Five locations emerging as best real estate destinations in India
Today, we look into five cities that are emerging as few of India’s best real estate destination.
1) Hyderabad
The creation of Telangana as the latest state in the country has led to the emergence of Hyderabad as a top real estate market in the country. With its increasing developments in the residential and commercial projects, complimented further by the moderate prices, the city of Hyderabad is soon going to be the prime investment location for real estate.
2) Bangalore
Bangalore has become an important player in the real estate arena of the country. With leading technological companies finding a place in the city, Bangalore is witnessing a large number of people from all across the globe relocating to the Garden City in search of better opportunities. The city offers an eclectic mix of affordable and high-end housing as well as rented accommodation which are cheaper in comparison to cities such as Mumbai and Delhi. Also, with its emergence as a start up hub in the country, office space is also available at competitive rates. So if one plans to initiate a business in the country or is keen on investing in real estate, there is no better place than Bangalore.
3) Bhiwadi
In the outskirts of Delhi, a not so widely known place named Bhiwadi is fast becoming the favoured destination for real estate investment as prices skyrocket in Delhi.
With a spate of real estate construction projects under progress alongwith the construction of schools, roads and hospitals, the place is looking to accommodate the increasing number of prospective residents. With prices highly affordable in comparison to Delhi, it looks the perfect time to invest in a property in this location bordering the capital.
4) Thane
Thane might not be Mumbai for a large number of the city dwellers but the city is really becoming a promising investment destination. With residential and commercial properties available for a lower rate in comparison to Mumbai, the city is seeing an increase in number of constructions and investment in real estate. Further, the city also has fair share of basic amenities for anyone looking to invest in real estate.
5) Bhopal
Bhopal has come a far way from being defined as the city of the gas tragedy to being one of the most wanted cities in the real estate sector. With residential flats, villas and luxury apartments on offer at much lower prices in comparison to other cities on the list, Bhopal is emerging as an underdog in the race to be the most sough real estate destinations in the country.
That’s all folks, if you still have some good amount of spare money left, real estate properties in these five cities look good value for money.