Gone
are the days when Bhiwadi that falls in Alwar district, Rajasthan,
was seen as a sleepy hamlet. In the current scenario, it is buzzing
with a lot of real estate activities in both residential &
commercial sectors and is fast emerging into a modern city. Located
in the eastern side of Rajasthan, Bhiwadi is 55 km from the Indira
Gandhi International Airport, 200 km from Jaipur, 40 km from Gurgaon
and 60 km from Faridabad. All in all, Bhiwadi enjoys good
connectivity and keeps you in touch with the entire world. Various
industrial centres have come up in around Bhiwadi, like, Neemrana ,
Dharuhera, Khushkhera, Chopanki, Bawal, etc., and therefore, it is
known as a fastest growing industrial town on the outskirts of Delhi.
In comparison to other NCR areas, prices of realestate projects in Bhiwadi are reasonable. The infrastructure is improving by leaps and bounds, and therefore, the city is popular among people who are unable to afford homes in Delhi, Noida, Faridabad or Gurgaon. The massive industrial growth, coupled with viable connectivity, has made this place a lucrative investment option for people who are interested in real estate. Various companies and factories are also planning to move to the city, which will further boost the development of real estate projects in Bhiwadi.
The real estate in Bhiwadi is thriving by the entry of various small and big builders. Since, prices in Delhi and Gurgaon real estate sectors are extremely high, middle class people are left with no option but to go to nearby areas such as Bhiwadi and Manesar. Thus, in order to meet the burgeoning housing needs of professionals working in Gurgaon, the realty sector of Bhiwadi is being developed at a fast pace. Various new residential projects are on the verge of completion, while, others are underway. You can easily find a flat, plot or a service apartment, etc., within your budget. Various eminent property builders like Terra Group, M-tech, Ashiana, Piyush Group, Omaxe, Parsvnath, etc., are developing integrated townships. Major group housing projects are being developed along the Alwar-Bhiwadi Road, the most affordable destination.
2 top reasons of sudden rise in launching of new projects in Bhiwadi are-
The rising growth of industries has increased the housing demand in the city, thus, giving a boost to the residential sector. Though, Bhiwadi is a small town but due to its strategic location, it is also generating huge returns on investment in commercial area.
It is believed that the planned government initiatives will give a further boost to the real estate in Bhiwadi. The new railway station and bypass has been sanctioned and both developers & investors are positive about the future of Bhiwadi's real estate. In next 2-4 years, a broad gauge rail link will connect Bhiwadi to Rewari. Also, the state government has sanctioned Rs 4 crores for the development of a commercial complex in the city.
In comparison to other NCR areas, prices of realestate projects in Bhiwadi are reasonable. The infrastructure is improving by leaps and bounds, and therefore, the city is popular among people who are unable to afford homes in Delhi, Noida, Faridabad or Gurgaon. The massive industrial growth, coupled with viable connectivity, has made this place a lucrative investment option for people who are interested in real estate. Various companies and factories are also planning to move to the city, which will further boost the development of real estate projects in Bhiwadi.
The real estate in Bhiwadi is thriving by the entry of various small and big builders. Since, prices in Delhi and Gurgaon real estate sectors are extremely high, middle class people are left with no option but to go to nearby areas such as Bhiwadi and Manesar. Thus, in order to meet the burgeoning housing needs of professionals working in Gurgaon, the realty sector of Bhiwadi is being developed at a fast pace. Various new residential projects are on the verge of completion, while, others are underway. You can easily find a flat, plot or a service apartment, etc., within your budget. Various eminent property builders like Terra Group, M-tech, Ashiana, Piyush Group, Omaxe, Parsvnath, etc., are developing integrated townships. Major group housing projects are being developed along the Alwar-Bhiwadi Road, the most affordable destination.
2 top reasons of sudden rise in launching of new projects in Bhiwadi are-
- The
government is planning to develop Mumbai-Delhi industrial corridor
and Bhiwadi will fall under phase
- The
entrant of various multi-national companies in and around Bhiwadi
The rising growth of industries has increased the housing demand in the city, thus, giving a boost to the residential sector. Though, Bhiwadi is a small town but due to its strategic location, it is also generating huge returns on investment in commercial area.
It is believed that the planned government initiatives will give a further boost to the real estate in Bhiwadi. The new railway station and bypass has been sanctioned and both developers & investors are positive about the future of Bhiwadi's real estate. In next 2-4 years, a broad gauge rail link will connect Bhiwadi to Rewari. Also, the state government has sanctioned Rs 4 crores for the development of a commercial complex in the city.
