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Some people buy a flat so that they have a secure place to live in while some buy for investment. A house becomes an investment in more than one way. First the property rates are always on a rise so when you buy a piece of property today, its value keeps going up and when you sell it, you definitely make a profit. Also to buy a property, you take a home loan. This is exempted from tax so that also adds to your advantage. Investing in one of the many 2bhk flats in Bhiwadi is considered good by property experts from an investment point of view.

Factors to be considered while buying a house

Whether you want to buy for living in it or for investment purpose, you always have to keep in mind some factors like:

1.     Location of the property is the most important criteria. It has a large impact on how the value of the property changes after a period of time. If you want to buy the house for your own self, do check its access from the main roads, presence of basic amenities like medical facilities, vendors and grocers for daily needs, link with the transport hub etc. Apart from this, other facilities like school, shopping complex, sports complex, workplace etc should also be in the vicinity or easily accessible.

2.     The size of the house that you buy depends on your personal requirements. However, sometimes, you can buy a smaller house in a society with more facilities or you could buy a bigger house in a not so up market society - it is a purely personal choice. Always make sure that it is best for the family and fits your budget.

3.     Look around and visit a couple of properties before finalizing. This will help you select the best alternative and you will be able to get the most value for your money.

4.     When looking in a building under construction, always look at the model flat to get an idea of the final finishes and look. It will also help you understand room sizes better. Look at the common spaces - they contribute in a big way to the pleasure of living in a society

The soaring property rates in the national capital have sent people looking for alternatives in places like Gurgaon, Faridabad, Noida for quite some time now. However, of late even these areas have reached their saturation and the property rates have peaked. Bhiwadi, which is a small town on the Haryana Rajasthan border is slowly becoming a lucrative alternative. There is a lot of development happening in this area and many builders and constructing 1bhk flats in Bhiwadi.

Advantage Bhiwadi

As a township, Bhiwadi offers many advantages and that is why people are getting attracted to it. Lets have a look at some of them:

1. It is located on the NH8,  highway that connects Delhi with Jaipur so access from both the major places is taken care of. In fact the road is so good that you can reach Bhiwadi in about 45 minutes from Delhi International airport. Hence it is well connected.

2. It is still a small place so it gives you the charm of leading life at your own pace unlike the fast moving pace in Delhi and Gurgaon.

3. There are abundant open areas and green spaces that are required in a healthy place and therefore ideal for those with small school going children.

4. The town is beign developed after a lot of thought so all the amenities are provided for in the infrastructure. This includes schools, hospitals, shopping complex, stadium, gardens and play area etc.

5. There are around 2500 small medium and large industries around the area and this takes care of employment for most of the people. It is an ideal situation that affords work and home in a small radius.

6. The best part is that the prices are still less as compared to the nearby Gurgaon and Delhi and hence is affordable.

Investing in real estate in Bhiwadi

Bhiwadi is a small town in Alwar that is being sold as the gateway to Rajasthan and an alternative to Gurgaon. As of today, Gurgaon is synonymous with corporate office and the real estate too has grown in the area at a fast pace. When you look for a place to live, some of the points that influence your decision are

-  There should be ample of open spaces and greenery around so your children can grow in a healthy place.

- All the amenities should be available nearby and it should be well connected

- The most important point is that the place should fit in your budget.

Considering all these points, the place that comes to mind is Bhiwadi. It is still in the growing phase and fulfills all the criterion that you might have regarding a place where you would want to buy a house. Therefore purchasing real estate in Bhiwadi is a viable option.

Settling in Bhiwadi

Bhiwadi plays a major role in the economic growth of the state of Rajasthan. This is thanks to about 2500 industries -  small, medium and large that are located in the area. It offers job opportunities for people along with the incentive of settling down in the vicinity. There is a possibility that in the coming years, Bhiwadi will be as flourishing a township as Gurgaon is today. Located on NH 8, the town is well connected with Delhi, Gurgaon and Jaipur. The kind of push that the government is giving to infrastructure development in the area is resulting in a number of real estate developer in Bhiwadi. They see the opportunity the town offers for growth and since the prices are still much less compared to nearby areas, it is a win win situation for all.

Investing in real estate

Everyone needs a roof over the head. To have a house of your own is on everyone's agenda but not everyone is able to buy one. Your decision on a particular kind of house is based on many parameters like connectivity to place of work, distance from school, presence of a hospital or shopping mall, etc.  Often when you find a property that meets all the criteria, you realize that it is beyond your budget. And in many cases the dream of buying an own house remains a dream. However, if instead of looking for a house in the city centre, you move to the suburbs, chances of getting a place that fits your budget increase.

