Why Alwar and Bhiwadi is the hotbed of Best Affordable Housing Projects in 2017?

Living in a home that you can call your own is the dream of every person nowadays. But, a major portion of the people living in Delhi and Gurgaon on rent are not able to afford to buy a home of their own. It is because of the reason that the houses in these locations have become quite costly. The prices of the property have rose here at considerable rates. Hence the people are looking for an opportunity to invest in a project that will provide them an affordable housing opportunity. To meet their needs, the nearby locations of Bhiwadi and Alwar is a good location to make an investment. There are a large number of affordable housing projects available in these areas which can turn out to be a wonderful location for your investment.

Here are some of the reasons that make it a wonderful housing project location for the year 2017.

Better and faster development projects taking place in the area:

There has been a lot of development projects taking place in these areas. These areas are to be connected by metros to Delhi. This in turn will help in the reduction of commuting time between the two cities. An airport is soon to be launched in Bhiwadi as well. This will help in the further development of the city and help it to connect with the rest of the world.

Better connectivity:

Both of these places are situated beside the National Highway. Its easy connectivity to the cities like Delhi, Gurgaon, Noida, Jaipur, etc. adds a strategic benefit and act as a driving force of the development. This will help in the overall development of the area.

Introduction of new companies in these areas:

With the lack of availability of space in the areas of Gurgaon and Delhi has caused many new organizations to shift their focus to the areas of Alwar and Bhiwadi. Many existing organizations are also increasing their workforce here. This in turn has led to the development in the area which in turn will lead to the increase in the population.

Better chances of development:

The regions of Alwar and Bhiwadi are expected to develop in the years to come which will be comparable to the developments of Noida, Gurgaon and Faridabad. Many commercial and residential projects are undertaken in these areas which is quite rapid.

Investing in new property in Bhiwadi! Go through this checklist before doing so

After the demonetisation, the property rates have reduced considerably and has become buyer friendly. This in turn has raised a lot of interest amongst the people as the houses are available at quite affordable rates. A large number of real estate developers in Bhiwadi has reduced the rates considerably. It is due to these reasons that a huge majority of people are eyeing the property market to get their share of the pie. Hence there is a better opportunity for the people from all the sections of the society to buy a new home.

Before you buy a property, one needs to ponder over this properly and look for certain important things before proceeding. Some of the things that is necessary before you make the property buying decisions are mentioned below. Go through these to make sure that you get the best house without any hassles within your budget.

Check the documents:

The documents of the property form the most essential part of the deal. Hence it is necessary to look for the documents and check its authenticity and verify it. Also check if there is any dispute or any legal cases over the land. These turn out to be quite harmful in the long run and result in the waste of time and money in the future. Apart from that one must also checked for the approval of building plans, allotment letter, sale agreement, NOC, environment clearances, commencement certificate, conversion certificate, and completion certificate based on the status of the property developed. Only after being satisfied one should invest in the property.

Find out about the seller of the property:

It is very necessary to have a proper information about the seller of the property and their past records. The property must be built only by the reputed builders and not from the inexperienced ones. Find out if the seller is able to meet the deadlines and provide the services as promised. Generating a goodwill is very much important and helpful. In case of any adverse news in the media about the builder, it is not a good option to invest in such property. Even after the possession, you need to ask about some of the other documents as well like sale deed, possession certificate, society incorporation certificate. R-Tech group is a leading developer with experience over different projects and a considerable goodwill among its clients. With a number of residential projects in Bhiwadi,  It is soon developing to be the leading real estate developers in Bhiwadi.

Location of the property:

The location of the property too matters a great deal. It is necessary to look for only those properties that have greater chances of development or must be already developed. Have a clear idea of its current scenario and the developments to take place in future. Having a property in a developing environment is quite essential and proves out to be a good investment. Apart from that, one must also look for its nearby locations if they are easily accessible or not. The property should be situated in such a location where the basic needs and requirements of a person of health, education, shopping and other day to day activities. Hence it must be situated at a close distance from such facilities. Bhiwadi is well connected to Gurgaon, Delhi, and Alwar. It is also a major industrial centre and has become a part of NCR and has seen massive developments over the years.

