Blog
Introduction
Nagaland is now gaining popularity in real estate because of its strategic location and vibrant culture. With its economy rooted in agriculture, handicrafts, and tourism, cities like Kohima and Dimapur are becoming prime locations for property investments.
Significant Cities for Real Estate Investment
- Kohima-the state capital-city is going to look for growth in residential and commercial properties since urbanization.
- Dimapur: As the largest city and a transportation hub, Dimapur is ideal for commercial and industrial investments.
- Mokokchung: Housing and small-scale commercial properties avaliable in that area.
Current Real Estate Trends
- Residential markets are growing in urban areas, with increasing demand for affordable and premium housing.
- Commercial spaces in Dimapur and Kohima are expanding due to business and tourism development.
- Tourism is the main source of particularly in Kohima and Dzükou Valley.
Investment Opportunities
- Residential Properties: Budget-friendly homes and upscale apartments in Kohima and Dimapur.
- Commercial Real Estate: Retail and office spaces in business districts.
- Tourism Real Estate: Guesthouses and eco-resorts near popular destinations.
Legal Considerations
Land ownership in Nagaland is governed by customary laws, restricting non-indigenous ownership in some areas. So, consult with real estate agent.