Shimla draws 5L+ annual tourists but heritage-property homestay supply is thin. A 4-6 room boutique heritage homestay paired with a curated HP-origin produce retail outlet captures the experiential premium.
Tap all that apply
One quick sign-in to count you — Indian numbers via SMS OTP, everyone else via email OTP.
Shimla's classic British-era heritage homes are slowly being lost to redevelopment. The few converted to boutique hotels/homestays charge premium prices and run high occupancy. A 4-6 room boutique heritage homestay in a restored colonial bungalow paired with a curated retail outlet selling HP-origin produce (Kinnaur apples, Spiti almonds, Kangra tea, Kullu shawls, Chamba rumal) captures both lodging revenue and retail margins.
Capex of 25-60 lakh covers property lease/build, restoration, furnishings, retail fit-out, and 8 months of working capital. NEC's tourism subsidy + HP's Heritage Property Restoration Subsidy (25% on restoration cost up to 15 lakh) cover the gap. Hard parts: getting the right property at sane lease/buy rate, Heritage Conservation Committee approvals for any structural work, and managing 4-month shoulder-season slowdown. Realistic: 4 years to break-even at 65% annual occupancy.
Eligible schemes
Indicative only — final eligibility depends on promoter category, location, and the bank's credit policy. The DPR generator spells out exact subsidy quanta for your specific case.
Real numbers contributed by people on the ground. Visit markets, talk to suppliers, drop in what you know.
Know a real number — wholesale price, yield, transport cost?
Sign in to add a fact.
Specific calls for the community. Vote on polls, share what you know, find co-explorers.
Want to ask the community something specific?
Sign in to post an ask.
Success stories
Who's building this
Be the first to claim this opportunity. Future visitors will see your build log here.
Be the first to ask. Specific doubts get specific answers.
Have a specific doubt about this idea?
Sign in to ask a question.
Be the first to share a thought, question, or experience.
Want to share a thought, react, or note what you tried?
Sign in to post a comment.
Ready to put this in front of a banker?
Generate a Detailed Project Report (DPR) — the document banks ask for on MSME loan applications — customised to your capital, land, and capacity.
Couldn't find what you needed? Be the first to ask the community about Shimla heritage homestay and HP-origin produce retail.
