Monday 22 June 2015

Gurgaon vs Bhiwadi : Where is the future for real estate ?

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Bhiwadi, in Rajasthan's Alwar District is the growing Industrial hub near Delhi and NCR region. Due to its proximity with the capital city and relative cost effective plots, it is a hot destination for real estate projects and for people, who are hunting for lower priced properties.
A number of industries have set up shops in the region near Bhiwadi such as Neemrana, Dharuhera, Tapukhera, Khushkhera, Chopanki and Bawal. It is located 55 km from Delhi's Indira Gandhi International Airport, 200 km from the state capital Jaipur, 90 km from Alwar, 40 km from Gurgaon, 60 km from Faridabad and 5 km from NH-8 (Delhi-Jaipur highway) on the Dharuhera-Sohna Road.
A number of industries such as steel, furnace, electronics, engineering, textiles, pharmaceuticals, printing, cables, rolling mills, food processing, herbal care is sprouting up in the city. Good connectivity and upcoming industrial project makes Bhiwadi the future.Although, a lot of possibilities are noticed in Bhiwadi when compared to Gurgaon, it would still take a lot of time to catch up. Although a number of industries are coming in the area, connectivity is Delhi Ncr is Direct.
In the next 5-7 years, Bhiwadi would be in league with Gurgaon. Presently the scale of industrialisation in Gurgaon is very high, however, Bhiwadi is yet to catch up with the growth process. People like to live in an area where they work and for now Gurgaon is that place but Bhiwadi is not far behind.

Bhiwadi Vs New Gurgaon
Krish Group, Commercial Mall and Residential flats  Developer in bhiwadi, while giving his expert analysis on the real estate scenario between Bhiwadi and Gurgaon. Krish Group develop 8 Residentials Projects in bhiwadi among 3 of them completed and people are living (Krish Vatika Phase I,Krish Vatika Phase II,Krish City Phase I) and 5 Residential projects (Krish Aura,Krish Icon,Krish City Heights,Krish Harmony,Krish City Phase II). Krish Group Having 2 commercial Projects  (Krish Square, Krish Mall). According to Krish Group demand of residential flats and apartment required is Increasing 25% increase as compare to previous 6 month. Among 1000 flats in residentials apartment in projects 60% are booking from Gurgaon and Delhi. 

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