Bhiwadi a place which is now hub to major industries and where big giants like HONDA SIEL CARS, SAINT GOBAIN, UJALA PUMPS, SONALIKA TRACTORS, MARUTI CAPARO, BAUSCH & LOMB, GILLETTE & RELAXO are spreading their wings in a big way. Since this area has been declared as a Special Economic zone, the demand is more than the supply and is a safe place to live and invest.
From a small nondescript rural settlement with a small population of 1624 persons in 1971, Bhiwadi gradual transformation into one of India’s largest industrial hubs has opened up a huge residential demand. A flourishing property market on both sides of the Bhiwadi-Alwar Bypass Roadbears testament to the fact that Bhiwadi is emerging in a bolder and bigger avatar in the region.
Real estate experts say that residential demand is up by 400% in the last five years with future projections getting stronger because of infrastructural development projects, prominent among them being the proposed regional rapid transit system from Delhi to Alwar.
The place which is the biggest hub of construction activity at the moment is the first 20-km stretch of the Bhiwadi-Alwar Bypass Road,which is just 5 km from National Highway 8. Developers who have started their group housing projects and townships are Ashiana, Avalon, BDI, Innovative Colonizer, Cosmos, Kajaria Infra, Konark, Krish Infra, MVL, R-Tech, Nimai, Star Realcon, Tera Elegance, Ashadeep etc.
“Group housing projects in which possession has been offered are Ashiana Angan, Ashiana Bagicha, Ashiana Green, Ashiana Garden, Ashiana Village, BDI Sunshine City, Avalon Garden, Krish Vatika, Kajaria Greens, Trehan Hill View Garden etc.
Realtors and experts lay major emphasis on the future development plans in the Master Plan 2031 of Bhiwadi which has proposed a Greater Bhiwadi Complex spread over both sides of the Bhiwadi Alwar road.
According to the Master Plan 2031, the Greater Bhiwadi Complex (Bhiwadi-Tapukara-Khushkhera Complex), which is one of the priority towns identified in the Regional Plan-2021 of the National Capital Region and is located at the eastern boundary of Rajasthan in the north eastern part of Alwar district, comprises of 99 revenue villages covering about 250 sq km.
The plan envisages that the residential use area is planned in the form of sectors with an average size of 60 hectare. A total of about 120 residential sectors have been planned. Besides, 45 sectors are kept under high-density mixed use where, along with residential, commercial and institutional use shall also be permitted both vertically and horizontally as per the requirement. It is stated in the plan that “Provision has been made to accommodate 15 lakh population by the year 2031. Out of total 120 residential sectors, six are of low density, 98 are of medium density and 12 are of high density.”
The formation of National Capital Region Transport Corporation (NCRTC) to develop the regional rapid transit system (RRTS) from Delhi to Alwar is a major development