Real Estate News

real state
October 4, 2022

Tiger shree

By News in Real Estate News with No comments

Investment opportunity in plots in Dehradun

Dehradun is the capital city of Uttarakhand and has always been a popular tourist destination. The city is a 236-kilometer drive away from New Delhi.

The peaceful environment coupled with high mountain ranges and activities of leisure has attracted several investors to buying weekend homes or second homes. The city of Dehradun also has some renowned educational institutions and developed industrial sectors. Although the city showed slow growth in the real estate sector, due to rapid urbanization property prices have doubled in the recent past Second Home Investment Dehradun is a 6-hour drive from New Delhi and investment in this area will act as an ideal second home destination or a weekend home destination. The city offers a lot of tourism coupled with a great climate and green environment. This great climate is one major advantage that has successfully lured several investors into buying second homes.

Tourism

Dehradun has always been a tourist hot spot due to its advantageous location. The MDDA has also proposed a tourist center over 28 acres of land to promote tourism further.

Construction of 5-star hotels, malls, and recreational facilities is in full swing. This tourism growth is triggering commercial and residential real estate growth High Return on Investments Dehradun has been voted as the fifth most preferred destination for real estate investments by the NRIs. Dehradun has shown a lot of potential in recent times and without a doubt, it has lived up to these claims as the property prices have risen constantly. According to experts this trend is set to continue and will eventually lead to a high return on investment by making Dehradun a safe investment option Top Builder In the last decade or two, Dehradun just had plotted developments but the surge in property prices and investors showing their interest in this region has led to a shift of events. The increased investments have attracted several developers, especially premier builders in Delhi to propose major projects. The development in social infrastructure and rapid urbanization has also led to these developers considering Dehradun. The property prices in Dehradun are on average. The introduction of newer projects has just doubled the demand for real estate.

Technological and Educational Hub

Dehradun is fast transforming into a technological and educational hub. The constant surge in population has helped Dehradun in its infrastructural growth.

Furthermore, the heavy tourism has encouraged many to set up businesses and stores in Dehradun which are profitable. The city has successfully managed to keep up with the pace of the current lifestyle and has adopted to latest fashion trends, entertainment, and technology. The Indira market is the place in the city for all shopping needs. There are other projects which will see the construction of malls and recreational facilities. The Doon School in Dehradun is considered one of the premier schools in India which provides top-tier educational facilities and has several students around India enrolling Benefits of investing in plots There are several benefits of investing in plots that have been summarized further to provide a clear idea so that maximum benefits can be attained. Nowadays, purchasing land is preferred more as compared to buying a flat as there are several advantages, and no doubt tiger shree in real estate happens to be the most stable option. Land purchasing has become a much more popular option, and the demand for land has increased tremendously for various reasons.

  1. More Flexible Investment Option

While purchasing an apartment, one looks into its decor from the point of view of the architect, and opportunities to make changes are limited as a complete layout change is certainly not possible.

On the contrary, a plot or land is similar to an empty canvas which gives multiple opportunities to design and decorate it with the leverage of having one’s own will and choice. A house is for a lifetime, and therefore, illustrating and designing have to be done according to one’s taste and personality as well as lifestyle requirements.

  1. Land Does Not Need Maintenance Charges

After purchasing a flat or an apartment, one has to pay monthly maintenance charges, including plumbing issues, electrical problems, and renovations, irrespective of whether the person decides to stay in that flat or keeps it locked. The benefit of investment in plots is that it does not demand any such cost, hence saving a good amount of money every month.

  1. Initial Investment Is Lower

The benefit of investment in plots is that it is cost-effective, which means one can purchase a piece of land and build a home later, whenever it is affordable, while the initial investment remains low because the price of a furnished apartment will always be higher than an empty plot.

  1. No Delay in Possession

One of the most important benefits of investing in plots is that there is no time gap between the purchase and possession of the land. A flat, which is under construction demands a wait time until the construction is completed. Also, the final handover time depends upon the stage of construction the project is in. Whereas land does not require any construction, and therefore, owners have the liberty to take possession immediately after purchase.

