Neemrana Locality Review

Q: Hey, i was looking for affordable housing in teh NCR area and its mainly as investment.. do you think Neemrana is agood option?

Dinesh sahu, Ghaziabad

11th March 2014

Locality Review in Neemrana

neemrana properties

real estate in neemrana

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Neemrana Locality Review Locality Review in Neemrana

Replies (4)

Hi,
can u suggest some good ongoing properties in this localities?

Varun,

17th October 2014

Comment

ALD Lavanya, The Gateway Towers are good properties in this localities for investment point of view.

Samrat,

17th October 2014

Hello.. please update me on the price trends for apartments here and which will be better plots or apartment?

Ranjeet, Faridabad

11th March 2014

Comment

Well ranjeet, i have been looking at this area for some time now and the average price here during the last quarter of 2013 was around 2550/sqft and this has mildly increase to be around RS 2750/sqft in this first quarter of 2014.

Both apartments and plots are good and it is totally your choice. i personally will suggest that you look for plots in gated communties and many brokers are there who will give u option to pay in installments as well....

Shivshankar, Delhi-NCR

11th March 2014

Ranjeet, the apartments announced here are bu reputed builders and so even if you invest in them, it will be good.. apartments yield better in termsof future rentals and becaouse of teh presence of universities and many that are planned...im sure the student community will flock here and many will be on the lookout for rented accomondations that have all facilities ans safe...

Arun Bhat, Bhiwadi

11th March 2014

Hi.. Thanks for all this update... But what about the residential places..is it good for end use in terms of say educational institutes , hospitals etc...

Dinesh sahu, Ghaziabad

11th March 2014

Comment

There are number of reputed builders who have announced their projects here like the trehan group, Eldeco, Avalon, Asiana. as well as a large township by the rajasthan government and the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC).
Neemrana is well-connected with the New Delhi international airport (around 105 km) and an independent airport is also proposed to be built here between delhi and jaipur and this will further have a positive impact on real estate here.

I will not sugest end use as of now..this is and invetsment destination....

Tushar Sinha, Delhi-NCR

11th March 2014

Yes tuhsar is right...and there are educational institutes and hopsitals but dont expect reputed name s as of now...
Around 38 Universities already sanctioned in Neemrana which includes the
NIIT University,
Raffles,
Rai University,
School of Aeronautics,
SMEC etc that are already Operational
there are government schools here and 2 engineering colleges but no schools that has got a good name.
Government hospital and baba khatanath hospital are functional here and the nearest railway station is the bawal railway station that is 25 kms

Shivshankar, Delhi-NCR

11th March 2014

Well Mr Dinesh, In a time frame of say 10 +years, you can see that the area has developed highly.. there area already many industries there and the residential projects too are by good nad reputed names... there are plots in gated communitie s, apartments, builder floors, small villas etc that are beig planned and constructed... what type are you looking for...

Tushar Sinha, Delhi-NCR

11th March 2014

Comment

Ok..Can you give me a brief overview of this locality?

Dinesh sahu, Ghaziabad

11th March 2014

Mr Dinesh,
The place is around 120 Kms from delhi and in the Alwar district of Rajasthan, the place of Neemrana has been promoted extensively for its commercial and industrial use. The place is actually more in news for its tourist places in the form of palaces and forts as well as the majestic heritage hotels there.

With the announcement of the Global City and the Special Economic Zones and the Kundli-Manesar-Palwal expressway which will intersect NH 8 when completed, the area is seen as a realty hotspot in the time gap of say 8-10 years.

The area has quite a lot of industries already functioning under the Rajasthan Industrial corporation (RIICO) as well as the Export promotion industrial park, Japanese zone in Majarkanth and is a major stop on the Delhi Mumbai freight corridor.

Shivshankar, Delhi-NCR

11th March 2014

Ok!! please name some of the industries already functional in Neemrana and which all companies are scheduled to start their plants or offices there…

Dinesh sahu, Ghaziabad

11th March 2014

Well, Liberty whitewares has a sanitary wares manufacturing unit, a unit of the Hero MotoCorp and AMD Metplast are also setting up their units, while units of Parle, Prena Syntex, and Rochee Breweries are already operational. Three Japanese logistics companies are planning to start their operations and japanese automobile giant nissan too is has a plant in Neemrana. Ansal API and reliance are having SEZ also in the areas in and near Neemrana.Havells India Limited, a leading FMCG and electrical company, is investing in a new home appliance facility at Neemrana...

Shivshankar, Delhi-NCR

11th March 2014

Shivshankar, you missed out on Hitachi which is starting a new factory for power metallurgy and friction materials by Hitachi Chemical and also setting up its first solar power generation unit in India here.

There are also units by GIL (Ginni International Limited),Greenply, Electrolux Kelvinator,Daikin, Dainichi, Mytex polymers and Takata india pvt ltd etc…

Rajasthan Industrial Development and Investment Corporation (RIICO) will set up Ceramic and Glass hub in 250 hectares at Gilot in the industrial area of Neemrana, bordering DMIC and with piped natural gas.

Tushar Sinha, Delhi-NCR

11th March 2014