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Q: Is it a best option to invest in Bhiwadi? How is the market condition in current scenario ?

Rishab, Bhiwadi

30th January 2015

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Replies (4)

Hi Mr Rishab,
As per different sources, realising the potential of this corridor, the government is working towards improving the social and civic infrastructure. Bhiwadi’s infrastructure is improving rapidly, with various projects on the anvil. The proposed Bullet train and Metro connectivity will further enhance Bhiwadi’s real estate investment attractiveness quotient. The annualised appreciation is in the tune of 5-10 per cent, which is consistent with the overall market dynamics of NCR. As a result, Bhiwadi is firmly on property investors’ radar.

Rituraj,

30th January 2015

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@ Rishab,

As per different sources, the condition of the common effluent and sewage treatment plant calls for monitoring. Some of these treatment plants release waste very close to residential areas even in prime locations such as Bhagat Singh Colony. In the long run, this may affect the ground water. Industrial sewage needs to be checked.

Shabnam, Bhiwadi

31st January 2015

@ Mr Rishab,
In my point of view, Bhiwadi along with two other areas collectively form the Rajasthan industrial triplets - Khushkhera and Neemrana have good investment potential. But the real challenge is to make it more end-user friendly.
Yeah , it is a nice location for investment , this upcoming location is very suitable for end users also.

Karan Manjrekar, Bhiwadi

1st February 2015

Hi Rishab,
According to me, commercial of Bhiwadi is also noteworthy. People follow jobs. Commerce follows people is right in the case of Bhiwadi. Once a sleepy hamlet, it is appreciable the way there has been growth in terms of retail. Malls along the Bhiwadi-Alwar Highway and within the city suggest that Bhiwadi is at a nascent stage but may be a hot-spot in future.

Pooja Patil, Bhiwadi

30th January 2015

Comment

Hi Rishab,
As per my knowledge, upcoming locations like Bhiwadi could be strategic. For many young, first time buyers budget is a constraint. While they may like to invest in city centres, prices do not allow this. Bhiwadi is a good deal considering it is just a little over 40 km from Gurgaon. This is roughly the same distance between two strong established markets of Noida and Gurgaon.

Arun Bhat, Bhiwadi

30th January 2015

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@ Rishab,

Although in most part, Bhiwadi is still industrial, it has potential. Bhiwadi is witnessing a shift from its erstwhile image as a mere industrial area to a destination with full-fledged real estate viability. Being a part of the Delhi-Mumbai Industrial Corridor (DMIC) Bhiwadi is now acknowledged as an investment zone. Still primarily driven by its industrial sector, it encompasses the manufacturing centers of Chopanki, Khushkhera and Sare Khurd. There is considerable additional industrial development activity planned by the Rajasthan State Industrial Development and Investment Corporation.

Suneet Jain, Bhiwadi

30th January 2015

Hi Mr Rishab,

Budget is a primary determinant. Within Bhiwadi property market, prices of flats are in the range of Rs 10-80 lakh. Size of these flats may range from 400-2000 sq ft. Average prices are in the line of Rs 2,000-3,500 per sq ft. Trend watchers say that with a sizable proportion of investors realising the potential of this emerging industrial destination, reputed developers have already taken the cue. Therefore, it is not just regular homes that you would find here. Real estate seems to be branching especially with senior homes, theme homes that boast scenic view etc.

Raj Purohit, Bhiwadi

30th January 2015

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