Bhiwadi Emerges As A Promising Real Estate Destination
Making a decision to invest your hard-earned money is not an easy deal. But, who wouldn't like to consider investing in the National Capital Region (NCR) which boasts a growth-oriented environment. Moreover, it further becomes all the more relevant when a property is priced at rates as low as Rs 2,000-3,500 per sqft. Well, we are talking about the emerging property destination - Bhiwadi.
With a massive growth in the residential, commercial and industrial sectors, Bhiwadi is attracting a considerable level of interest from buyers and investors alike. Spread across 5,300 acres, the city already has more than 2,700 small to large corporate houses and the number is growing at a consistent pace. The best part is that Bhiwadi is located near the IT hotspot of Gurgaon, which is one of the most happening property markets in the country.
Here is why you should consider buying a property in Bhiwadi.
The city is located 40 km from Gurgaon and 55 km from IGI airport. The Delhi-Jaipur highway (NH-8) is five km from the town and connects Bhiwadi to Manesar, Bawal, Alwar, and Neemrana. With its seamless road connectivity, Bhiwadi offers a great option to people working in Gurgaon, Delhi and the adjoining areas of the city.
For families planning to buy their own house, Bhiwadi is quite an affordable real estate market. The city is growing rapidly and a number of residential housing projects are offering amenities as good as any other project in Gurgaon or Noida. The prices are stable for the past three years, and you can buy a 1,000-sq ft 2BHK in the price range of Rs 20-40 lakh, depending on the location, construction quality and amenities.
Infrastructure is yet another reason why Bhiwadi makes for a potential real estate destination. The level of social infrastructure is also growing at a fast pace and one can easily notice a network of schools, colleges, hospitals, shopping centers and entertainment zones. Overall, Bhiwadi real estate market offers a good standard of living away from the hustle and bustle of congested and polluted cities.
Rapid growth rate
Thanks to its proximity to Gurgaon and Delhi, Bhiwadi has become popular for business enterprises. An influx of companies in the city is resulting in migration of qualified workers who are looking out for quality living. Omaxe, Ashiana Group, Krish Infrastructure, Star Raison Landmark, MVL, Cosmos Infra, Avalon, BDI and Piyush Group among others have already made their mark here.
Also read: 5 Most Affordable Localities Beyond NCR