Bhenara Khurd, Ghaziabad
About
Overview of Bhanera Khurd, Ghaziabad
Location and Context
Bhanera Khurd village lies in Ghaziabad, Uttar Pradesh, and is set to be included in the ambitious Harnandipuram township project. The project is led by the Ghaziabad Development Authority (GDA), with backing from the Uttar Pradesh government. The aim is to reshape Ghaziabad's urban landscape dramatically.
Land Acquisition and Development
- Around 11.83 hectares of land from Bhanera Khurd will form part of the Harnandipuram township project.
- Spanning 521 hectares across eight villages, the total project cost is projected to reach ₹10,000 crore, with significant money earmarked for both land acquisition and infrastructure development.
Infrastructure and Amenities
- This new township will have critical infrastructure like roads, drainage, and water supply. We will use AI and other advanced technologies to encourage water and energy savings.
- The goal is to address residential space shortages and rising housing demands in Ghaziabad by providing thoughtfully planned and modern amenities.
Property Market and Pricing
- Specific property prices in Bhanera Khurd haven't been widely reported, mainly because it’s rural and undergoing considerable transformation.
- In contrast, the broader Ghaziabad area features a wide range of properties across different price ranges. For example, areas like Indirapuram, Vaibhav Khand, and Crossings Republik show 3 BHK units priced Rs 60-80 lakh, with rental values from about Rs 7,000-11,000 per month.
Prospective Development
- As Harnandipuram will include Bhanera Khurd, big changes in infrastructure, housing, and amenities are on the way.
- Future property values might increase, and rental yields could climb as the area grows more urbanized and linked to other large centers in Ghaziabad and Noida.
Challenges and Considerations
- When developing, you may face issues like construction noise, dust, and infrastructure completion delays.
- Currently, the village is rural, and it may take time to fully urbanize. Potential buyers or renters should expect changes during this transition period.
PropertyWala's Conclusion
Bhanera Khurd, being part of the Harnandipuram township project, offers a promising yet growing real estate chance. While it's still transforming significantly, it promises modern amenities, enhanced infrastructure, and rising property values. However, prospective buyers or renters should get ready for a phase of transition and linked challenges. As the project moves forward, Bhanera Khurd will probably become a hot spot for those wanting both urban perks and a well-planned township community.
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- Locality ID
- A674110139