Despite of having slow moving economy and sluggish market stances, Indian Real Estate Industry is continuing to moving forward on its Growth Path. Common middle class man prefer to invest in realty sector either for living purposes or for long term investment purposes as it fetches substantial ROI in the long run. Here are the top 3 cities that are mostly chosen by Indian people for long term real estate investment and home buyer's segment.
1. Mumbai - The hottest destination for property investment in Indian Real Estate Market.
Mumbai Property include large sky scrapers more in number than other Indian cities but still there is a big expectation of massive infrastructure growth in both commercial and residential segments. Vasai-Virar, a suburb in the western side of the city is popular destination for budget housing. Panvel is also holding possible growth as there are several township projects going on and it is close to Trans-Harbour Link, an upcoming international airport, Railway Station, Mono Rail and others.
2. Delhi NCR - The Political Base in India, the Delhi NCR region is another very famous destination for real estate transactions with its diverse business opportunities and growing infrastructure. People all over from India comes to Delhi for better job opportunities, studies and business purposes and thus they choose to make this city for a self-contained habitation for themselves and their families. Property in Delhi Integrated townships, Apartments/Complexes are the latest trends among all real estate developers who are rapidly coming up with expensive housing projects. Buyers are also choosing the contemporary apartments rather than traditional houses. Like in Gurgaon the demand of integrated townships are higher whereas in Noida there is high demand of studio apartments.
3. Bangalore - Acknowledged widely as Silicon Valley of India is one of the most attractive destinations for property investment. The economic crisis in 2009 had shocked the market but still Bangalore real estate market stand tall and continues to grow. Due to growing economy and infrastructure that has changed the city into a big real estate market, there are good number of both residential and commercial properties in Bangalore is available. Bangalore Property has huge potential in luxury housing segment for city buyers and it is always a profitable option to buy property in Bangalore as a long term investment.
Apart from these three cities, there are also other cities where real estate development is going on at a fast rate including Kolkata, Hyderabad, Chennai, Pune, Ahmedabad, Chandigarh etc. So if you are willing to buy property in India then you can choose any of these cities.
