Dehradun is ready for realty rally

Q: Hi, do you know that Uttarakhand has always been among the top destinations on buyers’ wish list and the property market?

Varun,

7th April 2014

Real estate News in Dehradun

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Replies (1)

Hi Varun,
But the recent blow in the state showed an overall slowdown in the real estate sector that badly hit property market in hilly state, especialy in 2013.

Vinu S,

7th April 2014

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You are absolutely right Vinu,
According to market follower there has been an overall fall in price of 35% in the realty market and few buyers are in the market inspite of the launch of some new projects in the state.

Samrat,

7th April 2014

Yup....
This slow down has seen throughout the country at that time but there might be some other factors that hit the Doon Valley badly. Because of devastating floods regions extensive migration have been seen from higher region to lower region.

Vinu S,

7th April 2014

Yes, many people settled down to Dehradun and the nearby areas of Rishikesh, Haridwar and Udham Singh Nagar which raised the property price in those areas past few months.

Samrat,

7th April 2014

@ Samrat,
And it is seen that most of the buyers are from delhi and other parts of the country and migrants people from the higher regions are looking for the property specially in hill stations of Mukteshwar, Nainital and Chaukhutia (Amora) for end use.

Vinu S,

7th April 2014

@ Vinu,
Because of this 50 housing projects have been sanctioned and most of these are located around Sahastradhara falls and Rajpur Road in last year.

Samrat,

7th April 2014