Residential Property in India Best Places To Invest
As far as investment options are concerned, property remains the favourite among Indians. Compared to other investment alternatives, property in India is more or less stable which makes it so popular. This article aims to shed light on some favoured destinations among developers and end users as far as Residential Property is concerned.
Residential Property In Mumbai As far as locations in Mumbai witnessing high demand by residential buyers is concerned, the western suburbs features on the top of the list. As per the 2012 figures, prime residential locations in western suburbs such as Bandra, , Khar, Juhu, Santacruz, Andheri witnessed a significant rise of about 6%. The western suburb region also saw the launch of big projects like “Imperia” by Raheja Universal, “ITC Glory” and “Aquino” by Rohan Lifescapes.
Residential Property In Delhi South Delhi ranks on the top of the list as far as highly demanded residential properties in Delhi are concerned. Locations like Aurangzeb Road, Golf Links, Chanakya Puri, Shanti Niketan, Westend, Prithviraj Road, Jor Bagh and Sunder Nagar have consistently witnessed a high demand. Other locations like Greater Kailash I & II, Friends Colony, Maharani Bagh, South Extension, Anand Niketan, Vasant Vihar Panchashila, Anandlok, Niti Bagh, SDA witnessed an appreciation of 7%.
Residential Property In NCR Gurgaon & Noida remain the two most popular realty destinations preferred by residential buyers in NCR. Many reputed developers like DLF, Krrish Group, Emaar MGF, India Bulls Ltd, Imperia Group, Supertech Ltd, Victory Infra Tech., Rajput Group, Unnati Fortune Holdings Ltd, etc. have launched residential projects in these locations.
The state government has allocated substantial funds to develop the infrastructure as well as connectivity in these locations. Some examples of the infrastructure projects include developing the sewage and water supply systems, building bridges & expressways, and improving the road way network, etc.
Residential Property In Bangalore As per the figures collected in 2012, Bangalore is the centre of interest of residential buyers looking for affordable housing. Lately many residential projects aimed at middle income buyers have been launched in the realty market in Bangalore. Some reputed realty developers active in the realty market here include Godrej Properties, ETA Group, Skyline Developers, Shipani Builders, etc. Property rates in locations like Central, Koramangala, Cooke Town, Yelahanka and Palace Orchads saw an appreciation of about 5%.
Besides these, several other locations like Chennai, Kolkata, Hyderabad, Pune, etc. are also receiving much attention from end users and investors looking to invest in the best residential properties.