  1. Land is a Tangible Asset

Unlike shares and bonds, a plot of land is a tangible asset. If the market is stable, the plot prices would appreciate a lot. On the contrary, there is a high chance that the value of the built house will undergo depreciation owing to wear and tear over time, but the value of land depreciates only in extremely rare situations. Hence, it proves to be one of the most beneficial options for investment.

Key takeaways

· Investment in plots ensures tremendous opportunities since it does not require higher maintenance costs while giving the leverage of construction, whenever it’s affordable for the owner of the land.

· Dehradun has always been a tourist hot spot due to its advantageous location.

· Buying a plot of land gives you the flexibility to design a house as per your tastes and space requirements.

· Owing to the low investment and maintenance cost required for a piece of plot, it gives peace to the mind and confidence that upon selling, it would fetch a good amount.

real state
October 3, 2022

Big relief to the people of Dehradun, now the filing of property is rejected sitting at home.. very easy way

By News in Real Estate News with No comments

The process of mutation has been changed to e-mutation. Now people will be able to apply online sitting at home and get every detail related to mutation.

Dehradun The process of mutation has been made easy for the residents of Dehradun online property mutation in dehradun The Municipal Corporation has now converted the mutation process into mutation, connecting the building tax section with modernity. This means that now the residents of Doon will not have to make rounds of government offices for mutation. They will be able to apply online sitting at home and get every detail related to mutation at a single click. There will be many more benefits by having the process of mutation online. People can deposit property tax through online medium, as well as information related to municipal works can also be obtained online. Consumers can register their complaints online. The public will benefit a lot due to the online rejection process. They will get the facility of mutation sitting at home, as well as the work of middlemen will also end.

It also explains what you need to do to use the online services. For this, first of all go to the official website of Municipal Corporation www.tiger-shree.com. After that click on pay online tax. Here the applicant will get the facility to deposit property tax, apply for rejection of filing and file complaint related to self assessment and building tax. The application form for filing rejection of property will have to be filled online. All documents will be uploaded online. According to the convenience, the rejected fee of Rs 150 can be deposited online and also at the counter number four of the Municipal Corporation. At each stage of dismissal, the applicant and municipal employees will get the information related to the letter through SMS in time. After this, you will be able to get the notice of rejection and the final certificate online. In addition to the rejection of filing, the bill of building tax can also be filled through online medium.

REAL STATE
October 1, 2022

Mountains Calling? Dehradun Could Be Your Next Perfect Weekend Destination

By News in Real Estate News with No comments

I’m not a summer person, so unless you’re taking me to a hill station where I can at least pretend that summer doesn’t exist.

I’ll be in my air conditioned room, thank you very much. The onset of summer also means respite from city life and pollution at a getaway somewhere that isn’t a 100 hours away, but also away enough. Especially for Delhi, that getaway is almost always Uttarakhand or Himachal. Think Mussoorie, but cut travel time by about two hours, as Hyatt Regency has launched its first property in Uttarakhand, in Dehradun, for those of us who like the luxury without having to brave long hours of a road trip for it.Positioned as a luxury, pet-friendly hotel that overlooks the Malsi range of the Himalayas, the new property serves as an urban resort, with rooms across six categories (the presidential suite is ginormous and has the best view), fit for families and business conventions alike, we realise, in their expansive ballroom during the press conference. But what makes it the perfect getaway are the immersive experiences available to explore the beauty of Uttarakhand via local cuisine, music, a view, and what we all need on a lazy Saturday.

But first, let’s talk food. Housing not one, not two, but five restaurants, the property does its best to ensure that you have your comfort nibbles available.

but also are adventurous enough to indulge in local flavours. Seriously, though, missing out on Kumaoni dishes is missing out on life. Try the bhat ki churkani and the pahadi kheere ka raita, you’ll thank me later. However, if I have to pick one restaurant that I absolutely loved, it’s Beyul, their rooftop bar, lounge, and fine dining restaurant, which offers Tibetan fare with a side of North Indian options. Chef Tenzin Dolma makes beautiful chicken and lamb momos, and the thukpa bowl is a delight. Pair that with a good cocktail and the beautiful view, what a Saturday night that’ll be. All of the hotel’s focus is on using as much local ingredients as possible even their bar has a platter with different Himalayan salts for your cocktail glass rims, while The Market inside the property sells artisanal local products that you can take back.

