The demand for 2 BHK apartments in Haridwar has risen steadily, particularly among families, retirees, and investors seeking both tranquility and a wise investment.
In this article, we will explore everything you need to know about buying a 2 BHK apartment in Haridwar, from the benefits to the best localities and pricing.
Why Choose Haridwar for Real Estate Investment?
Haridwar is a unique city that blends spiritual heritage with modern infrastructure. The city is considered one of the seven holiest places in Hinduism and draws millions of pilgrims every year. However, it's not just the religious significance that makes Haridwar appealing for homebuyers. Several other factors make this city a hotspot for real estate investment:
1. Spiritual and Scenic Environment
For many, Haridwar offers a peaceful, scenic environment surrounded by the Shivalik Hills and the River Ganga. Living in a 2 BHK apartment in Haridwar means being close to the river’s ghats, temples, and forests, where you can experience spiritual solace and natural beauty every day.
2. Developing Infrastructure
Over the last decade, Haridwar has witnessed considerable infrastructure development. The city has excellent road and rail connectivity, making it easier for people to commute to nearby cities like Dehradun, Rishikesh, and even Delhi. The improvement of local transportation, healthcare facilities, educational institutions, and shopping centers makes living in a 2 BHK apartment in Haridwar both convenient and comfortable.
3. Affordable Real Estate
Compared to metros like Delhi or Mumbai, property prices in Haridwar are relatively affordable. Whether you're looking to invest in a second home, a vacation property, or a copyright, 2 BHK apartments in Haridwar offer value for money. The city also offers options for different budgets, from luxurious gated communities to more affordable housing complexes.
4. High Rental Demand
Haridwar's steady stream of tourists, pilgrims, and temporary residents creates a high demand for rental properties. If you're looking to invest in a 2 BHK apartment in Haridwar as a rental property, you can expect a good return on investment, especially if the property is near popular locations like Har Ki Pauri or the industrial hub of Sidcul.
Popular Localities to Buy 2 BHK Apartments in Haridwar
Haridwar offers several prime residential localities, each with its unique advantages. Below are some of the best areas to consider when searching for a 2 BHK apartment in Haridwar:
1. Har Ki Pauri Area
Being close to Har Ki Pauri, one of the most famous ghats in India, offers unparalleled spiritual and scenic benefits. Properties here are generally more expensive but offer high rental income potential due to the area’s popularity with tourists.
2. Shivalik Nagar
Shivalik Nagar is one of the most well-developed and modern localities in Haridwar. It is popular among young families and professionals due to its proximity to educational institutions, shopping centers, and healthcare facilities. This locality also offers a range of 2 BHK apartments at competitive prices.
3. BHEL Township
Located near the Bharat Heavy Electricals Limited (BHEL) industrial area, BHEL Township is ideal for people working in the region. This area is well-connected to the rest of the city and offers a peaceful residential environment. It’s a great place for those looking for affordable 2 BHK apartments.
4. Sidcul Industrial Area
For investors, the Sidcul industrial area is an excellent choice due to the high rental demand from professionals working in the nearby factories and offices. 2 BHK apartments in Sidcul are generally affordable and offer a good return on investment.
5. Jwalapur
Jwalapur is an emerging residential hub in Haridwar. This area provides a mix of traditional and modern living, with easy access to the city's commercial and religious centers. 2 BHK apartments in Jwalapur offer affordability without compromising on amenities.
The price of 2 BHK apartments in Haridwar varies depending on the location, developer, and amenities offered. On average:
- In prime areas like Har Ki Pauri and Shivalik Nagar, 2 BHK apartments can range between ₹50 lakhs to ₹1 crore.
- In more affordable areas like Sidcul and BHEL Township, prices can range between ₹25 lakhs to ₹50 lakhs.
- Newer residential areas like Jwalapur offer even more affordable options, with 2 BHK apartments starting from ₹20 lakhs.
Given the steady appreciation of property values in Haridwar, now could be the right time to invest in a 2 BHK apartment.
Amenities to Look For
When choosing a 2 BHK apartment in Haridwar, it's essential to look for properties that offer modern amenities for a comfortable lifestyle. Some of the key features to look out for include:
- Gated Communities: Many developers are offering gated apartments with 24/7 security, ensuring a safe living environment for families.
- Power Backup: Uninterrupted electricity is a necessity, especially during the summer months.
- Parking: Ensure that the apartment comes with a dedicated parking space.
- Water Supply: Continuous water supply, both for drinking and household use, is essential in Haridwar.
- Proximity to Essentials: Choose a location that is close to essential services like grocery stores, hospitals, and public transport.
How to Choose the Right 2 BHK Apartment in Haridwar
Selecting the right 2 BHK apartment in Haridwar involves more than just budget considerations. Here are a few tips to help you make the best choice:
- Set a Budget: Establish your budget and stick to it. This will help you filter through numerous options and focus on the properties that meet your financial capacity.
- Choose the Right Location: Location is key. Decide whether you want to live closer to the spiritual centers or prefer the modern amenities of a developing neighborhood.
- Check the developer’s reputation: Make sure to research the developer’s history and reputation. Look for reviews and previous projects to ensure you’re investing in a quality home.
- Assess Future Growth: Look for localities that have potential for future growth, as these areas may offer better returns on your investment.
- Verify legal aspects: Ensure the property has clear legal titles and all necessary approvals from local authorities.
Conclusion
Buying an apartment in Haridwar offers a unique blend of spiritual fulfillment, scenic beauty, and modern conveniences.
Whether you're planning to move in, rent it out, or use it as a holiday home, investing in Haridwar's real estate market is a wise decision.
With the city's growing infrastructure and a wide range of affordable properties, now is the perfect time to find your dream home in this sacred city.