Pahalgam is one of the most beautiful places in Kashmir valley. Often referred to as "The valley of shepherds", Pahalgam is situated in South Kashmir at a distance of 100 Kms from Srinagar.
Pahalgam is easily accessible from Srinagar by road. Those on a budget can either take a shared cab (mostly Tata Sumo, Tavera etc) to Khanabal from Srinagar which costs Rs 70 per person and then from Khanabal bus stand there are a number of local buses that ply to and fro Pahalgam everyday, the fare is around Rs. 50 per person.
In case you want to take a cab all by yourself, you can take one from Srinagar which costs approximately Rs 2000 for one way and 2500 for return trip (same day).
Spend a day here, trek to Betaab Valley or Baisaran if you're up for some adventure or you can go for a picnic by the riverside.
Stay overnight at Pahalgam, there are a lot of options available from rooms ranging from a 1000 rupees to rooms which cost 10,000+ per night. If you start early from Srinagar around 7-7:30 AM, you'll reach Pahalgam maximum by noon.
Pahalgam is a famous tourist destination which means a lot of visitors, hotels, restaurants and other commercial establishments. Basically, a lot of people. Now some people would rather want to spend a few days away from all the crowd in peace, for those people I recommend going to Aru and Lidderwat Valley.