The Uttarakhand government has rolled out revised circle rates effective October 5, 2025, raising property registration fees across the state by 9% to 22%. Dehradun sees the highest increases, impacting buyers amid booming real estate demand. This move targets increased state revenue from surging construction activities.
Nainital's property market shows stark regional contrasts with Mallital's 40% price corrections contrasting premium rates in tourist zones. Infrastructure projects and market liberalization reshape demand patterns.
Nainital records a 49.3% year-over-year increase in residential searches, fueled by demand for holiday homes, remote work trends, and infrastructure development. Luxury properties in Mukteshwar and Bhimtal lead the market growth, as prices surge 13% annually, reaching ₹6,633 per sq.ft. Investors see potential in limited supply and rising demand, though higher prices may emerge.
SIDCUL plans to invest Rs 400 crore in Sitarganj, enhancing infrastructure to attract new businesses amidst challenging industrial conditions.
Real estate investment in Uttar Pradesh surged 106% between 2008-09 and 2012-13, attracting Rs. 14,000 crore and ranking sixth nationally, according to ASSOCHAM.
Gujarat led realty investments in the last fiscal year, capturing 41% of total investments, despite a nationwide decline. The state's growth surged by 700%.
Real estate sector signals recovery with new launches and investments by major players. Supertech, Ansal API, DLF, and Mantri Realty announce significant investments.
Omaxe has announced a new Rs 64.8 crore project for AIIMS in Rishikesh, Uttarakhand, with plans for further expansion in the near future.
Vavasi Group and Chadha Group have bid to acquire Golden Forest India's land assets, potentially marking one of India's largest land transactions.