Spa trip, anyone? I listed this in my long weekend piece as well, but the spa is so good that if you’re actually just driving down to Dehradun I flew down from Mumbai, and it was so worth the trip.

it is a solid factor among many others for you to come back for more. Six well-equipped spa rooms with a steam, sauna, and locker, right off the infinity pool. Dream come true. With intensive treatments meant to wash the city stress off you by using special formulations my almond lavender treatment had real ground almonds for exfoliation and it worked wonders in undoing knots and tension in my shoulders — the spa at this property will help you truly unwind. I have never fallen asleep on a spa table before this, so you know what I mean by truly you’re looking for some adventure, the hotel arranges hikes, guided tours, local cultural experiences, as well as wellness activities such as meditation and a yoga session set against the backdrop of the beautiful valley. For me, given the stressful lives we lead, this property is meant for you to catch a break, whatever your version of that is. No more driving 10-12-hours for the weekend; instead, you drive less, you go to the hills, and you breathe in its luxury and warm hospitality.

real estate
September 30, 2022

Tiger shree

By News in Real Estate News with No comments

Buy property in Dehradun Tiger shree The area in Dehradun is ripe for investment and for those looking to boost their investment in lesser time this would be the right choice.

with the space in the city already exhausted, it is the suburbs that are developing faster and this is one such area that promises a definite and solid return on investment. Tiger shree is the best space for investment which fosters seamless, comfortable, and luxurious living, transcending the needs of today and empowering you to live effortlessly in the times to come. The savings on power aside, there’s nothing quite like breathing in the fresh air, is there? What’s more, look out of any window and you will see a tapestry of green pleasantness. The renowned architect had made plans for this advanced township project which consists of Plots. Facilities and comforts are the fundamental part that will be examined significantly while making decisions on real estate. And hence comforts and accommodations incorporated in The Dehradun City project make many people land on the choice of buying their new home in this project. Innovations in the essential components involved in this smart city project have made several best spots and beautiful homes, such as a totally geared-up clubhouse, and outdoor and indoor activities for enjoyment. The people who focus more on their health will get impressed with the place. These are indeed the best deal in the market as there are pretty good discounts and great quality and amenities offered on this property. This city is been demanding for all the professionals who want a bright future. The city had not disappointed any professionals as it has more prosperous opportunities for us. We could settle down in this city with much confidence as we could get only the best things out there.

Is it worth buying property in Dehradun?

Dehradun, the capital city of Uttarakhand is emerging as a new investment destination for people around the world with a boom in the Real Estate sector. Buying a residential housing facility in Dehradun not only provides an investment prospect but offers a sense of security and emotional support to a family. It has ranked 5th in India in the list of cities where NRI’s prefer to buy a home and settle post-retirement.

Dehradun offers many benefits over the other cities?

  1. Good Weather- Dehradun enjoys a moderate climate throughout the year. The winters are mild and summers are moderate compared to other Indian cities.
  2. Clean and Pure Atmosphere- The air quality in Dehradun is much better than in Delhi-NCR or many other cities. People suffer from much fewer lung issues in Dehradun than in other cities.
  3. Safe Environment- Dehradun is one of the safest cities in India. As per a survey done by The Times of India, Uttarakhand is the second safest state in India for senior citizens.
  4. Good Connectivity to Other Cities- Dehradun is well connected by air, rail, and roads. There are daily 10 flights to Delhi and direct flights to Mumbai, Bangalore, Ahmedabad, Kolkata, etc. The Dehradun airport is expanding and it will soon be an international airport.
  5. Location Benefits of Dehradun- Dehradun is the gateway to the Char Dham Yatra and also many other tourist attractions like Haridwar, Rishikesh, Auli, Mussoorie, etc. It is a perfect location for exploring the mountains and enjoying life after retirement.

Some more benefits of buying property in Dehradun.

