Flat For Sale In Dratho Chamba - REELTOR

The expected rental yield for a flat in Dratho Chamba varies depending on the type of property. For a long-term residential flat, you can expect a yield of 2-3.5% p.a., similar to what is seen in Chamba town. However, if you're looking at short-term holiday rentals, such as homestays or boutique hotels in Khajjiar or Dalhousie, yields can range from 10-18% p.a. This is because these areas are popular with tourists and have a high demand for accommodation during peak seasons.

Yes, NRIs/OCIs can buy constructed flats/houses in urban areas up to 500 sq m in RERA-registered projects. However, they must comply with FEMA rules and obtain permission under Section 118 of the HP Tenancy Act for buying vacant/agricultural land. Payments can be made via NRE/NRO accounts or inward remittance in foreign exchange, but LTCG proceeds are subject to TDS deductions.

Formal apartment supply is limited outside Chamba town and Dalhousie. However, non-Himachali buyers can purchase constructed residential properties up to 500 sq m in RERA-registered projects in urban areas without Section 118 permission, as per the exemption granted under HP RERA.

You can verify the registration of a project on the HP RERA website (hprera.nic.in). Formal projects are rare outside Dalhousie, but you should always check for RERA registration before paying any advance to a builder. As a buyer, you're protected by an escrow mandate (70% of funds), possession timeline, and 5-year defect liability under HP RERA.