Top or best locations to invest in real estate in India
One of the most rising fields of investment in India is real estate. Whether you are a young professional willing to purchase your first dream home or an investor planning to pick up a few properties for rent, plenty of places are there in India where housing can be a solid bet. Besides, there are several cities in India with upcoming and established towns. The growth of these areas for the transit into the satellite domain, all depends on the nature of infrastructure and the planning being implemented over there. Further, check on these Top or best locations to invest in real estate in India where the market is buoyant and prices are on rising…
Top places to invest in real estate in India
Investing in real estate is a crucial decision. However, you need to consider several aspects like the city, the locality, the price per square meter, and the available civic amenities and infrastructure, before you put your savings as down payment and take on a high-value.
Bangalore
The startup capital of India, Bangalore is also known as India’s Silicon Valley. Despite being one of the best cities in India to work in, the real estate rates in Bangalore are quite economical. The place has been experiencing a steady increase in the rents and capital values of business park facilities over the last few years. With several new frameworks and amenity projects including new Bangalore Metro routes and housing projects in the Bangalore International Airport area, Bangalore is the best city to invest in property/assets in India. Some of the best localities for real estate investment in Bangalore include Indira Nagar, Hebbal, Koramangala, MG Road, Lavelle Road, Whitefield, etc.
Mumbai
Being one of the wealthiest cities, proximity to planned locations, well-matured market, and significant growth have made Mumbai an attractive hotspot for property investment in India. The exceptional transport system of Mumbai, superb rate of development, connectivity to desirable locations, and future growth prospects helped this region to emerge as the most chased upon location for the investor. If you dream to live in Mumbai on a budget but own comfortable, two, and three BHK flats, localities like Navi Mumbai and Thane can prove to be the best place to invest in property in India and can expect a great return on real estate investment in just a few years.
Pune
Once known as the pensioner’s city, Pune has emerged now as one of the most rapidly developing Indian cities. With numerous grandiose infrastructure projects like the metro rail project, proposed Pune International Airport, is a hub for educational institutions and big IT companies and established organized retail market and connectivity with the major cities, Pune has been a favorite place for housing investors. Localities such as Koregaon Park, Kalyani Nagar, and Deccan have always been a great choice for real estate investment, whereas areas such as Kharadi, Warje, Magarpatta, and Baner have grown exponentially in the last few years making Pune one of the best real estate investments in India.
Hyderabad
Hyderabad is another city with a booming IT sector. It is a city that witnesses’ lots of foreign outsourcing and tremendous job opportunities. This has committed to a rise in the city population, with the city youth considering Hyderabad to be a great city for a long-term and residential real estate investment. The thriving IT sector has also resulted in an expansion in commercial real estate. Equally, the city hosts good public civic amenities and infrastructures. Thus, is considered one of the best places to invest in, especially in areas like Gachibowli, Manikonda, Miyapur, and Kukatpally.
Chennai
According to recent research, Chennai is one of the top real estate destinations in the world. The majority of well-developed infrastructures such as bus terminus, Chennai Metro Rail, Chennai Mass Rapid Transit System, interlinking of CMRL, MTRS, and suburban rail network and outer ring roads, and the evolution of IT hubs are the prime reasons to invest in Chennai. Besides, the prices are also really affordable here.
Delhi
The capital city of India and the most populated region, Delhi has always been evolving both in terms of commerce and infrastructure. Moreover, places like Gurgaon and Greater Noida has attracted people of every class from all over the country and is known as a front-runner spot for residential projects. Areas in Delhi NCR with the best entrance to the investors include Sector 46 Noida, Sector 54, and 73 in Gurgaon with about 35-40% rise in their property prices.
In conclusion
If you are wondering where to invest in property in India, you can consider one of these cities. All the above-mentioned areas offer robust capital appreciation and have strong potential to reap rental income or both in the coming future.
