India's Top 13 Residential Destinations

5) Dwarka Expressway
Where: Delhi-NCR

Dwarka Expressway in Delhi-NCR region stood at 5^th position on the list of top residential destinations in India based on investment in residential real estate segment. With the price appreciation of 108 percent during 2012-2017, Dwarka Expressway is emerging as a new residential belt. Also, Dwarka Expressway is another most preferred location to invest where housing prices are estimated to increase by 4.6 percent over the next five years. This Expressway will improve the connectivity between Delhi and Gurgaon, making the real estate boom in this area. According to the report, since 2007, total of 12,649 residential units were launched along the Dwarka Expressway stretch.

Investor returns: 22.3 percent per annum
2012 average price per square feet: 4900
Forecasted average price per square feet for 2017: 10,200
Price appreciation during 2012-2017: 108 percent
Estimated price to double in years: 4.6 percent

Also Read: Housing Prices Up in 9 Cities, Down in 11 Places: National Housing Bank