Invest in Dharuhera to earn good Returns on Investment
With soaring property prices in Delhi and its satellite cities, Dharuhera in Bhiwadi is emerging as an alternative destination for investments. Owing to increased industrial development and high accessibility, the area is trending for investment with steep growth for residential demand.
Location: Falling under the National Capital Region (NCR), Dharuhera is about 71km from Delhi and 41km from Gurgaon. Through NH-8, the area connects the state of Rajasthan to New Delhi. Further, being proximal to national highway, the area is rich with transport facilities.
In addition, Dharuhera’s proximity to industrial units such as Kurukshetra Industrial Area, Bawal Industrial Area, Chopanki Industrial Area and Rewari Industrial Area is also enhancing its investment potential.
Price trends: With increasing property prices in Delhi NCR, the realty spotlight has been shifted to the satellite township of Dharuhera. The area provide good opportunity for low-budget investors who cannot afford properties at Gurgaon or Delhi.
Omaxe Construction Group dominates the Dharuhera’s realty market dealing with varied typology of residential units such as 2BHK, 3BHK villas, apartments and individual plots.
As per data with CommonFloor, a 2BHK residential unit would cost anywhere between Rs 3,000-3,800 per sq.ft, while a 2BHK villa would cost about Rs 3,600-5,000 per sq.ft. Average rental values in this locality is in the range of Rs 7,000-10,000 per month for a 2BHK unit.
Few other prominent developers in Dharuhera are Parsavnath, Dwarkadhis, Lotus Infra, M2K Group, Bestech, Raheja Developers and Avalon Group amongst others.
Infrastructure: The area is still developing in terms of infrastructure. However, Dharuhera boasts of adequate basic primary and secondary schooling facilities, both government and private, within 2-3 km range such as Jain Public School, Janki Devi Public School and Vivekananda Group. Whereas, the higher education facilities are available at a distance of 5-10km from the region. The area also boasts of few clinics, grocery stores, banks and ATMs.
Future prospects: KMP (Kundli-Manesar-Palwal) Expressway development and the proposal of Mass Rapid Rail Corridor between Delhi and Alwar are the two major future projects, which are likely to boost the realty prices in the locality and its surroundings. There is also a metro station planned for Dharuhera, which is expected to further enhance the connectivity and in turn the realty market of Dharuhera.