In India, having a farmhouse is a social status as we have been fascinated with farmhouses since the early 80s. In the current period, it is still a social currency and the symbol of luxury and opulence. Soaking up the sun on a hill station with a scenic view is mesmerising. India has places where you can bond with nature, such as Shimla, Sonal, Sindhudarg, Nandi Hills, Gokarna and so on. Here in this article, we will walk you through the best scenic farmhouse near one of the most preferred locations, such as Shimla and from all other places across India.
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The Very First Question: Why Indians are Fascinated Over Farmhouses?
The farmhouse culture in India is witnessing an ever-increasing demand. In fact, after the pandemic, individuals have clearly understood the importance of a spacious residence. The farmhouse is also the first choice of retirees as it has the space for gardening, walking and relaxing where they can stay close to nature. Not only for retirees, but a farmhouse is also one of the top residential choices for numerous individuals. We all are witnessing the evolution of work from home and flexible working culture. So to work in peace and away from the hustle and bustle of city life and that too in a place that offers a scenic view is irresistible. Furthermore, this residential segment of real estate isn’t only a comfortable space that offers a unique way of living. Still, also one of the prominent places for making capital investments.
Farmhouses, villas and bungalows have always been prominent units for making financial investments as they have high resale values and also generate higher rental yields.
Popular Farmhouse Destinations
Numerous locations are endowed with natural beauty and are also relatively cheaper compared to other real estate properties of their size. The popular farmhouse destinations include Sonal, Sindhudarg, Nandi Hills, and Gokarna.
Solan
Solan is located just 46 km from Shimla at the bottom hill, and it is spread across over 25,000 villages beside a town at the centre. It may take less than 5 houses to reach the destination from Delhi. Its calm, tranquil atmosphere has become a popular farmhouse destination. Moreover, Solan is near multiple tourist hotspots, which include Shimla, Chail, Barog, Kasauli, and many more. This farmhouse destination adds up because Solan has several hotels and resort projects redeveloped as a farmhouse and second homes.
In addition, the average price of properties is witnessing a hike ranging from 0.7% to 0.9% annually during the year 2019-22, and the rental rates are close to 4% per annum.
One interesting fact about Himachal Pradesh is that it comprises around 6-8% of India’s second homes and farmhouses, and Solan plays an integral role in its development.
Gokarna
Gokarna is a wonderful place in Karnataka, popular for its stunning beaches such as Kudle, Om and Paradise. Even though this place is less popular than Goa, this location has a lot of things to offer. The beaches, greeneries and elegant temples are one of a kind. From the real estate perspective, Gokarna is yet to be fully explored. However, this location is suitable for the real estate market for farmhouses, cottages, bungalows and second homes. Gokarna is witnessing an ever-increasing demand for such properties due to its location near Bangalore and Chennai.
The price of such properties in Gokarna is witnessing a hike on an average of 1.5-2% per annum. In addition, such properties in Gokarna have higher rental yields and a decent resale value.
see also – NGDRS Himachal Pradesh: Register & Know Property Value HP
Delhi-Jaipur Highway
The Delhi-Jaipur Highway is a 190 km long, 8-lane stretch which has the potential to pump out great real estate avenues. Be it farmhouses, gated villas, bungalows and so on. The highway links various tourist destinations in northwest India, such as Sariska Tiger Reserve, Ranthambore National Park, Alwar, Neemrana, etc. There are several archaeological sites and forts near the Delhi-Jaipur Highway. Making a financial investment in a farmhouse, bungalow, and the gated villa is ideal as properties in this location have a high resale value and pumps out higher rental yields.
Nandi Hills
Nandi Hills is one of the most beautiful hill fortresses in the south Indian state of Karnataka. The location is ideal for making a second home, bungalow, farmhouse, or villa as the location offers a breathing view and is close to nature. Moreover, individuals can gaze at the forest and the scenic view that offers a soothing living experience. Nandi Hills is located just 50 km away from Bangalore. Recently, it has become a popular touring destination and playground for real estate investments. It offers a great work-from-home experience as you can work in peace away from the city’s fuss. The properties in this location have the potential to generate higher rental yields and greet real estate avenues.
Sindhudurg, Western Ghat
Sindhudurg is located in Maharashtra, and the region is spread over an area of 5000 sq km. Here individuals can witness scenic hills, greeneries and iconic temples. It is one of the tourist hotspots because of its stunning view and soothing atmosphere. Sindhudurg is an ideal location to own and farmhouse, bungalow, villa and other properties. Moreover, properties in these areas have the potential to generate higher rental yields and also have a decent release value. The region is well-connected with NH17 and Konkon railways. Thus, in terms of connection, Sindhudurg is well-connected with the rest of India.
