From Delhi to Kathgodam travel by overnight train (Ranikhet Express). Kathgodam is the last Railhead for the region and serves as the base for all road journeys to Naukuchiyatal, Nainital, Bhimtal, Almora, Munsiyari, Mukteshwar etc. Mukteshwar is about 70km from Kathgodam and will take you about four hours as you climb to about 2450m (8000 ft) .
Mukteshwar is a tiny hamlet, and is best seen on foot. Take leisurely strolls along the main road - which is no more than 2 meters wide at any point - from the IVRI till the PWD House whilst taking in the spectacular views of the mountains.
This is a small town, with just a handful of hotels in the area as construction is restricted. There are no touristy buys, but you can find rhododendron juice and preserves.
Mukteshwar has got some good commercial centers and “Shri Hari Store” is leading one. You can get all your daily need items from the Shop. From mineral water, wafers, cosmetics, Snacks to all the house hold items.
Piping hot tea is available from the few small family-owned stalls. The one at the entrance to the IVRI is popular with the locals.
The northern side of Mukteshwar is occupied by IVRI and perhaps the PWD Circuit House is one of the places to offer good Himalayan sight. There also is the Kumaon Mandal Vikas Nigam tourist hotel which has a terrific location, next to the PWD circuit house. The circuit house, by the way, has housed Jim Corbett for long stretches in the past.
Shreehariresort is another quiet place to live. The resort is is only accommodation available at Mukteshwar (0 Milestone), which is surrounded by thick coniferous forest as seen from the front side of the rooms. There are a bunch of other places to stay at just outside of Mukteshwar. Mountain Trails is one of them, and there is Krishna Resorts. The former is pretty well located for scenic views.
It is better that you stay at Peora which is about 10 km from Mukteswar on way to Almora and good apartments are available for staying in comfort (Resort Sequester). Peora offers excellent Himalayan view with its snow capped ranges. Or else you may choose to stay at Sagarkhet towards Ramgarh. Some small lodges exist but water supply may pose a problem.
Nainital - the lake city, Almora the ancient capital of Chand rulers.