A Sneak Peak Into The Upcoming and Current Real Estate Projects in Bhiwadi for 2017

Bhiwadi is becoming the next important place of investment for the real estate developers. It is offering itself to be a safe destination for real estate development, compared to some other markets in India. Many places in North India are engaged in land acquisition issues which keep on the investors waiting.  This is not the case with Bhiwadi, so realestate developers in Bhiwadi have found out a place which will give a good return on their investment.

Some Statistics Revealed

The investors in Bhiwadi are receiving great returns compared to other real estate developers in rest of India. Those properties that were rated at Rs 1700 per sq ft in 2007,  they went up to Rs 2200 in 2012, and by this year it is already Rs 3100 sq ft.

Advantages

Bhiwadi’s property market has several advantages. Its strategic location supports the growth of various industries. The location has a good connectivity with the eight-lane road to Gurgaon on one side and Jaipur on the other. Low property rates, new infrastructure, low cost of living, less population and even lower pollution levels are some of the many reasons which prompt people to choose this place. It is also part of 2021 National Capital Region Plan, so more growth is expected in the coming years.

A Quick Glance

·         Bhiwadi is a safe area to invest as there is no land related controversies here.

·         As the ticket size is small, one can easily exit the market if situations are not favorable.

·         Since 2007, the appreciation has almost seen a 100% growth despite an overall slowdown in the real estate sector.

·         Property prices are still very low, in spite of huge demand.

Investments In Bhiwadi

Bhiwadi promises to be the next commercial hub after Gurgaon. As many as 27 developers till now, have invested in Bhiwadi. Rtech group is one of them. They are very prominent developers in Rajasthan who have come up with wonderful commercial projects in Rajasthan, earlier. Now, they have chosen Bhiwadi as their next investment area. R-Tech Capital Highstreet and R-Tech Capital Galleria are two of their highly prestigious commercial investments in this place. R-tech BDI Capital Greens is a highly anticipated residential property from them, which is still under construction.

Omaxe Limited has started working on setting up an Export Processing Zone whereas RIICO has developed 15 industrial areas which house 300 large and medium scale manufacturing units. Uppal Group is also investing in two SEZs. For shopping, Parsvnath and Ashiana have invested in two shopping malls ranging from 2800-5500 square feet in area.

Bhiwadi’ proximity to Delhi and Gurgaon has been responsible for its commercial growth. Ashiana Housing and Parsvnath, on the other hand, are investing in residential real estateprojects in Bhiwadi. Ashiana Housing has completed 1300 units on six different projects. MTech Developers, Camellia Garden Estate and Piyush Group and Reliance are also not far behind. Various under construction projects make Bhiwadi boast of its growing real estate sector.

Buying the Right Commercial Property in Neemrana

Neemrana is famous for its history. It has been so for a long time. However, recently this town in Rajasthan has woken up to the commercial aspect as well. Now, you will find countless commercial properties for sale in Neemrana. When it comes to buying commercial property, the most important question that arises is – what to look for. How do you choose the right space from countless commercial Projects in Neemrana?

Location to Consider

It is not only about Neemrana. You would have to consider the location of the commercial property anywhere in the world. First, you need to look around and then only you would have to seal the deal. However, what should you look for when it comes to buying a commercial property? It would be wise to invest in property that is identified as commercial property all ready. Residential properties have their own disadvantages.

To buy the right commercial space, you need to first consider whether the area is safe for the workers to come and go. You would also have to consider whether there are proper transport options available or not. Availability of food is another important fact which you need to consider.

Understand Commercial Properties

Commercial properties are not only office spaces or shops. This many don’t understand. To buy the right commercial property, you need to first understand what commercial property is. So, what do you want to build – shopping mall, factory or PR firm? Depending on this need, you should do your research and buy the property.

Assess the Investment

The success in business depends on analyzing the benefits. Before you buy the property, you need to assess the resale value. You never know when you might have to sell the property. It would be a wise idea to get in touch with a real estate developer Neemrana, to evaluate what would the value of your property. The real estate developers due their years of experience can predict the future of an area which you might not be able to do.

Assess the Risks

You need to understand that some risks would forever be involved in every aspect of life. No matter what you do, you would be risking something. However, it would be wise to analyze the risk of buying a commercial property at the beginning. This would prevent any trouble in the future. This risk assessment is not a layman’s job. You need to do it with the help of a professional.

Analyze Investment Strategy

You see, everything is about strategy. When you are buying a property, you would have to stick to a strategy only. You would have to have a strategy which would offer proper investment option. If case you are buying the property to make a profit from the sale off, you would have to wait for a long time. This is not a small term investment scheme which would yield money quickly.

Expected ROI

This is a major consideration. You need to consider how much return you would get from your investment. Usually, people look for anywhere between 10% and 11%. You might expect more if you strategize the investment well. The rental you get from the property can be able to determine the price.

You need to understand that the real estateprojects in Neemrana are booming. You would have to play it right to get the best deal. However, it is important to get in touch with the professionals if you really want to make a profit from your investment.

Digital Transformation: A Necessity for Commercial Real Estate in Rajasthan

India is a fast growing nation and there is no stop to its growth. With fast pace in business development, growth in each and every sector in India is inevitable. Real Estate is one such sector, which is bound to witness a huge growth in the coming years with promising youth population and perceptive government initiatives. Bangalore, Ahmadabad, Rajasthan, Delhi are some of the states in which commercial, as well as residential real estate, is thriving. Here, in this article, we will concentrate on commercial real estate in Rajasthan, with its flourishing real estate builders in Bhiwadi, Kota etc. taking notice amongst the most flourishing cities in terms of real estate investments in India!

Why Digital Transformation in indispensable for Commercial Real Estate in Rajasthan?

1.    Quick & Easy Selling

Digital transformation will allow the realtors and agents to streamline deals. It will ensure quick and easy selling of properties as one will be able to pre-search the location, enquire about a property and get other minute details of all prospective properties which aren’t possible on foot! Further, it will save time for both, the consumer and the seller.

2.    Brings Transparency in Deals

Digitalisation will not only make the process friendly and easy but transparent too. One can determine the flow of money in the chain. It also allows for proper market research of the company and its reputation in the market.

3.    Allows Proper Property Research and Builds Trust

If your company wants to see growth in future, then building trust amongst consumers is a must. Going digital creates a reputation and builds trust in the end-users as well as your business partners and dealers.

4.    Increases Reach and Marketing

Gone are the days of marketing via huge hoardings and pamphlets. Now people prefer the internet for searching. Further, digital platforms hold much more power in word of mouth for image building and marketing than print and television does. Exploit this medium to increase your reach and marketing.

5.    Goes Hand in Hand with Government Initiatives like Digital India & Smart City Mission

Digital transformation of commercial real estate will act as a support to government’s efforts in development sectors like Digital India initiative and smart city mission. So many cities in Rajasthan are being developed and people are migrating for work as well as for studies here; digital transformation will only boost the process!

6.    Caters to Massive Youth Population of Current Scenario

Soon India will have seventy percent youth population, which will obviously be tech savvy just like present scenario. To cater to this population and enhance real estate market in the largest state of India, Rajasthan, digital transformation is crucial.

7.    Will Mark Rajasthan as a Prominent State on the Real Estate Map

Whole of India is going digital and so are the real estate companies. To create a brand image, one has to step up with the changing market trends and evolve.

Rajasthan is gaining prominence in the eyes of real estate investors with its cities like Bhiwadi and Kota posing great opportunities for investment. While there are great many real estate builders in Bhiwadi, Kota, Jaipur and other such growing real estate markets in Rajasthan, the need for digital transformation is essential for complete progress.