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Sahaj Multiple Services - Rudarpur, Pantnagar,Sidcul,Kashipur,Haridwar,Haldwani,Sitargang,Noida,Other
Sahaj Multiple Services - Rudarpur, Pantnagar,Sidcul,Kashipur,Haridwar,Haldwani,Sitargang,Noida,Other
 
 
    Why Investment In Rudrapur
Rudrapur Among World's Best Property Investment Opportunities

According to recent research India is in the top three of most popular property investment destinations. India's Rudrapur is one of the best investment opportunities on the global market. It presents such a massively good opportunity because of the level of new businesses and factories coming into the area.

Some 465 new factories will be built and create a massive industrial estate on the outskirts of Rudrapur by Dec 2008. The new factories are being built in the area because the government appointed the 4200 acre site a Special Economic Zone. First seen in China the SEZ program offers companies major incentives for moving or opening their operations in the SEZ, the main incentive being complete exemption from income tax for the first five years, and a discount of 30% on their income tax for the next five years.

India Inc turned the small town into a boom town when they became the first company to set up shop in the new SEZ investing $2billion in a new factory. 465 other companies have been allocated plots since then, 388 factories are being built and 77 have been completed and are already manufacturing goods and boosting the economy. By the time all factories are complete 50000 people will be employed on the site, and a further 250,000 will be indirectly employed by the new factories (area managers, sales reps, sellers, retail outlets taking on new staff etc).

Some of the 50,000 employed directly, actually in the factories will be from Rudrapur, but most of the 300,000 will come from outside the area, and will be looking for high quality rental accommodation in Rudrapur. So far only 10,000 new units are being built or are scheduled for Rudrapur, this will create a supply shortage and a high level of demand for quality rented accommodation.

David Stanley Redfern ltd customers can buy just what these new workers will be looking for: The Mountain View Development Rudrapur, is just a five minute drive from the industrial estate, and is close to rail links for commuters to the new factories. Mountain View consists of 2 en-suite bedroom apartments with balconies, for only £29000 each. A 5% rental yield is being guaranteed by the developer for the first two years but if you have time to manage the rental yourself the guarantee should be avoided as there is the potential to make a lot more.

Enthusiastic real estate agents in Rudrapur and leading real estate developers like Omaxe Group, Sherya Developwell, Samiah International Builders, Weltech Builders and others are convinced about the spiraling prices the region will offer. Industrial houses like Tata, Bajaj, Honda, Escorts, Nestle, Britannia, Dabur, Parle, Jindals, Mahindra, Kores, Radiant, Interarch, U.S. Foods, Mahaveera Transport and others are promptly setting up facilities here. The investment outlay of these companies set for this work exceeds Rs. 7,000 crores.

Rudrapur Real Estate: The new boom town

Rudrapur, the gateway to Kumaon hills, is surrounded by Nainital in the north, Bijnor, Moradabad and Rampur in the west, Bareilly and Pilibhit in the south, and Champawat district in the east. It is fast emerging as one of the largest industrial hubs in the nation, with the industrial already exceeding Rs 30,000 crore. The town has witnessed rapid growth in real estate after 2003 when the government proposed monetary incentives for the companies setting up their units in the IIE (Integrated Industrial Estate), Pantnagar. Swift industrialization, corporate arrangements and the encouraging role of government policies is extending the strong atmosphere for industrial expansion in this area and thus offering immense opportunity for real estate development.

All these alluring and beneficial openings have invites big names of the corporate arena like Tata Motors, HCL, Lenovo, Bajaj Auto, amongst others, to set up plants in this area.

The rush in real estate properties and developments in Rudrapur is primarily the result of tax and economic incentives announced by the central and state governments to promote industrial growth. Rudrapur has been declared as a non-tariff area for central excise, customs and sales tax duties for a period of ten years which span may also be extended by the central government. This has prompted industry players to set up big plants and the subsequent settling down of numerous corporates. Companies that begin production before a cut-off date get a 10 year excise duty exemption, five year full income tax break and reduced production levels for the next five years.

The area, as a result, is witnessing hectic activity on the industrial front with a host of companies, from the automobile, Pharma and FMCG sectors, setting up facilities here. Infrastructure has been a big draw at Rudrapur: Explains Arvinder Singh, MD, Alliance Nirmaan Limited, "Unlike most of the cities in India, infrastructure is not a bother here. There is no dearth of electricity and water. Moreover, electricity rates are the lowest in the country and you can get water by digging not even 5 feet." Connectivity too is good as the town is situated on the Delhi-Nainital highway (NH-74) and the Khatema-Panipat highway (NH-87). Four laning and widening of roads from Delhi to Rampur, Rampur to Rudrapur and Bareilly to Moradabad is on. The Rampur to Kathgodam rail route is proposed to be double lined. Rudrapur is conveniently connected by air with the Pantnagar airport in the vicinity. The airport is being renovated to enable Boeings and ATRs to land and also to have night landing facility. The government is also working further on improving the infrastructure and connectivity especially around the industrial belts.

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Sahaj Multiple Services - Rudarpur, Pantnagar,Sidcul,Kashipur,Haridwar,Haldwani,Sitargang,Noida,Other
Sahaj Multiple Services - Rudarpur, Pantnagar,Sidcul,Kashipur,Haridwar,Haldwani,Sitargang,Noida,Other
Sahaj Multiple Services - Rudarpur, Pantnagar,Sidcul,Kashipur,Haridwar,Haldwani,Sitargang,Noida,Other

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