With the National Capital Region (NCR) caught in the hustle and bustle, there is a serious dearth of a place with all the infrastructure and pleasant weather to settle. It adequately fulfils this need and is vouched by many a property for sale in Dehradun. The city has fast become one of the best places to conduct your business with leisure and is worth every penny of your investment. It is time to ponder over second home investments and train your sights for buying a property there.
In the year 2017, the town was marked for the smart city project and has made significant developments in terms of the overall infrastructure. Envisaged to enhance the quality of life in the city, the project made its impact in driving the Dehradun real estate sector upward.
Apart from being a valuable investment as a second home, the residence offers a befitting retreat to relax and rejuvenate oneself. The recent past has seen Dehradun swiftly emerge as one of the safest destinations for investments with good returns from real estate. It offers the rare opportunity to enjoy life in peace and on the other hand, the value of the land gains good appreciation over the years.

<Key points>
• A Gateway to many famous hill stations and Spiritual Sojourn – Dehradun is the base for visiting spiritual places like Haridwar, Rishikesh, Yamunotri, Gangotri, Kedarnath, and Badrinath.
• A top-class educational hub, Capital city of Uttarakhand State with huge administrative infrastructures and implied real estate demand in Dehradun
• Ranking of Dehradun as India’s fifth most preferred real estate investment for NRIs
• Government’s efforts especially through Mussoorie Dehradun Development Authority (MDDA) to develop tourist infrastructure that would raise demand for commercial establishments
• Freedom and Favourable – be it leased land or buying a plot, the owners never encounter much restraint in the type of development with favourable state regulations in place.
• Nearest second home to relax or summer home destination for many cities in Northern India like Delhi NCR, Chandigarh, etc
• Lower real estate price in Dehradun comparing Delhi NCR and most of the Cities of North India
• A rare hill station with Road, Rail, and Airway connectivity – Easily accessible and well connected

real state
September 29, 2022

Dehradun: tiger-shree Rispana river being flattened, say concerned residents

By News in Real Estate News with No comments

DEHRADUN: Brazen violation of forest and mining norms can be seen near Rispana river where turned into plain land for construction activities as per concerned residents.

The latest incidence of brazen flattening of a has taken place near on Rajpur road where a private builder is starting a project on nearly 2 acres land. Residents of the area are claiming that the Jaipur-based firm has flattened nearly 7-8 acres land.

The area is across Rispana river and can be seen from MDDA Park which is lying locked for ‘redevelopment’ works. The area had rich shrubs and trees along with wildlife, which is under severe threat now, a few concerned wildlife, which is under severe threat now, a few concerned citizens have claimed, adding they are raising the issue through social media but no one is paying heed to their concerns.

There is no response from the district administration so far while one of the forest official claimed it to be a private land.

It is a fact that are being flattened. Also, it is an irony that during forest fire season, we, the residents of the area, have to inform the forest department to douse the fires, said Reenu Paul, founder of What’s also worrying in the entire project is dumping of the muck directly into the river, she added, “The entire rubble is being dumped into the Rispana. It will cause massive damage to the city during monsoons as it would lead to floods and also divert the natural course of the river in the city, added Paul.

A few residents alleged that trees have also been cut in the same patch of the which should have been looked after by the forest authorities.

The issue has gained traction on online forums with concerned residents expressing sentiments like, “Why do people choose Dehradun to make a home? If they say because of nice climate, good air – then we should know that if all the people cut trees, then how will Dehradun have all the things that attracted them in the first place Incidentally, the high court of Uttarakhand had already warned the state regarding flattening of in Mussoorie-Dehradun area owing to the fragile topography of the landscape.en queried about the matter, divisional forest officer of Mussoorie, Kahkashan Naseem said, “That area is not a forest land and this site is about 500 mtr away from the upcoming housing society. We have not given any NOC for flattening of . They might have acquired it from district adminstration.

real state
September 28, 2022

Dehradun tiger-shree starts pilot project to conduct house tax surveys with drone 

By News in Real Estate News with No comments

Dehradun Municipal Corporation (DMC) has started its pilot project in for conducting fresh surveys for house tax with drones.

Experts from a private firm hired by DMC said that teams are conducting manual measurements of the properties, while drones will soon be used for final surveys after clearance from the Dehradun DM.

