If you talk to any real estate expert on favoured investment destinations in North India, Bhiwadi certainly makes it to the list. The town in Rajasthan has been developed as a prominent industrial hub close to Delhi-NCR and its affordable tag and infrastructure has made it a chosen destination among realty investors.
Bhiwadi’s industrial tag is set to get further boost with the government likely to select it as the location for the country’s first cargo airport. Experts feel Bhiwadi stands to gain if the decision becomes a reality with more investments coming in the industrial town, thus driving the real estate market there. “The cargo airport will tie in well with the upcoming Delhi-Mumbai Industrial Corridor and with the industrial towns of Bhiwadi and Neemrana and other initiatives around Manesar, a cargo airport on the important trade route of NH-8 will work well. The airport is likely to turn Bhiwadi into the hub of cargo and logistics parks,” Rohan Sharma, associate director – research & real estate intelligence service, JLL India said.
So, what is so attractive about Bhiwadi realty? Bhiwadi’s industrial town status, affordable price proximity to Delhi-NCR and more importantly to millennium city Gurgaon works well for investors. Bhiwadi is one of the rapidly growing industrial locations of Rajasthan and located at a prime spot, which makes it a favourable destination for the realty market. The region is an industrial base and has full-fledged real estate viability, with huge scope for future growth and development.
11/07/16 Navneeta Srivastava/Financial Express
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Bhiwadi’s industrial tag is set to get further boost with the government likely to select it as the location for the country’s first cargo airport. Experts feel Bhiwadi stands to gain if the decision becomes a reality with more investments coming in the industrial town, thus driving the real estate market there. “The cargo airport will tie in well with the upcoming Delhi-Mumbai Industrial Corridor and with the industrial towns of Bhiwadi and Neemrana and other initiatives around Manesar, a cargo airport on the important trade route of NH-8 will work well. The airport is likely to turn Bhiwadi into the hub of cargo and logistics parks,” Rohan Sharma, associate director – research & real estate intelligence service, JLL India said.
So, what is so attractive about Bhiwadi realty? Bhiwadi’s industrial town status, affordable price proximity to Delhi-NCR and more importantly to millennium city Gurgaon works well for investors. Bhiwadi is one of the rapidly growing industrial locations of Rajasthan and located at a prime spot, which makes it a favourable destination for the realty market. The region is an industrial base and has full-fledged real estate viability, with huge scope for future growth and development.
11/07/16 Navneeta Srivastava/Financial Express
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