India's Top 13 Residential Destinations

9) Ravet
Where: Pune

The residential location Ravet is situated on the eastern part of the Mumbai-Pune Bypass road which is likely to become popular from the employment growth in Hinjewadi. The report stated that, in Ravet, the real estate movement in residential segment has started after 2012 and since then the area has witnessed the residential launch of around 1744 units.

Investor returns: 20.1 percent per annum
2012 average price per square feet: 3950
Forecasted average price per square feet for 2017: 7800
Price appreciation during 2012-2017: 97 percent
Estimated price to double in years: 5.1 percent

10) Hebbal

Where: Bangalore

Hebbal in Bangalore has become one of the most preferred residential hotspots which has ranked 10^th on the list of top residential destinations. Even during sluggish real estate condition, Hebbal in Bangalore has witnessed healthy real estate movement. The residential market in Hebbal has gained popularity with the establishment of Bengaluru International Airport. Around 721 residential units launched in Hebbal, out of which 233 units are sold in last 21 months alone.

Investor returns: 19.3 percent per annum
2012 average price per square feet: 4250
Forecasted average price per square feet for 2017: 8230
Price appreciation during 2012-2017: 94 percent
Estimated price to double in years: 5.3 percent

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