Dharuhera: Connectivity drives investment opportunities
Dharuhera, in the Rewari district of Haryana, is highly preferred by investors for its proximity to Gurgaon. It has affordable prices in comparison to Gurgaon. Situated at a distance of 40 km from Gurgaon, this small industrial town is the part of the NCR, the peripheral location of Dharuhera has not prevented it from yielding high return on investments. Its location on NH 8 and the new infrastructural and residential developments happening here is giving it a boost in real estate investment. Many new infrastructure projects proposed also adds as an advantage to the area.
DMIC(Delhi-Mumbai Industrial Corridor) is one of the major infrastructure developments which will be demanding a lot of housing in Dharuhera. KMP expressway and Delhi-Jaipur elevated highway also add to its connectivity. Established as a separate town Dharuhera has its own good social and physical infrastructure which includes all educational and health facilities. All these infrastructural advantages drives the investment on residential real estate. Many professionals working in Gurgaon and looking for an affordable home would be seen spilling over to Dharuhera in no time. The ever-improving connectivity and the growth in job opportunities are what the buyers and sellers can remain hopeful of.
The Prices have been increasing since last five year and it is expected to increase in future too. In next five years in Dharuhera could see an appreciation of 20-30 per cent. So Dharuhera is a good investment option but only when there is minimum horizon of five years. The government sector infrastructure development needs to take pace to improve its housing demand.
Presently, the town offers majority of its properties within a budget range of Rs 40 – 80 lakh, which is a tough availability in Gurgaon. The capital values in Dharuhera range between Rs 2700 and Rs 3500 per sq ft. Gurgaon has even higher price points, which make Dharuhera highly viable for mid-income segment homebuyers. In terms of the rental values, Dharuhera fetches almost Rs 8000 per month for a 2BHK and Rs 13000-15000 per month for a 3BHK.
Thus, if you are an end user, then you may consider Dharuhera as there are both under-construction and ready to move in properties available here. And if you an investor then make sure you have a large time frame of investment. As the area has many opportunities, developers and builders are showing keen interest on this area. Some prominent developers, who started projects are Vardhman Developers, Dwarkadhis Projects Pvt Ltd, Vipul Infrastructure Developer Ltd and Parsvnath Developers.
