Neemrana, an ancient historical town situated in the Rajasthan’s Alwar district is fast emerging as a prime real estate destination in the state. In its earlier days, the locality is highly known as a hilltop picturesque tourist spot on the Delhi-Jaipur Highway but over the years it has transformed as the educational and industrial hub of the state with good connectivity of Delhi and NCR. The presence of the location on the futuristic Delhi Mumbai Industrial Corridor (DMIC) has arguably aided in upbringing of Neemrana’s real estate market.Neemrana’s rapidly growing social and physical infrastructure has worked in favor of the real estate market of the region with forthcoming educational premium institutes like NIIT, School of aeronautics, SMEC. The industrial growth of the city has also helped region to make its mark on the industrial map of the state and National Capital Region. The presence of strong economic drivers has directly reflected on the real estate market of the region attracting number of prominent realtors to the locality with immense scope of lucrative benefits.Industrial and residential market of the region is developing at a rapid speed, and numerous developments can be seen in every part of the location. The affordable residential price appreciation in the locality will prove to be a better option for professionals working in the industrial zone of the region.Real Estate ScenarioThe region has been transformed into an educational hub with about 38 different sanctioned renowned universities. It is also a part of one of the India’s most vital infrastructural developments in the country, the Delhi Mumbai Industrial Corridor which will connect two most important industrial metro cities of country forming a 1483 Km corridor. These two major developments have immensely aided the rapid growth of Neemrana real estate, which currently offers a wide range of properties including villas, affordable housing units, flats, apartments and bungalows. The skyline of Neemrana widely includes huge mixture of development like ultra-modern township, corporate houses, commercial zones and IT hubs which is why the residential and commercial real estate market has observed uncontrolled growth.Rajasthan government has promoted this satellite town as an industrial and Rajasthan State Industrial Development and Investment Corporation (RIICO) has been substantially involved in the overall real estate growth of the town. The town is situated at the centre of the Delhi and Jaipur cities, and it will be a strategic location for many industrial companies. RIICO has allotted about 303 acres to 22 Japanese companies in the Neemrana region under the Memorandum of Understanding (MoU) signed with JETRO (Japan External Trade Organization). Lacking of residential development to meet the industrial growth in the town will surely help numerous developers to set up their residential developments in the region.With the current speed of the growth of the real estate in the Neemrana, the overall real estate market of the town has huge prospect in the future, but may suffer through imbalance between demand and supply as the demands for the properties will be increasing exponentially.Connectivity and InfrastructureExcellent connectivity of the region through NH8 and NHAI’s development of the 14 flyovers on the IMT Manesar to Neemrana will surely help numerous commuters to travel in less time than the usual. The Direct connectivity to the IGI Airport with Right lane highway will also act as a catalyst in the growth of the region. Through Alwar, the region will also be connected to the proposed metro project connecting Delhi, Gurgaon, Rewari and Alwar which will be developed in the future. The town is located in the south west part of the NCR on the NH8 which is the only part of the NCR which comes on the DMIC. The town also provides connectivity with prominent destinations, Delhi is situated at about 120 Km from Neemrana, Gurgaon is at 88 km and Bhiwadi is at 53km. The development of projects like Mass Rapid Transit System and Regional Rail Transport System are also proposed to connect Delhi and Alwar.A proposed cargo airport is also in the pipeline which will surely facilitate the industrial needs of cargo transportation, six lane dedicated road will also be developed connecting the Airport to Neemrana. The region is already establishing as an educational hub with many top-notch institutes adding an extra dimension to the real estate of Neemrana.The Rajasthan government’s 40000 acres development of ‘The Global city’ in Shahjahanpur-Neemrana-Behror area promises high-end living in the region with capacity to house about 1 million people.The region have many prominent active builders which are coming up with their residential projects, these builders include Ashiana Housing, Annapoorna, Eldeco, APTP group and Anantraj Group etc. The property rates in the town have increased by about 100 percent in the past year or two and they are further expected to escalate with the development in the region. займ на карту без отказов круглосуточновзять кредит онлайн