Price of Property & Land in Chikmagalur Real Estate Vs Major Cities

Did you know Chikmagalur was offered as a gift?

Chikmagalur is a beautiful hill station and an administrative district situated in Karnataka. It features as one of the top 5 tourist destinations in its state.The highest peak of Karnataka, Mullayanagiri peak is situated here. Chikmagalur gained prominence for its agricultural potential.History says that Coffee was cultivated in this region around the year 1670. Today, Chikmagalur is the largest Coffee producing region in Karnataka. 

Coming to the present day, real estate in Chikmagalur is a fast-growing market. This is majorly due to the abundance of natural beauty it has to offer. The lush green plantations and the rivers Tunga and Bhadra offer a perfect setup for relaxation.The average temperature is 20°C which is a relief from the harsh climate of the plains. The real estate options in Chikmagalur are diverse, owing to its considerably large area (> 7000 km2) ranging from a small house sale in Chikmagalur to variety of farm houses and luxury private pool villa in Chikmagalur.  

However agriculture lands in Chikmagalur especially the coffee estate for sale in Chikmagalur is the most demanding real estate segment and of course it contributes the major share of economy of this region.  Next to it, Commercial property like resort for sale in Chikmagalur are the preferred choice of investors due to its ever growing tourism importance and related floating population during summer and week ends.

To understand the exact position of this hill station from the real estate perspective, let us compare prices of property in Chikmagalur with major cities.
The following data has been compiled from trusted sources on the internet as of May 2021.

Let’s begin with residential land price.

Land price in Chikmagalur Vs Major Cities 

The average price for residential plots in top localities in Bengaluru, Hubli, Mysuru and Manglore are as shown below. The respective areas considered are 

• Bengaluru -Koramangala
• Hubli -Keshwapur
• Mysuru -Vijaynagar
• Manglore -Attavara

The prices are compared with average price residential site for sale in Chikmagalur at Uppalli 

The unit is in Rs. / sq. ft
 

Builder floor price in Chikmagalur Vs Major Cities

The average price for builder floor in top localities in Bengaluru, Hubli, Mysuru and Manglore are as shown below. The respective areas considered are 

• Bengaluru - Koramangala
• Hubli - Keshwapur
• Mysuru - Vijaynagar
• Manglore - Attavara

The prices are compared with average price in BM road, Chikmagalur

The unit is in Rs. / sq. ft

 

Price of flats in Chikmagalur Vs major cities

The average price for apartment in top localities in Bengaluru, Hubli, Mysuru and Manglore are as shown below. The respective areas considered are 

• Bengaluru - Koramangala
• Hubli - Keshwapur
• Mysuru - Vijaynagar
• Manglore - Attavara

The prices are compared with average price of Apartment in Chikmagalur at Kalasa

The unit is in Rs. / sq. ft

 

Independent houses / villa prices in Chikmagalur Vs Major Cities

The average price for independent house in top localities in Bengaluru, Hubli, Mysuru and Manglore are as shown below. The respective areas considered are 
• Bengaluru - Koramangala
• Hubli - Keshwapur
• Mysuru - Vijaynagar
• Manglore - Attavara
The prices are compared with average price of a villa in Chikmagalur at Kote
The unit is in Rs. / sq. ft
 

What do we infer?

• Chikmagalur is an economic real estate destination for people who wish to invest in a hill station at Karnataka and hence property for sale in Chikmagalur are always on high demand among city dwellers from Bangalore, Mysore, Mangalore, etc.

When compared with Major cities, the property rate in Chikmagalur is as given below

• One can find residential Plot / land for sale in Chikmagalur at only 8% of the price in the state capital Bengaluru.  
• Apartment prices are only 29% of that in Bengaluru Real estate and many folds cheaper than that of Mysore real estate despite of equivalent rental revenue at Chikmagalur 

As compared to its nearest city,

• Builder floor prices in Chikmagalur are 27%of price in Mangalore real estate
• Independent houses for sale in Chikmagalur are about half of the price in Mangalore 

What makes Chikmagalur click as a destination?

• Chikmagalur is popular for its high-quality local produce such as Coffee, oil seeds, cotton, sugarcane etc
• A Chikmagalur house is cheaper than that of the same size house in Coorg 
• The attractions in Chikmagalur are diverse. There is scope for activities like trekking, camping, water sports, jeep drives, plantation visits and wildlife safaris.
• The economical options of service apartments in Chikmagalur is more popular than any other hill stations in Karnataka 
• For nature lovers farm house for sale in Chikmagalur with different plantations, unique views of hills, valley, forest and water bodies and at different altitudes 

Are you interested in Chikmagalur real estate?

If anyone interested on property investment in Chikmagalur, they have multiple options right from residential plots to estates and villa or farm houses. In today’s internet era, It is just a click away for buyers to find properties on online property portals and compare. Out of which, Hills & Wills is the most favourite real estate website choice of buyers due to its unique nature of dealing with hill station properties alone, not only in Chikmagalur but across India and its focus on presenting a hill station property better than anyone else. 

For the sellers in Chikmagalur, they can post property Ad for free on hillsandwills.com with highest validity and for the Real estate agents in Chikmagalur it is really a boon that they can enjoy to post multiple properties for free with probability to reach hill property buyers across the borders, generate quick / quality leads and sell property online quickly than elsewhere and comparing to the print media advertisements. 

Not only that, the hill station property buyers and sellers never make a decision to buy or sell without browsing through Hills & Wills to understand  the market trends and dynamics to have an Idea – Thus Hills & Wills redefined the hill station real estate in India