By ETH Infra - 04:Feb:2020
A second home is always considered as an
Abode of Peace when you need some relaxation or break from your regular
schedule. And when it’s about recharging you in an environment where purity and
sanctity is the ultimate concern, Haridwar is the place that comes in mind both
for a healthy body and pure soul. A plethora of second home options in the lap
of the scenic beauty of Uttarakhand attract real estate investors as well as
buyers.
Flats
in Haridwar have become one very sought after options
these days, for those, who wish to spend quality life after retirement or
during vacations. When you plan to buy a property in a hilly tourist
destination, you need to observe numerous things from close and consider. Here
is a discussion that may help you in the process of selection and finalizing
the property.
o
Favourable State Regulations:
Uttarakhand Govt. is quite flexible and particular in respect to property
buying and selling by residents as well as outsiders of the state. Of late,
Uttarakhand has grown to be an investment open state without any restriction on
plot size. The State Govt. has also set regulations on the purchase of
agricultural land outside the city area. The Govt. has also set the Land
Ceiling Act for purchasing agricultural properties within state limits.
o
Multiple Options for Buyers Available: Being
a tourist spot that is hilly, Haridwar is not to be underestimated in terms of
property ranges and categories. Uttarakhand, especially Haridwar, along with
Rishikesh, offers quite several properties of varied categories for both
residential and agriculture purposes. Starting from small two bedroomed
properties to apartments and villas, Haridwar is now a growing place, real-estate
wise. Those who prefer to spend life in the lap of peace and sanctity, Haridwar
is a common name to them.
o
Steady Yet Justified Appreciation of Rates: Any
property in a growing place has always seen upward rising rates in case one has
tried to sell. The resale values have always been a major concern among
property buyers. In this respect, Haridwar, if once you have owned flats in Haridwar, you can rest assured
that the appreciation value will always get hiked. For example, properties in Haridwar and other major
parts of Uttarakhand have witnessed a hike of more than three times in a span
of two to three years.
o
Freehold Properties: Not only developed flats and apartments in Haridwar, but all types
of plotted development throughout the state are also sold as freehold
properties that too backed with set paper works. This helps fresh registration
of property in Haridwar easier.
o
Leasehold Model Getting Popular: With
the popularity of hospitality chains and rooms on rent, people are purchasing
more and more properties for rent. Investors are investing in properties on
lease basis to put them on rent and earn a hefty amount from that.
With the growing popularity of Haridwar as
a real estate hub and property investment center, fraudulent practices have
also grown in varied ways. Buy property
in Emerald Riviera that keeps you free from all sorts of woos, giving you
the best deals in real estate across the state.
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