5 Best Places for Real Estate Investment in India

Whether you’re a young professional willing to buy 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 reliable bet.

The cities on our list are regions where opportunities are rising and so is their population. Check out the top 5 hottest real investment destinations of India.

Bangalore

Bangalore is turning out to be the most demanding destination for real estate investments. Capital of Karnataka, the city has definitely benefitted from the IT booms in India. The city is a home to many IT/ITES and MNC’s and hence is named as the Silicon Valley of India. The fascinating growth Bangalore has seen in the last few years with the constant efforts of a pro-active government is really remarkable. All these factors are like ‘music to the ears’ for the real estate investors.

Green spaces, pleasant weather, a good nightlife and a cosmopolitan culture – all these has made Bangalore one of the top choices for housing investors. Bangalore has been experiencing a steady increase in the rents and capital values of business park facilities over the last few years.

Areas like Indira Nagar, Narasapura, Hennur, Yelahanka, Whitefield stands at the top in Bangalore for real estate investors. (http://grabhouse.com/blog/10-best-regions-real-estate-investment-bangalore/ rel=”nofollow”) 

Pune

In spite of the constant growth atmosphere, Pune has managed to be a safe residential destination. Due to its proximity with the India’s most happening place Mumbai (approx. 150 km, being the second largest city in Maharashtra, and the 8th largest urban agglomeration, it has seen huge development in the last few decades.  To pace up with the gearing development, the city has experienced an increase in the housing demand spreading across various income categories and locations, especially towards the western and eastern periphery.

According to a survey conducted by 99acres.com, Pune has observed 7% growth in its real estate market since 2014. With numerous grand infrastructure projects like the metro rail project, proposed Pune International Airport, being a hub for educational institutions and big IT companies, an established organized retail market and connectivity with the major cities, Pune has been a favorite place for housing investors. Areas like Hinjewadi, Kharadi, etc., are expected to see maximum appreciation in the upcoming years.

Mumbai

Mumbai, the financial capital of India and the city of dreams is one of the best places for Real Estate Investment. While Mumbai is the most populated Indian city, regions like Thane, Wadala, Ghatkopar and Dombivali are few promising investment opportunities for the investors.

The excellent 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 investor. Being the one of the wealthiest city, proximity to planned locations, well developed market and significant growth has made Mumbai an attractive hotspot for property investment in India. Although the property prizes in Mumbai are quite high due to the increasing demand, it hasn’t affected the interest of investors to spend their buckets of money in Mumbai. Moreover, the properties in the Navi Mumbai seem to be like hotcakes due to its connectivity and infrastructure where the buyers and realtors are keen for a piece of it.

Delhi NCR

The capital city of India and the most populated region, Delhi has always been evolving both in terms of commerce and infrastructure. Upcoming real estate projects like Dwarka Expressway and Greater Noida are worth investment in Delhi NCR.

Moreover, Gurgaon has attracted people of every class from all over the country and is still expected to emerge extremely this year. Even Greater Noida is evolving as a favorite spot for residential projects. Areas in Delhi NCR with best returns to the investors include Sector 46 Noida, Sector 54 and 73 in Gurgaon with about 35-40% rise in their property prices. Because of the nearness to Delhi, Metro Corridor and other populated infrastructures, this area will enjoy excellent return.

Chennai

According to a recent study by Candy GPS Report, Chennai is one of the top real estate destinations in the world. It states, “It is already a magnet to Ultra High Networth Individuals in the region and is therefore already a recognized and fashionable enclave.”

The majority of well-developed infrastructure such as Chennai Metro Rail, bus terminus, Chennai Mass Rapid Transit System, interlinking of CMRL, MTRS & sub-urban rail network and outer ring roads, and the emergence of IT hubs are the prime reasons to invest in Chennai.  Plus, the prices are really affordable here.