Whenever we talk about hills and tranquility, Dehradun is the first name that strikes our mind. Dehradun, located in Garhwal region of Uttarakhand, is an emerging city of North India region.
The city is only 250-odd kilometers from the national capital; witnessing a huge growth in residential as well as commercial development. There’s already a tremendous demand for 3 bedroom flats in Dehradun, due to affordable prices and the rising need of uplifting lifestyle among the locals.
The Doon Valley is situated on the foothills of the Himalayas and snuggled between Ganga River on the east and Yamuna on the west.
Ever since its inception as the capital city of Uttarakhand in 2000, Dehradun has earned the epithet of “Educational Hub of India”. There are numerous education institutions for engineering, medical, law, designing, management, etc.
The education facilities, along with amazing connectivity with the rest of Uttarakhand, has attracted a large number of students, skilled workers, and professionals in the city. This new demographic has created anever-increasing need for 1 bedroom flats in Dehradun.
The population in the city is still low. With competent education industry and high-scale government offices, Dehradun amassed decent per capita income of Rs.1, 60,000 approx (as per 2012 figures: national average is Rs. 53,600).
This growth in per capita income is substantially attributed to the tourism industry. Every year, thousands of tourists come to the city for hotspots like Kalanga monument, Sahastradhara, Mindrolling Monastery, Chakrata, Dakpathar Tapovan, Lakshman Siddh Peeth, Tapkeshwar Templeetc.
The 2 bedroom flats in Dehradun are spread all over the city, being the most popular choice among new buyers. The property rates are still less compared to Delhi NCR, but the current trends signal to the skyrocketing prices within the next 10 years.
This tendency raises a new question among potential buyers, is 2017 the right time to invest in Dehradun? Well, it’s always good to have a headstart. You invest now and reap the benefits of rising prices in the near future.
The choice is yours.