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Haridwar,The religious town of Haridwar is situated in the state of Uttarakhand. This is where the holy River Ganga enters the Indo Gangetic Plains after cutting through the mountains in the Himalayas. Of late, Haridwar is gradually moving beyond its importance as a religious city for the Hindus and becoming an attractive real estate destination. With rapid developments of the industrial estate by the SIDCUL and the township by BHEL, the city is getting good on the infrastructure front. Other ancillary industries are also coming up.
Haridwar boasts of a good transportation network, well connected by a number of roads and highways. It owes its well-developed transport network to the fact that it is a tourist spot and one of the most sought-after religious attractions in the area. National Highway 58 connects it to Delhi, Ghaziabad, Meerut and Roorkee. National Highway 74 originates from Haridwar and connects to Pilibhit and Bareilly. The city also has a good rail network under the administration of Northern Railways. The nearest domestic airport is in Dehradun and the nearest international airport is the IGI Airport, New Delhi.
It was only a few years back that Haridwar started developing as a major industrial township. BHEL Township situated in Ranipur is one of the most important and provides employment to over 8000 skilled individuals. High quality schools and hospitals can also be found within the township. SIDCUL is another massive industrial area, developed by the Uttarakhand government. Jwalapur is the financial center of the city and houses the most important trading and shopping centers. Pentagon Mall is the first one in the city. Shivalik Nagar has the highest residential density.
Real estate started gaining popularity in the city right after the announcement of these industrial towns. Commercial development gives way to residential housing, leveraging on which the developers launched their projects. Raghunath Estate, Hero Realty and Skyline Infratech are a few influential names of Haridwar realty. Property prices are also pretty affordable but have excellent growth potential.