Buying Real Estate in Leh Ladakh

Updated on April 24, 2017
Buying Hotel Property in Leh
Buying Hotel Property in Leh

My new friend on Facebook, who read my travel articles there, asked me:

How do you buy real estate in Leh Ladakh? ...[D]o you have any advice about buying land or an already-constructed flat or house or villa in Leh? What papers are required, and is there a finance scheme or bank loan available? I would love to own a house on this land as it is so beautiful, plus it will serve as my holiday home when I am there. Would it be a good investment property for long-term gains?

So I answered him: “Who would not love to own a house or a piece of land in this beautiful place, it’s like buying real estate in heaven. Isn’t it?" But unfortunately I had to tell him that the State of Jammu and Kashmir, where Leh Ladakh is located, is under a special act, and only people with a domicile in J&K can legitimately buy, sell, or own property in this region.

Under Article 370, residents of Jammu and Kashmir can buy real estate anywhere in India without any difficulties and J&K is the only state in India which has had this article implemented since 1951 by Pandit Jawahar Lal Nehru. But unfortunately, residents of other states or countries cannot buy real estate. They cannot buy agricultural land there even if they are farmers.

The only way to buy property in Leh Ladakh is in the name of a local.

I do know of a few people, even foreigners, who have bought real estate in Leh in the name of locals, and run it as a guest house for years and also used it as a holiday home. It is a win-win situation for both. I have heard of even boat houses, on Dal Lake in Srinagar, Jammu and Kashmir, having been bought in this way.

Buying a flat in Leh
Buying a flat in Leh

In nearby Himachal Pradesh, one can buy property which is residential in nature but not agricultural land. This means that in H.P., you can buy any property which lies within the municipal limits of the town, but not property outside it.

Under special conditions, one can buy up to 500 square yards of agricultural land in H.P., but the process is very lengthy and requires knowing the right people and having the right amount of money. This is the reason why in J&K people mostly lease real estate from the locals.

This year when I went to Manali near Leh with my friends, we met a lawyer in Manali. One of our friends took a small hotel on lease in Manali. The lawyer told us one could buy agricultural land in HP if he/she is an ex-servicemen or a senior citizen farmer, and Himachal is still on the loose side, but buying real estate in Leh Ladakh directly is not possible; it can only be done via a local.

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      Ankur agarwal 

      3 weeks ago

      I want hotel in ladak for lease

      Otherwise I want shop also

    • profile image

      STANZIN CHOZANG 

      8 weeks ago

      Ram JI

      You cannot buy land in ladakh and j&k both due to some article.

      but you can always invest with a guy who owns place there.

      For investing on resorts or hotels, I can definitely help you with that.

    • profile image

      Ram ji 

      9 months ago

      I am looking to buy commercial property in leh

    • profile image

      jatin 

      3 years ago

      Hello can anybody tell me a way to buy some land in leh i want to start a small tourist related enclave having a successful porject running in himachal and goa already so can anybody help me ? But i don't wanna start a business on others name or lease it

    • profile image

      Subodh Vashisth 

      4 years ago

      I m thinking to buy a house there for me .I want to stay my rest of life there.can u help me to buy property

      there.

      8962827206

      subodh067@gmail.com

    • profile image

      tatu 

      4 years ago

      our Comment...I m thinking to buy a house there for me .I want to stay my rest of life there.can u help me to buy property there .

    • profile image

      Stanzin Thinley 

      4 years ago

      Hello People!

      I seems there is an overwhelming interest in owning a land or a flat in Ladakh. Well you can meet all your requirements in Ladakh in terms of properties and vehicles from Total Property Solutions Ltd Leh-Ladakh near Main Post Office Leh.

      You can contact at 9469212885 or e mail to: tps.leh@gmail.com

      With Love

      Stanzin Ladakh

    • profile image

      Hani31 

      7 years ago

      Looking for an investment and business options in ladakh since past few weeks. i haven't seen any Favourable information regarding it, so far.

      Dr. Puri

      What are prospects.

    • profile image

      vijay puri 

      7 years ago

      In case you are interested to have property in Leh on Lease in a legitimate way contact me. I shall show you the way.

      Dr.vijay Puri

      drvijaypuri3@gmailc.om

    • soni2006 profile imageAUTHOR

      Rajinder Soni 

      7 years ago from New Delhi, India

      Come to Leh rsuan and you will love it. I am glad that you gave your precious time in reading this article.

    • rsusan profile image

      Rika Susan 

      7 years ago from South Africa

      What a beautiful hub. Love the pics! Thanks for helping me to discover Leh Ladakh.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, toughnickel.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://toughnickel.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)