In spite of unstable health of Indian Economy, the rate of investment in real estate is rising day by day. At the point of investment many investors don't restrict themselves by the limits of the regions. Every region of our country keep on calling investors with open door. As we know that this is the best choice, let us know about the best locations for Real Estate Investments In 2014 – 15.
For the individual in 2014 -15, realty markets offer excellent openings. Gone are the days when most of the buyers of the homes are home-seekers, now, according to the latest trend, this is an opportunity for investor as well. So, this is proved, no matter what is the condition, Real Estate in India always rises.
Bangalore:
Whitefield in Bangalore is one of the best attractions for investors, this region is positioned in the eastern part of Bangalore. This district is the number one choice for IT Companies and also has residential purpose. With the invasion of IT companies, this region experienced a quick development in infrastructure. The Export Promotion Industrial Park is one of the booster that completely altered the horizon of Whitefiled in a few years. Excellent connectivity and conveniences change the image of this region for groups searching for the extensive volume of space opened their organizations. As well as many big Real Estate Developers launched their developments in residential, commercial, retail and hospitality field.
This region has sufficient amount of land for new development. Excellent connectivity and social & high class infrastructure are the advantages that will maintain the demand in residential and commercial real estate field. Generally, this will boost the demand in retail development.
One of the main reasons behind the strong demand for investment because of growing population of upper middle and upper class. Demand is rising so the prices of property are expected to increase for the investors and home seekers.
Pune:
IT industry has established in Pune to be the most significant point for increasing demand of Real Estate Development. The extreme and huge buying power was developed from IT/ITes sector in this region. In this city, regions like, Kharadi, Baner, Bavdhan, Kalyani Nagar, Wakad and Viman Nagar etc. have appeared as best realty destination for investment in Pune. In between these Viman Nagar is the main location in Pune, its advantageous location and ease of accessibility to the Airport, office spaces, Railway station and different part of the City as well as State has been the biggest factor to be in Demand. Because of its proximity to SEZ’s, the region enjoys an excellent peripheral accessibility of the social Infrastructure.
This is the number one place for investment with many unexpected advantages. Many big names of Indian Real Estate Industry have at least one residential development in this region. A new residential development launch had sold out in the short span of time, because of the property prices in a reasonable range and observed a sharp increase. With the outstanding status of the region, the state government has accepted to develop new civic infrastructure in Viman Nagar as well as in Pune.
Chennai:
Leading real estate experts and advisors are more and more advising their clients to invest in the Chennai Real Estate, rather than in Mumbai. Therefore Real Estate Investors are considering investment within properties situated in localities for example Adayar, etc in Chennai. Adayar which is situated in the southern region of this city is also one of the city’s most posh neighborhoods.
The localities of Chennai has been providing excellent appreciation on the Real Estate Investments within the past few years. For example, if anybody had invested Rs. 1 Crore in any residential project last 5 years, now the same unit get value of 2 or 2.5 crore depends on the location.
Residential Properties in Chennai are projected to become more costly over the next coming months. Leading reality forecasters have even excellent news; it is supposed that the value have not limited yet.
According to the statement of leading banks, it is clear that the region of Chennai are very much ahead of Mumbai. The statement also recommend that aside from being a constant performer within recent years the city is estimated to experience extra boom.
Pillars of the success story of Chennai •
The city has swiftly developed into a industrial hub. • Existance of auto-mobile plants of big names like Renault-Nissan, Ford and Hyundai. • Telecom and IT Sectors also boost investment opportunity in the city. • Excellent Infrastructure, connectivity to the different part of the country and reasonability of prices etc.
Hyderabad:
According to the real estate experts this is the right time to invest in residential property of Hyderabad. Real Estate Value of the city is all time low because of the over supply of residential developments, and this is the best thing a home seeker & investor looking for.
Telangana fiasco is one of the motive that can be credited for the current bleak situation in the real estate of the city. Many builders hopeful to solve this hard phase by selling their unsold units at the price which is 30% lower than the normal price there could not be an excellent time to buy a home in this city. Value of the Property in Hyderabad is just half in comparable to the metro cities like Delhi , Mumbai and Bangalore, but infrastructure of the city is much better than these metro cities.
