Real estate business is at hike in present scenario. Government’s policies, bank credits, and the smart city project is projecting all the right signs for real estate investors to take their business forward. And so, the investors are in the pursuit of feasible options to flag their business at and provide reasonable choices to prospective buyers. One such feasible option is Bhiwadi, a small town in Rajasthan located in close proximity to IT hub, Gurgaon. Presently, it is the fastest growing region for real estate developers and so flats in Bhiwadi for sale are plenty in number.
Reasons That Make Bhiwadi A Safe and Profitable Choice for Investment
There are a number of factors that make a town ideal for buying properties in, such as location, population density, current appreciation, return rate and so on. And luckily, the home seekers can find all of these positive prospects in the 5000 (approx.) acres town, called Bhiwadi.
Some noteworthy factors that make Bhiwadi ideal for property investment are:
Bhiwadi is situated in Rajasthan, just 40 km from Gurgaon and 70 km from New Delhi. It is settled at the well-connected and properly maintained National Highway no. 8 and provides hassle free connectivity to nearby cities. Bhiwadi is also well connected to Manesar in Haryana, which was recently declared to be renovated as a smart city by government of India under the smart city mission.
Its location makes it ideal for business investors as well. As a matter of fact, Bhiwadi boasts of a number of small, large and medium-sized industries such as that of steel, printing, food processing, herbal products and so on.
2. Affordable Houses
Looking at prospective business, the city has seen immense investment in housing in the last decade. Infact, the pricing of houses in the city are marked to be lowest in the market. Presently one can find a range of houses in the town, from 15 lakhs to over a crore. All built with modern grace, the houses act as a great option in comparison to its costlier counterparts, such as the houses in Gurgaon and New Delhi.
The city is well connected to major cities. It falls under Delhi Mumbai Industrial Corridor (DMIC) – Rajasthan and is just perfect for investment in current state. The proposal of metro project and bullet train makes it favourable as well. It has connectivity of 8-lane road to Gurgaon on one hand and on the other to Jaipur, two well-known major cities of Haryana and Rajasthan respectively.
4. High Rate of Appreciation
In the last few years, the appreciation rate was a commendable 30-40% and is likely to increase to a praiseworthy 70%. This turns the ball in Bhiwadi’s court and makes it just perfect to buy a house in or to build an empire over here.
5. Projects and their Investment
Rajasthan Industrial Investment Corporation (RIICO) is investing a great lot of money in building amenities like shopping complexes, schools, water, and power, etc. On the other hand, NCRTC is all set to strengthen its transportation by planning out schemes in this regard.
In all, the city has a bright future in all aspects. While it has seen a commendable growth in the last decade, it is due to see more in the coming few years given the present promising situation. Already, the infrastructure of the town is well managed and admirable, providing all the comforts one seeks for while settling in a city. Thus, Flats in Bhiwadi for sale are a good pick for discerning home seekers and investors. The return rate too will make the investment a safe and profitable bet for future.