Property Rates in Kashmir I Rates for Plots in Kashmir I Rates for Land in Kashmir

Should you want to wait for the right time to buy property in Kashmir, here is a glimpse of the prevalent rates.

Property prices in Kashmir are among the lowest in India, even lower than in the outskirts of most tier 2 cities.

In Srinagar’s prime Pantha Chowk area, houses can be bought for as low as Rs 2,300 per sq ft. The area is well connected and besides local markets, the place has a stadium and a Kendriya Vidyalaya, 

In Pacci Dhaki area of Jammu too, near Mubarak Mandi Palace, prices are equally low at Rs 40 lakh for a 6 marla (1,634 sq ft) independent house. Proximity to historical places and market areas has not helped improve property prices in Jammu and Kashmir where people from outside the state cannot buy land or property. A house at such a location in a non-metro capital city would easily cost upwards of Rs 60 lakh, while in a metro like Delhi or Mumbai it could cost in tens of crores.

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