Bhiwandi, a Tier II city in Rajasthan, is the new hot property of the investors and the end users. The small desert town is gearing up to tackle the huge amount of affordable housing projects, coming from the employed work force near by.
This small desert city, one of the industrial destinations, has successfully converted itself to an affordable-housing destination in the region. The area will be completely changed in next three to four years. It can be seen as the next boom town of the NCR.
The small city is playing a pivotal role in the development of Rajasthan. It has 2,600 various industries including some MNCs, manufacturing various products. The city has witnessed a pollution growth of 1,40,990 from 33,990. The main reason being the industrial units starting and now it is converting to a large residential development in last few years.
The residential property in the desert city is available in Rs 2,600-3,300 per sq ft. As the township is on the NH-8, it helped the city to grow same as Gurgaon developed due to the National Highway.
The major realty players here are Ashiyana Housing, Avlon, VBHC, Kajaria, Omaxe, etc. Ashiyana Housing has already delivered more than six projects, like, Ashiyana Aangan, Ashiyana Rangoli, Ashiyana Utsav, and much more.
The fast infra development and the startigic location of the city have attracted many industries, creating a lot of employment opportunities and the predictable housing demands.
The new Dharuhera-Bhiwadi by-pass road has made communication far easier from Delhi, Gurgaon, Jaipur and other cities. A new bullet train has been planned from Delhi to Neemrana which will cover the distance in 45 mins.
Anew airport is also proposed in Neemrana to develop the vicinity.
The 1,483km-long Delhi-Mumbai Industrial Corridor, and the relevant National Investment and Manufacturing Zone along it, has given a fresh push to the small town.
A large-scale population in Bhiwadi travels to work at several industrial units and corporate offices in the region, including Gurgaon and Manesar.