Property & Land Rates in Dehradun Vs Major North Indian Cities

A Himalayan hill station that has abundant places of tourist interest…

Dehradun or Dera Doon is the largest city of the state of Uttarakhand. It is one of India’s most popular hill stations. It is located in the Doon valley at the foothills of Himalayas at an altitude of 2100 ft. The specialty of Dehradun is that it acts as a gateway to a number of Himalayan tourist places like Mussoorie, Kedarnath and Badrinath. Dehradun has an endless list of picturesque places, captivating landscape, charismatic sceneries, lush-green valleys, sparkling rivers and majestic mountains.

The beauty of Dehradun is such that a single visit will be a compelling reason for buying a property there, especially for vacation purposes. To facilitate purchase of Properties in Dehradun, the state of Uttarakhand has opened its real estate market for buyers from outside the state. There are no restrictions on the size of property or plot if one wishes to purchase within municipal limits of cities. Investors are thus keen on investing in this beautiful city. Another major reason for real estate growth in Dehradun is its accessibility. The speciality of Dehradun is that it is a well-connected city. It is easily accessible from major cities via road (National Highway 7), railways (Dehradun Railway Station) and airway (Jolly Grant Airport)

Having said that let us look into the trends of Real estate in Dehradun especially the property price. The following data has been compiled from trusted sources on the internet as of June 2021. Let’s begin with residential land price.

Plot price in Dehradun Vs Major Cities

The average price for residential land in top localities in Meerut, Moradabad, Chandigarh and Delhi NCR are as shown below. The respective areas considered are

• Meerut – Delhi Road
• Moradabad– Ekta Vihar South
• Chandigarh - Mullanpur
• Delhi NCR – Sector 34, Rohini North

The prices are compared with average residential plot price in Malukawala, Dehradun

The unit is in Rs. / sq. ft

Builder floor price in Dehradun Vs Major Cities

The average price for builder floor in top localities in Meerut, Moradabad, Chandigarh and Delhi NCR are as shown below. The respective areas considered are

• Meerut – Guru Nanak Nagar
• Moradabad – New Khushal nagar
• Chandigarh -Mullanpur
• Delhi NCR – Greater Kailash I

The prices are compared with average builder floor price in DandaLakhond, Dehradun

The unit is in Rs. / sq. ft

 

Apartment price in Dehradun Vs major cities

The average price for flats in top localities in Meerut, Moradabad, Chandigarh and Delhi NCR are as shown below. The respective areas considered are

• Meerut – Modipuram
• Moradabad –Harthala
• Chandigarh - Zirakpur
• Delhi NCR – Sector 65, Gurgaon

The prices are compared with average flat price in GMS Road, Dehradun

The unit is in Rs. / sq. ft

Independent houses / villa prices in Dehradun Vs Major Cities

The average price for independent house in top localities in Meerut, Moradabad, Chandigarh and Delhi NCR are as shown below. The respective areas considered are

• Meerut – Gagan Enclave
• Moradabad – Line Par
• Chandigarh - Mullanpur
• Delhi NCR – Sector-150 Noida

The prices are compared with average house / villa price in Badowala, Dehradun

The unit is in Rs. / sq. ft

What do we infer?

• Dehradun is a fairly affordable real estate destination in Uttarakhand as compared to major cities in plains

When compared with Delhi NCR as a benchmark, the Dehradun property rate   is as given below

• One can buy land / plot in Dehradun at only17% of the price in Delhi
• Apartment prices are 65% lesser than Delhi
• One can buy builder floor for just 16% of the price in Delhi

As compared to its nearest city,

• Independent house prices are only 38%of the price in Meerut

Apart from the price point, what makes Dehradun click as a destination?

• The ongoing efforts by the central government to develop Dehradun as a smart city. In March 2021, Dehradun bagged the smart city India award 2021 and Investment in Dehradun on a boom.
• According to a research conducted by Dainik Jagran and KPMG, in 2018, Dehradun features as the safest city to live in

Are you interested in Dehradun Real Estate?

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People may visit www.hillsandwills.com not only to explore property advertisements for sale or rent in Dehradun but also to understand general Dehradun property-rate trends and distinctive hill-property characteristics before making their own decisions. Through its specialised listing, search, comparison and advertising features, Hill station real estate advertising is redefined and truly simplified by Hills & Wills.