Our Blog Bhatewar: An emerging real estate hotspot in Udaipur Real estate industry in Udaipur has led to a subsequent boom in last few years. As a result of rapid urbanization, gentrification is occurring in the outskirts of Udaipur. The offbeat locations of the city, like the burgeoning locality of southern Udaipur are the most-preferred destinations for real estate investment. Best property for investment in bhatewar are in close proximity to the International Airport and due to that areas like debari, dabok, are hot-selling real estate destinations for business travelers and frequent flyers. WHAT HAVE THE PRICE TRENDS SHOWN? The real estate industry in Udaipur witnessed a period of transformation in the last 7-8 years. Udaipur is in the initial phase of Development, not big corporate houses haven’t come down to the city yet. Therefore, prices of land are very low in a radius of 20 Kms rates and are starting from 400 Rs per square feet and at a distance of 25-30 kms, they are much cheaper for 300 Rs per square feet. Annual appreciation is at least 18% for converted plots. If someone invests a large amount in agricultural land he can expect a good return. Also, the real estate industry in recent times has changed a lot and with transparency in tax structures and the market has caused investors to invest in outskirts and for better after the implementation of most anticipated regulatory bills like GST also attracts investors from all over the city. While tracking the development in the last few years, urbanization is happening at a very rapid rate. It’s just a myth that investment in the main city is going to drive returns in the future, but outskirts like dabok, bhatewar have shown huge profit margins in the past 7 years. The debari area exemplifies this growth. In late 90s, debari was considered as the outer part of the city and land would have been available at 200Rs per sqft. And today for the same land a home owner could charge 1500Rs.to 2000Rs. per sqft. Similarly, after declaration of the International Airport in Udaipur, the locations like dabok experiencing rapid growth in real estate segment and residential investment property for sale are available at very affordable price. Also, globally renowned companies like Singapore Cooperation Enterprise are bringing the Singapore based township which will definitely drive huge returns in coming 4-5years. Various township projects are coming up nearby airport and for frequent travellers, it’s like cherry on the top! Noted listed below are the benefits that will help you thinking the exact same:– Affordability influences real estate development If you are willing to do something scouting, invest your hard earned money in residential investment property for sale in the peri-urban areas like dabok and bhatewar, which offers low entry rate and will give you massive returns over the long-term. You can get more space at very affordable price, and then all you will have to do just wait and let your property gradually appreciates its value in the time lapse of 5-7 years. Connectivity counts in real estate The Maharana Pratap Airport, Udaipur already declared as an international airport and the terminal work is also in process, one can expect realty growth in this area to appreciate better in this area than other localities in Udaipur. This is the huge advantage for the people who travel for work. Experts say that the declaration of International Airport in the southern Udaipur outskirts plays major role in realty boom in these areas and became real estate hot-spots for property development and investment purpose. Away from city’s chaos Everyone loves a peaceful surrounding, with greenery and serenity all around. Best Property for investment in the bhatewar is excessively preferred upon urban properties, as they are away from the chaos and bustling traffic of the city. The human’s urge for a peaceful living makes investments in the bhatewar a lucrative option to consider. The Futuristic Demand The location of your property that is now in the bhatewar will soon become a prime location of the city with excellent infrastructure and commercial developments coming up. This will have more and more people eager to come and start living in the area, which will increase the demand for properties. Once the demand increases, you can sell your property in a hefty amount, thus, will bring massive profits to your investment. UPCOMING DEVELOPMENT ON DABOK AIRPORT ROAD, BHATEWAR In the past few years, most of the investors prefer to invest in the outskirts in particular debari, dabok and bhatewar. The government has started focusing on the infrastructure and growth of the city with abundant land parcels mainly in these particular areas. Acres of land has been acquired for electronics and automobile companies like Pyrotech investing in these localities which will further improve the job opportunities and thereby the real estate. Following are the listed upcoming development by authorized government officials of the city National Highway Development Project: Grade separator is coming up in Debari, which is a big relief for commuters. A Budget of 581 crores has been approved by Rajasthan Government for the development of Debari Grade Separator. Rajasthan Housing Board and Singapore Cooperative Enterprise agreed to jointly come up with a concept plan for a township in dabok nearby Sir Padampat Singhania University, land acquired (1000 bigha) Wind electric generator manufacturer worth INR 300 Crore is coming up in Bhatewar, development has begun and 75% of employment would be given to citizens of Rajasthan Regen Powertech Pvt. Ltd. And L.M. Wind power blades (India) have begun leveling work in bhatewar. Bhatewar-Pali highway is planned to develop in Bhatewar Tourism Circuit. Railway Station is proposed in Bhatewar area International Ayurvedic University by Kanchan Seva Trust is another upcoming infrastructural development. FINAL THOUGHTS Gokul properties counted among the best real estate company in Udaipur and have harnessed the potential in the outskirts of the city to a fair extent. Check out ‘our services’ by Gokul Properties for buying plots on EMIs in Udaipur, so that owning a home is no longer
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Farm Land Investment: New Trend in Udaipur Real Estate
