I agree with this statement with having lots of reasons., Bhiwadi is is an emerging industrial destination in the NCR region. The average ticket size for apartments in Bhiwadi is between Rs. 2400-3500/sq.ft, and the annualized appreciation to the tune of 5-10%, which is consistent with the overall market dynamics of NCR. The proposed Bullet train and Metro connectivity will further enhance Bhiwadis real estate investment attractiveness quotient. As a result, Bhiwadi is firmly on property investors radar. As a Property Consultant (Wealth Amplifier Infratech Pvt. Ltd.) we also feel lot of changes in recent year's.
Now a days Bhiwadi showing much appreciation for investors & end users. Now Bhiwadi is becoming a hub for investors. Investment in this locality is becoming a prime decision for investors. Bhiwadi has emerged as a significant market on the property map of the NCR in the last few years.
Hi Ramneek, According to me,with property prices increasing even during the worst phase of the economic slowdown, it is evident that this town is sure to bring prosperity to the buyers who invest their hard-earned money in this region. That is why Bhiwadi is now witnessing an increased buyer interest during the ongoing festive season.
Bhiwadi’s infrastructure is improving rapidly with various projects on the anvil. The proposed bullet train and Metro connectivity to Gurgaon will definitely put this city in the limelight. The city is presently going through a major shift from being a major industrial hub to a destination with full-fledged real estate viability.
Clearly, the buyers are going to see their assets appreciating significantly in the coming years. A market which continued to grow even when the rest of the NCR region was registering zero growth and had become stagnant is attracting a lot of buyer interest in the current festive season.
Yes Shabnam, I agreed with you. The reason behind this increased interest can well be cited as the constant price increase which has not been seen in any other part of the NCR. The huge price difference between the property prices in Gurgaon and Bhiwadi has shifted the buyers’ interest to this city and festive offers being provided by the developers are an added bounty.
As per my knowledge, the growth of this city has been modified following the announcement of the Delhi Mumbai Industrial Corridor and the Dedicated Freight Corridor by the present central government. This region is sure to see a lot of growth in the coming years and those who invest here now will reap huge benefits.
The real estate market, which had been more or less holding its breath, has finally opened up again. One of the fastest growing real estate destinations, Bhiwadi has come up as a profitable locality for middle class and salaried people who are on a lookout for investment opportunities. Bhiwadi is an ideal destination for investors as the property prices are still affordable and expected to see good appreciation in capital values.
In my point of view, this town’s real estate market is evolving into an affordable-luxury segment. Investing in Bhiwadi region, with festive offers at hand, will be a smart move. With land scarcity in Delhi, unaffordable prices in Gurgaon and Noida, Bhiwadi looks as a lucrative investment option for those who wish to reside in the NCR.
As per my knowledge, Bhiwadi enjoys excellent connectivity and it is only natural that residen tial and commercial properties are developing here. The reason for this phenomenal growth is the infrastructural development that has taken place here over the past few years.