Shoolagiri
Shoolagiri is a serene and picturesque town nestled amidst the hills of Tamil Nadu, renowned for its ancient temples and rich biodiversity.
Location Information
Overview
The real estate market in Shoolagiri is still developing, with properties available at affordable rates. The average price range is from INR 2,000 to 5,000 per square foot. However, due to its increasing popularity as a tourist destination, the market is expected to see considerable growth in the coming years.
The Lifestyle
Shoolagiri is a peaceful town with a tight-knit community that primarily consists of farmers and small business owners. The lifestyle is simple with a deep-rooted culture and tradition. Festivals and temple rituals play a key role in the daily lives of the people.
Attributes
Tranquil Environment | Rich Cultural Heritage | Biodiversity Hotspot | Significant Pilgrimage Center | Affordable Living | Easy Connectivity
You're sure to adore
Shoolagiri is a quaint and serene town with a blend of natural beauty, history, and culture.
The Market
The local market of Shoolagiri thrives with fresh produce, local commodities, and traditional Indian spices. It is a vibrant place where locals and tourists interact.
Connectivity
Airport
The nearest airport is Kempegowda International Airport in Bangalore, about 90 km away.
Bus
Shoolagiri is well connected by state-run buses from major nearby cities such as Bangalore and Hosur.
Train
Hosur Railway Station, 19 km away, is the closest railway station to Shoolagiri.
Road
Shoolagiri is located on NH 44, the North-South Corridor of the National Highway network in India.
Social Infrastructure
Educational Institutions
Shoolagiri has several schools and colleges such as Government Higher Secondary School and St. Joseph’s College. For healthcare facilities, it has the Government Hospital Shoolagiri and multiple private clinics.
Hospitals
Prominent hospitals in the area include Government Hospital Shoolagiri and Lakshmi Hospital.
Crime Rate
Shoolagiri has a relatively low crime rate and is considered safe for residents and tourists alike.
Geography
Soil
The soil in Shoolagiri is rich in minerals and is suitable for agriculture, especially rice and coconut plantations.
Topography
Shoolagiri is characterized by undulating hills and fertile plains.
Altitude
The town is situated at an approximate altitude of 880 meters above sea level.
Flora & Fauna
The region is home to a variety of flora and fauna, including several species of birds, reptiles, and mammals.
Climate
Season at a Glance
Shoolagiri experiences a tropical climate with summers from March to June, monsoon from July to October, and winters from November to February.
Rainfall
The average annual rainfall in Shoolagiri is approximately 800 mm.
Temperature
The temperature in Shoolagiri ranges from 20°C in winter to 35°C in summer.
Real Estate Trends
Rental Yield
The rental yields in Shoolagiri are moderate with an average of 3-4%.
Capital Appreciation
The capital appreciation in Shoolagiri is steady due to the growing demand for residential and commercial properties.
Average Price per sq.ft
The average price per sq.ft in Shoolagiri is around INR 3,000.
Demand & Supply Dynamics
The demand for properties in Shoolagiri is on the rise due to its strategic location and serene environment. The supply is also keeping pace with the growing demand.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are a few Airbnb listings in Shoolagiri, mostly homestays and guest houses.
Revenue Potential
The revenue potential for Airbnb listings in Shoolagiri is moderate, given the town's growing popularity among tourists seeking a peaceful getaway.
Occupancy Rate
The average occupancy rate for Airbnb listings in Shoolagiri is around 60-70%.
ADR
The Average Daily Rate (ADR) for Airbnb listings in Shoolagiri is around INR 1,500.
RevPar
The Revenue Per Available Room (RevPAR) in Shoolagiri is approximately INR 1,000.
Investment Guide
1. Investing in residential properties can be beneficial due to the growing popularity of Shoolagiri as a tourist destination.
2. Agricultural land investments can yield good returns owing to the fertile soil and favorable climate.
3. The hospitality sector is a promising avenue for investment given the increasing number of tourists visiting the town.
Places to Visit
