Nandi Hills
Nandi Hills is a serene hill station known for its breathtaking views, historical significance, and diverse flora and fauna.
About the location
Overview
The real estate market around Nandi Hills is developing, with several residential projects coming up. Prices range from INR 2500-5000 per sq ft. The area has seen a steady growth in property prices due to its increasing popularity as a weekend getaway.
The Lifestyle
The Nandi Hills community is a blend of locals, tourists, and people working in nearby cities. It's a peaceful, slow-paced lifestyle with a focus on nature, traditions, and agriculture. Community events are often centered around festivals and temple celebrations.
Attributes
Serene environment | Rich history | Diverse flora and fauna | Spectacular sunrise views | Proximity to Bangalore
You're sure to adore
The mesmerizing sunrise and sunset views, the lush greenery, and the serene environment at Nandi Hills
The Market
Nandi Hills is a tourist location with a small local market selling handicrafts, local produce, and souvenirs. The real estate market is not very developed.
Connectivity
Airport
The nearest airport is the Kempegowda International Airport, Bangalore, approximately 40 km away from Nandi Hills.
Bus
The Karnataka State Road Transport Corporation (KSRTC) provides regular bus services from Bangalore to Nandi Hills.
Train
The nearest railway station is Chikkaballapur Railway Station, approximately 19 km away.
Road
The Bangalore-Hyderabad National Highway (NH 44) passes nearby, providing easy connectivity to Nandi Hills.
Social Infrastructure
Educational Institutions
Nearby educational institutions include BGS World School and Sri Devaraj Urs International Residential School. For medical facilities, Columbia Asia Hospital and Baptist Hospital are within accessible distance.
Hospitals
Being a rural area, Nandi Hills has limited healthcare facilities. The nearest major hospital is Columbia Asia Hospital in Bangalore.
Crime Rate
The crime rate is relatively low, making it a safe destination for residents and tourists alike.
Geography
Soil
The soil here is red and loamy, suitable for the growth of vegetation and coffee plantations.
Topography
Nandi Hills is a hilly region, located at the edge of the Deccan Plateau.
Altitude
The hills are located at an altitude of about 1,478 meters above sea level.
Flora & Fauna
Nandi Hills is home to a rich variety of flora and fauna, including many species of birds, insects, and plants.
Climate
Season at a Glance
Winter (October - February) is the best time to visit Nandi Hills when the weather is cool and pleasant.
Rainfall
Nandi Hills receives moderate rainfall during the monsoon season (June - September).
Temperature
The temperature at Nandi Hills varies from 20°C to 28°C throughout the year.
Real Estate Trends
Rental Yield
As a primarily tourist location, rental yields are not significant in Nandi Hills.
Capital Appreciation
Capital appreciation is moderate due to the limited real estate activity in the area.
Average Price per sq.ft
The average price per sq.ft is approximately INR 2,000, but may vary greatly depending on the location and amenities.
Demand & Supply Dynamics
The demand is primarily for holiday homes and homestays, while the supply is relatively limited.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are approximately 40 Airbnb listings in and around Nandi Hills, mostly homestays and cottages.
Revenue Potential
Revenue potential is high during the tourist season, especially for homestays and cottages that offer unique experiences.
Occupancy Rate
The occupancy rate averages around 60% annually, peaking during the winter season.
ADR
The Average Daily Rate (ADR) for Airbnb listings is around INR 2,500.
RevPar
The Revenue Per Available Room (RevPAR) is approximately INR 1,500.
Investment Guide
1. Invest in properties with a view of the hills for higher returns. 2. Consider short-term rentals due to high tourist footfall. 3. Keep a watch on upcoming infrastructure projects which can boost property values.
Places to Visit