Tourism Investors Drive Demand for Dal Lake Homes
Refurbished houseboats on Dal Lake are witnessing a 10% surge in real estate prices, with current values ranging from ₹50 to ₹80 lakh, driven by a renewed wave of interest from tourism-focused investors.

The rise in demand is largely attributed to post-pandemic travel recovery, government efforts to promote eco-tourism, and increased visitor preference for unique luxury stays. Local developers and houseboat owners are responding by upgrading interiors, adding solar features, and offering modern amenities while retaining traditional Kashmiri aesthetics.

Industry experts note that the investment appeal lies in dual utility—hospitality and heritage, making these floating homes not just a cultural icon but also a lucrative realty asset.