Real estate ranks top among the priorities once it involves investment plans. whereas it's one amongst the safest investment choices, it's not while not risks. Hence, it's necessary to create prudent choices and wise selections once it involves buying property. Bhiwadi, in recent times has gained superb name among realty investors as a result of the exaggerated potential of high returns on the investments. this is often owed primarily to the quick growth in realty within the space with many world category budget and luxury comes arising and therefore the improvement in life style facilities within the city.
Bhiwadi, a part of the Delhi-Mumbai industrial corridor, is located at just 40 kilometers from the Millennium city Gurgaon and has close proximity to Delhi city and the industrial hub Manesar and is also accessible easily from north western India situated as it is in the Alwar district of Rajasthan. Bhiwadi is a town primarily driven by its rapid growth in small, medium and big industries encompassing steel, furnace, pharmaceuticals, printing, textiles and much more.
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. Bhiwadi’s infrastructure is improving rapidly, with various projects on the anvil. The proposed Bullet train and Metro connectivity will further enhance Bhiwadi’s real estate investment attractiveness quotient. As a result, Bhiwadi is firmly on property investors’ radar.