Price of Property in Solan Vs Northern Cities

A lesser-known hill station that is an epitome of beauty… 

Solan is a tiny hill station situated in the state of Himachal Pradesh. Its popularity can be attributed to its location. It is located at a distance of 50 kms from Shimla! It stands at an altitude of 1467 m surrounded by beautiful mountains and forests. It derives its name from the Hindu goddess Shoolini Devi.  

Let us explore the history of Solan. Now the headquarters of Solan district, this hill station was the capital of the erstwhile princely state of Baghat. In the last quarter of the 19th century a cantonment was constructed here which attributed to its importance. In 1948, the state of Himachal Pradesh came into existence as an administrative region. The state was subject to restructuring in 1956 and then subsequently in 1972, Solan district was created. 

Coming to present day, Solan holds significance as a place of tourist interest. Its popularity is due to the quest of young working population of north India for an equivalent or alternative to Shimla. Thus, Solan gradually came to be known as ‘Mini Shimla’ and the Solan real estate market boomed.It is also regarded as a place of agricultural and horticultural interest. It is a famous destination for cultivation of mushrooms and is called the ‘mushroom city of India’. 

Having said that let us look into property price trends in this city. The following data has been compiled from trusted sources on the internet as of August 2021. Let’s begin with residential land price.

Residential Plot price in Solan Vs Major Cities 

The average price for residential plots in top localities in Chandigarh, Jalandhar, Amritsar and Delhi NCR are as shown below. The respective areas considered are 

• Chandigarh – Dera Bassi
• Jalandhar – Pholriwal
• Amritsar – Chowk Farid
• Delhi – Sector 108 Gurgaon

The prices are compared with average residential land price in Deoghat, Solan
The unit is in Rs. / sq. ft

 
Agricultural Land price in Solan Vs Major Cities 

The average price for residential plots in top localities in Chandigarh, Jalandhar, Amritsar and Delhi NCR are as shown below. The respective areas considered are

• Chandigarh – Daria
• Jalandhar – Basti Danishmanda
• Amritsar – Indra Colony
• Delhi – Manesar
The prices are compared with average farm land price in Anji, Solan
The unit is in Rs. / sq. ft
 


Flat price in Solan Vs major cities

The average price for apartment in top localities in Chandigarh, Jalandhar, Amritsar and Delhi NCR are as shown below. The respective areas considered are 

• Chandigarh – Zirakpur
• Jalandhar – Adarsh Nagar
• Amritsar – Sandhu Colony
• Delhi – Mayur Vihar I
The prices are compared with average Flat price in Baddi, Solan
The unit is in Rs. / sq. ft

 
Independent Houses / Villa prices in Solan Vs Major Cities

The average price for independent house in top localities in Chandigarh, Jalandhar, Amritsar and Delhi NCR are as shown below. The respective areas considered are 

• Chandigarh – New Chandigarh
• Jalandhar – GTB Nagar
• Amritsar – Rajinder Nagar
• Delhi – Shahadra

The prices are compared with average villa / bungalow price in Kumarhatti, Solan
The unit is in Rs. / sq. ft

 
Farm house prices in Solan Vs Major Cities

The average price for independent house in top localities in Chandigarh, Jalandhar, Amritsar and Delhi NCR are as shown below. The respective areas considered are 

• Chandigarh – Sector 2
• Jalandhar – Khambra
• Amritsar – RB Estate
• Delhi – Chattarpur

The prices are compared with average farm house price in Khanalag, Solan
The unit is in Rs. / sq. ft

What do we infer?

• Solan is a fairly affordable real estate destination in Himachal Pradesh as compared to major cities in plains
• Property in Solar are comparatively cheaper than at Shimla 

When compared with Delhi NCR as a benchmark, the Solan Property Price is as given below

• One can find plot / land for sale in Solan at only 19% of the price in Delhi
• Flat for sale in Solan are only 17% of the apartment price in Delhi
• You will not believe that the Independent house for sale in Solan are less than 10% of the price in Delhi

As compared to its nearest city,

• Agricultural land for sale in Solan are about 1/3rdof the price in Chandigarh
• On the other hand, Commercial property or shop for sale in Solan are rare to find since they fetch attractive income due to ever increasing tourist and floating population to Solan 

Apart from the price point, what makes Solan click as a destination?

• Peaceful living, away from noise and pollution in a climate that is pleasant throughout the year
• A good number of high-quality educational institutions that make it an educational hub

Are you interested in Real estate in Solan?

Buyers predominantly prefer the new gen online property portals over the traditional print media Ad or local real estate agencies due to the advantages of easy price comparison, options of multiple properties and visual input like photos and videos comparing to just text. There are many such portals now a day with their own strong holds. Out of which Hills & Wills is the most preferred choice of anyone to buy property in Solan since it exclusively deals with hill station properties alone across India especially at Solan, it has the property options higher than anywhere else and it is more user friendly real estate website which has extensive and precise information about a hill property.

Solan property owners can post property Ad for free on hillsandwills.com. Unlike other property portals, Hills & Wills deals exclusively with hill station real estate including Solan and provide highest validity for a free Ad than elsewhere.  Solan property dealers have the facility to post multiple property Ads for sale or rent on Free of cost. By doing so, they reach the buyers beyond boundaries and sell property online quickly without spending on brokerage by directly dealing with the interested and eligible buyers.