Neemrana Real Estate !!

NEEMRANA

Neemrana, an ancient town in the district of Alwar in Rajasthan has become one of the hottest destinations of investment in NCR. Around 130 kms from Delhi on the NH8, Neemrana is rightly placed to become one of the hottest destination in real estate development in the coming 5 years. It is an important industrial hub along with Bhiwadi and Baawal in close viscinity. 

Major Developments in Neemrana

1. Part of the Delhi Mumbai Industrial Corridor (DMIC)

2. Around 2000 acres of Japanese Zone.

3. DMRC has plans to connect Neemrana with New Delhi.

4. Major Industrial hub with already operational companies like Daikin,Honda-Siel Cars,Hero,Nissan,Havells, Electrolux to name a few.

5. Proposed Greenfield Airport in Neemrana.

Neemrana is well placed with connectivity through NH8. Major MNC's are planning to set up their manufacturing units in Neemrana, Baawal and Bhiwadi, which forms the 3rd largest industrial hub in India.

With such massive plans for Neemrana, the requirement for quality housing will boost up in these areas.

Real estate Investment in Neemrana :

The development path for Neemrana looks bright. The Developments which have come and are yet to come is tremendous. With various MNC's planning to set up their manufacturing units in Neemrana, the real estate requirement will surely see a northward movement. The major reason for development is the 2000 acre Japanese Zone which has given a new face to an ancient historical town. The rates of property is quite low in Neemrana as of today. So, It can turn out to be a great investment option in NCR.  

The NCR real estate has already seen a transformation in the real estate prices in Bhiwadi. The prices of apartments have seen a constant growth in the last 1 year in Bhiwadi. Similar trend is expected in Neemrana.

Rajasthan Govt. is equally aiding in the development of Bhiwadi, Neemrana, Behror and Shahjahanpur in the form of RIICO. A realty investment in Neemrana will see a return of 70-80% in the next 3-5 years.

Neemrana Real estate is a long term game and one should not expect returns if their horizon is in months.

Infact, if your horizon is in months, keep away from Real Estate investment as it might turn out to be a nightmare. 

Real estate players have started building group housings in Neemrana. Major Players include Eldeco , Ashiana and Avalon.

Thanks

Happy Investing !!!

Nirad K Singh