Brick and mortar has been one of the robust investment choices since time immemorial. Initially, buying a property was a luxury investment, a way of flaunting your social status, but now it is the tried-and-tested and safest option to grow your investments. Due to the balance of risks and returns offered, real estate investment is the most popular form of investing your hard earned money. Realty investment in India is a great investment opportunity, rich in returns in terms of house that appreciates over a period of time or the cash value of land. The properties, whether residential or commercial, become high sources of income as, if not for self-use, they can be given on rent to families or highly paying professional tenants.
Top Locations for making realty investments in India:
While purchasing a property, the buyers normally look for the basic features like location, planned development, neighborhood, accessibility to daily conveniences, and proximity to important locations, mainly the workplace, etc. Based on these factors, the top locations for residential investments include Noida Extension, Dwarka Expressway in NCR, Wadala, Chembur in Mumbai, KR Puram in Bengaluru, and Wakad, Wagholi, Hinjewadi, and Ravet in Pune.
Noida is one of the major realty hubs of NCR that has managed to capture the interests of both buyers and investors in a big way. Property in Noida is scaling heights owing to factors like well-planned development, its proximity to Delhi, excellent infrastructural development and affordable property rates. It is a well-planned city having low density residential areas along with beautifully maintained green parks and belts. The proposed master plans of 2021 and 2031 still have a lot of development lined up. The world-class highways, metro expansions, uninterrupted power and water flow, connectivity to Delhi and Gurgaon, reputed educational institutions and latest medical facilities help the city score high on the livability index. Noida is a major business hub with several startups’, MNC’s and PSU’s having their corporate offices here generating a slew of employment options.
Bangalore is the “Silicon Valley of India” and a great property destination. The top class infrastructure, clean and green living environment, excellent careers prospects, flawless connectivity, and quality education institutions are some of the factors that spurt the growth of Property in Bangalore. Its ballooning sector with some major IT Parks in areas like Sarjapur Road, Hebbel, Whitefield, E-City and Marathalli Outer Ring Road and burgeoning manufacturing and service hubs generate innumerable employment options, thus accelerating the demand for residential housing. The place is like a haven for students and its multi-cultural population makes it a vibrant residential destination. Bangalore is undoubtedly a fascinating city that due to its latest developments and a developing consumption-oriented urbane population gives music to the ears of realty investors.
Pune is another hotspot for realty investments owing to its affordable property rates, pleasant weather, safe living environment, multiple educational institutions and the fast infrastructural development that is happening here. Property in Pune is a good investment option as the city offers a complete package for an investor’s delight. It offers an ideal mix of residential and commercial developments with a positive appreciation value in future. The surge of IT/ITES companies and manufacturing companies generate huge employment options and the strong footing of quality education makes the place very attractive for career prospects.
Mumbai is a giant metropolis and investors’ paradise for all those who aspire to buy a property in their city of dreams. The realty sector of the city is growing as fast as its population as many people from across the country shift to this place due to better career prospects, business expansions, etc. Mumbai being the economic centre of the country is home to top leading financial institutions and MNC’s, thus keeping the residential segment also on an upward growth trajectory. Property in Mumbai witnesses a major boom due to its excellent connectivity and accessibility, high return on investment, top-end infrastructure, and employment and business options. Due to the ever-growing business and commercial regions, the city also has a horde of options available in the affordable housing segment.
Chandigarh is one of the best planned, greenest and cleanest cities of India that offers an excellent quality of life. Innumerable recreational facilities, short distances, quality education, well-developed social and physical infrastructure, presence of leading software companies like Infosys, DELL, Chandigarh Technology Park, proposed metro connecting Secretariat and Aerocity, upcoming golf centre, habitat centre, and Knowledge City are some of the factors that have triggered the growth and development of Property in Chandigarh. The upcoming realty corridors in and around Chandigarh are Ambala Highway, Dera Bassi, Mullanpur, Mohali and Zirakpur.
