Best Real Estate Hotspots To Buy A House In India - Page 4

Best Real Estate Hotspots To Buy A House In India

By siliconindia   |   Tuesday, July 16, 2013   |    12 Comments

Hyderabad
Hotspot- Gachibowli

Hyderabad, the city of Pearls, has been one of the major hubs for IT/ITeS industry, and has observed massive growth in this sector over the past decade. The city’s real estate sector is gaining popularity and developers are launching increasing number of new residential projects under affordable housing option, which has made this city as one of the favorable realty destination in India.

However, Gachibowli in Hyderabad has emerged as a major IT suburb, located about 5 km away from HITEC City, another IT hub. Both these suburbs lie in the north-west part of Hyderabad city. The area is growing at a rapid pace with multiple developments coming up. The city’s real estate is on a new high.

Read More: Island Homes, The New Paradise Of The Rich

Pune
Hotspot- Viman nagar

Pune’s Viman Nagar area has emerged as one among the top real estate hotspot in India. Good number of residential project launches has sprung up in the area over the last four years and the property prices have witnessed a sharp increase during the same time period. As a part of Pune’s suburban district, property rates in Viman Nagar has forecasted to increase by 38 percent in the coming years, according to a Knight Frank report. However, it has gained 10.3 percent appreciation over the last four years.

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