Bhiwadi Real Estate Seen As Fundamentally Strong
Bhiwadi is one of the best place where living in luxury flats is big thing and apartments are available on affordable price too.
By: PropertyWala Media Pvt. Ltd.
Bhiwadi also shares close proximity to another industrial town of Manesar. Manesar is close to Gurgaon and has become an investor's haven in the past few years. This has translated to areas in Bhiwadi too. When you compare to other areas in NCR prices of plots in Bhiwadi are stil very reasonable.
Residential real estate here is the key as there are many industries around and there are not enough residential projects to the growing demand for residential real estate in the region. The affordable housing projects and mid segment housing has garnered the maximum demand here. The income group addressed by the realtors here are also the ones who look for homes in affordable prices and smaller units to live it. Mostly this investment in centered on the fact the area is close to the industries which in the key employment centre in the region.
The enormous plus point of Bhiwadi, is the ease of connectivity. The location has drawn in a lot of industrial activity and provided space for a hike in real estate. Another asset of Bhiwadi is its impeccable water-supply system. In comparison to Gurgaon, the costs are very reasonable in Bhiwadi. It provide world class facilities at a much more cost effective price.
Bhiwadi holds tremendous development potential attributable to its cost effective prices, fine infrastructure and vicinity to Gurgaon and Delhi. Bhiwadi is a preferred location for real estate, economical and institutional development. It is deliberately situated on NH-8, and provide direct connectivity to Delhi, Gurgaon, Jaipur and other vital cities in the region.
The region has seen three-fold increment in its population as per census reports. Development of industries in this bustling town, and the good connectivity of the neighbouring states has made residents pick Bhiwadi as the most favorable place to reside not to overlook the greatly reasonable prices. There are more than 80 ongoing and upcoming ventures in Bhiwadi which in the following 3-5 years would include around 20,000 new residential units to the small scale-market. Another significant factor about living in Bhiwadi is that the water supply around this area is great.
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