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Real Estate Manesar


Real estate development in the National Capital Region (NCR) began with market expansion taking place at Delhi's suburbs. However, it is something that has passed; now the property business has reached its second phase of development. After rapid real estate growth in NCR cities like Noida, Gurgaon, Ghaziabad, and Faridabad; it is Manesar to make the headlines next, as soaring property prices compel people to move to adjacent smaller towns.

Couple of years back, no one could have imagined such bright future of property market in India. According to industry connoisseurs, the next destination for potential investors in NCR is Manesar who are eyeing for land acquisition here to develop new office spaces. The rising demand for property itself speaks for the enormous growth taking place in this town of Haryana.

The demand for Manesar real estate is so high in the recent times, that residential and commercial spaces are being bought/rented out at the planning stage itself. Often, property developers are found to be making a fortune of the pre-launch projects in their kitty.

The growing popularity of Manesar as an emerging real estate destination has a number of factors behind it. First and foremost, Manesar is situated on the main Jaipur-Delhi highway and is well-connected to Delhi. Next, the international airport is just 32 km away, while the showpiece of Lutyen's Delhi, Connaught Place, is 45 km. It takes about an hour and a half to reach there.

Also, the Industrial Model Township (IMT) of Manesar is all set to come up with a Technology Park worth over Rs. 3600 crore. The construction work is going fast along with other activities to develop skyscraping buildings here. The authorities have got a nod from the government regarding constructing the buildings up to 15 floors.

All these factors like good connectivity, infrastructural development and rising land prices in adjacent NCR cities have added to the real estate growth of Manesar.

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