Bhiwadi & Dharuhera, the next investment destination

Gurgaon real estate has drawn attention of millions of people, resulting into the growing property demand. With the ever increasing demand of property in the city there has been a rise in property prices too. Investors those want properties with limited budget or at low prices started looking for other options around Gurgaon. And they found also. These investors found new options Bhiwadi and Dharuhera. These industrial hubs are proving to be a lucrative investment option among investors and developers.

Bhiwadi:

Spread over around 5300 acres this area houses nearly 2800 different industrial units such as steel, electronics, automobile, printing, rolling mills, herbal care units and furnace etc. Located just a few kilometres away from industrial hub Manesar, this emerging region has drawn attention of developers, investors and end-users. Reasons of real estate growth in this area include:

Connectivity: one of the important facilities investors seek while investing in any real estate property is the connectivity. Bhiwadi gets full marks on this aspect. It is directly connected to Gurgaon and Manesar.

Availability of land at affordable prices: Developers can get lands at affordable prices, which minimize overall cost of a project. With that buyers also get properties at affordable prices. Investing in properties in Bhiwadi right now will generate tremendous returns in future. Investors who want properties in a budget of Rs. 18 to 40lakh can easily find good options.

Infrastructure: This is also an important requirement for a comfortable lifestyle. With proposed rapid metro, connectivity with National Highway and IMT Manesar Expressway, this well managed town offers comfortable living. This makes a perfect residential destination for working professionals doing jobs in Bhiwadi.

Developers including Namai, MVL, Terra City, Avalon, Cosmos, Omaxe, Krish and M2K have launched projects in Bhiwadi.

Dharuhera:

Perfectly located on National Highway No.8 (NH-8) and just at 40 minute drive away from Indira Gandhi International Airport (IGI) is an upcoming satellite city. Looking at the huge potential in this region, a large number of leading developers are getting attracted towards this region. Some of these builders include Bestech, Vipul Group, Raheja etc. This industrial hub makes a good option for both residential and commercial projects. With leading industries such as Hero Moto Corp. and Maruti Suzuki, this industrial hub also attracts investors from Rewari and Manesar.'

Home buyers who want an affordable residential property near Gurgaon can easily find suitable real estate property in Dharuhera. Existing property prices in this area vary around Rs. 2000 to 2400 per square foot, which is anticipated to grow in near future. If relied on experts views, there will be around 20-30% growth in this area in next 4 to 5 years.

The proposed Bullet Train linking Alwar-Delhi-Panipat-Meerut from Dharuhera, NH-8 and IMT Maneasar Road will further improve connectivity. New projects launched here include Avalon Rangoli, Raheja Highway Arcade, Vipul Gardens, Aravali Heights and Bestech City etc.