Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Rudrapur

AbhishekGupta · 30-01-07

Rudrapur is a city and a municipal board in Udham Singh Nagar district in the Indian state of Uttaranchal. A small town that is emerging in a lightning speed. Since the prices in the NCR region soaring the focus of developers as well as middle class families turned to cities like Rudrapur in Uttranchal.With $2 billion in investments, this foothill town is the next big address for industry.

A little over four centuries ago, Rudra Chand, the ruler of Kumaon, laid the foundations of a town in the Terai region to defend his hill kingdom against attacks from plainsmen.

"The last decade saw the transition of sleepy towns like Gurgaon, Noida and Faridabad into enviable addresses. But today, these tier I towns, as they are called, are all saturated and far beyond the means of the middle class," so attention fixed to places like rudrapur.

Real estate prices in Rudrapur have shot up 10-12 times in the last year. Billboards can be found all the way up to Delhi, 275 km away, inviting group you to buy swank apartments In the last two years, 397 plots have been sold at Rudrapur to set up industrial units. The list of buyers includes top companies like Tata Motors, Bajaj Auto, Escorts, Voltas, Britannia, Nestle, Parle Biscuits, HCL, Hewlett-Packard, Dabur, Kores India.

Some of the bigger builders who have decided to put their money in Rudrapur include Omaxe, Assotech, Samiah and Alliance. Together, they are estimated to be investing over Rs 500 crore in developing residential apartments at Rudrapur. Another advantage of Rudrapur is that it is just 14 Kms away from the Airport. So all these factors are playing in the development of Rudrapur.

30-01-07	#1
AbhishekGupta New Member Join Date: Jan 2007 Posts: 37 Thanks: 0 Thanked 0 Times in 0 Posts	Rudrapur - Next Big Address For Industry Rudrapur is a city and a municipal board in Udham Singh Nagar district in the Indian state of Uttaranchal. A small town that is emerging in a lightning speed. Since the prices in the NCR region soaring the focus of developers as well as middle class families turned to cities like Rudrapur in Uttranchal.With $2 billion in investments, this foothill town is the next big address for industry. A little over four centuries ago, Rudra Chand, the ruler of Kumaon, laid the foundations of a town in the Terai region to defend his hill kingdom against attacks from plainsmen. "The last decade saw the transition of sleepy towns like Gurgaon, Noida and Faridabad into enviable addresses. But today, these tier I towns, as they are called, are all saturated and far beyond the means of the middle class," so attention fixed to places like rudrapur. Real estate prices in Rudrapur have shot up 10-12 times in the last year. Billboards can be found all the way up to Delhi, 275 km away, inviting group you to buy swank apartments In the last two years, 397 plots have been sold at Rudrapur to set up industrial units. The list of buyers includes top companies like Tata Motors, Bajaj Auto, Escorts, Voltas, Britannia, Nestle, Parle Biscuits, HCL, Hewlett-Packard, Dabur, Kores India. Some of the bigger builders who have decided to put their money in Rudrapur include Omaxe, Assotech, Samiah and Alliance. Together, they are estimated to be investing over Rs 500 crore in developing residential apartments at Rudrapur. Another advantage of Rudrapur is that it is just 14 Kms away from the Airport. So all these factors are playing in the development of Rudrapur.