Property Price Trends in Shimla | Different Properties Market Price Value 2020 in Simla

Property Price Trends in Shimla | Different Properties Market Price Value 2020 in Simla

Are you looking for Property Price Trends in Shimla? Then this is the right place for you to look at.

Talking about Shimla, Shimla is the capital and the largest city of the northern Indian state Himachal Pradesh. It is a hill station. It is the principal commercial, cultural and educational centre of the state. Shimla is a great tourist attraction. People often visit in their summer vacations to feel the cold breeze which flow there all the time.

property-price-trend-in-shimla
property price trend in shimla

Shimla was dense forest in 18 century. The area of present-day Shimla was invaded and captured by Bhimsen Thapa of Nepal in 1806. Shimla is on the south-west ranges of Himachal Pradesh.

Shimla has a sub-tropical highland climate. Employment in Shimla is largely driven by the government and tourism sectors.

Many people throughout the year visit Shimla with their families and friends to relax. Many people often invest in properties in Shimla like farm houses or apartment so that they can make it as their holiday destination.

Shimla is also known as a educational centre because many schools and colleges and universities are built in Shimla and it is also famous for civil service examination.

It has many tourist destinations. Shimla has a pleasant climate which attracts tourist throughout the country.

It has well developed transportation facilities which connects people with other places and cities.

Property Price Trends in Shimla:

Talking about property prices, shimla is in great demand, People often invest in Shimla with great interest.

  • Total number of properties listed in shimla are 284.
  • Property price in shimla starts with ₹ 13.00 lakhs.
  • The average price of properties in Shimla is ₹ 60.02 lakhs.
  • The most expensive property in Shimla is priced at ₹ 7.90 crore.
  • 7 Localities in Shimla shows an upward trend.
  • 2 localities in Shimla shows an downward trend.

Property Price Trends in Different locations of Shimla:

1. Property/home price in Shimla Drive:

The average price of properties in Shimla Drive is ₹ 59.00 lakhs. Total number of properties listed in Shimla drive are 24. The price of properties in Shimla Drive starts from around ₹ 13.00 lakhs. The most expensive property listed in Shimla drive is of  ₹ 1.40 crore . Shimla drive shows a downward trend.

2. Property/home price in New Shimla:

The property rates in New Shimla keeps on changing and if an investor wants to maximise the profit they need to act as per the market movement.

Total number of properties listed in New Shimla are 20. The average price of properties in New Shimla is ₹ 57.53 lakhs. The most expensive properties listed in New Shimla are ₹ 1.30 crore. The New Shimla shows a upward trend. The price of properties in New Shimla starts from around ₹ 16.00 lakhs.

3. Property/home price in Chotta Shimla:

The property prices in Chotta Shimla keeps on changing. The total number of properties listed in Chotta Shimla are 4. The average price of properties in Chotta Shimla is ₹ 54.25 lakhs. The most expensive property listed in Chotta Shimla is priced at ₹ 75.00 lakhs. Price of properties in Chotta Shimla starts from around ₹ 24.00 lakhs. Chotta Shimla shows a downward trend.

4. Property/home price in Longwood:

The price trend in Longwood keeps on changing. Longwood shows a upward trend. The total number of properties listed in Longwood are 8. The price of properties in Longwood starts from around ₹ 30.75 lakhs. The average price of properties in Longwood are ₹54.65. The most expensive property listed in Longwood is priced at ₹ 1.25 crore.

These are some of the locations of Shimla with their property prices.

Buy Rates of Different Location of Shimla:

LocationPrice rangeAverage Price
Shimla drive3,000 – 6,041 / sqft5,047.97 / sqft
New Shimla1,667 – 6,500 / sqft5,379.04 / sqft
Longwood3,929 – 5,081 / sqft4,793.04 / sqft
Chotta Shimla7,778 / sqft7,777.78 / sqft
Bagh3,333 – 5,200 / sqft4,59.05 / sqft
Kyari4,000 – 4,669 / sqft4,300.01 / sqft
Anandpur5,333 – 04,447 / sqft8,390.3 / sqft
Totu3,045 – 4,167 / sqft4,166.67 / sqft
Circular Road10,313 / sqft10,304.5 / sqft

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