For the use of drones, clearance from authorities like , police and district administration are mandatory. The world bank funded project will not only map the properties but will also take note of the road width and other amenities which will be fed in a dedicated mobile application.

The new survey will help to include properties where owners are living in other cities or abroad. The officials from DMC said that this will be the first full survey of residential and commercial properties in the municipal limits of Dehradun. Earlier, satellite images were used as a base map for charging property tax.

Dharmesh Penuili, tax superintendent, DMC, t “This will be the first-ever survey which will include all the properties which come under the purview of property tax. Earlier, a lot of people used to hide the size of their properties to evade paying more tax. However, under the new survey, nothing will remain hidden.

The mapping of properties will also take place in Haridwar, Rudrapur and Haldwani districts of Uttarakhand and will be carried out by the same

from the company carrying out the drone mapping in the state, said, “Once the survey is complete, a month’s time will be given to residents and other commercial property owners for any clarification after which the maintenance will be handed over to DMC for its future use.

real state
September 26, 2022

Indian real estate

By News in Real Estate News with No comments

The Indian residential segment has seen a sharp turnaround over the years and despite umpteen challenges and roadblocks, the sector has efficiently outgrown them and has still been resilient. It is quite exhilarating to note that the Indian real estate sector has a visible spot in the list of regions being considered for investments by domestic and international institutional investment funds, VC’s, other investment companies, etc. Some of the key factors that have uplifted the value of the sector are increased migration, rapid urbanization, growing income levels, infrastructure development that will enable inclusion of Tier 2 and 3 regions, etc.

Metro cities like Bengaluru, Ahmedabad, Pune, Chennai, Goa, Delhi and Mumbai are the most preferred regions for real estate investments. Around the year 2000, several border pockets proved to be an option for buyers and investors looking for mid-size housing, with a minimum budget and this scattered the population from the metro cities. This led to a novel phenomenon that apart from metros, Tier 2 and 3 cities were also seen growing and contributing to the real estate sector. The peripheral locations of Tier 2 and 3 cities gave rise to affordable housing segment which was one of the key milestones defining the sector’s growth. After the COVID-19 pandemic and its repercussions, a major chunk of the population in India thought it right to own a piece of land, or a property they can call their own and there could have been no better alternative than to choose Tier 2 and 3 regions that offered properties at a nominal cost. The government’s infrastructure development has further bolstered the scope of real estate in these regions. Not just residential, even retail and commercial realty is booming in these regions like never before.

Tier 2 and 3 cities like Jaipur, Udaipur, Ranchi, Kanpur, Lucknow, Dehradun, Indore, Chandigarh, Vadodara, Nagpur, Nashik, Kolhapur, Visakhapatnam, Hubli, Dharwad, Mysore, Madurai, Vellore, Kozhikode, Coimbatore, Thiruvananthapuram among others have become hotbeds for investments and are gaining upper hand in terms of appreciation. Several NRIs, urban buyers, and millennials have been eyeing these cities for job opportunities. Affordable and mid-income housing have been driving the demand while few upmarket regions have been reserved for luxury. Hence, even NRIs are finding India to be a relevant country for investment. According to India Brand Equity Foundation, India is among the top 10 price appreciating housing markets internationally.

Many ambitious infrastructure projects have been planned for enriching the connectivity and accessibility of the nation. Apart from the existing infrastructure like golden quadrilateral, expressways, mega highways, railways, metros, BRTS, and airways, there are new projects in the pipeline. The Delhi-Mumbai Industrial Corridor (DMIC) is to route through all the industrial hubs between the seven states of Delhi and Mumbai. The Gujarat International Finance Tech (GIFT) city is a unique IT, software, and knowledge hub that will facilitate start-ups, entrepreneurship, and new businesses. Bharatmala Project is a road project planned to connect West India with East India. The Navi Mumbai International Airport will help in alleviating the traffic of the current airport in Mumbai. The Government is leveraging waterways with projects like inland waterways where rivers like Ganga, Brahmaputra, and Mahanadi are being used to work upon. The Mumbai Trans-Harbour Link is a long bridge that will start from Sewri and connect Uran, Navi Mumbai. The Chenab river railway bridge will be the highest railway arch bridge in Jammu and Kashmir locations.

