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How is Bhiwadi the most affordable destination in NCR?

Bhiwadi is still seeing the phase of development which is the primary reason for the low prices of the projects. Over the next few years the target is to make this place as developed as the metro cities.

Why should a person invest or buy a property in Bhiwadi rather than in Gurgaon or Noida?

Bhiwadi holds huge development potential owing to its affordable prices, sound infrastructure and proximity to Gurgaon and Delhi. Bhiwadi is a hotspot destination for real estate, industrial and institutional development.

It is strategically situated on NH-8, and offers direct connectivity to Delhi, Gurgaon, Jaipur and other important cities in the vicinity. It is situated at 40 km from Gurgaon, 55 km from Indira Gandhi International Airport, 25 km from Rewari and 60 km from Faridabad and 200 km from Jaipur.

For which section of people is Bhiwadi a good option for investment?

Bhiwadi is a good choice, mainly for those who prefer to buy residential unit within Rs 50 lakh. There are a wide ranges of property available within the budget of 50 lakhs like there are plots of Rs 13,990 of 140 sq yd to Rs 16400 of 250 sq yd. Flats have a budget starting with Rs 15,00000 to Rs 55,0000 having an area starting with  550 sq ft to 1450 sq ft.

How fast is the growth related to industries in Bhiwadi?

Companies from major parts of India have set up their base here, and currently there are around 2500 industries operating at these locations in the area spread over nearly 5300 acres.

Where are most of the projects of Bhiwadi located?

Almost all the projects of Bhiwadi are located on Alwar by pass road before the toll gate and after the toll gate.

What is the connectivity quotient of Bhiwadi?

The town is located about 55km from the Indira Gandhi International Airport, New Delhi, 40km from Gurgaon and 5km from NH-8 (Delhi-Jaipur highway) on the Dharuhera-Sohna Road. The location will also be connected with the upcoming Kundli-Manesar-Palwal Expressway which is a future connectivity promised in 2021 Gurgaon-Manesar Master Plan. Bullet train is proposed in this Bhiwadi NCR region for the better connectivity of the people residing in Gurgaon, Delhi and neighbouring areas. Mass Rapid Transportation system (MRTS) has been proposed which will run from Gurgaon to Neemrana that will connect Bhiwadi with bigger cities.

How good is its connectivity with Manesar, Dharuhera, Neemrana and other neighbouring areas?

The town is well connected to Manesar, Bawal, Alwar and Neemrana due to its direct approach to NH-8. 

How great is the residential outlook in Bhiwadi?

The region has witnessed three-fold increase in its population as per 2011 census. Growth of industries in this busy town, and the smooth connectivity of the neighbouring states like, Khushkera, Dharuhera, Neemrana and also with Gurgaon has made people choose Bhiwadi as the most preferable place to reside not to forget the greatly affordable prices. There are more than 80 ongoing and upcoming projects in Bhiwadi which in the next 3-5 years would add around 20,000 new residential units to the micro-market. Based on this, Bhiwadi will be able to accommodate nearly 50,000 people in the next five years. Another important thing about living in Bhiwadi is that the water supply in this area is very good

What are the major builders whose projects the clients are mostly attracted to in Bhiwadi?

Projects like MVL, Avalon, Terra, Krish and Essentia come up with amazing area sizes and great price ranges with exclusive discount offers. Mostly clients are interested to invest in these properties.

Which was the first project to launch in Bhiwadi?

Ashiana Housing was the first to move into this location with an array of projects namely - Ashiana Utsav, Utsav Care Homes, Ashiana Angan, Treehouse Residencies and two projects in retail segement (Village Center and Angan Plaza). What is the budget range of properties in Bhiwadi?

What is the population quotient of Bhiwadi according to the census?

The region has witnessed three-fold increase in its population as per 2011 census. The staff and management personnel of MNCs and the industries operational in GBC are the prime target customers for the residential and commercial projects being constructed in Bhiwadi. 

Are there any schools or colleges for those whose families will reside in Bhiwadi?

