The 5 Best Places to Buy Real Estate in India: Hello, Everyone Today I am going to share some interesting facts on The Five Best Places to Buy Real Estate in India. Whether you are a young professional who is willing to buy his first dream home or an investor who is planning to pick up a few properties for the rent, there are plenty of places there in India from where the housing can be a reliable bet. These Five Best Places to Buy Real Estates on our list are the regions where the opportunities are rising and so is as their population.
The 5 Best Places to Buy Real Estate in India
The Bangalore is turning out to be the most demanding destination for the real estate investments. The Capital of Karnataka, this city has definitely benefited from the IT background in India. This city is a home to the many IT/ITES and the MNC’s and hence it is named as the Silicon Valley of India. The fascinating growth of the Bangalore has seen in the last few years with the constant efforts of a pro-active government is really the remarkable.
So, all these factors are like music to the ears for the real estate investors. The Green spaces, pleasant weather, a good nightlife and a cosmopolitan culture including all these has made the city Bangalore the one of the top choices for the housing investors. The Bangalore has been experiencing a steady increase in the rents and the capital values of the business park facilities over the last few years. The Areas like Indira Nagar, Narasapura, Hennur, Yelahanka, Whitefield all these stands at the top in Bangalore for the real estate investors.
The Mumbai, is the financial capital of India and the city of the dreams is one of the best places for the Real Estate Investment. While Mumbai is the most populated Indian city, the regions like Thane, Wadala, Ghatkopar and Dombivali are among the few promising investment opportunities for the investors. The excellent transport system of Mumbai, is the superb rate of development, the connectivity to the desirable locations and the future growth prospects helped this region to emerge as the most chased upon location for the investor.
Mumbai is being one of the wealthiest city, the proximity to planned the locations, well developed markets and the significant growth has made the Mumbai an attractive hotspot for the property investment in India. Although, the property prizes in Mumbai are quite a high rates due to the increasing demand, but it has not affected the interest of the investors to spend their buckets of money in the Mumbai. Moreover, it is the properties in the Navi Mumbai seem to be like the hotcakes due to its connectivity and the infrastructure where the buyers and the realtors are keen for a piece of it.
3. Delhi NCR
Delhi is the capital city of India and it is the most populated region. Delhi has always been evolving both in the terms of the commerce and the infrastructure. Upcoming to the real estate projects like Dwarka Expressway and the Greater Noida are worth investment in the Delhi NCR.
Moreover, The Gurgaon has many attracted people of every class from all over the country and it is still expected to emerge as extremely this year. Even with the Greater Noida is also evolving as a favorite spot for the residential projects. Areas like in the Delhi NCR with their best returns to the investors which includes the Sector 46 Noida, Sector 54 and the 73 in Gurgaon with about the 35 to 40% rise in their property prices. Because of the nearness to the Delhi, The Metro Corridor facilities and the other populated infrastructures for this area will also enjoy its excellent return.
The Chennai is one of the top real estate destinations in the world. It states that, “It is already a magnet to the Ultra High Net Worth Individuals in this region and it is therefore already a recognized and the fashionable enclave.” The majority of the well-developed infrastructure such as The Chennai Metro Rail, the bus terminus, the Chennai Mass Rapid Transit System, the interlinking of the CMRL, MTRS and the sub-urban rail network and also the outer ring roads, and the emergence of IT hubs are the prime reasons to invest in Chennai.
Plus, the prices are really affordable and reasonable here. The Chennai are also having the transport facilities of the Local Trains too, it also increases the chances of buying the Real Estates. There the Real Estates are increasing every year to give the best kind of home with a reasonable price to focus on every people to buy it.
In spite of the constant growth atmosphere, The Pune has managed to be a safe residential destination. Due to its proximity with the India’s most happening place Mumbai which is approx. 150 km, and being the second largest city in the Maharashtra, and the 8th largest urban agglomeration, it has seen a huge development in the last few decades. To pace up with the gearing development, this city has experienced an increase in the housing demand and also spreading across the various income categories and the locations, especially towards the western and the eastern periphery.
According to a survey which is conducted by the 99acres.com, The Pune has observed the 7 percentage of growth in its real estate market since in the year 2014. With the numerous increase of the grand infrastructure projects like the metro rail project, proposed Pune International Airport, being a hub for the educational institutions and the big IT companies, it is an established organized retail market and the connectivity with the major cities. Pune has been a favorite place for the housing investors. The Areas like the Hinjewadi, Kharadi, etc. are expected to see the maximum appreciation in the upcoming years.
So, these are The Five Best Places to Buy the Real Estate in India. These places are highly recommended for the investment in the Real Estates and it also create the curiosity of the peoples to buy the homes in the above-mentioned facilities. If any Queries or Questions is persist then please feel free to comment your view points.