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Real Estate in Delhi-NCR: Haryana’s Bahadurgarh emerges as new HOTSPOT for investors

Real Estate in Haryana: Delhi-NCR is witnessing a remarkable investment in the real estate sector. With the development and upgradation of infrastructure in the national capital and its adjoining areas, the Tier 2 and Tier 3 cities including Bahadurgarh, Sonipat, Alwar, Meerut, and Manesar are emerging as a new real estate hotspot. According to the CBRE Report, the tier 2 and tier 3 cities have witnessed an increase in investment, with capital flows more than double in 2023.

Delhi Metro New Corridor

With the completion of the new Delhi Metro corridor from Inderlok to Indraprastha, the connectivity to tier 2 and tier 3 cities will improve. According to several experts, the enhanced connectivity will not only boost investment in the commercial sector but also in the residential sector. The property values along the metro routes will rise accordingly. The corridor will pass through several important areas such as Daya Basti, Sarai Rohilla, Ajmal Khan Park, Nabi Karim, New Delhi, LNJP Hospital, Delhi Gate, and Delhi Sachivalaya.

Bahadurgarh: Emergence as a New Hotspot for Real Estate

In this context, Haryana’s Bahadurgarh deserves special mention. The city is located near Delhi and is well-connected with the Delhi-Bahadurgarh- Rohtak highway, KMP expressway, and rail routes. The region hosts Asia’s biggest footwear park and is home to some renowned companies such as Relaxo, BNG Fashion, Yokohama, and Aqualite.
Apart from this, medical facilities like Balaji Action Cancer Hospital, the upcoming Minerva Mall, Maharaja Agarsen Medical University, etc situated close to the city. The airport is just 30-40 minutes away from the location.
Some renowned developers such as Royal Green Realty, TATA, Omaxe, Essel Realty, and HL City, among others are offering various options like ready-to-move, etc. Additionally, several projects are in the construction stage.
Talking about the real estate growth in Bahadurgarh City, Yashank Wason, Managing Director, Royal Green Realty, said, The region is close to Delhi, as it takes around 1 hour or so to reach, and is well-connected with roads, railway corridors, and the Delhi Metro. At our township, we offer villas, floors, plots, and our first-time SCO spaces equipped with top-notch amenities such as smart security & monitoring, a smart outdoor landscape, a swimming pool, a kid’s play area, and more that will enhance the standard of living of our residents.”
Wason further added that their first-time Shop-Cum-Office (SCO) spaces in Bahadurgarh will offer cost-effective solutions and increased convenience for businesses. “The companies can benefit from shared infrastructure and facilities, such as common areas, and parking spaces, among others. These spaces are poised to make a positive impact on the local economy, generating numerous job opportunities. Most important of all it is an enticing option for startups and entrepreneurs who are aiming to establish their brand in tier-2 cities, especially Bahadurgarh,” he said.
Sharing his view, Mohit Mittal, CEO of Mores Techno Pvt. Ltd., a tech-based real estate investment advisory firm said that Bahadurgarh’s strategic location on the outskirts of Delhi-NCR has significantly boosted its connectivity. He added that government initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and various affordable housing schemes have spurred development in the city.
“The Bahadurgarh real estate market holds promising future prospects. Its proximity to Delhi, coupled with relatively affordable property prices compared to the inner parts of the NCR, makes it an attractive destination for both end-users and investors. As infrastructure continues to improve and the area evolves into a self-sustained township, property values are expected to appreciate further,” Mittal added.

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