Best Cities in India to Invest in Real Estate

 

The Indian real estate market has undergone sea change in terms of regulations, policy, investment perspective and factors affecting decision making in last 5 years. The real estate market sentiment is subdued since 2014. The market which was once largely unregulated is now more streamlined and controlled by Real Estate Regulatory Authorities (RERA) of various states. The diversion of funds from any concerned project has been largely restricted to ensure focus on completion. Also, the market has transformed from investor driven to end user driven. Gone are the days, when even an announcement or positive rumour regarding any infrastructure or policy initiative made the market bounce like stock prices.

 

 

 

 

 

In the current market, thanks to RERA and other regulations, the investors or end users are taking informed decisions. In this changing world of real estate, the property that holds potential of better returns tends to excel. Instead of the entire city, locations that have potentially better social significance, physical infrastructure, proximity to economic centers and better connectivity to connectivity to transportation corridors or hubs will fetch good returns.

 

 

Based on the above mentioned fundamentals, following area can be promising in terms of returns on investment:

 

 

 

 

 

1.       Madh Marve, Ulwe and Majiwada – Kasarvadavali in Mumbai

 

 

2.       Panathur – Varthur and Thanisandra in Bangalore

 

 

3.       New Airport Road – Viman Nagar and Vishrantwadi in Pune

 

 

4.       New Gurgaon (Sector 81 – 95) and Golf Course Extension Road in Gurgaon

 

 

5.       Guindy – Alandur cluster in Chennai

 

 

6.       Puppalguda – Narsingi in Hyderabad

 

 

 

 

 

The next time you look for investing in real estate, make sure to have these on your list.

 

Disclaimer : The information in this blog is for general purposes only and may change without notice. It does not constitute legal, tax, or financial advice. Readers should seek professional guidance and make decisions at their own discretion. IIFL Finance is not liable for any reliance on this content. Read more