Real estate investment in India can be lucrative and tricky. India will witness massive growth in terms of the economy, wealth creation, accumulation, infrastructure, and real estate. Buying properties with the blind expectation of appreciation is not a wise option, so it is better to choose properties that fulfill your investment purpose. Locations play a very important role in determining whether the property will pay back the investment or not.
Bangalore
Bangalore, the Silicon Valley of India, is full of green vegetation, and a bustling startup ecosystem generates strong demand for residential real estate properties to accommodate the growing ecosystem. This city of sophistication has renowned educational institutions, hospitals, major international companies, renowned hotel chains, and a flourishing manufacturing sector to catalyze real estate growth and the economy's growth. Localities like Whitefield, Electronic City, Sarjapur Road, Bellandur, Indiranagar, HSR Layout, Koramangala, and MG Road are highly sought after by investors.
Pune
Pune is one of the prime and premium metropolises, growing with burgeoning infrastructure and the IT sector. Pune's powerful job market is sustainably supporting the growth and prices of the real estate market. Pune's pleasing climate, good educational institutions, health facilities, and wide roads attract a lot of real estate developers and buyers to stay invested in Pune. Areas like Hinjewadi, Kalyani Nagar, Kharadi, Wagholi, Nanded City, and Baner are witnessing fast-paced development.
Hyderabad
The city of pearls is sprawling to cater to the growth of the world-class IT, ITES biomechanical, and pharmaceutical industries. This city is one of the major startup hubs and is witnessing exponential growth in commercial and residential real estate. The city is well connected and has a lot of other incentives, like good health and education facilities, food, and a mix of modern and cultural living styles. This city has a lot of space left to grow and has a lot of opportunities to offer. Areas like Gachibowli, Hitec City, Madhapur, Jubilee Hills, and Banjara Hills are really crowned and crowded. But areas like Pocharam, Nallagandla, Kompally, Chandanagar, Tellapur, and Kokapet can also offer good properties.
Chennai
The Chennai economy is growing on a strong foundation of the automobile, manufacturing, and IT industries, which create strong and sustaining demand for housing projects. Property prices are a little lower than in major metropolises, but rental yields are as high as in metropolises. This is the sweet spot for buying or investing in real estate properties in Chennai. Areas like Velachery, Adyar, Mylapore, Thorraipokam, and Perungudi are some good localities in Chennai to buy properties.
Indore
The cleanest city in India is clearly one of the fastest-growing cities in India. With a clean and livable environment, it ranks as one of the most investable options in real estate scenarios. The city has strong infrastructure, a safe environment, and premium institutes like IIT and IIM. Areas like Vijaya Nagar, MR10, Rau, Mahalaxmi Nagar, Nehrunagar, and Sukhiawala are some of the best localities to check for.
Bhubaneswar
The real estate of Bhubaneswar is emerging as a hotspot because of its rapid growth and development in infrastructure like metro rail and a new big airport to meet needs and propel the growth of the city in terms of connectivity. Major IT MNCs are expanding their strategic footprint in Bhubanewar, due to which its real estate market is steadily growing as per the needs and necessities of a growing economy. Areas like Sahidnagar, Nayapalli, Patia, Khandagiri, Hanspal, Sunderpada, Tamando, and Balianta are a few localities to check out for properties.