Monday 8 December 2014

Reasons You should invest in Real Estate Bhiwadi


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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