27/10/2019
ARE YOU THINKING ABOUT INVESTMENT IN LAND OR Planning to LIVE IN DEHRADUN !!!
Here's a look at the key reasons that make Dehradun a promising real estate destination.
FIRST OF ALL... WHY DEHRADUN ?
Most of the cities of North India have been saturated in terms of Investment and development as there is no green field land available but in Dehradun there is huge opportunity as the capital under the development of smart city category after few years the connectivity from A cities like NCR, Chandigarh and other places will be one Go... Govt is also planning for hi speed rail and work is going on on highways to decrease the travel time by road.
Dehradun is cheap as compare to any other metro cities specially from Delhi-NCR.
You can enjoy your life in low expenses, cherish the nature in country side of the city .
Can Travel anywhere as the Doon airport is there, railway station and world class bus services(ISBT) is there in the city.
Dehradun is the capital of the Indian state of Uttarakhand, near the Himalayan foothills. At its core is the 6-sided Ghanta Ghar clock tower. To the southwest is Paltan Bazaar, a busy shopping area. Just east is the Sikh temple Gurdwara Nanaksar, topped with ornate white and golden domes. In Clement Town to the city’s southwest, Mindrolling Monastery is a Tibetan Buddhist center with shrine rooms in its Great Stupa.
Dehradoon is a beautiful valley surrounded by green and dense forest, Rivers, Caves, and Mountains , also Dehradun City is one of the oldest cities of India, bejeweled-like a glittering jewel in the lower Himalayan mountain ranges. The city is perched at an elevation of 435 meters and is currently enjoying its stature as the capital of Uttarakhand. Dehradun is the gateway to the famous hill station of Mussoorie and the pilgrimage spots of Haridwar and Rishikesh. This city is famous for its weather, Dehradun climate remains salubrious throughout the year.
In dehradun, you can find people of different ethnic groups living in harmony with each other.Also , In the past few years, Doon has become the favorite place to settle after retirement as many elderly couples have found their safe heaven here… Having closure proximity with mussoorie ,Dehradun is also the alternate option for stay during the festive times specially in Christmas and new year.
Residential market in Dehradun !!!
Average prices of properties in Dehradun is Rs 3,000 to 4000 per sq ft. 1-BHK apartments are available at an average price of Rs 18.66 lakhs, 2-BHK apartments at Rs 46.91 lakhs and 3-BHK apartments at Rs 72.08 lakhs. Several renowned players of the industry like Supertech Limited, Unitech Group, etc., have launched their projects in the city. Prominent micro-markets in the city worth investing in, are Majra, Chironwali, Pondha, Niranjanpur and Rajpur.
Average price for Plots @ 7500 to 35000 / Sq.Yard in under developing areas & 50000 to 1.25lacs/Sq.Yard in Developed areas near or in main cities.
Social amenities and good road, air and rail connectivity give a strategic advantage to Dehradun, over other cities of the state. Plans for a multi-purpose stadium project in Raipur, equipped with a good sports facility, is underway. Creation of the Delhi-Dehradun four-lane highway is expected to enhance connectivity in the region.
Retirement homes in Dehradun
Dehradun has traditionally been a retirement destination and continues to be a desired option, despite the growth of other tier-2 cities. Doon's moderate climate and serene environs attract several retirees, especially from the armed forces. Lying near the base of Himalayas, close to the holy towns of Haridwar, Rishikesh and Badrinath, Dehradun promises a quiet and peaceful lifestyle. Owing to a low crime rate, the city is regarded as one of the safest cities. There is availability of good healthcare facilities due to the presence of super-speciality hospitals. The city is also seeing new launches of premium projects for senior citizens.
Weekend homes in Dehradun
The pleasurable climate of Dehradun not just captivates tourists, but also investors looking for second homes. Nestled at a convenient distance from Delhi - a six-hour drive - Dehradun is emerging as a hotspot for vacation or weekend homes. NRIs and expats are also preferring to invest in this area.
Educational opportunities in Dehradun
Dehradun also wears the title of 'one of the best educational destinations' in the country. Located within the city are many prestigious day and boarding schools such as The Doon School, Dehradun Hills Academy, Rashtriya Indian Military College, St. Joseph's Academy, St. Thomas' College, etc. A reputed institution for army training, the Indian Military Academy is also located in Dehradun. Other institutes for higher education like the Lal Bahadur Shastri National Academy of Administration, ICFAI, Uttrakhand University and Forest Research Institute, are also present, with the best faculty and infrastructure.
Emerging IT and BPO centres in Dehradun
Doon's thriving tourism industry has led several businesses to set up their offices. Some companies include Serco, Genpact, Spice Digital and IndiaMart. In the past couple of decades, the city has undergone a tremendous change and there are plenty of job opportunities available for the youth. New SEZs (Special Economic Zones) and Software Technology Parks of India (STPI) have been established. The Selaqui area of Dehradun, houses many manufacturing units.
Q. Which area is most suitable for buying a plot in Dehradun, considering that it will be another 5 to 8 years before settle down there?
According to me it should be 10 to 12 KM from main Dehradun city with good connectivity… Near River , Mountain , Forest or any natural resources i mean anywhere near city which will give you peace and where you can build your dream house/ Resort/Villa in low budget cost, as the price will hike in coming 5–6 years in 3 to 4 times of land for sure as per my past experiences.
You should invest where currently land cost is cheap (6000 to 7000/Per Sq.Yard (never find below this price) And can't expect to get the same price after 2019, As Its tough to commit anyone about the future land cost will be same after development of smart city !
It's a good time to buy a land in Dehradun so that you can buy huge land within your approximate budget and spend money to decorate your dream sweet home , huge lawn area , rooftop garden, swimming pool, pet area etc...
If don't want to build a home then you can re-sale your land in 3 times up price after 5–6 years in any area which will be develop in coming years.
If you have any query related to Investment in Dehradun , I will be happy to help you.
