Top 5 Cities in India “To Be Hot Property Investment Spots in 2015”

16th Sept, 2015 Posted by Sohan

Whether you are an end-user or an investor, an individual would like to buy property aspiring for high rental returns and capital appreciation. Check for five factors before you invest-

1. Connectivity

2. Social infrastructure

3. Development

4. Legality

5. Growth potential

Based on our research Mumbai, Bengaluru, Pune, New Delhi and Hyderabad are the preferred cities for investment. The paramount determinant is job opportunities.

Banglore

Bangalore has witnessed rapid development owing to a boom in the IT sector.

Whitefield positioned in the eastern part of Bangalore, is one of the best attractions for investors. This district is the number one choice for IT Companies and residential purposes. The Export Promotion Industrial Park is the major booster that completely altered the horizon of Whitefield in a few years. Being well connected and evolved, makes it ideal for big Real Estate Developers to launch their developments in the residential, commercial, retail and hospitality verticals. One of the main reasons behind the strong demand for investment is because of the growing population of upper middle and higher income groups. As the demand increases, the prices of property are expected to increase for investors and home seekers.

Mumbai

Mumbai the city of dreams and Financial Capital of India is also one of the best places for Real Estate Investment. Despite being one of the most congested city in India, regions like Wadala, Bhiwandi, Thane, Ghatkopar, Panvel, Virar and Dombivali are offering great opportunities for investors. The high rate of development, connectivity to desirable locations, future planning and excellent road & railway network have helped these regions become the most desirable location for investors.

Amongst the different real estate regions, Mumbai is a very expensive city in terms of property pricing. Based on our studies “as the economic capital of India, Mumbai is on the top of the list of luxurious residential projects markets with twenty nine percent of its whole under construction homes priced beyond Rs 1 Crore, compared with eleven percent and five percent in the Delhi NCR and Bangalore property markets respectively".

Pune

The rise in the IT industry here again is the main reason for the rise in demand for Real Estate. The extreme and huge buying power was developed from IT/ITes sector in this region. In this city, regions like Kharadi, Baner, Bavdhan, Kalyani Nagar, Wakad and Viman Nagar etc. have appeared as the emerging realty destinations.

In between these Viman Nagar is the prime location in Pune, its advantageous location and proximity to the Airport, office spaces, Railway station and different part of the City as well as State have been the biggest factors for its high demand. Due to its proximity to SEZ’s, the region enjoys an excellent peripheral accessibility of the social Infrastructure. Many big names of the Indian Real estate industry have at least one major residential development in this region. With the outstanding status of the region, the state government has accepted to develop new civic infrastructure in Viman Nagar as well as in Pune.

Delhi NCR

Greater Noida and Dwarka Expressway in Gurgaon are the most promising real estate destinations in Delhi NCR. Based on the market trends “Gurgaon is the most attractive region in NCR for housing segment in every class and expected to observe annual growth of 15 to 20% in this year. Greater Noida has also appeared as a top destination for residential projects. Since 2011 Greater Noida & Noida witnessed possession of above 100000 homes.

The upcoming 150 meter wide Dwarka Expressway will offer better connectivity between Gurgaon and Delhi, which can appear as an excellent investment in both Residential and commercial real estate. Based on our research, this corridor stretch(Dwarka Expressway) has experienced a launch of around 12000 - 15000 luxury homes. Due to it's proximity to Delhi, Metro Corridor and other infrastructural developments, these homes will enjoy excellent returns in a short span of time.

Hyderabad

Amongst the most affordable real estate markets, Hyderabad’s IT/ITeS, automobile and the manufacturing corridors make it a very promising city. Additionally, familiarity of the local crowd with Hindi is something most non-natives appreciate. Hyderabad is a sought-after city for engineering graduates and tech aspirants from Hyderabad, Bengaluru and even abroad. There are many small investors who go in for plotted development. Rational pricing has kept investments alive. Infrastructural developments such as the Hyderabad Metro have further opened up the peripheral growth corridors.

If you are investing today, opt for areas that justify the cost you’ve paid for it!