The outlook for Himachal Pradesh
Second homes and tourism drive hill-town demand. Our radar marks Himachal Pradesh as "slow burn", with a sample yearly growth rate of 6.9%, or about 40% over five years.
Hotspots to watch
- Shimla region
- Solan
What drives demand
Government influence is low, Private sector influence is moderate, IT sector influence is low. Risk is rated medium on our three-step scale.