Want to own a piece of heritage in Rajasthan? You can buy Pushkar Castle near Ajmer for just 3 crores! It’ll probably cost you same as a luxurious travel tour abroad. Invest anywhere between 1.25 crore to 25 crores to buy one of the castles or forts in Rajasthan and then hand it over to overseas developers and your heritage hotel will be ready for rich Indian and foreign travelers. You can be one heritage hotel owner yourself!!
Descendents of royal families in Rajasthan are finding it difficult to maintain sprawling castles and their artifacts with modern economic means. And Rajasthan being a popular heritage destination, they are turning their very heritage into real estate. They are selling off properties to keen buyers who are interested in owning a castle and developing heritage properties in one of the most popular heritage destinations of the world.
Rajasthan attracts tourists from all over the world. Travel industry’s selling point is the rich royal history and heritage of Rajasthan. Even celebrity travelers like Madonna, Rushdie, Domnique Lappiere, our own Amitabh Bachchan and many others prefer heritage hotels to standard five stars or seven stars hotels for their personal traditional hospitality and historical backdrop.
NRIs and foreigners are already rushing to buy these heritage properties. For them the price in Indian currency is not high. Castle buying trend is not a new concept for the West. Many castles in Europe have been turned in private luxury resorts, hotels or even museums. Now the trend is being set in India as well. Hence buyers are queuing up in large numbers. But will this do any good to heritage preservation? Only time will tell…
Pushkar Castle near Ajmer, spread over 20,000 sq. yards, is available only for 3 crores. Even lesser than what we have to shell out for 3BHK luxurious penthouses in upscale metro locality!
source: economictimes
