Almora, Uttarakhand
About
Almora is heating up because it's getting steadily easier to reach, policy support is strong, and tourism/knowledge-economy anchors are growing. The district logged ~4.22 lakh tourists in 2024, air links via Pantnagar (about 127 km) plus Kathgodam rail access are improving, and the state is upgrading key NH-109 hill stretches. Homestays and small hospitality projects get capital/interest subsidies in hill districts, which is fuelling quality inventory. Prices are still below nearby premium hill micromarkets (like Nainital's Ayarpatta or Dehradun's Rajpur Road), so Almora is increasingly seen as the value buy in Kumaon with upside as connectivity and tourism deepen.
Current Growth
Key Valuation Drivers
Pantnagar Airport Expansion
Runway expansion from ~1,372 m to ~3,000 m with land already transferred and clearance reviews underway will enable larger aircraft and more flights, boosting second-home, hospitality, and rental demand.
NH-109 Corridor Upgrade
Strengthening and realignment of Rudrapur-Kathgodam linked to the airport plan will improve Almora's approach reliability, driving weekender-residential and hospitality growth.
Jageshwar Dham Visitor Management
A Rs 20 shuttle and peak crowd-control system enhance visitor experience and capacity, increasing demand for hospitality and retail in the region.
Tourism Policy 2023 & Single Window
UTDB's policy with TIFC and Invest Uttarakhand single window streamlines approvals, subsidies, and duty reliefs for hotels and resorts, improving project execution and yields.
Hill District Homestay Subsidies
Government support with 33% capex subsidy and interest aid encourages homestays across Almora, improving quality stock and creating stronger cashflows.
Digital & Utility Corridors on NH-109
MoRTH permissions for aerial OFC along highways boost internet reliability, supporting remote work, long stays, and smart lodging opportunities.
Liquidity & Resale
Rewealth will assist you with exit
We will help you with resale of your property in the future. The resale guarantee kicks in after 3 years from the time of registry.
Rewealth's Opinion
When an airport's route density + landside ecosystem (hotels, offices, retail) matures and surface access improves, adjacent micromarkets typically compound mid-teens annually during build-out phases—ET already notes ~20-25% YoY post-MOPA in the region. Dodamarg, as a lower-base, airport-proximate plot market, is positioned to track a similar path if the NH-66/expressway timelines and aerocity pipeline stay on course. Dodamarg sits in the immediate influence zone of MOPA (North Goa), and is getting a rare “triple kick”: rapidly scaling air traffic & cargo at the new airport, a 232-acre Aerocity + large hospitality pipeline taking shape around it, and big inter-state road upgrades that make North Goa-Konkan living and tourism more seamless. Government land-rate resets in Pernem/Bardez (Goa) and steady STR (short-term rental) demand in North Goa amplify capital values and rentals, while Dodamarg offers bigger land parcels at a discount to Goa villages across the border—hence the outsized interest.