hospitals
The nearest hospital is Almora District Hospital around 8 km away.
Crime Rate
Kasar Devi has a relatively low crime rate, with most incidents being minor in nature. It's considered safe for both residents and tourists.
Geography
Soil
The region has mountainous soil which is rich in organic matter but prone to erosion.
Topography
Mountainous and hilly terrain characterized by deep valleys and high ridges.
Altitude
Kasar Devi is situated at an altitude of approximately 2,116 meters above sea level.
Flora & Fauna
Rich in biodiversity, home to species like leopards, monkeys, and a wide variety of birds, surrounded by pine and oak forests.
Climate
Season at a Glance
Summer (March to June) is pleasant, Monsoon (July to September) is rainy, and Winter (October to February) is cold with occasional snowfall.
Rainfall
Annual rainfall is approximately 1200 mm.
Temperature
Temperature varies from 2°C in winter to 24°C in summer.
Real Estate Trends
Rental Yield
Rental yields are moderate with potential growth due to increasing tourism.
Capital Appreciation
Moderate capital appreciation observed due to demand for holiday homes and potential for eco-tourism.
Average Price per sq.ft
Average price per sq.ft is around INR 2,500 to INR 3,000.
Demand & Supply Dynamics
Steady demand for vacation homes and eco-friendly properties, with supply slowly catching up.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
Mainly vacation homes and eco lodges, with around 50 Airbnb listings.
Revenue Potential
High revenue potential during the summer months and during festivals.
Occupancy Rate
Average occupancy rate of around 60% annually, with peak occupancy in summer and during local festivals.
ADR
Average Daily Rate (ADR) for properties is around INR 2,000 to INR 3,000.
RevPar
Revenue Per Available Room (RevPAR) is approximately INR 1,200 to INR 1,800.
Investment Guide
1. Investing in vacation homes can provide good rental income due to the high tourist influx.
2. Agricultural land investment can be considered due to the fertile soil.
3. Investment in commercial properties like guest houses or restaurants can yield good returns due to the thriving tourism.
Places to Visit
60 km I Hilltop offering panoramic views of Nainital
62 km I Sacred pilgrimage site.
60 km I Famous for boating and scenic views,
60 km I Hilltop offering panoramic views of Nainital