India's Top 10 Property Destinations - Page 8

India's Top 10 Property Destinations

By siliconindia   |   Wednesday, March 14, 2012   |    18 Comments

9) Mohali:

The neighboring city to Chandigarh, Mohali, offers a good scope for real estate market in India. The real estate scenario of the city is optimistic. For instance, Greater Mohali is observing prominent residential development in Landra-Mohali Road area. Adding to it are the Pan India developers like Ansals, Emaar-MGF, DLF and Unitech, who have acquired land to change the look of this area by developing mega and multi-sector residential hubs. The area is in close proximity to places like upcoming international airport and 120-acre townships with IT SEZ, according to ET Bureau.

10) Jaipur:

Jaipur, the pink city, has surprisingly made it to the list; this city is not far behind when it comes to property investments. The city hosts some of the best planned and balanced real estate developments surpassing other Indian cities in residential, commercial and retail segment, according to ET Bureau.

Another contributing factor which has led to the boom of real estate in Jaipur is that the city offers plenty options of land availability on the outskirts to address the limited land availability issues within city limits. Moreover, close proximity to infrastructure and easy connectivity to the adjacent towns of Rajasthan has made Jaipur one of the favorable real estate destinations in India.

 

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