City Search:BHIWADI

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Bhiwadi – A Rising Star In NCR Real Estate

Posted on Feb 09, 2015

Bhiwadi is located is the Alwar district of Rajasthan, and is an emerging industrial destination in the NCR region. Located at just 40 km from Gurgaon, Bhiwadi is witnessing a shift from its erstwhile image as a mere industrial area to destination with full-fledged real estate viability. Being a part of the Delhi-Mumbai Industrial Corridor (DMIC), Bhiwadi is now an acknowledged as an investment zone.

Still primarily driven by its industrial sector, Bhiwadi encompasses the manufacturing centres of Chopanki, Khushkhera and Sare Khurd. There is a massive amount of additional industrial development activity planned by The Rajasthan State Industrial Development and Investment Corporation (RIICO).

Advantageously located along the borders of Rajasthan and Haryana, Bhiwadi has been seeing improving connectivity with Delhi and Gurgaon, which has reflected favourably on its realty market. Due to the relatively cost-effective land prices, growing housing demand and excellent connectivity afforded by the Delhi-Jaipur National highway (NH-8), there has been a spurt in new residential housing projects catering primarily to the people employed in this industrial belt as well as for people looking for reasonably-priced properties around established centres of Gurgaon and Delhi.

As a result, Bhiwadi has attracted the attention of various reputed developers primarily offering affordable housing projects, with only a scattering of luxury projects. The average ticket size for apartments in Bhiwadi is between Rs. 2400-3500/sq.ft, and the annualized appreciation to the tune of 5-10%, which is consistent with the overall market dynamics of NCR.

Apart from rapid residential development, Bhiwadi is also witnessing growth in retail and office spaces. For instance, Bhagat Singh Colony – the prime residential area of Bhiwadi – is also turning into a retail and commercial nerve centre. V Square Mall, located on Bhiwadi-Alwar Highway, is a multiplex-cum-shopping mall in the city. The mall-cum-office complex Sky View Tower, BB Mall and Ganapati Plaza are upcoming developments on the retail real estate front in this region.

Realising the potential of this corridor, government is working towards improving the social and civic infrastructure. Bhiwadis infrastructure is improving rapidly, with various projects on the anvil. The proposed Bullet train and Metro connectivity will further enhance Bhiwadis real estate investment attractiveness quotient. As a result, Bhiwadi is firmly on property investors radar.

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Bhiwadi: A rising star in NCR real estate

Posted on Nov 19, 2014
New Delhi: Bhiwadi is located is the Alwar district of Rajasthan, and is an emerging industrial destination in the NCR region. Located at just 40 km from Gurgaon, Bhiwadi is witnessing a shift from its erstwhile image as a mere industrial area to destination with full-fledged real estate viability. Being a part of the Delhi-Mumbai Industrial Corrid ...
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Liked a property on TV? Research well before buying

Posted on Nov 07, 2014
Vardhaman Kishore liked a property on TV and planned to buy it. The offer was attractive. A 2BHK for only Rs 11 lakh in an ‘upcoming locality on the Bhiwadi-Alwar Road and an upfront payment of Rs 11,000 only till the house is ready for possession. The intermediaries facilitated the transaction. Sounds good? When Kishore actually visited the site, ...
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EPMS to manage four malls in Bhiwadi, Aligarh, Pathankot, and Chattarpur

Posted on Sep 06, 2013
Mall management company, EPMS, a part of E-City ventures (an Essel Group enterprise), has expanded its footprint to tier 2 and 3 cities Pan India as it will now be managing four new properties at Bhiwadi, Aligarh, Pathankot and Chattarpur.At Pathankot, the company will manage the City Centre mall, first in the city, which became partially operation ...
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AIBPL Launched the Tallest Commercial Tower of Bhiwadi

Posted on Jun 24, 2013
One of the emerging real estate companies of India, Advance India Builders & Promoters Pvt. Ltd. (AIBPL) has launched their ambitious project “Advance Saaga Castle” a unique mixed-use commercial development being constructed for the first time in Bhiwadi on Bhiwadi-Alwar Express Highway (SH-25). It will be the tallest commercial tower in Bhiwad ...
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Realty deals may gain ground in small towns

Posted on Mar 11, 2013
Land sharks, builders and corporates looking to buy land parcels around smaller towns and cities will find it easier to cut deals now.The Finance Bill 2013 that has refined the distance and population criteria for determining agricultural land as a capital asset will allow more such transactions around smaller towns with population of less than 10 ...
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