Shop For Sale In Hazuri Bagh Srinagar - REELTOR

Shops in Hazuri Bagh rent for around ₹35,000/month on the main bazaar strip, with secondary lane shops available at lower rates. Standard lease terms are a 2–3 month deposit, 11-month agreement, and 5% annual hike.

In Hazuri Bagh, flats are currently priced around ₹3,936/sq ft and plots at ₹7,500/sq m. Independent houses and villas range from ₹60 L–₹3.0 Cr. The area is close to attractions like Hazratbal Shrine and Dal Lake, which supports steady demand and around 10% annual price appreciation.

Any builder project in Hazuri Bagh with more than 8 units or over 500 sq m must be registered under J&K RERA. Visit https://rera.jk.gov.in/ to search by project or builder name and check registration status, approved plans, and completion timelines. Never pay any booking advance without first confirming the RERA registration number.

Property in Hazuri Bagh has appreciated by around 10% year-on-year, with rental yields of approximately 5% annually. The proximity to Shankaracharya Temple and Mughal Gardens and growing infrastructure make it a solid pick. Post-Article 370, all Indian citizens can now buy property in J&K, which has broadened the investor base considerably.