Famous residential schools like Bal Bharti Public School and Modern School are located in Bhiwadi.

What is the price appreciation in Bhiwadi?

Around 9 percent appreciation has been recorded in Bhiwadi-Alwar Road in the second quarter of 2013, compared to the same period last year. About 60 percent hike has been recorded for residential plots in Bhiwadi, over the last two quarters. The price was about Rs 11,000 per square yard which increased to Rs 18,000 per sq yd during the April-June 2013. The apartments are available in the price range of 2300 to 2600 per sq.ft.

What is the investment outlook of Bhiwadi?

Even though, the real estate market of Bhiwadi is currently driven mostly by the investors, end-users too are expected to flock into this location once its rapid link with the capital, gets activated (this is expected in the next three years of time). With improved connectivity, people working in Gurgaon, Delhi and the adjoining areas of Bhiwadi like Manesar, Dharuhera, etc would also like to settle down in this town, due to its strategic location and serene environs.

What is the demand rate for residential properties in Bhiwadi?

Bhiwadi has an established industrial set-up and with the rise in housing demand here, it is now being considered as the jewel in the crown of the National Highway 8. The influx of MNCs and commercial real estate markets into Bhiwadi has driven the growth of residential property in the city. Keeping this in mind, developers like Ashiyana, BDI, Avalon, Genesis, Kajaria, MVL, Krish Vatika, Nimai Developers, Omaxe, Trehan Home Developers, etc, have come up with several housing projects here.

What are the reputed firms that have laid its base in Bhiwadi?

Spread over 10,000 acres, today it is home to numerous top-notch global industries including in the automobile, pharmaceutical, cable, electrical appliance, garment, beverage sectors.

The major industrial areas in Bhiwadi are Kahrani, Chopanki, Pathredi, Khushkhera and Sare Khurd. Honda Siel Cars India Ltd, Gillette, Bausch & Lomb, Relaxo, Lakhani, SICPA, Hi-Tech Gears, RICO Auto Industries Ltd, Hi-Tech Gears Ltd, Sri Ram Group, Kajaria Ceramics, International Tractor Ltd, Saint Gobain are some of the prominent industrial houses here.

Is bhiwadi getting attention from developers and investors?

Yes. Bhiwadi is modernizing fast and has all the lifestyle facilities of a city. The town is spread over nearly 5,300 acres, and houses around 2,700 big, medium and smallscale industries. They include industries like steel, furnace, electronics, engineering , textiles, pharmaceuticals, printing, cables, rolling mills, food processing , herbal care units, etc.

Are there any townships coming up in Bhiwadi?

Omaxe, the New Delhi-based real estate developer has two townships in Bhiwadi, namely Omaxe Panorama City and Omaxe Green Meadow City. Omaxe Panorama City has plots, villas and group housing (City Homes).the first thematic city of Bhiwadi, Yogmaya Projects is creating 'Riviera City' offering modern living in Bhiwadi. According to the company, the project is inspired by French culture and architecture. The project will have very unique and romantic experience of healthy and poetic living environment dotted with French style parks, walkways and open cafes.

How far do you find Bhiwadi infrastructure friendly enough to develop residential projects?

Bhiwadi has moved a long way from being a small town to third largest Industrial hub in India. Definitely city’s infrastructure has improved a lot with industrial development in area, adding to this real estate growth is also enhancing its sheen.

Moreover proposed plans like Bullet trains, DMIC, 4-lane Bhiwadi Alwar highway are indicating a promising growth in Bhiwadi.

What is the potential of Bhiwadi in terms of property appreciation and rental value?

Bhiwadi has already become a dream destination for investors (because of its promising growth) and end users (because of its affordability). Adding to this, Government proposed investment of approximately Rs 30,000 crores for promoting growth of this industrial township.

As per CREDAI: Bhiwadi is going to have requirement of around 55,000 flats till 2015. All these facts and figures clearly indicate towards a promising Bhiwadi.

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