How much it's cost?

Question

I would like to know how much it's cost to buy a house in India!

one of my friend plans to live in India and to buy a house near to Dheradun?

Pls could u pls tell me

Answer 1

House prices are all over in India. Dheradun is a pricy area of the country her/his best bet is to contact some one or batter stil go there rent for a while and then amed with informed know how buy what she/his can aford or like and hope fully both.

Answer 2

around Rs.25 lakhs for a good house

Answer 3

well here is an article which will definitely tell you cost of house in different regions of dehradun

"Many people want to acquire property in the Himalayan belt owing to rising disposable incomes. Purchasing property in the hills serves as a holiday home-***-investment."

Consider your hill investment as a separate asset class. Over the last year, while equity funds have yielded 54 per cent return, real estate in general, about 30 per cent and gold 8 per cent, your Himalayan abode could well have appreciated 100 per cent. That is, if buying property is legal in that state. Many Himalayan states such as Jammu and Kashmir, Sikkim, Arunachal Pradesh and parts of Himachal Pradesh and Uttaranchal have laws that prevent non-domiciles from acquiring property.

Apart from the legal right to own land, you need to establish a comfort level with drinking water facilities and the sewerage systems. Sastri warns that a lot of hill properties have septic tanks, which are not connected to the civic sewage system.

Uttaranchal Unplugged
In the 'land of the Gods', the Garhwal Himalayas make up the western half of the state and the Kumaon belt laps up the rest. Since Uttaranchal became a separate state in 2000, areas in and around the capital Dehradun have witnessed steady demand. According to Dehradun-based property dealer Jaswant Singh Rana, in adjacent Rishikesh, land is available today in the range of Rs 5-20 lakh* a bigha (thats about 17,424 sq ft).

There is a problem though. A Supreme Court order has banned any new construction in Mussorie, 32 km uphill from Dehradun. Moreover, there are about 400 estates in Mussorie, of which 216 are notified forest areas. Under forest conservation laws, no new construction can take place and neither can trees be cut in these notified forest areas.

However, around Mussorie, opportunities abound. A 2,236-sq ft four-bedroom cottage on Kempty Road is going for Rs 17 lakh. Similarly, a 1,100-sq ft two-bedroom flat, with drawing and dining, near the famous Clarke Hotel in Mussorie is all yours for Rs 22 lakh.

Rana points to the Sahastradhara Road in Dehradun where he claims prices vary from Rs 8-35 lakh a bigha. And in the new growing areas at the periphery of the city, such as Saharanpur Road, Chakrata Road and Sela Qui, land can be bought for Rs 8-10 lakh a bigha.

Properties in Kumaon have also kept pace with neighbouring Garhwal. Like Mussorie, no new construction is allowed in Nainital. "But outside town, land is available for Rs 3-4 lakh a nalli (2,163 sq ft) and in areas around Kausani, Ranikhet and Almora, the cost is around Rs 2 lakh a nalli," claims Ganesh Bhatt, promoter of the Haldwani-based Rock Link Properties and Developers. Open land around Pithoragarh is cheaper at about Rs 1.5 lakh a nalli, he adds.

In the terai region of Ramnagar adjoining Corbett National Park, land values are in the range of Rs 80-300 per sq ft, says Suyash Bansal, Partner, Agrawal Colonisers, Haldwani.

But if you care for a two-bedroom flat of 1,100 sq ft carpet area over a 1-nalli plot size in Ranikhet, you may have to pay anywhere between Rs 20-25 lakh.

Nainital-based lawyer Manoj Lohani explains the Additional Land Law of Uttaranchal which came into existence on September 12, 2003. "This law states that outsiders can buy property in the state up to 550 sq mt (5,914 sq ft). If property above this limit is to be acquired, one has to get the District Magistrate's permission for which one has to file an affidavit with the DM stating that land will be used only for horticulture or agriculture," says Lohani.

Anil Bisht, 34 and his wife, Pooja, 28, are a case in point. In 2002, the couple purchased 65 nallis (1.40 lakh sq ft) at Mahadev Chatti, 32 km upstream of Rishikesh, at Rs 14.3 lakh. Bisht runs an adventure camp by the Ganges, and has had to invest Rs 5 lakh for a garden with more than 300 fruit and vegetable trees. This complies with the law. Despite the property being a good 30-minute walk from the road, land prices in the vicinity have doubled in the last three years and today sit at Rs 50,000 per nalli.

Apart from the garden, the Bishts have built a 1,500-sq ft house, another 700 sq ft kitchen and a separate 700 sq ft dining hall cut from a rock face. The cost of the property, along with the value-addition, tots up to Rs 19.3 lakh. "Construction cost is cheap as local materials are used," says Bisht.

With no electricity yet, the Bishts have to eke out a Robinson Crusoe-like existence. "I want to put up huts with modern amenities by the river bank," he says. That's the reason Bisht has been scouting for power of late. He has even approached the state government and says he was asked to pay Rs 4 lakh just to drag a 2-km wire from one bank of the river to the other. "Despite the swift current in the river, there is little I can do to tap power, and although I have a waterfall right next to my house, laying a plastic pipe to use the latent power would cost upward of Rs 1 lakh,

hope this ll help you