Our Blog Farm Land Investment : New Trend in Udaipur Real Estate Investors in India are now checking out innovative ideas to earn returns from their investments, with growing purchasing owner. One of the lucrative ways of investing is saturated in agricultural land. While a number of the investors retain such farm land as an asset. Who supports the growing market of animate fruits and vegetables, to supplement their income there’s a neighborhood of investors. If farm investment may be a safe option for parking one’s funds because the return on investment is typically quite the opposite investments and also lends safety to investors’ money, a number of experts have agreed after pandemic COVID-19 especially. Historically, farmland for sale in Udaipur also offers higher total returns than many other sorts of land investments, and also exhibits a way lower level of risk. That’s because farmland continues to supply product that are in high demand and certain always will be: meats, grains, fruits, and vegetables. Additionally, even when the market is fluctuating farmland typically escapes such volatility and continue to appreciate its value over time. Udaipur – The second most beautiful city in the world According to travel & leisure magazine survey, Udaipur secured 2nd rank in the most beautiful city in the world leaving behind Istanbul and Bangkok. Udaipur, known for ‘The City Of Lakes’ has the waterfront properties foreign investors going crazy for. Tourist spots like Vallabhnagar lake and Bhatewar lake are attracting investors and people are building their farmhouses with beautiful landscape, amidst scenic surroundings. Lake Front properties are selling like hot cupcakes in that locality. Being second most beautiful city in the world, the real estate landscape of this city is changing very rapidly. (check out which is the best locality in Udaipur for real estate investment) Local investors as well as NRI investors are looking to invest in properties in Udaipur because of its rich heritage, culture and scenic beauty of nature around the city, Various investors are opting for farm land in the outskirts of the city preferring locality nearby airport and making their weekend homes and farmhouses amidst scenic surroundings and driving rental income by leasing or farming on their land. Why more people are driving towards investing in farmhouses? Farmhouses that are being rented out for events are in high demand nowadays due to the trend set and the fact that the area is larger than banquet halls, at a beautiful location, far away from the crowd and noise of the city centre. This trend has become famous via several movies and social media influencers where celebrities post pictures of spending time at their farmhouses with friends and family, partying, hanging out, and chilling. Seeing this, farmhouses started becoming popular as party spots as they are available in an isolated location with lots of greenery around, where noise won’t be an issue.. The category of people that can be seen investing in farmhouse in Udaipur and building their farmhouses in the outskirts is the ones who already have homes and investing for the reason of having a second home or luxury purposes. The land buying options are aimed towards having a spacious and cozy house. Farmhouses today host a new sub-culture for India’s lifestyle conscious and high net worth class of people. Localities in Udaipur that will most likely give you big capital gains! The area where government schemes is launching or any upcoming infrastructure development coming, most likely these areas is going to drive huge returns to your investment. In Udaipur, Airport Road is proving to be emerging as a real estate hotspot for investors. After declaration of Maharana Pratap Airport becoming International Airport, investors from around the globe are showing their keen interest in Udaipur Real Estate. Foreign companies are developing their projects on airport road which is going to be beneficial in uplifting the real estate market scenario of Udaipur. Rajasthan Housing Board and Singapore Enterprise Coorperation jointly came up with the planning of two Singapore based township one in Udaipur and One in Jodhpur. In Udaipur, the township is planned on 1000 acres on airport road, which will fetch higher ROI for properties located in that locality. The development is happening at a very fast pace in and around Udaipur, due to which overcrowding in the main city is making people wanting to live in nature more than ever. How covid-19 affected farm land investment in Udaipur? Farm land investment was not as popular before the pandemic as they are now. Farmhouses, almost by definition, tend to be located on a city’s outskirts – in other words, far away from the urban centers, which are the foremost affected zones because of the virus. In the post-pandemic time, farmhouses are now being secure accommodation, too. Open spaces, fresh air, greenery, and distance from hot zones and have very strong associations with safety in a time of pandemic. If someone is interested in making a farm land investment, they must try to find the ones built in accordance with the township concept where all parcels of land are located in a secured gated community or developed by trusted developers, in which there are other farmhouses in close range. This is better for security reasons as well as in case of emergencies as there would be someone near to asks for help from. IN CONCLUSION If you’re looking for a long term wealth creation opportunity in agriculture or farm land around Udaipur, Gokul Properties has solution for you. You can invest in farm land or in agriculture land for sale in Udaipur with us in installments with 0% interest. Invest your money in a secure oasis in the second most beautiful and romantic city of the world. As the intrinsic value of a farm land never goes down. You can always dispose of portions of your farmland at any point of time as the demand for farmland continues to rise as the supply keeps steadily going down. Our projects are located in the most handpicked locations of the city, around famous and most beautiful tourist spots of Udaipur where you can build your weekend home and enjoy the peaceful living over
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