{"id":8811,"date":"2023-10-17T16:08:57","date_gmt":"2023-10-17T16:08:57","guid":{"rendered":"https:\/\/www.ashianahousing.com\/real-estate-blog\/?p=8811"},"modified":"2023-10-17T16:08:57","modified_gmt":"2023-10-17T16:08:57","slug":"residential-projects-in-bhiwadi-explore-ashiana-tarang-new-phase","status":"publish","type":"post","link":"https:\/\/www.ashianahousing.com\/real-estate-blog\/residential-projects-in-bhiwadi-explore-ashiana-tarang-new-phase\/","title":{"rendered":"Residential Projects in Bhiwadi: Explore Ashiana Tarang’s New Phase"},"content":{"rendered":"

In recent years, Bhiwadi, India, has experienced a remarkable boom in its real estate sector. This upcoming town, strategically located between Delhi and Jaipur, has transformed into a bustling urban center, attracting various domestic investors. The booming real estate market in Bhiwadi can be attributed to its proximity to the National Capital Region (NCR) and the Delhi-Mumbai Industrial Corridor (DMIC). Investors are flocking to Bhiwadi due to its affordable property prices, making it an attractive destination for those seeking lucrative opportunities in real estate. With a surge in commercial and residential projects in bhiwadi, the town is actively inviting buyers and investors alike, shaping its skyline and economy rapidly.<\/span><\/p>\n

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Real Estate Market in India<\/b><\/h2>\n

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Besides the agricultural sector, the real estate industry is India’s second-largest source of employment. The real estate market in India is projected to expand from Rs. 12,000 crore (US$ 1.72 billion) in 2019 to Rs. 65,000 crore (US$ 9.30 billion) by 2040. Furthermore, it is expected that the real estate sector in India will attain a market size of US$ 1 trillion by 2030, a substantial increase from the US$ 200 billion recorded in 2021. This growth is anticipated to result in the real estate sector contributing 13% to India’s GDP by 2025. Alongside this, there is significant growth in retail, hospitality, and commercial real estate, which are essential for accommodating India’s expanding requirements for infrastructure.<\/span><\/p>\n

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The residential property sector in India enjoyed remarkable growth during the fiscal year 2023, with total house sales reaching an unprecedented Rs. 3.47 lakh crore (US$ 42 billion). This was a significant 48% rise year over year. Furthermore, the number of sales showed a strong trend, with a 36% increase, culminating in 379,095 units sold.<\/span><\/p>\n

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Source-IBEF (reference<\/a>)<\/span><\/p>\n

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Real Estate Market in Bhiwadi<\/b><\/a><\/h2>\n

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Bhiwadi is a city located in the Indian state of Rajasthan. Its fast industrial and infrastructure development has increased demand for residential and commercial properties. Because of its closeness to the National Capital Region (NCR) and its role as a rising industrial center, it has attracted investors and homebuyers. The presence of industrial zones and manufacturing units has resulted in an increase in housing demand among the working population. Due to its accessibility, many individuals working in adjacent industrial regions choose accommodation in Bhiwadi.<\/span><\/p>\n

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Residential Projects in Bhiwadi<\/b><\/h2>\n

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