A Potential Destination to Invest in Real Estate Baddi Brotiwala Nalagarh Industrial Zone
2/17/2012 5:00:00 PM
"A worth in real estate investment associated with the potential of that area to pay returns in terms of Appreciation and rental. Property price always based on the current status and new up comings for any area.Baddi an industrial area of Himachal Pradesh also emerging as a new destination for real estate investment as area has already developed into a industrial house for Big Indian Players of Pharma,FMCG Textile,Biotechnology,Packaging,Informational technology and Electronics etc those contributing towards the witness growth of industrial area. As on 31/03/2013 BBN has received the investment of INR 8116.08 Cr with the registration of 3796 small, medium and large scale units, In which Aprox INR 5031.96Cr has contributed by Medium & Large scale industry. In the last 5 Years Govt has approved projects of worth more than INR 4500 Cr & Expansion of existing projects worth more than INR 1000 Cr. Recently Govt added two more lime stone to its basket by approving investment proposal INR 550 Cr of United Biotech Pvt. Ltd along with Ranbaxy propose to invest INR 84.70 Cr with the Employment potential of 272 people in Baddi. As the area is developed well in terms of industry and still Medium & Large Scale Industries already approved worth more than INR 8000 Cr yet to start its production, the demand for well planned residential and administrative zone comes into play and witness by the Govt. recent activities of appoint a separate IAS officer for Baddi,New modalities with Haryana Govt would work out for the rail link from Surajpur to Baddi,Four lane road from Chandigarh to Badidi,Center Aid of INR 65 Cr to carry out project, Foundation stone for new Tehsil,Shifting State Pollution Control Board to Baddi & so Many etc. activities. Having look on all these facts, One can prudently analyze the growth scenario of BBN area where Half of India’s Pharmaceutical production mainly formulation would be originated."