The demand for industrial land is constantly growing and Bhiwadi has emerged as a prime location for industrial development. Shankar Estate, a leading real estate company in Bhiwadi, is dedicated to helping businesses find the right industrial land to suit their needs. In this blog, we will explore various aspects of Industrial land in Bhiwadi, including the benefits of investing here, the land acquisition process, and the future prospects of this fast-growing industrial hub.
Why invest in industrial land in Bhiwadi?
Located in the Alwar district of Rajasthan, Bhiwadi has become a hotspot for industrial development. Its strategic location, excellent infrastructure, and favorable government policies make it an ideal location for industrial investment. Here are some of the key reasons why Bhiwadi is a great place to invest in industrial land:
- Strategic location: Bhiwadi is located just 55 kilometers from the national capital Delhi and is part of the National Capital Region (NCR). This proximity to major cities like Delhi and Gurgaon ensures easy access to markets, raw materials, and skilled workforce.
- Infrastructure development: Bhiwadi has excellent infrastructure, including well-maintained roads, reliable power supply, and efficient water management systems. Its connectivity has been further improved by the development of the Delhi-Mumbai Industrial Corridor (DMIC).
- Government incentives: The Rajasthan government offers a number of incentives for industrial development in Bhiwadi, including tax benefits, subsidies, and simplified land acquisition process. The presence of the Rajasthan State Industrial Development and Investment Corporation (RIICO) ensures smooth industrial operations.
- Affordable land rates: Compared to other industrial hubs in the NCR, land rates in Bhiwadi are relatively affordable. This cost advantage attracts a wide range of industries, from manufacturing to logistics.
How to invest in industrial land in Bhiwadi
Investing in industrial land in Bhiwadi involves several steps. Here is a detailed breakdown:
- Research and identify needs
Start by researching Bhiwadi’s industrial landscape. Identify the specific needs of your business, such as plot size, infrastructure requirements, and proximity to major transportation routes. - Explore industrial land options
Bhiwadi offers a variety of industrial land options to suit different business needs. Let’s take a look at some of the popular keywords and areas associated with industrial land in Bhiwadi:
RIICO Industrial Area, Bhiwadi Plots
The RIICO (Rajasthan State Industrial Development and Investment Corporation) Industrial Area in Bhiwadi is one of the most sought-after locations for industrial land. RIICO offers well-planned plots with all the necessary infrastructure and amenities. The plots are available in various sizes, making them suitable for small, medium and large-scale industries.
Factory for sale in Bhiwadi
For businesses looking to start operations immediately, buying an existing factory in Bhiwadi is a viable option. There are many factories available for sale in Bhiwadi, which offer ready-to-use facilities. This can significantly reduce the time and effort required to set up a new industrial unit.
RIICO Industrial Area Land Rates
Land rates in RIICO Industrial Area are competitive and vary depending on the size and location of the plot within the industrial area. It is important to stay updated on current land rates to make the right investment decision. Shankar Estate provides accurate and up-to-date information on land rates to assist investors.
- Understand the Allotment Process
The process of plot allotment in RIICO Industrial Area is transparent and straightforward. Interested businesses can apply for a plot through the RIICO website or office. Factors such as the type of industry, investment amount, and employment generation potential are considered in the allotment process. - Evaluate Circle Rates
The circle rate, also known as the guideline value, is the minimum rate at which property transactions can take place. In Bhiwadi, the circle rate for industrial land is determined by the government and varies across different areas. It is important for investors to understand the circle rate to ensure a fair price when acquiring land. - Finalise and acquire the land
Once you have identified the ideal plot and understand the rates, proceed with the necessary documentation and legal formalities. Shankar Estate can assist you with the entire acquisition process, ensuring a seamless and hassle-free experience.
Benefits of investing in industrial land in Bhiwadi
Investing in industrial land in Bhiwadi offers several benefits:
- Growth potential: Bhiwadi is experiencing rapid industrial development, making it an attractive investment destination. Continuous development of infrastructure and favourable policies contribute to its growth potential.
- Strategic connectivity: Proximity to Delhi, Gurgaon and major highways ensures seamless connectivity for logistics and transportation.
- Skilled workforce: Bhiwadi attracts skilled workforce from nearby areas, ensuring a steady supply of talent for various industries.
- Government support: The pro-industry policies and incentives of the Rajasthan government create a favourable environment for businesses to thrive.
- Cost-effective: Compared to other industrial hubs, Bhiwadi offers cost-effective land rates and operating expenses.
FAQs
- Is Bhiwadi a good place to invest?
Absolutely! Bhiwadi’s strategic location, excellent infrastructure and government support make it a prime destination for industrial investments. Its proximity to major cities and affordable land rates add to its attractiveness. - What is the future of Bhiwadi?
With continued infrastructure development and growing industrial activities, the future of Bhiwadi looks promising. The implementation of the Delhi-Mumbai Industrial Corridor (DMIC) is expected to further boost its growth and attract more investments. - What is the location of Bhiwadi Industrial Area in India?
Bhiwadi is considered one of the top industrial areas in India, owing to its strategic location and strong infrastructure. It ranks high in terms of industrial development and investment potential.
Contact Us
For more information on industrial land in Bhiwadi, or to explore investment opportunities, do not hesitate to contact us:
Shankar Estate
TC-322, R-Tech Capital Highstreet, Phoolbagh, Bhiwadi, Alwar (RJ)-301019
Phone: +91-7969348111
Email: info@shankarestate.com
Conclusion
Bhiwadi offers ample opportunities for industrial investment with its strategic location, excellent infrastructure and supportive government policies. Whether you are looking to purchase industrial land, an existing factory or looking for a plot in the RIICO industrial area, Shankar Estate is here to assist you every step of the way. Our expertise and commitment to providing the finest quality materials and services ensure that your investment in Bhiwadi is both profitable and hassle-free. Explore the possibilities of industrial land in Bhiwadi with Shankar Estate today.