Haridwar : Gateway to Lord Vishnu

Haridwar : Gateway to Lord Vishnu

At the feet of the gigantic Himalayas, Haridwar erects itself as Lord Vishnu's holy gate through which throngs of pilgrims and seekers, majority of whom being foreigners, walk towards the sanctuary of that Lord. Sacred and momentous in its own right, one of the major theatres of Rigveda, this ancient city is full of myth and words of the divine. It draws hundreds of thousands of devotees every year, many of whom are increasingly interested in property in Haridwar as part of their spiritual journey. In this blog we discuss the manifestation of spiritual needs in Haridwar tourism, transportation and connectivity statements, real-estate market data, and vision of the future development.

The Spiritual Element: Temples and Ghats

• Har Ki Pauri: The most divine place of Haridwar, from where inhabitants plunge in the Ganges and make prayers.
• Mansa Devi Temple: Temples are not only the place to attain spirituality but also an amazing tourist attraction! Talking about Dehradun, there is a temple on the top of Bilwa Parvat and it is dedicated to Goddess Mansa Devi and offers a bird-eye view of the city.
• Chandi Devi Temple: Clinging to Neel Hills, the temple is believed to be a wish-fulfilling one that people profess to. Elocution should be carefully planned to avoid unnecessary repetitions and overcome the challenges posed by short-lived attention spans.
• Maya Devi Temple: According to the legend, this ancient temple, which is dedicated to Goddess Maya, is an area where she spent the period of genius giving birth to Lord Buddha.

Transportation and Connectivity 

Road Connectivity:

National Highways:

• Haridwar is known as a district, which has a high level of access to big cities through a network of national highways, making it an appealing destination for those looking to buy property in Haridwar.
• The NH-34 stretches from Haridwar to Delhi and the other one connects it with Kashipur and Bareilly. In this way, the area will become one of the most popular tourist destinations.
• National Highway NH-58 is the main roadway adding Delhi-Haridwar as a key destination of pilgrims and tourists.

State Highways:

• The city of Haridwar has a road link that is connected to the rest of Uttarakhand through state highways.
• The convincing character of the Haridwar-Rishikesh State Highway which is a landscape route along the banks of the river Ganges is so attractive.
• In order to make it possible for the respective people to reach the Hon’ble State Capital, a highway from Haridwar to Dehradun State has been developed very easily.

Bus Services:

• The government bus routes and those run by private operators are both well managed.
• The numbers of bus services, such intercity transportations, are often destined for the cities of, such as Rishikesh, Dehradun, and Roorkee.
• Distant buses, which are the longest, connect Haridwar to the city centres of major cities in North India including Delhi, Chandigarh and Jaipur.

Rail Connectivity:

Haridwar Railway Station:

• Haridwar is a railroad station which is known as the largest and an important rail station in the region.

• Railway station has connectivity with leading cities which are spread across India namely capital city- Delhi, biggest city- Mumbai, port- Kolkata and business hub- Chennai.
• It also offers easy access to pilgrims coming to Holy cities like Haridwar.

Train Services:

• Haridwar is catered by daily train services, such as the Editorial , Fast and Former trains, making it convenient for those interested in Haridwar flats for sale to visit and explore their options.
• Among the leading express trains running between Haridwar are Shatabdi Express, Haridwar Express and Mussoorie Express.
• The railway station further has good connectivity to some religious landmarks in India, like Varanasi, Puri, and Amritsar.

Railway Infrastructure:

• The Railway station in Haridwar has been renovated to meet the future condition of passenger terminals.
• The local station has added modern facilities such as the computerised ticket booking, waiting lounges and dining places.
• The railway management has also added safety tips for passengers through announced messages.

Real Estate Market Trends in Haridwar

Let's explore the current trends and investment opportunities, including flats in Haridwar, that are shaping the real estate landscape of Haridwar.

Residential Market Trends:

Rising Demand for Housing– 

• Haridwar's years of population growth and ever-increasing urban setup are the main reasons behind Drought-driven demand for dwellings.

• The financially reasonable housing alternatives and developments in the city attract both gentrification and investors from the inside.

• The demand for the apartments, villas and direct-home houses is swelling, which gives a solution for different levels of income and preferences of living.

Emergence of Gated Communities– 

• Gated community culture is flourishing in Haridwar and such residential areas, offering a house in Haridwar, are a threat to community life and add seclusion.

• These neighbourhoods present many of the attractions that one can find in town such as: swimming pools, gymnasiums, and landscaped gardens.

• These days, the trend towards gated communities is with the idea that life should be of a very high quality and should also have a strong feeling of community .

Growth of Peripheral Areas–

• While the city further stretches, the development of real estate is also growing mainly in areas surrounding the inner city.
• New housing developments have already begun in those districts which are relatively cheaper than in the CBD.
• In turn, the infrastructure development that involves roads, school, and hospital construction are increasing the liveliness and the investment value of these attractive places.

