Rishikesh
1200 Feet Altitude
Owning a piece of land in hill station is just midway of a buyer’s dream and converting it into his dream villa or farm house will be the final task.
Why to live in Rishikesh
Rishikesh is the most calm and peaceful place in northern Uttarakhand and is world famous as surrounded by hills and bisected by the wide river Ganges, is famously known as the `Yoga Capital of the World’. In the year 1960 Rishikesh gained recognition as the site where world renowned musician group The Beatles came to stay with their guru, the Maharishi Mahesh Yogi. It is considered to be the most spiritual place to meditate and study yoga. Rishikesh is also known for Laxman Jhula point for treks to Himalayan teerth yatra centres such as Badrinath, Kedarnath , Gangotri, Yamnotri.
It is truly the gateway to the Himalayan Heritage Shrines of Badrinath, Kedarnath, Gangotri and Yamunotri. As per the hindu mythology it is said that the sage Raibhya Rishi did severe penance here and as a reward, God appeared to him in the form of Hrishikesh, hence the name. Rishikesh is famous for numerous ashrams, most of them are internationally recognized as centers of philosophical studies, yoga and meditation.
Uttarakhand Tourism organizes International Yoga here every year between 2nd and 7th of February. There are many adventurous sports opportunities for like white water rafting on the Ganga.
Buy & Rental Trends in Rishikesh
Rishikesh, a tehsil located in Uttarakhand’s Tehri Garhwal region on the banks of the holiest of Indian rivers, the Ganges. This heritage city has several mythological and religious legends associated with Lord Vishnu, Lord Bharat, and various prominent sages and is said to have been established in the 9th-century AD by Adi Shankaracharya.
The scenic beauty of Rishikesh is due to its location at the foothills of the lofty Garhwal Himalayas is accentuated by the mighty Ganges cutting right through the city. The picturesque city looks suspended between the stunning riverside promenades, acres of forests, lush mountains, and clear blue skies lending it a surreal appearance.
The city is famous for its grand temples, rituals, architectural marvels and yoga ashrams. The temple here like the Neelkanth Mahadev Temple, Raghunath Temple, or the 13-storey Trimbakeshwar Temple, has its own beautiful legend that attracts people from all over the world. The architectural genius of the twin Ram & Lakshman Jhulas are outstanding in themselves. The suspension bridges span for over 750 ft. over the Ganges. There are numerous world famous ashrams here that lead people into the spiritual world of ancient forms of yoga, meditation, and vipasana to cleanse their soul and de-stress.
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Rishikesh Real Estate Growth Factors
- Increasing interest and growing demand for Agriculture, earning attractive revenue and tax benefits
- Soaring temperatures in Cities and need to have a summer home
- Increasing stress level in City life activating a need to migrate to a “New Way of Living” – minus the chaos and confusions prevalent in a clustered society.
- Increased investments from NRIs, who view Rishikesh as a beneficial real estate destination
- A place where one would want to settle, being part of this magical ecosystem – tourism, business, nature, and education, all blended together
- One of the hill station with good road connectivity which made travel to Rishikesh simpler and interesting – attracts people for short and frequent breaks to get away from stress
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Frequently Asked Questions (FAQ)
Approx. INR 2500 to 3000 per square feet for quality construction with brick and concrete which varies and depends on hill station, slop of site, type of architecture, etc. It is excluding revetment, access way, fencing, water management and land scaping
Yes, wooden house is cheaper (about 2/3 cost) and faster (max. 30 days) than conventional construction using brick and concrete. Added advantages are enhanced social status, increased thermal comfort, better seismic resistance and can be retrofitted
Yes. Like in city, a client can get bank loan for construction of home at hill stations depending on his financial eligibility and Hill-Max provides possible assistance for the same to its clients in specific hill stations.
No. It varies across Indian hill stations and states
Architectural assistance and construction support fee varies case to case which depends on parameters like which hill station, type of construction, extent of construction, scope of Hill-Max, frequency of expediting visits required at site, etc – It is a project specific estimate and quote.