2.5 km from NH-8
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Located in Rajasthan's Alwar district, Bhiwadi is a small industrial town taking large strides. It is an industrial hub housing various large scale and small-scale industries like steel, furnace, cables, electronics, printing and many more. Bhiwadi's strategic location has led to its development and it is playing a pivotal role in contributing to the state's economic development. World renowned companies like Pepsi, Baush & Lomb, Gillette, Mahindra and many more have set their base in this upcoming town.
Bhiwadi is known to provide value for money to its investors. Middle class citizens are benefitting immensely from the newly constructed apartments in this tier-II city. This modest town is close to Delhi and Gurgaon, and falls under the National Capital Region (NCR). This proximity has catapulted the region towards becoming a desirable real estate destination.
Bhiwadi's prime advantage is its connectivity with Delhi, Gurgaon and other adjoining areas. It is 55 km away from Delhi's airport and 40 km away from Gurgaon. The Delhi-Jaipur highway (NH-8) is at a distance of just 5 km. NH-8 also connects the town to Manesar, Bawal, Alwar and Neemrana.
Apart from connecting real estate hot spots, Bhiwadi also is located near the Delhi-Mumbai Industrial Corridor and Japanese Corridor Intersection. The town is poised to witness Bullet trains that will help the residents to commute to Delhi in just 45 minutes. With congestion-free roads and quick transportation to nearby areas, Bhiwadi offers seamless connectivity to its residents.
Rajasthan State Industrial Development & Investment Corporation (RIICO) is also supporting Bhiwadi by making major investments regarding infrastructure development.
International players belonging to the automobile and ancillaries, steel, and electronics sectors are expressing their desire to set foot in Bhiwadi. Master Plan of Greater Bhiwadi 2031 has considered Bhiwadi, Tapukara and Khushkera together known as Geater Bhiwadi Complex (GBC) as a prime location for development. This complex is slated to receive a major infrastructure boost in the form of roads, transportation, water and sewage facility, education institutions and much more.
Various industrial complexes are located in nearby localities like Manesar, Dharuhera, Chopanki and Bawal as well. Bhiwadi provides the people working in these commercial settings by providing residential facilities. The Master Plan states phased development of GBC and connecting industrial complexes with NH-8 for overall growth.
2500 companies from India have chosen GBC as their base.
Top realty players are constantly in pursuit of making land deals at Bhiwadi. The region's affordable prices, proper infrastructure, great connectivity and a profitable future make it a real estate haven. Since Gurgaon's prices have skyrocketed in the recent past, real estate developers are looking at Bhiwadi as its replacement.
The industrial town offers realty players the opportunity to construct a township, which is merely 45 minutes away from Gurgaon. All this, by incurring half the cost they would have incurred at Gurgaon. This cost advantage is also transferred to the final consumer, as houses are offered at an affordable rate. Residential properties at Bhiwadi are targeted towards the staff, middle and top-level management working in the industrial sectors. There has been a meteoric rise in the population of Bhiwadi in the recent past and it is speculated to grow in the future as well.
Bhiwadi's strategic location and calm surroundings are bound to attract investors from neighboring a reas. The town is undergoing major transformation as far as real estate is concerned. Most of the ongoing projects will be completed in the next two years. Those on the lookout for residential or commercial property must not lose this opportunity. Bhiwadi will provide huge returns on investment in terms of capital appreciation and escalating rental value.
NCR 2021, states that GBC will witness 128 housing sectors and feature schools, dispensaries, commercial complexes, park, stadiums and community centre.