Bhiwadi Real Estate - Reasons to Invest in Bhiwadi

 

Bhiwadi - 26th Mar 2015

Bhiwadi is really a town inside the east end of Alwar in Rajasthan. Bordering Haryana and Rajasthan, it is around 90 kilometres of Alwar proper, 60 kms from Faridabad, 55 kms from the Indira Gandhi International Airport in Delhi, 40 kms from Gurgaon, and around 200 kms from Jaipur. Although its total area is around 3,347 acres, an extension of approximately 3000 acres has already been proposed. As it is around 5kms from National Highway - 8, it is becoming a favourite among real estate developers. Looking in Noida Affordable Housing visit Sikka Kimantra greens.

Commercial Development:

If some media reports are to be believed, this town forms the third largest industrial hub of the subcontinent. V. K Thakore wrote in a paper entitled "Establishing Industries in DMC and NCR" that it must be due to the increase in towns like these, that several entrepreneurs prefer this region over others2. Several companies already have offices here for example Honda Siel Cars, Hero Honda, Pepsi, Jaguar, Bausch & Lomb, Gillette India, Shree Cements, Ujala Pumps, Ajanta Chemical Industries etc. More companies plan to set operations here for instance, Jay Auto Components Ltd., Oswal Casting Pvt. Ltd., Water Forging Pvt Ltd. etc, to name a few. In fact, Bhiwadi, coupled with two other areas, namely Chopanki and Khushkhera forms quite an industrial hub extending over 5300 acres and caters to around 2500 industries. Besides industrial plants, proposed commercial projects for retail spaces and office spaces and residential projects, some developers such as Ashiana Housing Ltd. has taken the initiative to build up a housing society for ones elderly called Utsav Care Homes.

Infrastructural Development:

One of the primary factors that has been beneficial to real-estate boost Bhiwadi is proximity to NH-8. Moreover, several real estate projects are coming along the Alwar Bypass Road such as MVL Coral, MVL Indi Homes, MVL The Palms, Avalon Royal Park, Avalon Regal Court, BDI Northstar, to name a few. This four lane mega highway with 200 feet will connect to NH-8. Moreover, the upcoming eight lane Delhi-Mumbai Industrial Corridor (DMIC) which also connects to Gurgaon will pass by Bhiwadi. This besides a Dedicated Freight Corridor (DMC) is part of a mega project worth 90 billion US dollar. Financial and technical aid for the same will also come from Japan. To add to this, a rapid rail transit system has also been proposed. This is likely to enhance connectivity between Delhi, Gurgaon and Bhiwadi.

The important factors of Investment in Bhiwadi

Delhi-Mumbai Industrial Corridor(DMIC) is a mega infra-structure project of USD 90 billion with the financial & technical aids from Japan, covering an overall length of 1483 KMs between the political capital and the business capital of India, i.e. Delhi and Mumbai. The Multi-modal High Axle Load Dedicated Freight Corridor (DFC) between Delhi and Mumbai,

DMIC passing through the Six States - U.P, NCR of Delhi, Haryana, Rajasthan, Gujarat and Maharashtra, with end terminals at Dadri in the National Capital Region of Delhi and Jawaharlal Nehru Port near Mumbai.

Distribution of length of the corridor indicates that Rajasthan (39%) and Gujarat (38%) together constitute 77% of the total length of the alignment of freight corridor, followed by Haryana and Maharashtra 10% each and Uttar Pradesh and National Capital Region of Delhi 1.5 % of total length each.

This corridor will be equipped with an array of infrastructure facilities such as power facilities, rail connectivity to ports en route etc. Approximately 180 million people, 14 percent of the population, will be affected by the corridor's development.

This project incorporates Nine Mega Industrial zones of about 200-250 sq. km., high speed freight line, three ports, and six air ports; a six-lane intersection-free expressway connecting the country's capital(Delhi) and financial capitals(Mumbai) and a 4000 MW power plant.

Several industrial estates and clusters, industrial hubs, with top-of-the-line infrastructure would be developed along this corridor to attract more Foreign Investment Funds for the projects would come from the Indian government, Japanese loans, and investment by Japanese firms and through Japan depository receipts issued by the Indian companies.

Many people are looking for the investment in real estate and property near by Delhi and Gurgaon. They are about to make the profits by selling and buying the property and always looking for the upcoming projects in Gurgaon and near by it. If someone wants to invest near by Gurgaon then the most important suggestion is to sell the property and land in Bhiwadi. Because Bhiwadi is now growing developing sector where any one can buy the property and can make the huge benefits after one or two years.

Currently Bhiwadi is coming up with new developments in real estate and property and has become the Special Economic Zones that is attracting attention to investors for sale and purchase the property in India. Due to many reasons by which we can say that Bhiwadi is now the fast growing in real estate and property development at all and many people are about to search the apartments in Bhiwadi to live and more commercial projects to settle their business.

Many Real Estate Developers are coming here for new projects in Bhiwadi and also the luxury apartments in Bhiwadi. To see the growing industrial sector there is a voluble property to sell and buy for making the credit in next few months and years. So that if any investor is about to invest then he will ever want to make the more benefit in the commercial sector. They are not only to invest on commercial sector but also they are investing in living and residential sector due to many people like to live in well developed city as we can say that Bhiwadi is also a well developed city near NH-8 Dharuhera.

 

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