For people belonging to the lower and middle-class income groups, investing in real estate is a very life-changing decision. In India, there are five top cities which are all equally important in their own way for investing in real estate.
BANGALORE:
The Silicon Valley Of India or The IT hub, Bangalore is booming with community projects like Bangalore Metro Routes and service new infrastructure projects. Housing projects are flourishing and expanding outside the city as well. Though today buying a property is affordable, 3 years down the lines prices will skyrocket and the scenario will be completely different, thanks to the migrants from other cities coming in for new opportunities. Best localities include Indiranagar, Havell road, Hebbal, MG Road, Whitefield etc.
MUMBAI:-
City Of Dreams has all it takes to be every investor favourite for real estate investments. Numerous employment scopes, tall skyscrapers, good transport network, a lot of infrastructural growth all contribute to its real estate growth. One can expect great returns in localities such as South Mumbai, Bandra, Worli, Juhu Andheri in a couple of years.
PUNE:-
With lots of untapped land at disposal, builders are now focusing on grating low-cost projects. Pune's year-round pleasant weather, great public amenities and the presence of many find educational institutions makes it very popular among investors. Areas such as Kharadi, Magarpatta, Warje and Baner have shown tremendous growth in the last 5 to 6 years.
Localities such as Kalyani Nagar, Koregaon Park, Deccan have always been all-time favourite amongst investors.
NAVI MUMBAI:-
These neighbourhoods adjacent to Mumbai have shown spontaneous growth in housing big size flats on a budget. They have well-developed flats with amenities like health centres, educational institutions, entertainment centres, malls, parks and transportation. Its fast growth promises great return in real estate investment in just a few years.
HYDERABAD:-
The typing IT sector has attracted lots of foreign outsourcing thus creating lots of employment opportunities. The youth from other cities have migrated here and this contributed to the growth of the commercial real estate. Because of the increase in population, there has been a directly proportional increase in real estate schemes. Great civic amenities and growing infrastructure has added to the investors' interest. Localities life Gachibowli, Manikonda, Miyapur and Kukatpally are the best places for real estate investments.
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Which city in India is best for real estate investment?
athulnarayan
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1 Answers
4 Year
2020-08-29T11:25:07+00:00 2021-04-19T16:20:01+00:00Comment
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