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Which Is The Best City For Property Investment?


Which Is The Best City For Property Investment?

Buying a House is a big purchase in one’s life which is usually decided only after analyzing various aspects. Choosing a location is the prime part in a property purchase. A homebuyer should focus on the positive attributes of the city and value of the particular project in future. There are some cities which offer exclusive properties with a host of lifestyle amenities which also has amazing investment returns.

Below listed are a few attractive destinations of India which offers dwellings which earns great returns…

Bangalore

The Silicone Valley – one of the best attractive destinations in India that grabs attentions of investors across the country. Being a popular IT Hub in India, this is the most sought-after choice for both the residential and commercial investors. As the city offers exclusive conveniences and great connectivity, Bangalore has become the ideal destination to own a dream home.  Some major localities in Bangalore which has given great price appreciations include RMV, Rajarajeshhwari nagar and HAL Layout. In these areas property prices have been appreciated in 7 – 21 per cent in the last year. With the growing affluent population in Bangalore, the property prices are expected to rise in future.

Chennai

The southern suburb of Chennai namely OMR, GST, ECR etc, is experiencing a drastic growth in recent years. Many IT companies have started targeting these locations which is ultimately making its employees to find suitable abodes in nearby areas. Hence, the investors find this a great opportunity and started investing in many high-end and mid-segment houses.  Southern Chennai which houses many posh localities such as Adyar, K.K Nagar, Velachery, Saidapet and other areas has its own specialties where the land values are already on the peak.  Investing in Chennai residential property is definitely a benefiting choice.

Pune

IT Industry is the prime reason for boosting the property rate in a city. Pune also has many popular IT/ITes sectors which have played a major role in increasing the property prices.  Localities in Pune like Baner, Bavdhan, Kalyani Nagar, Wakad and Viman Nagar have come up as top realty destinations. Many real estate developers are targeting these areas for its exclusive amenities.

Besides, these popular cities Ahmedabad, Mumbai, Hyderabad, and Kolkata etc. are also in the list of top real estate destinations in India. These areas have their own positive attributes for which builders and investors are showing interest.