Bhiwadi is a
tier II city in Rajasthan, located at just an hours drive from Delhi.
This being a part of Gurgaon extension, the place is under the ambit
of National Capital Region. Owing to the saturation of built
infrastructure in areas such as Gurgaon, this city is being rapidly
developed to be an upscale urban area.
Recently,
there is a hike in real estate market of Bhiwadi turning it to a
desired destination for property buyers and investors. Real estate
Bhiwadi is becoming a gradual hot-spot for many reasons. Any
investment in this sector is sure to bring excellent returns within a
short period of time.
Bhiwadi at
present houses around 3000 setups comprising of small, medium and
large scale industries from many sectors. Numerous multinational
companies has made this city their operational hub. These are
gradually expanding while opening up huge earning opportunities for
skilled professionals.
Hence, the residential real estate in likely
to be a boom in this city in coming times. As of now, the prices of
any real estate property in Bhiwadi are quite less compared to
that of adjacent Gurgaon.
This is the
prime reason why it is the best time to invest in this market. A
decent residential apartment in the best locations would cost around
18 to 40 lacs. Bhiwadi is in a strategic location close to industrial
areas such as Manesar, Dharuhera and Sohna. The proximity of this
place to the industrial hubs has turned it to a top destination for
real estate developers.
Many
prominent builders such as Avalon, Omaxe, Cosmos, M2K and others has
contributed largely to both residential and commercial building
infrastructures in real estate Bhiwadi . Affordable housing is
still available in the area because of its nascent development.
This is now
quite accommodative for the middle class income group. The market is
expected to develop rapidly for next five years. Connectivity and
communication in this city is excellent. It is near NH 8 connecting
Delhi and Jaipur. Planning is also going on to set up metro
connectivity in the city connecting it to Delhi and Gurgaon.
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