Nishat Sees Demand Spike for High-End Villas

The luxury real estate segment in Srinagar is heating up as prices for 3–4 BHK villas in the upscale Nishat area rise by 8%, now ranging between ₹1.5–2 crore. This surge is fueled by increasing demand from affluent buyers, including NRIs and established local families seeking premium homes.

Developers in Nishat report strong interest in villas featuring modern amenities, landscaped gardens, and privacy, appealing to buyers who value exclusivity and comfort in a serene environment. The area’s proximity to Dal Lake and well-maintained infrastructure adds to its appeal.

Real estate experts note that this price growth reflects a broader trend of luxury homebuyers targeting Kashmir’s most prestigious neighborhoods, driven by improved connectivity and lifestyle offerings.