15 Best Locations to Buy Home in India in 2013

4) Noida Extension, Delhi-NCR

"It is the most attractive location in the NCR for affordable housing and is expected to see yearly growth of 15-20 per cent in the next five years," said Aniruddh Wahal, co-head, occupier services, DTZ India, a real estate consultancy, reports Business Today.

Noida Extension has emerged as one of the best location to invest in residential segment as the housing prices are likely to jump by 111 percent during 2012-2017. This area is a piece of Greater Noida and the name Noida Extension came in because of the proximity with the Noida City Centre. Property prices might shot upto 6760 per square feet from 3200 per square feet, which is the existing rate currently.

5) Dwarka Expressway, Delhi-NCR

"Its proximity to the capital city and the international airport gives it an edge over other emerging destinations such as Noida-Greater Noida Expressway, Yamuna Expressway, Bhiwadi and Dharuhera," said Wahal, reports Business Today.

With the price appreciation of 108 percent during 2012-2017, Dwarka Expressway is emerging as a new residential belt, according to Knight Frank. This Expressway will improve the connectivity between Delhi and Gurgaon, making the real estate boom in this area.