Overview of Shivalik Nagar, Haridwar

Location and Importance

Shivalik Nagar stands out in Haridwar, famous for its spiritual and tourist appeal in India. It is close to many amenities and the city's excellent infrastructure.

Real Estate Market

• Shivalik Nagar's real estate market is booming because the area has gained prominence in Haridwar. This growth is fueled by Haridwar’s ongoing infrastructure improvements.

Property Types and Prices

• Residential Properties:

  • Independent Houses: Options include 2 BHK, 3 BHK, 4 BHK, and larger units, priced between ₹75 Lac to ₹1.80 Cr based on their size and features.
  • Villas: With a price range from ₹1.10 Cr to ₹1.80 Cr, these are available too.
  • Apartments: Though not widely listed, prices for apartments and standalone houses typically range from ₹1,714 to ₹10,526 per sqft.

• Commercial Properties:

  • Commercial shops are available, starting at ₹20 Lac.

• Land/Plots:

  • Residential plots as small as 136 Sq. Meter or as large as 200 Sq. Meter come with prices around ₹70 Lac to ₹75 Lac.

Price Trends

• The typical price per sqft for Shivalik Nagar properties is roughly ₹5,102, spanning from ₹1,714 to ₹10,526 per sqft. Property rates have experienced an annual increase of 0.81%.

Rental Options

• Renting options include standalone houses, apartments, and rooms. They vary significantly by size and cost:
  • A 3 BHK standalone house costs between ₹12,000 to ₹14,000 monthly.
  • Small rooms can be rented for as little as ₹2,500 to ₹4,000 monthly.

Infrastructure and Amenities

• This place offers peace and convenient commuting, making it a hit for those buying or renting.
• Haridwar’s infrastructure improvements are making Shivalik Nagar more attractive for investment and living.

PropertyWala’s Final Thoughts

Shivalik Nagar, in Haridwar, is a great spot for buyers and renters thanks to its thriving real estate market. The area's infrastructure growth, along with its popularity as a key tourist and religious hub, makes it an excellent choice. Different property types and price ranges meet diverse needs and budgets. It presents a mix of comfort and the chance for property value appreciation over time.