Terra City Plot Bhiwadi offers residential and commercial plots in Bhiwadi, a city in Rajasthan known for its industrial development
. Developed by Terra Group, plots are available in several sub-projects, including Terra City 1, Terra City 2, and Terra City Extn II, in various sizes and at different locations within Bhiwadi.
Project highlights
Terra City (Alwar Bypass Road)
- Property type: Residential plots.
- Ready-to-move: Yes (possession since 2014).
- Area: 12 acres.
- Location: Alwar Bypass Road, Bhiwadi.
- Bank approvals: Major banks, including HDFC Bank and LIC Housing Finance.
- Amenities: Parks, schools, colleges, and hospitals are easily accessible.
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Terra City 2 (Sector 64 and Pavti)
- Property type: Residential and commercial plots.
- Ready-to-move: Yes (possession since 2017).
- Area: Varies by location, with one section spread over 30 acres.
- Location: Sector 64, Alwar Bypass Road, and Pavti.
- RERA registration: Yes (RAJ/P/2017/364 for the Alwar Bypass Road location).
- Amenities: Gated community, 100% power backup, parks, and other basic facilities.
- Plot sizes: Available in sizes like 160 and 250 square yards.
- Property type: Residential plots.
- Location: Tijara.
- RERA registration: Yes (RAJ/P/2020/1354).
- Amenities: Power backup and other convenient living facilities.
Investment potential
Bhiwadi is a popular area for real estate investment due to its industrial growth and excellent connectivity to major hubs like Manesar and Gurugram via the Delhi-Jaipur National Highway. The relatively affordable land prices have led to a rise in new residential and housing projects.
Things to consider
While Terra City is generally well-regarded for its infrastructure and location, it is advisable to keep these points in mind:
- Occupancy rate: Some reports suggest a low occupancy rate in certain phases of Terra City due to a high number of investors rather than end-users.
- Resale market: Plots are often available on the resale market, which may present different pricing and terms than a direct purchase from the developer.
- Connectivity: While well-connected by road, some past residents have noted that areas can be somewhat isolated without shops and vehicle traffic at night.
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