Top 6 Promising Cities in India to Buy Property
Big capital investment is needed if you want to buy property. The good time for the market is yet to arrive. Thus, the current period is perfect for purchasing homes for residential and investment purposes. Many Indian cities are still recovering from the after-impacts of the slowdown. Certain regions in these cities are a great option for home buyers.
Bangalore has 7 regions that feature in top 50 investment list. RMV in North Bangalore, Raja Rajeshwari Nagar in Bangalore West, and HAL Layout in Bangalore East are three areas that have been given best price appreciation.
Over the past few years, real estate market has shown incredible growth in Navi Mumbai and its surrounding areas. The planned approach taken towards development and property management has led to this growth. It’s really high time if you ever had any wish to buy property in Mumbai.
3. New Delhi
Areas that are showing huge potentials in New Delhi are – Dwarka Expressway (it will join Dwarka and Gurgaon), Gurgaon and Noida Extension, and Golf Course Extension Road in Delhi-NCR.
Pune has four major areas that have shown huge potential – Hinjewadi, Ravet, Wakad and Tathawade. Strategic location on the Mumbai-Pune Bypass Road and proximity to employment hubs of West Pune is something which will drive the property investors and home buyers to these areas in Pune.
Porur in Chennai West, Pallavaram, and Thoraipakkam in Chennai South are quite promising regions. Real estate prices in these areas have appreciated between 11-28%
Satellite Road and Prahlad Nagar from Ahmedabad West, Gandhi Nagar from Ahmedabad Central are 3 regions in this city that have shown growth and development. The city’s localities have shown price appreciation of 11 to 16%.
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