The level of infrastructure planning in the country is set to boost the real estate sector thus giving the chance for development. The nation can expect a variety of housing choices like bungalows, villas, plots, condos, luxury apartments, and affordable homes in these locations. Most of the millennials and urban buyers are moving to these locations for a job change, a better lifestyle, and future growth. Driven by increasing transparency and returns, there’s a growth in private investment as well. Construction is the third largest sector in terms of FDI inflow in India. A recent research report states that although the challenges of the European war and inflationary pressures pose headwinds for the real estate sector, the robust performance of the sector during H1 2022 and the consistent demand for homes signifies the strength, resilience and thrust of the Indian real estate sector.

Real Estate News
September 24, 2022

Mountains Calling? Dehradun Could Be Your Next Perfect Weekend Destination 

By News in Real Estate News with No comments

I’m not a summer person, so unless you’re taking me to a hill station where I can at least pretend that summer doesn’t exist, I’ll be in my air conditioned room, thank you very much. The onset of summer also means respite from city life and pollution at a getaway somewhere that isn’t a 100 hours away, but also away enough. Especially for Delhi, that getaway is almost always Uttarakhand or Himachal. Think Mussoorie, but cut travel time by about two hours, as Hyatt Regency has launched its first property in Uttarakhand, in Dehradun, for those of us who like the luxury without having to brave long hours of a road trip for it.

Positioned as a luxury, pet-friendly hotel that overlooks the Malsi range of the Himalayas, the new property serves as an urban resort, with rooms across six categories (the presidential suite is ginormous and has the best view), fit for families and business conventions alike, we realise, in their expansive ballroom during the press conference. But what makes it the perfect getaway are the immersive experiences available to explore the beauty of Uttarakhand via local cuisine, music, a view, and what we all need on a lazy Saturday — the pristine spa.

But first, let’s talk food. Housing not one, not two, but five restaurants, the property does its best to ensure that you have your comfort nibbles available, but also are adventurous enough to indulge in local flavours. Seriously, though, missing out on Kumaoni dishes is missing out on life. Try the bhat ki churkani<and the pahadi kheere ka raita you’ll thank me later. However, if I have to pick one restaurant that I absolutely loved, it’s Beyul, their rooftop bar, lounge, and fine dining restaurant, which offers Tibetan fare with a side of North Indian options. Chef Tenzin Dolma makes beautiful chicken and lamb momos, and the thukpa bowl is a delight. Pair that with a good cocktail and the beautiful view, what a Saturday night that’ll be. All of the hotel’s focus is on using as much local ingredients as possible — even their bar has a platter with different Himalayan salts for your cocktail glass rims, while The Market inside the property sells artisanal local products that you can take back.

Spa trip, anyone? I listed this in href=”https://https://tiger-shree.com//healthandfitness/spa-trips-for-long-weekends strong long weekend as well, but the spa is so good that if you’re actually just driving down to Dehradun (I flew down from Mumbai, and it was so worth the trip), it is a solid factor among many others for you to come back for more. Six well-equipped spa rooms with a steam, sauna, and locker, right off the infinity pool. Dream come true. With intensive treatments meant to wash the city stress off you by using special formulations — my almond lavender treatment had real ground almonds for exfoliation and it worked wonders in undoing knots and tension in my shoulders — the spa at this property will help you truly unwind. I have never fallen asleep on a spa table before this, so you know what I mean by truly unwind.

If you’re looking for some adventure, the hotel arranges hikes, guided tours, local cultural experiences, as well as wellness activities such as meditation and a yoga session set against the backdrop of the beautiful valley. For me, given the stressful lives we lead, this property is meant for you to catch a break, whatever your version of that is. No more driving 10-12-hours for the weekend; instead, you drive less, you go to the hills, and you breathe in its luxury and warm hospitality.

Real Estate News
September 22, 2022

Dehradun school closed after 11-year-old tests positive for Covid amid fourth wave scare

By News in Real Estate News with No comments

A private school in Uttarakhand’s Dehradun was shut for two days after an 11-year-old student tested positive for Covid-19, said Chief Medical Officer (CMO) Dr Manoj Upreti.

