The Rishikesh short-stay market
Rishikesh receives over 3.5 million visitors annually — spiritual pilgrims to Neelkanth Mahadev and Triveni Ghat, wellness travellers to Patanjali and the yoga schools of Tapovan, adventure tourists for rafting and camping, and second-home NCR weekenders. A furnished studio in a gated township with pool, clubhouse and 24×7 security consistently outperforms unbranded homestays on both price and occupancy.
Realistic pricing bands
- Peak (Oct–Mar, holidays, long weekends): ₹5,500–8,500 / night
- Shoulder (Apr–Jun): ₹4,000–6,000 / night
- Monsoon (Jul–Sep): ₹2,800–4,500 / night
- Blended average: ₹4,500–5,500 / night at 55–65% annual occupancy
Sample annual math (single studio)
- Nights sold: ~220 (60% occupancy on 365 nights)
- Avg nightly rate: ₹4,800
- Gross revenue: ~₹10,56,000
- Operating cost (OTA fees, housekeeping, utilities, tax): ~30% = ₹3,17,000
- Net rental income: ~₹7,40,000 per year
The yield
At a ~₹60 lakh all-in acquisition cost (BSP + CAPEX + club + registration), a ₹7.4 lakh net rental year is a ~12.3% net rental yield — before capital appreciation. Compare that to the sub-3% net yield of a comparable metro apartment and Rishikesh short-stay quickly becomes one of India's best small-ticket real-estate trades.
