Monday, March 31, 2014

Neemrana-Alwar, a growing sector in real estate market…



Neemrana is becoming a growing sector in real estate market. Hero MotoCorp, the world's largest two-wheeler maker by volumes, is set to start its fourth plant at Neemrana in Rajasthan. Neemrana is a well-known or growing place for industrial companies.
This place also ireases the strength of real estate market, here also many developers, makes their apartments for residential ornc commercial use.
So there is more possibilities of growing real estate market from many industries or residential apartments.
A Global City is slated for development in Shahjahanpur-Neemrana-Behror on 40,000 acres of land and will house 1 million people. The Global City would have cluster cities within – the Cyber City, Medicity, Knowledge City, Entertainment City, SEZ City, World Trade City, Bio-diversity Park, a Dry Port City and an airport facility. All the cluster cities would be self-contained with residential and commercial spaces. Apart from the Global City, RIICO is also putting up large industrial estates extending 2000 acres called Neemrana Phase III. The Rajasthan Government has approved 1,100 acres of land to RIICO for a large industrial estate which would also have a residential colony with educational, medical and recreational centres. An Export Promotion Industrial Park (EPIP) spread over 210 acres is another project where sPome plots have already been occupied by industries.

Here you can also find property as per your desire, through online property portals, and more options available on internet. Neemrana belongs from Alwar district, and alwar is nearby Delhi.
The industrial estates are drawing industry majors to set up their manufacturing facilities here. Liberty Whiteware is setting up a sanitaryware plant in Neemrana at an investment of Rs. 100 crore. Hero Honda, Pallavi Copper Pipes and AMD Metplast are also setting up their units, while facilities of Parle, Ginni, Prena Syntex, and Rochee Breweries are already operational. Three Japanese logistics companies are also likely to set up operations over 75 acres of land in Neemrana. Quipo, India's first infrastructure equipment bank will also invest Rs. 200 crore in a project to be completed by 2009. Japanese automobile giant Nissan may set up a manufacturing unit in Neemrana. The real estate market in Neemrana has been encouraged by the entry of these large corporates.
In fact the industrial environment that cuts across Delhi – Haryana and Rajasthan in the form of one of the biggest industrial corridors on both sides of NH -8 starts from Delhi through Gurgaon, Manesar, Bhiwadi, Dharuhera, Rewari, Bawal, Shahjahapur, Neemrana , Behror, Kotputli, Shahpura, Kukas & leading to Jaipur.
In upcoming time, Delhi metro also reaches to Neemrana, alwar, and it affects the alwar property sector. So this place is very growing sector in rajasthan.

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