Education Dept has directed Dehradun’s Brightlands School authorities to close the school for two days after an 11-yr-old student tested positive for COVID19. All schools directed to follow protocol of wearing masks, physical distancing&hand hygiene: CMO Dr Manoj Upreti,” ANI tweeted.

Meanwhile, on the covid front, India on Sunday reported 2,593 new Covid-19 cases, which is a marginal increase over the 2,527 infections registered the previous day, the Union Ministry of Health and Family Affairs said.

Also in the same period, an additional 44 Covid fatalities increased the nationwide death toll to 5,22,193.

The number of Indias active caseload has increased to 15,873, accounting for 0.04 per cent of the countrys total positive cases.

The recovery of 1,755 patients in the last 24 hours took the cumulative tally to 4,25,19,479. Consequently, India`s recovery rate stands at 98.75 per cent.

Also in the same period, a total of 4,36,532 tests were conducted across the country, increasing the overall count to 83.47 crores.

While the weekly positivity rate stood at 0.54 per cent, the daily positivity rate reported a considerable spike to 0.59 per cent.

As of Sunday morning, India`s Covid-19 vaccination coverage exceeded 187.67 crores, achieved via 2,30,29,745 sessions.

Over 2.65 crore adolescents have been administered a first dose of Covid-19 jab since the beginning of the vaccination drive for this age bracket.

real state
September 21, 2022

Dehradun railway station redevelopment on track; approval sought for 83.5-metre tall tower

By News in Real Estate News with No comments

The proposed station redevelopment project includes a revolving restaurant atop the tower with a 360-degree view of the Doon Valley.

A meeting to review the status of the redevelopment of Dehradun railway station was held between Uttarakhand Chief Minister Trivendra Rawat and vice chairman of Rail Land Development Authority (RLDA) Ved Parkash Dudeja.

In the meeting held in Dehradun on December 15, Dudeja, apprised the chief minister on the status of development of the project and sought approval for the Detailed Project Report (DPR) involving a high-rise building of 83.5 metre height, RLDA sources said.

The present traffic problems for entry and exit at Dehradun station will be eased out under the redevelopment plan. Passengers can enjoy a 360-degree view of the entire Doon Valley in about an hour from the revolving restaurant atop the high-rise tower which will be the first revolving restaurant of its kind in Uttarakhand.

The proposed venture will cost Rs 125 crore for the station and Rs 400 crore for commercial development.

The CM advised MDDA to put up the proposal for cabinet approval in the next cabinet meeting scheduled in the third week of January 2021.

We have requested the state government for early approval to the DPR of the Dehradun Railway Station so that the request fro proposal (RFP) can be floated at the earliest. The redevelopment of the Dehradun railway station will upgrade the facilities in line with global standards. The redevelopment will also catalyse real estate development, accentuate the tourism potential and boost the local economy and will create a win-win situation for all the stakeholders,” said Dudeja.

Ranvir Singh Chauhan, vice chairman, Mussoorie Dehradun Development Authority (MDDA), Shailesh Bagauli, secretary, housing, Uttarakhand and Ashish Kumar Srivastava, district magistrate, Dehradun also attended the meeting.

The Dehradun railway station is being developed jointly by RLDA and MDDA, and an MoU was signed last year between both organisations in this regard.

The objective of the redevelopment is to upgrade the station with state-of-the-art amenities such as segregation of entry and exit, food and beverage outlets, dedicated underground parking, and pedestrian plaza.

The Request for Qualification (RFQ) for the development of the Dehradun station on a PPP mode was earlier invited by RLDA.

The DPR that constitutes a part of RFP, is currently under finalisation by MMDA, following which the RFP is planned to be invited in January 2021. The mandatory station redevelopment is scheduled to be completed in three years. The commercial component will be leased for 60 years and the residential component for 99 years.

The total area of land under consideration is about 14 acres wherein about 8 acres land is allocated for mandatory development of the railways such as station building and railway passenger amenities including offices. The remaining 6 acres land will be allocated for real estate development. The real estate component involves residential and commercial, such as malls, hotels, retail spaces, multi-level parking, and office space.

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