Commercial Market Trends in Haridwar:

Thriving Retail Sector:

• The lack of interesting retail shopping for the growing population of Haridwar is increasing due to the growing popularity of the tourism industry, which also highlights the demand for plots in Haridwar.
• Advanced shopping malls, high-street retail outlets, and local shopping centres are formed in the city as it takes a step forward into the modern age.
• The rising number of people coming to the city along with a heightened consumption by consumers is a much-welcomed opportunity by local investors.

Expansion of Hospitality Industry:

• Haridwar as a prime spiritual point is thus driving the hotel industry with much success.

• A considerable rise in queries for hotels, resorts, and guest houses is observed so that they are in a position to provide accommodation for the increasing number of tourists and pilgrims.
• The tourism sector provides a very promising business environment and among other investors this industry includes low budget and beach resorts.

Growth of Office Spaces:

• An escalating industrial growth and the establishment of fresh firms is generating office space demand for Haridwar.

• The city is now home to new office buildings and business parks which are expected to facilitate business growth.

• Industrial places like SIDCUL are a persistent draw towards the establishment of the corporation and a subsequent need for occupancy spaces.

Current Land Price in Haridwar

Location-based Pricing:

• Land prices vary widely in Haridwar depending on location and proximity to major destinations, making a plot for sale in Haridwar an attractive option for many.

• Lots near the city centre, the cathedral and the banks of the Ganges river command price hikes.

• Remote areas and emerging areas offer slightly more expensive land.

Price Range:

• The average price of land from Haridwar ranges from Rs. 2,000 to Rs. 5,000 per square foot.

• But prices can go up to Rs. 10,000 or more per square foot in prime locations and apartments.

• When considering a land investment, it is important to examine location, connectivity and future development potential.

Stamp Duty and Registration in Haridwar

Stamp Duty:

• Stamp duty in Haridwar is 5% of total property value.
• The state government levies a one-time tax on real estate transactions.
• Stamp duty paid by the buyer at the time of registration of the property.

Registration Charges:

• The registration fee in Haridwar is 1% of the total property value.
• It is a fee paid to the registrar’s office for legal documents and registration of the property.
• The registration fee is also paid by the buyer in connection with the transaction of the property.

Residential Neighbourhoods

Popular Residential Areas:

• Jwalapur: It is usually known as one of the cheapest places to get accommodation and is conveniently connected to the city centre.

• Kankhal: A premium site containing a mixture of family units, bungalows and individual homes, including options for those looking for a house for sale in Haridwar.

• BHEL Township: BHEL will enlist a reputable architecture firm to design a residential quarter as the company desires its growth to extend to residential care.

• Shivalik Nagar: An elite residential area with luxury amenities combined with exclusive fenced communities and guarded access.

Emerging Localities:

• SIDCUL Industrial Area: In line with the increased demand because of industries growth, this area is observing a tremendous increase in the demand for housing.

• Bahadrabad: A developing downtown with a mix of housing and lower cost units, and getting an improved infrastructure.

• Sarai Gadhi: An area in process which can be considered as a promising opportunity for investment in the real estate sector.

Future Development Plans: Shaping the New Haridwar

• Smart City Project: Haridwar is set to transform under the Smart City initiative, focusing on infrastructure, waste management and sustainable development.
• Tourism Development: The government is investing in the development of tourist attractions such as ports, creation of new tourist districts and promotion of participatory tourism.
• Industrial Development: Haridwar is emerging as an industrial hub, with establishment of Integrated Industrial Estate (IIE) and promotion of small businesses.

Local Government Initiatives

• Cleanliness Drive: The place authorities launched many cleanliness campaigns which prevent the dirtiness and sustain the city filled with sanctity and hygiene, attracting those looking to buy a flat in Haridwar as a clean living environment is a priority.

• Infrastructure Upgrades: Government plans to develop roads systems, water supply, and pipelines of sewerage to make it the populous city convenient.

• Promotion of Renewable Energy: Haridwar through the way of adoption of solar panels and eco-friendly practices is at the heart of renewable energy to forward sustainable development.

Visitor's Guide: Tips and Recommendations

1. Best time to visit: The best time to visit Haridwar is October to March when the weather is pleasant and suitable for trekking.
2. Accommodation: Haridwar has a wide range of accommodation options, ranging from simple hotels to luxury hotels.
3. Local food: Don’t miss the local delicacies like the famous Haridwari Peda, Singori and Kachori.
4. Shopping: Haridwar is famous for its traditional handicrafts, religious items and Ayurvedic items, which make for great souvenirs.

Conclusion

Haridwar, a city which is like a common door to Vishnu, is a place where Spirituality, history, as well as the modernity cohesively reside. Through its thousands of years old temples, holy ghats and famous real estate Haridwar caters to a niche group with its double dip profit making, including those looking to buy a house in Haridwar. With the upcoming wonder policy and participatory approach, the city would well exhibit the politics of sustainable development by safeguarding its rich cultural heritage. Be it the spiritual pursuits or investment avenues, Haridwar is open for all sorts of travellers and with the Himalayas as its backdrop you are sent off for an extremely enlightening travel adventure.