This was the time when expansion was looking as the only option and extending towards the south and central Delhi. This was feasible as Rajasthan and Haryana were the prominent industrial region for North India. Since the last one decade, especially the millennium city Gurgaon has been growing by bounds and boundaries. The property prices in Gurgaon shot high and due to increasing industrial hub the area has now turned into an ever-expanding horizon.
Moving a little ahead on NH8, one of the developing region is Bhiwadi. This region has been rapidly growing and recognized as an investment zone since it's a part of NCR and the developing Delhi-Mumbai Industrial Corridor. Bhiwadi is taking over all the limelight as it is said to be one of the most happening destinations for developers and prospective buyers.
The city has the advantage of good location since it is just 40 minutes from Gurgaon and about an hour away from Indira Gandhi International Airport. Bhiwadi has come up as a beneficial and functional area for property buyers since the prices are high in Gurgaon. In the last few years there are a lot of developments that are taking place in Bhiwadi. The region has come up with some multiple group housing projects. Some of the residential projects have been delivered and many new as well as renowned buyers are moving into the city. NCR has definitely become a good investment opportunity for major developments and areas like Bhiwadi, Neemrana, Greater Noida West, and Greater Faridabad gained a lot of popularity. The prices of these regions are much competitive and the scope for development is much more. Surely, Bhiwadi is one of the rapidly growing industrial area of Rajasthan which has its close proximity to Delhi-NCR. The city definitely has an upper hand due to its superior location advantage. Due to all the developments that have taken place in Bhiwadi, people are moving towards this region and thus there is an increase in the population of the city that has been noticed.
Along with the connectivity to Delhi-NCR, buying a property in Bhiwadi is on the top list of buyers is due to the amenities, resources and better infrastructure that the city is providing. The city enjoys the benefit of consistent power and water supply. Bhiwadi is also expecting its very own airport complex. These reasons are making property in Bhiwadi to be recognized and it is emerging as a strong real estate region of NCR.
Soon it will be seen that Bhiwadi is developed with all the urban amenities and people rushing towards this region of NCR to buy properties. Currently, it is still feasible to buy property in Bhiwadi but in the near future the prices of residential and commercial properties might shoot up which would not be a good decision then.
Source : articlesbase.com
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