Lifestyle

Bhiwadi property market: An overview

[ecis2016.org] Bhiwadi is a city situated in the Alwar district of Rajasthan. A part of the National Capital Region (NCR), this city is an industrial hub of Rajasthan

The industrial hub of Rajasthan, Bhiwadi is situated at a distance of 65 kilometres from New Delhi. It forms a part of the NCR and thus, enjoys proximity to areas of Jaipur which is 200 kilometres away, Alwar which is 90 kilometres away, Gurgaon which is 22 kilometres away and Faridabad which is 60 kilometres away.

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The city is divided into a number of sectors, which have different property pricings owing to the demand and varying living conditions.

Connectivity with nearby Bhiwadi localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

  • Bhiwadi enjoys unimpeded connectivity to popular regions of Jaipur, Alwar, Kota and Bhilwara.
  • The area is served by the National Highway 8 (Delhi-Jaipur Highway).
  • The nearest railway station is the Rewari Junction railway station, which is situated at a distance of 26 kilometres from the locality.
  • The nearest airport is Indira Gandhi International Airport, which is 55 kilometers from the locality.
  • The area enjoys unimpeded connectivity to different parts of the NCR via Gurgaon-Sohna-Tauru-Dharuhera Road.

Employment hubs near Bhiwadi

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The locality is witnessing an increase in population the recent years, owing to its proximity to various commercial complexes in and near Bhiwadi, such as:

  • Balkrishna Industries
  • Eicher Motors
  • Honda Car India
  • Honda Motorcycle & Scooter India
  • Saint-Gobain Glass India Ltd
  • State Bank of India specialised SME branch
  • State Bank of Travancore branch
  • United Breweries

The DMIC (Delhi-Mumbai Industrial Corridor) project will impact both, the western and northern markets and offer immense job opportunities to Bhiwadi’s residents.

Schools in Bhiwadi and other social amenities

Bhiwadi provides its residents with all kinds of social amenities to live a happy and peaceful life. The various schools in Bhiwadi include Modern Public School, St Xavier’s School, Presidency – The International School, GD Goenka School Bhiwadi and Bhiwadi College of Polytechnic and many more.

The major health institutions in Bhiwadi include Star Hospital, Gopinath Hospital, Shakuntala Maternity & Nursing Home Private Limited and Balaji Multispeciality Hospital.

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Apart from these, it also provides recreational amenities and proximity to various banks and ATMs including Axis Bank, HDFC Bank, State Bank of Bikaner and Jaipur and Kotak Mahindra Bank.

Physical infrastructure in Bhiwadi

  • Rajasthan State Industrial Development & Investment Corporation Limited (RIICO) has started rapid development of the city.
  • Various housing projects and industrial hubs are also being set up in Bhiwadi.
  • Price appreciation in Bhiwadi – Around 2.2% in the last 2 years.
  • Current property rates in Bhiwadi – Rs 2,300 – Rs 3,500 per sq ft.

Reasons to invest in Bhiwadi

Bhiwadi has emerged as a very convenient neighbourhood considering the easy living conditions and many job opportunities that it provides its residents with. The rise in property prices and demand, make investing in Bhiwadi a lucrative option. The presence of commercial hubs in and around the locality, make Bhiwadi a preferred working as well as residential destination of the NCR.

Raison Engineers Lord Homes, Unicare Group Homes, Aryans The Habitat and VVA Townone Aspen Heights are among the best projects to invest in Bhiwadi.

Check properties in Bhiwadi

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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