Kodaikanal : 3,500 sq. ft Bungalow Sold for Rs. 4.5 Crore

A bungalow about  3,500 sq. ft in Kodaikanal was sold for Rs. 4.50 crore.

Kodaikanal has emerged as an important holiday and tourism destination and has been generating active interest among the investors and second house buyers.

As tourism is dominant in this location, such bungalows can easily be modified and renovated to address the growing demand from tourists. Social (Education, health care,retail developments etc) and physical (Roads, Electricity, Water etc) Infrastructural developments have also aided the location to gain the required growth momentum.

Src: Cushman & Wakefield

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