GURGAON: In this city that barely existed two decades ago, there are 26 shopping malls, seven golf courses and luxury shops selling Chanel and Louis Vuitton. Mercedes-Benzes and BMWs shimmer in automobile showrooms. Apartment towers are sprouting like concrete weeds, and a futuristic commercial hub called Cyber City houses many of the world’s most respected corporations.
and about bhiwadi is located in the Rajasthan , and connect with Gurgaon, Delhi-NCR. Its is just 40 km, Bhiwadi is now become industrial hub. A part of the Delhi-Mumbai Industrial Corridor also known as DMIC, Bhiwadi is well now as the investment Zone in Delhi-NCR Property.
According to Real Estate Developer, Bhiwadi Industrial Area become manufacturing centres at Chopanki, Khushkhera and Sare Khurd Industrial Area. Rajasthan State Industrial Development and Investment Corporation (RIICO) planning to invest a large amount in development of Industrial area.
Advantage of location bhiwadi come along the border of Rajasthan and Haryana, Direct connectivity with Delhi and Gurgaon which is one of the main reason why investment in Residential Apartment Growing more than delhi and Gurgaon. Due to comparatively price of land is less than gurgaon and delhi, lead to growing housing demand in Bhiwadi and excellent connectivity with delhi-jaipur national highway (NH-8),there has many residential apartment in bhiwadi like Krish City Phase -1,Krish City Phase – 2, Krish Vatika phase -1, krish Vatika phase – 2 and Commercial Offices and many mall like krish Mall, krish Square. A lot of people who working in gurgaon, manesar, industrial area of bhiwadi book are dream home in bhiwadi or living in bhiwadi.
As a result, Bhiwadi has attracted the attention of various reputed developers, primarily offering affordable housing projects, with only a scattering of luxury projects. The average size for 2Bhk apartments in Bhiwadi is starting Rs 21.74 Lakh, and the annualised appreciation to the tune of 5-10 per cent, which is consistent with the overall market dynamics of Bhiwadi-NCR.
Apart from rapid residential development, Bhiwadi is also witnessing growth in retail and office spaces. For instance, Bhagat Singh Colony, the prime residential area of Bhiwadi, is also turning into a retail and commercial nerve centre. V Square Mall,Krish Mall located on Bhiwadi-Alwar Highway, is a multiplex-cum-shopping mall. The mall-cum-office complexes of krish Square are upcoming developments on the retail real estate front.
Realising the potential of this corridor, the government is working towards improving the social and civic infrastructure. Bhiwadi infrastructure is improving rapidly, with various projects on the anvil. The proposed Bullet train and Metro connectivity will further enhance its real estate investment attractiveness quotient. As a result, Bhiwadi is firmly on property investors’ radar.