Neemrana emerges as a real estate market

Q: Hi, how is Neemrana for investment??? How is the locality?? How is the real estate market there???

Lohit Raj, Delhi-NCR

22nd September 2013

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There are strong economic drivers contributing to the real estate growth in Neemrana which include rapid industrial development, good connectivity and numerous employment opportunities. In the next few years, with the betterment of its social infrastructure, the place is set to witness very high growth in terms of residential, commercial, office and retail sectors.

Neha Srivastava, Delhi-NCR

24th September 2013

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Besides being an industrial hub, Neemrana is likely to develop as an educational hub too. As of now, 38 universities have obtained green signal for setting up their campuses in this part. NIIT, School of Aeronautics and Raffles are already operational....

Tamal, Delhi-NCR

24th September 2013

But even then, there would be no healthy balance between demand and supply, since the working population is likely to rise and there would be a demand for 10,000 units.

Suhail, Delhi-NCR

24th September 2013

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Real estate experts say that the investors looking to buy properties in Neemrana have to ensure that the projects have obtained all required clearances.

Sanjay Gupta, Delhi-NCR

24th September 2013

Neemrana offers a wide range of properties including township projects, villas, apartments and affordable housing units. However, the town is witnessing demand-supply mismatch, which has led to great hike in the property values and rental rates.

Praveen P, Delhi

23rd September 2013

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But NCR has a pathetic problem.. the road condition is very bad especially NH8 , wont that effect the real estate market?

Gaurav Malik, Noida

23rd September 2013

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True ,It is really important to get rid of potholes, bumps and traffic issues
along the highway to boost the area’s growth. The area demands a better
social infrastructure including proper schools, hospitals, restaurants,
retail shops, etc.

James, Delhi

23rd September 2013

How about the projects of the place???

Richa, Delhi

23rd September 2013

Eldeco Group is coming up with Eden Park and Hillside. Avalon Group is planning to launch Stanford Sunrise residences comprising 800 housing units. Ashiana Housing, Anant Raj industries, Anurag Enterprises, VB Builders, APTP Group, etc are also planning to develop residential projects in Neemrana..

Vibhor, Delhi

23rd September 2013

So will this place give me good returns in future if i invest in now?

Pranab Malakar, Delhi

23rd September 2013

See real estate game is never for 2-3 years. India, real estate game should be play for 8-9 years or for long... If you invest now, it wont give you immediate returns. you have to wait for the place to grow , to develop, to grow the demand.. and all. This place is emerging , you can only expect returns after 6-8 years.. if you are ready to wait the cool... .

Nikhil Agarwal, Delhi

23rd September 2013

Guys i understand all the factors are important, but i want to know what is the price trend of the area! Is it costly?? or affordable?

Ruchi Mishra, Noida

23rd September 2013

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The average rental value for a 2bhk in Neemrana is around Rs 15,000 to Rs 20,000, while for a 3bhk it is around Rs 20,000 to 25,000. The present average price per sq ft for properties in Neemrana range between Rs 2,600 to Rs 2,800. The plot rates have almost doubled in this area in the past one year.

Sunil Sharma, Noida

23rd September 2013

No sir, i know connectivity is not the major factor that draws the demand... There are industries present in the area.

Yogesh Kumar, Noida

23rd September 2013

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The place is famous for automobile ancillary, ceramic, engineering and textile-based industries. Many Indian and foreign companies such as Hero Honda, Ashok Leyland, Nippon Steel, Mitsubishi, Maruti, Eicher and Saint-Gobain are setting up units in these industrial areas. This will lead to increasing job opportunities in this region which will further boost the demand for residential projects.

Hemant, Noida

23rd September 2013

Guys i can speak about the connectivity of the place , Neemrana is located in the South-West NCR, between Behror and
Shahjahanpur on the Delhi-Jaipur highway (NH-8). The national capital is
at around 120 km, Gurgaon is at 88 km and Bhiwadi at 53 km from
Neemrana.

Anil Singh, Noida

23rd September 2013

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What are the employment opportunity of that place??? What do you think that only connectivity will draw the demand??

Yogendra, Noida

23rd September 2013

See my frnd, this is a old place , situated in Rajasthan’s Alwar district and a booming industrial hub in the NCR, has also been emerging as a prime real estate destination. This is new place thats stepping its first step in real estate sector. There are many factors thats driving the real estate of this place...

Suneet Shetty, Noida

23rd September 2013

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