Promising Real-estate Destinations for Property Investment

Bangalore: In realty market, for every property investor, there are some bets such as where to invest? Which housing market offers better prediction? The Indian realty market is one of the fastest growing markets, which is noticing a several changes by following the new government elections and upturn in demand.

Emerging Trends in Real estate Asia pacific 2015 report says that Mumbai, Delhi and Bangalore are the real estate Hotspots of 2015 for property investment and the rankings of these cities have improved. In a 2014 report Mumbai stood in 23^rd position and in 2015 it occupied the 11^th position where Delhi and Bangalore was placed at 21 and 20^th position in 2014 and 14^th and 17^th positions in the 2015 report.  

Indian investors may still feel these property markets are high end housing markets as of economic commotion. In addition, the Knight Frank Consultancy Report says that Mumbai is the most expensive city for property investment. Along with these property markets, there are few more markets, which could see faster appreciation in capital values and deliver higher returns on property investment. Here are the few more markets to watch in 2015 for property investment.

Pune:

By offering an unsurpassed real estate investment option, Pune stood as a good investment hotspot for property investment even in challenging environments. Information Technology is the lodestone for realty boom in this place as it provides job opportunities like Bangalore, Hyderabad, Chennai and Many others.  

Pune is expected to witness a surge of property investors. In Pune, localities like Kalyani Nagar, Wakad, Aundh, Baner, Charoli, Wagholi, and Pimple Nilakh are emerged as a real estate destination offering better returns by owing a rapid social infra development.  For property investment, Vimana nagar is the prime locality as it is sited close to Airport, IT hubs, railway stations and many others. In addition, more new residential projects are coming up in this area.

Ghaziabad:

Real estate in this area is flourishing along two national highways NH-24 and NH-58. Proximity to Delhi and Noida, Good infrastructure development made this congested district into a best property investment destination. In Ghaziabad Vasundhara, Vaishali and Indirapuram are undergoing a residential development at a large pace. Around 2440 residential property units are expected to complete by 2015.

Due to the metro link approval many localities are witnessing property development activities. Presently, localities along with NH-58 are overseeing a residential development, namely Raj Nagar Extension, Govindpuram, Bapundham, Madhuban and Morta.

Kochi:

Kochi is one of the emerging cities where urban lifestyles are included with city tradition. Improved connectivity with Mobility Hub at Vytilla and Development of IT/ITES projects like Kochi smart city have invigorated the real estate boom with a number of property investments. With the augment of migrant individuals to the city, the peripheral localities like kakkanad, Vytilla, Palarivattom, kadavanthra and Edappally are also undergoing development.

There is a strong demand for budget housing in this place, the localities which offered luxury multi storey apartments are also witnessing an arrival of mid level segment housing projects. Kochi became as a good property investment option for NRIs.

Gurgaon:

Being as a home for multinational companies, quality Hospitals, Ritzy malls, five star Hotels and swanky apartments Gurgaon has turned as a most sought after real estate destination for property investment in NCR. During the past financial assessment period, Gurgaon witnessed an average growth rate of 6 percent, which is more than other metro cities.

Proximity to Capital City - Delhi is the prime reason for such progression. The individual, who invests in residential or commercial property, undoubtedly can get better returns. Due to the changing market trends, major multinational communal are looking for commercial property investment in Delhi, but the national capital was almost covered and they choose Gurgaon as a good alternative as it has vast tracts of unused land. National Highway 8, Golf course Extension Road, Dwaraka Expressway and Sonha Road are the major localities that are witnessing an exponential growth in realty demand.

Noida:

As the realty boom is in turn in NCR, a well planned city Noida is emerging as one of the sought after real estate destination for property investment. The fast pace of infrastructure development, Shifting trend, proximity to the national capital, vast amount of open areas and good connectivity to major areas had uplifted the property investments in Noida. Many Major multinational corporations are setting their footprints and offering exclusive job opportunities.

Due to the blended features, Noida become as one of the most important industrial, corporate and residential Hub of India. In the NCR, Noida and Gurgaon have more option than other cities. On lower property investments, Noida promises a better return and appreciations.