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IREF® - Indian Real Estate Forum > Real Estate in India > More Cities/States > Real Estate Bhiwadi > Best Location for 2BHK under 30 Lakhs in Bhiwadi/Daruhera
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Old January 22 2013, 03:17 PM   #1
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Default Best Location for 2BHK under 30 Lakhs in Bhiwadi/Daruhera

What is the better location to buy something in Bhiwadi/Daruhera...As I have seen three different areas...one is Daruhera (near NH8), second is near Royal park and Mall where there are several residential projects...Third is Alwar highway near RIICO industrial area near Omax, Piysh city, Regal court etc...

Which area is best for investment in this geography and budget of under 30 lakhs!

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Old January 22 2013, 04:24 PM   #2
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Hi Keenbuyer

if i look at condition "2 BHK under 30 lakhs" (and considering all inclusive), i donot think anything will be available in Daruhera and initial stretch of Bhiwadi-Alwar road (near Royal park and Mall) in original booking.

I have not explored third location much but Avalon Regal Court is one project under 30 lakhs (again original booking).

I hope senior members can throw some light on resale options.
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Old January 22 2013, 05:08 PM   #3
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Yes...Thanks my query was not specific to project actually...it was more about the area/location.

What will be good location 3 years from now or should I say which location one should certainly avoid for 3 yrs from now.
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Old January 22 2013, 07:52 PM   #4
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I say area around toll would be a good fit for 2 Bhk under 30 L (all inclusive) price range.
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Old January 22 2013, 08:01 PM   #5
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isn't something close to RIICO industrial area (around Honda) is best location due to current industries as well as future growth of industries in the area?

Am I missing something here?
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Old January 22 2013, 09:41 PM   #6
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In my opinion, whole of the stretch from the toll to the industrial area near Honda and Tapukara are full of new projects now. The area is still affordable and has capacity to give returns if invested at ~2500 psft rate.
If Greater Bhiwadi 2031 master plan is to be believed, this area would become centre of Master plan. There are roads either in construction or planned to connect this stretch with with NH8.
So any approved project in this stretch should be good if invested approximately at this rate. Please take it as only my POV.
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Old January 22 2013, 11:05 PM   #7
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So if we leave Daruhera, we are left with two areas on same Bhiwadi-Alwar road....(1) initial stretch of few kms before toll, (2) from toll to industrial area.

Projects in Area 1 : MVL Coral, Avalon Royal Park, Nimai Greens, Essentia, Krish and others.
Projects in Area 2 : Avalon Regal Court, Omaxe, Piyush, Krish and others.

some comparison points :

- area 2 is cheaper than area 1
- more RTM in area 1 than in area 2
- area 1 have good commercial progress with malls, Big Bazaar, Haldiram, SRS multiplex launches (or soon to be launched)
- area 1 is closer to Gurgaon.
- as mentioned by gahoiMn in above message, as per 2031 master plan, area 2 would become centre of master plan.
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Old January 22 2013, 11:09 PM   #8
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one more thing...

My disclaimer is important here : I am invested in 2 projects in area1. So, my opinion may be biased.
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Old January 24 2013, 12:11 AM   #9
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Old February 18 2013, 04:51 PM   #10
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Hey,
can anyone tell if MVL coral is good option to buy 2 BHK.
off late they have started offering possion in ave-5.
I have been offered flat in av-4 (possession in 1 yr) at approx 39 lacs just 2 days ago
Will it be a gud option (less risky) for investment and in near future if i decide to move in bhiwadi.
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