Bhiwadi as an option

Bhiwadi is in Alwar, Rajasthan and is located 22km from Gurgaon. National Highway 8 that connects Delhi with Jaipur is the way to access the city. It is fast developing as an alternative to Gurgaon and offers all the modern amenities and infrastructure possible. The town boasts of shopping malls, education institutions, movie halls, hospitals etc. The township is spread over 5300 acres with many medium and small scale industries that it supports. When you question if you should buy 2bhk flats in Bhiwadi,  the answer is yes. The town offers affordable housing solutions. So for the same budget you can buy a bigger house in Bhiwadi than in Gurgaon or in Delhi. The road connecting the town with Delhi is excellent and you can cover a distance in about 45 minutes.

Buying a property in Bhiwadi

Buying a house to live in is a big decision. There are so many parameters to consider that the whole affair tends to become stressful. Especially if it is your first time, you might feel the set back with the sky rocketing cost of the property. They might actually deter you and force you to change your decision. 

For instance, In Delhi and in Gurgaon, the property costs are sky high and it is next to impossible for the common man to buy a decent place. This is why both developers and builders and shifting to the outskirts. One such place that is fast growing is Bhiwadi. 1bhk flats in Bhiwadi are still available at a much more affordable price than they are available in Delhi or in Gurgaon.

Why buy in Bhiwadi?

Bhiwadi used to be a lesser known name atleast as far as a developed town is concerned. However, in the last couple of years, the town has seen a boom both in the real estate and the related infrastructure. The advantage that this town offers is that it is located on the Delhi Jaipur Highway and this makes it easily accessible. It is about 55km from the International Airport in Delhi which translates to 45 minutes of travel time courtesy good roads. With both Delhi and Gurgaon fast reaching their saturation as far as real estate is concerned, a lot of developers are investing in Bhiwadi. The town is not yet busting with people, pollution levels are low and there is ample open space. Government is focusing on infrastructure growth so road network, hospitals, schools, malls etc are being planned. In short, it is the perfect place to settle down.

Tips for the first time buyer

Real estate ranks top among the priorities when it comes to investment plans. While it is one of the safest investment options, it is not without risks. Hence, it is important to make prudent decisions and wise choices when it comes to buying property. Bhiwadi, in recent times has gained very good reputation among real estate investors due to the increased potential of high returns on the investments. This is owed primarily to the fast growth in real estate in the area with several world class budget and luxury projects coming up and the enhancement in lifestyle facilities in the town.

Bhiwadi, a part of the Delhi-Mumbai industrial corridor, is located at just 40 kilometers from the millennium city Gurgaon and has close proximity to Delhi city and the industrial hub Manesar and is also accessible easily from north western India situated as it is in the Alwar district of Rajasthan. Bhiwadi is a town primarily driven by its rapid growth in small, medium and big industries encompassing steel, furnace, pharmaceuticals, printing, textiles and much more. The soaring prices in the city led to big companies setting up their plant in this town. The erstwhile image of being just an industrial town began changing for Bhiwadi when workers in the industries began looking for a place close to their work to settle down thus giving rise to the boom in real estate in Bhiwadi.

Bhiwadi has emerged as most promising property in National Capital Region (NCR). With rising population, Gurgaon has reached its saturation point and the prices there is touching skies. That’s why people are moving from there to nearby places where they can live peacefully and is equally developed as Gurgaon and Delhi.

Bhiwadi have a huge potential and within few years we will see many new industries coming up because of its affordable price, infrastructure and proximity to Gurgaon and Delhi. This place is the new hotspot for real estates and industrial developments. Companies like Pepsi, Hero Honda, Bausch & Lomb, ray ban have already invested crores in this place and side by side many new residential projects are also running in Bhiwadi.

This place is on a fast pace of modernisation, it is spread over 5300 acres of land. With good number of industries coming up and its connectivity with NCR, people are buying 2 bhk flats in Bhiwadi. Many buyers invest here also because they can earn rental income from this flat. There is huge demand for homes, people working in this industries look out for nearby homes. And investing in property will help them to earn in future also, at the time of re-sell!

Bhiwadi is still seeing its development phase, that is the reason why the residential projects in Bhiwadi are priced low. This city has a target to make it as developed as other regions of NCR, That’s why it is said that if you want to invest, you should invest here. There is wide range of property available, 2 Bhk flats in bhiwadi will start from 15 lacs and at this price you can avail all luxurious facilities!

Already there are 80 ongoing projects and many more on upcoming stage; they have also claimed that in nest 3 years there will be 20000 new residential units to this place. So, we can say that this new place is going to be the next best hub in NCR!