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Bhiwandi is a beautiful location near Thane district, Maharashtra, about 20 Km northeast of the city. It is a prime commercial location and the key trade centre that joins the city to other cities through the Mumbai-Agra highway. Bhiwandi has a vast number of power looms and handlooms in India.
This location offers limited-budget real estate property dealers and home buyers large-scale investment possibilities. Some renowned real estate developers active in Bhiwandi are Dosti Realty Limited, Godrej Properties Limited, Karnani Builders and Developers, TATA Housing Development Co Ltd, Dev Drashti Empire Phase 1, and many others.
Some of the amazing real estate properties to invest in in Bhiwandi are Dosti Greater Thane, Godrej Upavan, Ambika City, TATA Amantra, Arzoo Greens, Aadinath Royal Flora, and many more. The area also has several tourist attractions, like Bhiwandi Caves, Gavdevi Jarimari Mandir Kariwali, and Lonad Caves.
There are so many appealing landmarks in Bhiwandi, like, Gavdevi Shivaji Maharaj Chowk, Lonad Caves, Chhatrapati Shivaji Maharaj Chowk, Varaldevi Lake, Hanuman Mandir Kariwali, Jay Bajrang Ground, and many others.
The reports of Mumbai Insite say that the average rental price rate for 1 BHK housing unit in Bhiwandi is around Rs 5,300 - Rs 6,800, whereas the price rate for 2 BHK is approximately Rs 8,500-Rs 11,000 per month. Some of the properties for investors and home buyers to invest in include Ornate Kallisto Phase 2, Lodha Villa Royale Palava, Khusi Axis World, Lodha Upper Thane, and many others.
Here is the price trend of properties located in Bhiwandi:
Years | Average price rate per sq ft |
---|---|
2019 | Rs 5,980 |
2020 | Rs 7,200 |
2021 | Rs 8,140 |
2022 | Rs 7,890 |
2023 | Rs 8,090 |
Disclaimer: All the above-mentioned price rates are taken from numerous sources and do not reflect the actual price rates. Price rates of the properties located in Bhiwandi may vary as per the developer, location, and amenities.
In the previous times, residents of Bhiwandi primarily depended on farming, but with the urbanisation and the elevation in the price rates of lands, they slowly started giving up on this occupation. Then, warehouse construction came onto the scene, which was an amazing option for earning a better return on investment. Some of them are Shree Sai Logistic Park, Indian Corporation, Mankoli Naka, and more. This location is also a home for numerous companies like Torrent Tower, Delhivery, Reliance Retail, Vashi Integrated Solutions Limited, and several others.
Hospitals | Educational Institutes | Shopping Malls |
---|---|---|
Ayush Hospital | HK Institute of Management Studies and Research | Hub Mall |
City Hospital and Polyclinic | Jaipuria School | Dreams the Mall |
Thombare Hospital | National Institute of Management and Research Studies | Phoenix Marketcity Mall |
Thunga Hospital | Sri Chaitanya Techno School | Mansarovar Shopping Mall |
The average price rate for real estate properties located in Bhiwandi is around Rs 3,700- 6,500 per sq ft. Over the last year, the price rate altered by 2.6%; over the previous three years, it was around 11.9%; over the last five years, it went to 16.8%.
421308 is the PIN code for Bhiwandi.
Bhiwandi is famous for numerous top tourist attractions, which include Lonad Caves, Bhiwandi Caves, Hanuman Mandir Kariwali, Chhatrapati Shivaji Maharaj Smarak, and many others. This location is famous for several A-rated investment options like Arihant City, Ornate Kallisto Phase 2, Dosti Kalher, and more.
The real estate sectors in Bhiwandi are surfacing with unmarked connectivity and high-rise infrastructure. Bhiwandi offers investors and home buyers numerous top-class constructions with perfect facilities and amenities. Some investment options include Dev Drashti Empire Phase 1, Ornate Kallisto Phase 4, Arihant City Phase 2 E Building and many more.
For 1 BHK, the rent in Bhiwandi is approximately ₹20 K - ₹30 K; for 2 BHK, it's ₹30 K - ₹50 K; for 3 BHK, it's ₹50 K - ₹80 K.
By 2025, completing the Bhiwandi Metro Project (Mumbai Metro Line 5) will significantly improve daily transportation for residents. This infrastructural enhancement is expected to drive increased demand for housing and rentals in Bhiwandi. As a result, esteemed builders are anticipated to invest in the area, introducing a range of high-quality projects. Notable upcoming projects in Bhiwandi include Squarefeet Regal Square, Maya Narayani Dham, and Giriraj Sarvoday Greens.
9 1 BHK flats are available in Bhiwandi, including furnished and unfurnished.
1 BHK in Bhiwandi costs in the range of ₹30 Lac - ₹70 Lac.
The average size of a 1 BHK in Bhiwandi is 300 sq.ft. - 600 sq.ft.
The rent of 1 BHK in Bhiwandi lies in the range of ₹20 K - ₹30 K.
5 2 BHK flats are available in Bhiwandi.
2 BHK in Bhiwandi costs in the range of ₹70 Lac - ₹1 Cr.
The average size of a 2 BHK in Bhiwandi is 600 sq.ft. - 850 sq.ft.
The rent of 2 BHK in Bhiwandi lies in the range of ₹30 K - ₹50 K.
2 3 BHK flats are available in Bhiwandi.
3 BHK flats in Bhiwandi cost in the range of ₹1 Cr - ₹2 Cr.
The average size of a 3 BHK in Bhiwandi is 850 sq.ft. - 1150 sq.ft.
The rent of 3 BHK in Bhiwandi lies in the range of ₹50 K - ₹80 K.
1 4 BHK flats are available in Bhiwandi.
4 BHK flats in Bhiwandi cost in the range of ₹2 Cr - ₹8 Cr.
The average size of a 4 BHK in Bhiwandi is 1150 sq.ft. - 1650 sq.ft.
The rent of 4 BHK in Bhiwandi lies in the range of ₹80 K - ₹1 Lac.
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