Infrastructure of the property:

The property’s infrastructure plays quite an important role. A property with a properly designed infrastructure provides the peace of mind. In this a person must look for the safety, security, facilities provided, and other such features. 

Have your Own Home in Mukhyamantri Awas Yojana Chikani

Owning a home is the dream of every person irrespective of their social and financial status. This right to own an adequate home has been a concern for the state government of Rajasthan and has thus launched Mukhyamantri Awas Yojana or Chief Minister Jan Awas Yojna. With an aim to provide affordable housing to people from economically weaker sections, these houses are provided at affordable prices. Lower Income Groups and urban poor. Within this plan the people from EWS and LIG can fulfill their dream of availing their own home.

R-Tech group was picked by the state government of Rajasthan to provide 4500 affordable homes in Chikani Alwar. The people from EWS or LIG can have their own homes under the mukhyamantri awas yojana chikani. It is expected to enhance the lifestyle of an Indian by providing a flat in a serene environment with all the basic necessities fulfilled. This has been made possible due to the 9 years of experience in the real estate industry and many successful projects. This in turn has led to the proper utilization of resources and minimizing the wastage. The reduction in the cost year after year has led it to providing affordable homes with superior construction quality. This cost control mechanism has led it to provide a luxurious home at the price of a flat with all the basic amenities.

Based on the options chosen different people from different classes will get different sized houses. The people from economically weaker sections (EWS) of society will get 1 BHK homes that will be spread over a size of 350 sq. ft. The people from the low income groups (LIG) will get a 2 BHK house spread over 550 sq. ft. Owning a house here is quite a simple process. The people from EWS have to pay a registration amount of Rs. 21,000 while the people from LIG group will have to make a payment of Rs. 31,000 as the registration amount. Then an installment of Rs.498 per day for EWS and Rs.772 per day for LIG is to be paid. After paying this amount for a period of 3 years, you own your home.

The houses provided under mukhyamantri awas yojana chikani is situated in a serene location with no disturbances with the outside world. It employs best space management techniques and meets your day to day needs. The superior quality of construction and resale value with quality focused construction and serene location makes it a desirable investment as soon as one comes across the same.

This project is situated at Green Park, Chikani, Alwar. It is situated right next to Radha Swami Satsang Bhawan. Even though it lies in the midst of Alwar town, it features a serene environment. This beautifully designed city with properly laid out plans is the result of visionary approach of the designers and architects. 

The government of Rajasthan is also set to provide infrastructure support to the project on a priority basis. The project under construction is proceeding as per the plan to deliver the houses in year 2018. Register quick for the 2nd phase of the project to book your project and make the dream of owning your dream home come true to life. The loans can also be availed at relatively lower interest rates as per the government guidelines. Now even the people with annual income below Rs. 6,00,000 can avail this opportunity and buy the homes of their own. Loans of upto Rs. 6 lakh can be availed at an interest rate of 6.5%. 

Why should you Invest in 3 BHK Apartments in Bhiwadi?

Owning a beautiful and spacious home is the dream of each person. Getting this in an amazing city with immense prospects at an amazingly low price is like a dream come true. With a sole aim to provide its customers with the best apartments at an amazingly low price, R Tech group has provided come up with a project titled Capital Greens. It provides you with the option to own 1 BHK, 2 BHK, and 3 BHK apartments in Bhiwadi based on your requirement and budget. Starting from an amazingly low price of Rs. 18.5 lakh onwards, it is an amazing opportunity to get this deal at throwaway prices before the prices skyrocket.

Bhiwadi is a rapidly growing city and its pace of growth is expected to increase manifold in the years to come. It is due to its strategic location and easy transport distance from the metropolitan cities like Delhi and Gurgaon. It can be quite easily reached since it is only at a distance of about 30 minutes to 45 minutes from Gurgaon and Delhi. It is also becoming a source of the investment by the businesses. This in turn will help in the gradual development of the area.

