Bikaner, Rajasthan Property Guide
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Overview of Bikaner
Bikaner is located in the northwestern part of India’s Rajasthan state. This city blends historical richness, industrial progress, and modern conveniences, making it a great spot for real estate investment.
Reasons to Invest in Bikaner Real Estate
Connectivity
- Bikaner connects well to major cities like Delhi with its railway station and domestic airport. This makes it perfect for both people and businesses.
Employment Opportunities
- Several major industries such as woollens, snacks, and ceramics operate here. Over 400 snack and papad factories offer many job chances.
Institutions of Higher Education
- It houses several well-known colleges and universities including RNB Global University, Maharaja Ganga Singh University, and the Institute of Agri-Business Management. Many students come here from different parts of Rajasthan and neighboring states.
Affordability
- As a tier II city, Bikaner offers a low cost of living, making it affordable for people from many economic backgrounds.
Popular Residential Areas
Mukta Prasad Colony
- In southwest Bikaner, this friendly neighborhood is near key hospitals, markets, and schools. You can buy villas, houses, and plots here for ₹40 lakh to ₹85 lakh.
Lalgarh
- This calm area offers homes that are good for families, either fully or semi-furnished. Properties cost ₹48 lakh to ₹70 lakh. It’s popular for its urban lifestyles.
Rani Bazar
- This area mainly for industry also gives flats. Average price is ₹10,000 per sqft. It's good for both cheap and luxurious housing investments.
Commercial Real Estate Opportunities
Kolayat
- This area is famous for Kolayat lake and its Kartik Purnima fair. It's great for hotels and retail stores. Property here goes for about ₹1.57 crore.
Rani Bazar
- It's a busy industrial zone, making it home to factories for carpet yarn. Easy to get here by road. Amenities include dining, healthcare, and shops. Rates are ₹5,500 per square foot.
Factors to Consider Before Buying
Safety and Security
- Check that the property comes with good safety and security.
RERA Compliance
- Ensure your property follows the Real Estate Regulatory Authority (RERA) rules.
Infrastructure and Amenities
- Investigate nearby roads, transport, and other features on the ground.
Legal Documentation
- Ensure the sale deed, Encumbrance Certificate, taxes are all in order. Pay the right stamp duties and registration fees.
Property Price Trends
- Residential places in Bikaner have prices between ₹40 lakh to ₹85 lakh for Mukta Prasad Colony and ₹48 lakh to ₹70 lakh for Lalgarh.
- Commercial properties in Rani Bazar start from ₹5,500 per square foot.
PropertyWala's Conclusion
Bikaner is appealing for both living and business real estate. Thanks to its good connections, growing industries, and low living costs, it’s a lucrative place. Its famous schools and amenities add to its appeal. By checking factors like safety, following RERA rules, and looking at infrastructure, you can make smart choices and make good investment returns. Bikaner’s progress means big gains for those buying or renting.