Neemrana Plots for Sale
Neemrana is ancient historical town located in Alwar District of Rajasthan on NH-8 (Delhi-Jaipur), It is 120 kms from Delhi and 150 kms from Jaipur. Mainly known for its Neemrana fort palace, EPIP & Japanese investment Zone. In 2006 JETRO (Japan External Trade Organisation) had signed the MOU with RIICO (Rajasthan State Industrial Development and Investment Corporation) for developing Japanese Industrial Zone in Neemrana. Initially MOU had been signed for 29 manufacturing units which were further extended for 29 more units in 2012 with investment of Rs.2520 crores. Real Estate market starts emerging since 2006 because of Japanese Investment Hub. Many well known developers are developing their commercial and residential projects in this area like:
As the most of the area reserved for Japanese and other industrial projects in Neemrana, Govt. providing approvals to commercial and flats projects so that maximum land can be used for industrial and investment zone. Only few projects have got approval for plots in this region and the average rates of plots in an approved project vary from Rs.28, 000/- to Rs. 35,000/- per sq. yards which was around Rs. 2,000/-per sq. yards in 2006 before Japanese investment. As no project has any approval for plots in Neemrana that’s why now people investing nearest RIICO industrial area ie, Keshwana RIICO area, which is emerging very fast now days if you compare last 4 years rates then you will be surprised as it’s started with Rs.2000/- per sq. yards in 2012 and now it’s around Rs.6000/- per sq. yards on average which vary project to project and location. The reasons behind it are followings:
1. Keshwana RIICO region is the only region which is nearest to Neemrana and where a buyer can find an approved plot.
2. Industrial growth has been very fast here in last 4–5 years and RIICO recently extended it land for industrial growth and new industry setup.
3. Around 15–20 industries already in production that’s why around 20,000 manpower working in this region which attracts buyers for a regular rental income that can be more than Rs. 50,000/- per month.
4. Industries like JK Cement, Orient Green Power, Genus, Dhanuka Laboratories, Alstone, NIMT United University, Aster Institute, Emerging Glass, Barmalt, Shree Krishna Paper Mill, Ramko Industries and many more.
Approved Projects in Keshwana RIICO area:
1. Keshwana Hills : Rs. 4500/- per sq. yards
2. Aangan : Rs. 8000/-per sq. yards
3. Aangan, Phase-II : Rs. 5250/- per sq. yards
4. Aangan, Phase-II Extension : Rs. 5250/- per sq. yards
5. Shyam Residency : Resale Price more than Rs. 6000/- per sq. yards
6. Prime Residency : Resale Price more than Rs. 7500/- per sq. yards
For more details contact at 9910333662 or visit at www.skrrealtech.com