India’s Silicon Valley offers an endless stream of opportunities to anyone looking towards a comfortable life. The city is an information technology powerhouse; is well connected; has some of the best roads in the country and is overall nicely linked to the rest of the country via a vast network of roads, rail and airways. All in all, the city is one of the best places to live in India, and you won’t find a dearth of both amenities and opportunities should you decide to relocate to Bangalore.
With the bifurcation of the state of Andhra Pradesh and the new state of Telangana coming into existence; Hyderabad’s clout as a prime real estate market has increased. The city is witnessing increased activity, and there is no dearth of residential and commercial projects currently underway. Moreover, since the prices haven’t yet shot over the roof; Hyderabad appears set to become the next big investment destination when it comes to real estate.
Bangalore is one of the major real estate markets in the country. The city is home to some of the biggest technology companies in the world and is growing at an exponential rate with a global diaspora relocating to the city in search of better opportunities. Not only the city offers a mix of both high-end and affordable housing, but you are also much likelier to find a rented accommodation which is much cheaper when compared to a city like Mumbai or Delhi. Take this, for example, a quick look at any realty portal like Magicbricks will reveal that a 2 bhk flat for rent in Bangalore is likely to be 55.74% lower when compared to Mumbai. Moreover, since Bangalore is the startup hub of the country; even office space is available at competitive rates; thereby, giving a boost to the startup culture in the country. Overall, no matter if you are coming to Bangalore to start a business, or just invest in a property you have been eyeing for quite some time; it’s one of the top destinations in the country when it comes to the real estate market in the country.
A little-known place outside of Delhi/NCR; Bhiwadi is set to become the go-to destination for buying a property, as the prices of assets keep shooting over the roof in Delhi. Currently numerous projects are underway and development of roads, schools, hospitals, etc. are in full swing to cater to the rising number of residents moving into Bhiwadi. The good thing is that the prices are still affordable, and it seems to be the ideal time to buy a property in this city bordering Delhi.
For people who find it too expensive to own a home in Mumbai; Thane offers both residential and commercial properties at significantly lower rates. Moreover, the city is witnessing a massive surge in constructions and investment in real estate. Agreed, that even though it’s no Mumbai; the city has plenty to offer regarding amenities to anyone wanting to invest in this city.
The city has come a long way since the gas tragedy that resulted in the deaths of thousands; Bhopal has defied all odds to become one of India’s most sought after cities in the real estate sector. The city offers residential flats, villas and luxury apartments at competitive rates when compared to the rest of the cities on this list, and is ideally one of the best destinations in the country from an investment perspective.
There you go, the top 5 destinations for real estate investments in the country. If you have extra cash that you want to invest or are looking for a home post-retirement; these 5 cities have the most to offer when it comes to providing more bang for the buck!