It is quite easy to reach Capital Greens from Gurgaon, Delhi, Alwar, and Bhiwadi and hence can prove out to be the project for the people from these locations. It is spread over an area of 10.25 acres. Just like Bhiwadi, this project too has its own strategic advantage. It is situated at a distance of 500 m from market and 1.5 km from Capital Mall. Being at a meagre distance of 2.5 km, it has 4 schools in its vicinity of 2 km. The project is rich in green cover and the most amazing part of this project is that the balcony of all the apartment open to the green zone.

Capital Greens by R Tech Group provides several basic amenities to its residents. Some of these are 24 hours water supply, 100% power backup, CCTV surveillance and manned gates. Apart from that it features beautiful spacious rooms and lobbies designed by the experts. It also contains some features for overall development of the body and mind of a person. These consist of swimming pools, splash pools, badminton court, jogging track, kids playground, and theme based garden with water features. Some other basic amenities like parking, shops, clubs, etc. are also provided. 1 BHK apartments in Bhiwadi has a size of 661 Sq.Ft. while a 2 BHK apartments in Bhiwadi has a size of 1037 Sq.Ft. and a 3 BHKapartments in Bhiwadi has a size of 1396 Sq.Ft. You can buy any of the apartment mentioned above based on your needs and budget. With any apartment mentioned above, you will be provided with a free home interior consultation and discounts on home furnishings.

With Capital Greens apartments in Bhiwadi, you will be provided with various advantages. You can remain in the vicinity of Delhi and Gurgaon, yet enjoy the pleasures of natural beauty. Apart from that you can also be a part of the growing and developing surroundings of Bhiwadi and bear witness to the same and make contributions to it. It will also turn out to be beneficial for your children as educational institutions are in the close vicinity. You can also enjoy the royal beauty of Alwar. Apart from that, you will also gain a chance to grow with the experience of the experts. This will help in your personal and professional growth as well. Grab this opportuinity soon before the time runs out. 

Positive Trends In Real Estate Development In Jaipur-2017

Jaipur is one city that has shown the strength to emerge out of the demonetization issues and rapidly bounce back into the real estate scenario. The city has high potential from an investor point of view. Due importance is being given to urban infrastructure in Jaipur city. This is a positive sign for those aiming to buy commercial property in Jaipur.

For a strong growth in the real estate sector, a dedicated governing body is a compulsory factor. The trend now showing in Jaipur is favorable as far as this factor is concerned. If you take a look at the current projects, timely completion, as well as complete information about projects under construction, is prompt and accurate. This is a plus point for buyers in Jaipur.

The commercial sector is rapidly advancing in areas like Tonk Road, Malviya Nagar as well as Ajmer Road. This will create numerous opportunities for real estate investment in the city. The residential and commercial real estate sector is witnessing a healthy growth which is likely to continue in 2017.

The well-planned layout of Jaipur is one of its best advantages that help in becoming a center of IT hubs and infrastructure. This is also what helps the city to spread its base in the real estate sector. There are infinite opportunities for all large corporate as well as private investors in this area.

In 2017, you can see further growth contributed by commercial space in Jaipur like:-

• An IT Park at Sitapur planned by  Rajasthan Industrial Corporation

• Infosys campus

• Wipro campus

• Projects by developers like Ansals, Omaxe, Parsvnath

The Jaipur-Ajmer expressway has proved to be a strong pillar in the growth of real estate business. The peripheral areas adjacent to this have developed and havebecome very popular among investors as well as buyers. Investors and end users have certainly made Jaipur one of the most vibrant destinations for real estate dealings in North India

Lots of mid-income as well luxury apartments are also springing up as a result of developer’s interest in the Ajmer Road expansion. You will be able to find projects offering all kinds of amenities in this region.

Many large land portions are also becoming more affordable here. The possibility of further development and growth is too good chance for buyers to lose. They are searching for reliable pieces of land for commercial as well as residential purposes.

A huge micro market is emerging around the Jaipur-Ajmer Road, taking the shape of schools, colleges, entertainment malls, hospitals, etc. There is an excellent chance of profitable returns on investment in the coming years too.

Jaipur is witnessing a positive change regarding real estate development and infrastructure growth. There is more transparency in the situation which brings numerous opportunities for buyers. Most of the initiatives taken up by the Government as well as private investors will gain momentum, and there will be a streamlined sector in real estate property in Jaipur by the end of 2017.

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.