Top Cities for Property Investment in India

India is not only known for its cultural diversification but also for the diversified investment options available. Undoubtedly one of the major factors to consider while making a real estate investment decision is how well it will translate into profits. Experts have stated that investment in a developing area is better than in a developed area. The initial price is less but will fetch a high return in the future.

In the given market & environmental situation, it becomes essential to ensure that the property you are investing in has easy access to public transportation apart from the basic amenities. Never forget to check the infrastructural developments to determine whether the purchase is worth the money spent on it.

Once you have planned to invest, where to invest is the biggest question. Knowing the right place to invest is important to calculate your maximum returns. If you are planning to invest in rental properties, then analyze various market conditions before making investment decisions. Some of the best locations for real estate investments in India include:

Ahmedabad :

Lesser expect city is experiencing an annual growth of 2-4% in real estate. Soon after the downturn of the pandemic, the capital and rental values In Ahmedabad started to move up. Also, the city did have a considerable increase in the new launches, out of which 47% are in Ahmedabad east. The Ahmedabad Smart City Project is a dream project for Gujarat. It would be among the first 20 smart cities in the country, which is one of the major boosts for the real estate business. The modern commercial and residential areas in Ahmedabad are known for cutting-edge amenities with abundant green space. Furthermore, the environment of the city is one of the cleanest and most conducive for business activities.

Pune :

Pune has always been acknowledged as one of the most livable cities in the country. With the recovery in the real estate sector post-pandemic, the market showed rapid growth and is still expected to grow further in the coming period. In the later half of the year 2020, the city enjoyed a hike in sales by 58%-thanks to the initiatives taken by the Maharashtra government. The city offers a perfect combination of the negotiable price range, affordability, and low-interest rates in the residential market. The undergoing metro rail projects in the city are likely to boost the market by the end of 2022.

Mumbai :

Despite the high prices, for many years, Mumbai has been treated as the main centre for real estate hubs in the country. It is the financial capital with the strongest economic growth, which also helped its real estate status. Factors including the multiple metro links, and Mumbai Trans Harbour Link, among others, have attracted investors to invest in this dream city. The builders and developers are attracting buyers to invest by offering great discounts on the properties. The discounts are coupled with the stamp duty reduction granted by the Maharashtra government and have efficiently evoked consumer sentiment.

Noida :

The city’s planned infrastructure and affordability are the key driver of real estate in Noida. Jawar Airport will be a game-changer as it is likely to boost the overall employment in the region. Given the proximity to the airport, many MNCs are also in the progress to get settled in the city. Noida is to give better ROIs on the properties in the upcoming times. The top builders are focusing on different options to serve the needs of every investor like ultra-premium, premium, and affordable housing projects. Noida is now becoming a top real estate destination with guaranteed long-term returns given the infrastructure and quality of life it has. However, the overall quality of life in Noida Extension needs a push. Pollution, sewage issues, and garbage are still big problems.

Bangalore :

Undoubtedly, this city is one of the top spots for commercial and residential investments, with the investments depending on the growth of the IT sector. Within Bangalore, Whitefield, Sarjapur Road, Electronic City, Hebbal, Yelahanka, Nayandahalli, etc., are some of the top spots for investing. With high-paying commercial companies located in Bangalore, people from different parts of India migrate in search of better employment and end up settling there to enjoy the factors like security, quality education and healthcare, and nightlife among other recreation facilities. Investments here have a high capital appreciation and fetch high rental income. You will never be disappointed as the city is not only making a great deal of growth in terms of investments but also in terms of connectivity and infrastructure developments.

Chennai

Superior connectivity, world-class infrastructure, industrial development, seamless access to quality education & healthcare, etc., have made Chennai another hotspot for real estate investments. The government has undertaken the task of improvising the city’s connectivity, and a few of the major projects developed with a focus on the same includes the IT Expressway project in Thoraipakkam, Thoraipakkam Pallavaram Radial road project, etc. With prominent automobile & IT players setting up their hub in Chennai, it has attracted a good fortune in commercial investments. On the other hand, it has led to an incline in the working and student population which gave rise to the residential segment also. Here, the properties are available at an affordable rate with a reduced average property size. With easy access to all the basic amenities, the area is now a preferred investment location for offering serene and affluent facilities.

The above-mentioned cities are known to fetch a high return even on pre-leased commercial properties. Apart from these, a few other cities for rental investment include Vizag, Kochi, Coimbatore, Cuttack, and Bhubaneswar. Shell out a considerable amount of initial investment and you will be able to source a decent property in no time. The real estate in the above-mentioned cities is growing at a good pace. Thus, you can expect very good returns in no time.

We hope this list of top property investments has given you useful ideas for real estate investment in India. No matter which city you choose, make sure you research it well and compare different properties and their potential. Keep your budget in mind and calculate how long it might take you to make a profit through rental income. If you are looking to invest in a pre-leased property, do reach out to us.