Many posh areas of this city are offering properties at very affordable price range (Rs. 3000 – 4000 sq. ft. approx). And the best thing is that every residential option is available here like high rise apartments, secure gated independent villas, floors and plots with features of big cities like green landscape, club house, gym, swimming pools etc. Taking into consideration that Real Estate of Hyedrabad is expected to rise in the coming days, if this happen then investors will stand to advantage with bumper return on the investment.
Outstanding Road & Railway network is something that Hyedrabad can be proud of, and which other metropolitan can take inspiration from this city. Best thing is that economic development and infrastructure development of the city is adjacent with same pace. Metro Project of the city will boost the infrastructure development, which is one of the best example of biggest development under Public & Private Partnership.
With one of the best International airport (Shamshabad International Airport), educational institutions, world class hospitals, retail stores and other day to day facilities makes this city a smart real estate destination.
Ahmedabad:
Previously famous for its textile industry, now Ahmedabad is known for its flourishing real estate activities. Positioned on the bank of Sabarmati River, this capital city of Gujarat is fifth largest city in our country.
With many residential projects in the pipeline, this city will see many high rise world class project in the coming days. Even with many residential projects which gives this city an international look, Ahmedabad still keeps the old heritage and charm. Because of its wealthy historical heritage, the capital still hosts traditional Persian structural design. This city is the best example of excellent combination of old and modern arcticture.
Real estate of this city is compatible to both investors and end users. Many localities like Bopal, Motera and Maninagar etc. have experienced rise in property value in very quarter. At the same time many posh locations of the city price remains around Rs. 4000 – 5000 per sq. ft. with growing rental.
Value of residential properties in this city have experienced an amplification, which makes it a excellent destinations for real estate investors. For home seekers, it offers many options in diverse price ranges – in case of high rise apartmets, prices start from Rs 25 lacs and goes up to Rs 3 Crores.
Some of the factors about excellent infrastructure •
Sardar Vallabhbhai Patel International Airport and the Railway Station are in the range of 15 kilometers. • National Highway – 8 passing by this city connectes from Delhi from one side & Mumbai from another. • More Than 800 AMTS Buses in operation from 6 o’clock in the morning to 11 o’clock in night everyday.
Mumbai:
Mumbai a city of dreams and Financial Capital of India is also one of the best place for real estate investment. This is one of the most congested city in India, despite of this fact, regions like Wadala, Bhiwandi, Thane, Ghatkopar, Panvel, Virar and Dombivali are offering the best opportunities for the investors. The excellent rate development, connectivity to desirable locations, future planning and excellent road & railway network helped this region to be as a most desirable location for investors.
In the middle of the different real estate region, this is a very expensive city in terms of property pricing. In accordance with a recent report released by property consultancy, “as the Economic Capital of the India, Mumbai is on the top of the list of luxurious residential projects markets with twenty nine percent of its whole under construction homes priced beyond Rs 1 Crore, compared with eleven percent and five percent in the Delhi NCR and Bangalore property markets correspondingly”.
Delhi NCR:
Greater Noida and Dwarka Expressway in Gurgaon are the most capable Real Estate Destination In Delhi NCR. According to real estate expert “Gurgaon is the most attractive region in NCR for housing segment in every class and expected to observe annual growth of 15 to 20% in this year. Greater Noida has appeared as a top destination for residential projects. The value of residential projects is expected to rise 101 percent in 2015 – 16. Since 2011 Greater Noida & Noida witnessed possession of above 100000 homes.
150 meter wide Dwarka Expressway is projected to be better connectivity between Gurgaon and Delhi, which can appear as an excellent investment in both Residential and commercial real estate. As confirmed by the report, this corridor stretch has experienced a launch of luxury homes around 12000 - 15000. Because of proximity to Delhi, Metro Corridor and other infrastructure in these homes will enjoy excellent returns in a short span of time.
Bahadurgarh in Delhi NCR is also experiencing a boom in real estate field, Tata Value Homes’ new project Tata New Haven is confirmation of this fact. This pocket friendly residential project merges the righteousness of the both world to offer magnificence and serenity at the most advantageous location in Sector 37 in Bahadurgarh. This residential project not only offers peaceful, green surrounding but also brings a statement of style with excellent specifications.
