Neemrana is an ancient historical town in Alwar district of Rajasthan, India, situated at 122 kms from Delhi on the Delhi-Jaipur highway. It is the site of 14th century Hill-Fort ruled by Chauhans once upon a time as well as Kesroli in Alwar district that is the oldest heritage site. Historians trace it to the Matsya Janapada of the Mahabharata times.
Neemrana is primarily an industrial city besides being a tourist hotspot. Its serene environment, favorable climatic conditions and beaches has always been of tourist attraction but the investment opportunities initiated by the state government has proved to be of significant importance in transforming the economic and real estate prospects of Neemrana.

Real Estate Development

Neemrana is a town in Alwar district of Rajasthan, India, situated at 122 kms from Delhi on the Delhi-Jaipur highway. The history of this city can be traced back to 14th century when it was in the shape of a fortified palace in the Hill-Fort, ruled by Chauhans. Being in the vicinity of Delhi and Alwar, Neemrana does have its accompanying advantages.

Neemrana real estate has picked up great speed, which makes it well on the fast track to becoming an industrial city and a desirable investment destination. RIICO (The Rajasthan State Industrial Development and Investment) has proposed developing large industrial estates in the area spread over 2,000 acres. It has also got an approval from Rajasthan government for acquiring 1,100 acres of land close to Neemrana Industrial Area. The industrial estate is a mix of residential colonies, education, medical, recreational centers and would include a tool room for plastic and auto units, apart from industrial units.

RIICO has also been responsible for developing well over 292 industrial areas all over Rajasthan for attracting investment in industrial sector and other areas. Credit goes to RIICO for successfully materialising theme based Parks such as Special Economic Zones (SEZ) at Jaipur, Jodhpur and now underway at Neemrana. There exists significant opportunity for investment in these Parks and there are enough lucrative incentives for investment to lure investors with a discerning eyes.

Property for sale is available in RICOO industrial area Neemrana at excellent locations at reasonable prices. The comforts in planned residential houses complete with woodwork, car garage, and terrace are inspiring. Real estate Company Ashiana Housing & Finance (India) Ltd has been active in residential property in Neemrana and has sold entire 280 residential units of its flagship project Ashiana Greenhill.

Some companies that figure in the industrial property scene in Neemrana are Parle, Ginni, Liberty Whiteware, Prena Syntex, and Rochee Breweries etc. Big companies like Hero Honda Pallavi Copper Pipes etc have spotted plenty of investment avenues in commercial real estate in Neemrana and plan to set up their businesses here on firm ground. All these developments in commercial property in Neemrana which includes office/retail space are bound to create a spurt in demand around the region.

Prominent real estate developer Ansal API has set its sights on the Special Economic Zone (SEZ) at Neemrana- Behror, NH-8, Rajasthan and has secured an in-principle approval from the Rajasthan government to set up another SEZ in Neemrana. Effective connectivity by rail, road and air, availability of power and skilled labour, apart from the developed industrial corridor of Gurgaon, Manesar, Dharuhera, Bhiwadi and Bawal makes the choice of Neemrana only naturally favorable.

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