Is Neemrana an investment opportunity?
NEEMRANA is an emerging destination near the National Capital Region (NCR). Gurgaon in the Delhi-NCR space has always been on a real estate investment destination map. However, lately with the rising real estate prices and recessionary environment it may no longer be an ideal investment option available or even qualify for being in the first three choices for real estate investments. Amid such a scenario, a real estate investor has to take an objective and long term view of the real estate investment. From an investment perspective, it is better to identify satellite towns or cities that are coming up around Delhi-NCR with promising prospects. We have heard about the Gurgaon-Manesar-Bhiwadi-Neemrana-Jaipur belt being developed. These satellite cities/towns can be seen as the Dwarka-Gurgaon Expressway of yesteryears, providing an ideal price point of entry.
Here, Neemrana, the least heard about as an investment destination is the place where you could find best of the Japanese business along with Indian business. There is a 1,200 acre Japanese Business Zone that has multinational companies such as Nissan, Nippon, Tiayo and Daikin etc.. associated with it. Rajasthan government has taken various proactive steps to develop several industrial zones in and around Neemrana. Thus, Japan External Trade Organisation (JETRO) in Majarakath, the Japanese Zone in Neemrana and the Export Promotion Industrial Park (EPIP), developed by the Rajasthan State Industrial Development and Investment Corporation (RIICO) are some of the zones that have led to the emergence of this fast-growing industrial hub.
It is advisable that before investing, a real estate investor should get in touch with real estate industry experts from various domains. This includes portfolio managers, fund managers, financial advisors, chartered accountants, taxation and legal experts as well. “An investor doesn’t make returns on the property, but the timely and actionable information that provides an investor an opportunity to reap returns.”