Hill stations are the most sought after destinations for home buyers dreaming to own personal space. Research studies on the real estate market have produced strong evidence supporting the result of the studies. Amongst the search for home destination at an elevated spot above sea level, Ooty crowns the list as the Queen of Hills.
Climate
Despite innumerable reasons in support of this view point, here is a summary of the six most inevitable reasons for Home Dreamers to make their dream a reality.
The average weather is 16o C cooling this beautiful place in the Nilgiris District and has become the prime fascinating factor attracting Home buyers to own a dream space for their living, ranking this community as second next to tourists.
Nature
Ooty is a boon to nature lovers wishing to enjoy admiring the beauty of this extraordinary hilly region during their life span. Green pastures, mind blowing waterfalls, early morning fog, singing birds, golden silence, serene pollution free environment are some of the nature’s gifts to this heaven on Earth that has escalated Ooty Real Estate business to the peak of the real estate market abundantly not confined with buying but also selling as resale rate is higher comparatively.
Perennial water resources
Rich water resources through falls and lakes quench the thirst of the residents of Ooty throughout the year not exposing the land to drought and famine at any season. Soil fertility promotes agriculture which is the major industry in Ooty thus booming the real estate in Ooty immensely. Fresh vegetables and delicious fruits promulgate the exports industry contributing to the growth curve of Indian economy. Terrace Cultivation for tea plantation yields the best tea across the globe. Government has taken measures to conserve the water, constructing dams, the prime source for irrigation.
Amenities for a healthy lifestyle
Live and breathe pure in Tamil Nadu’s paradise, Ooty. Basic amenities such as shopping centres, local markets, cultural centres, recreation theatres, hotels and dining restaurants, reputed schools and colleges are sole reasons to buy property in Ooty. Facilities for a hassle free lifestyle and a greener environment to lead a healthy life are undoubtedly the causes to attract more and more home dreamers to dream of an Ooty property paving way for a healthier future generation.
Less Dense Population
Population statistics show a minimal population compared to other parts of the State. This information encourages those people who refrain themselves from crowd, to buy property in Ooty. Most of these communities who have experienced the challenges in apartment style living, seek a blend of rural and urban living. Ooty being the best spot for their search enables Ooty real estate to witness a hike in revenue every year.
Reduced Crime Rate
Due to the less dense population, Ooty records minimal crime rates marking it as a secured place to live. Today, metro cities have increased crime rates due to various reasons making the place unsafe to live despite the modern facilities. People’s interest in such urban lifestyles is diminishing day by day especially in the minds of the senior communities who seek a secured peaceful retired living during their old age.
The list is long to quote the reasons for home seekers showing immense interest in Ooty. No more interest in buying or building houses is expected by home dreamers. Instead, in today’s fast world, a sweet home built with love and affection, serene quality life style yet all the amenities required for a sophisticated life style is dreamt by every human kind. India witnesses many such communities in the recent years migrating from all parts of the world and even from the Northern part of India pinning Ooty as their home destination. Warmth of the Ooty people and culture are some of the overwhelming reasons inviting people to dwell in this paradise on Earth. The Real Estate sector increases in number every year with more and more real estate agents helping their clients to buy a property in tourist destination spots especially in Ooty. Hence, look out for the reliable realtors to make your dream a reality.
Transformation of Hill Station Real Estate beyond Sky
When every segment of an Industry is getting specialized, why niche market of real estate can’t be specialized? Real estate in hill stations is niche market comparing to the market size of real estate in plains and cities. It is unique in many ways, be it terms, norms or property category and one of the toughest segment in real estate. Hills & Wills pioneered in identifying this scenario and transforming the hill station real estate to at par level through its innovative online real estate solution exclusively for hill stations.
Fate of Real Estate Business Post COVID-19
Pandemic COVID 19 affected the entire world, most of the stock markets and business spectrums. The present 21 days lockdown and curfew at India for self-isolation and social distancing to control it, might lead to a change in the social scenario of reduced spending and increased saving habit among Indians post COVID-19. While some niche real estate segments like villages and Hill stations are likely to see a boom because they are the best place for social distancing which is the need of the day, analyzed by Hills & Wills, best real estate company in Kodaikanal.
