Future investment in Bhiwadi

Bhiwadi is modernizing fast and has all the lifestyle facilities of a city. The town is spread over nearly 5,300 acres, and houses around 2,700 big, medium and smallscale industries.They include industries like steel,furnace,electronics,engineering,textiles,pharmaceuticals,printing,cables,rolling mills,food processing , herbal care units etc.

Bhiwadi is located at the East End of Rajasthan in Tijara Tehsil of Alwar, District, just 55 km away from the Indira Gandhi International Airport, New Delhi, 200 km form Estate Capital Jaipur, 90 km from Alwar, 40 km from Gurgaon, 60 km from Faridabad and 5 km from NH-8 (Delhi-Jaipur highway) on the Dharuhera-Sohna Road.Being a small town, All major Government Offices like Post Office, Police Station, DIC, Fire Station, Electronic Telephone Exchange, Rajasthan Financial Corporation, RIICO, ESI Hospital, Govt. Referral Hospital, Central Excise Excise Deptt., Sub-Registrar Office, NSIC Office etc. There are various housing options available in RHB, UIT, Ashiana Housing Colonies, Konark's Oasis, Kajaria Greens, Bhaskar BDI, Piyush Group and other private housing colonies.

Bhiwadi is a typical Tier II city and gives value for money to the investors and the buyers alike. Newly-constructed apartments here are generating a lot of buzz, as they offer multiple options to the middle class people.When compared to other areas of the NCR, the prices in Bhiwadi are still reasonable. "As Bhiwadi is on the highway and its infrastructure is improving by leaps and bounds, it is emerging as a place for people who cannot afford homes in Delhi or Gurgaon . Although it is 70km from Delhi , it does not take too long to traverse either way owing to the excellent connectivity it has with the national capital," Sheesh Ram, the managing director of GenuineProperties, says.

"The big advantage of Bhiwadi, and for that matter places on or near NH-8 , is the ease of connectivity. The place has attracted a lot of industrial activity and provided scope for a boom in real estate. Another plus point of Bhiwadi is its flawless water-supply system . When compared to Gurgaon, the prices are very reasonable in Bhiwadi. It offers better facilities at a much more affordable price to the middleclass people compared to Gurgaon, Noida, Faridabad, etc.

Sheesh Ram says that Bhiwadi is leveraging on its locational advantage. Industrialists from Delhi, Punjab and other parts of India have set up base here. The Rajasthan Housing Board has been active in the industrial town. The area has all basic amenities like piped water, schools, transportation, hospitals, telecom networks, banks, etc. The major attraction of this area is Tapukara Industrial Area, which is located on the Bhiwadi-Alwar Road.

The road has the status of a national highway, called NH-71 B. Developers like Avalon , Nemai, Terra City, M2K, Cosmos, Essentia, Omaxe, Kajaria , and Krish have projects on Bhiwadi-Alwar Road, on both sides of the Tapukara Industrial Area For the Future Investment in Bhiwadi. The expansion of the Honda factory has seen an increase in its workforce from 1,000 employees to 7,000 employees, which has prompted developers to create more housing in this area.

The rapid industrial growth coupled with good connectivity has made this place very attractive to people interested in real estate. With affordable prices, well within the reach of the middle class, Bhiwadi will give good returns in the long term.