If expanding realty market in India really entices you then you can easily make your deals as plenty of locations are coming up with residential spaces that ideally fulfill the demand void. This article will explore four major states of India and will discuss about the new realty sites in each one, along with why investment here can be a wise option to consider.
Gujarat: Gujarat is a state with rich cultural values and reflects strong resonance of ethnicity and traditional notions. With so much in place, the state has gained high attention due to its realty market which has drawn developers and investors from different corners. Ahmedabad and Surat are the largest cities experiencing the property surge and have been long tailoring to the demands of paradigm population rise. Besides these two, Vadodara, another important city also grows to catch eyeballs due to several reasons. Primarily is the rising population and growing employment opportunities and secondly is strategically planned infrastructure.
Also known as Baroda, the city is the third largest and populated region of the state. Several properties in Vadodara are developed to meet the expectations of the end investors. Residential property investors here enjoy various options; on the other hand commercial players too have huge market to explore. So if Gujarat is the state, then Vadodara promises to be a new site with immense realty potential.
Maharashtra: Mumbai might be the first name which tops the list when it’s comes to high-end cities of Maharashtra. But besides Mumbai, Maharashtra have other opportunities too where the investors can keep an eye on. Mumbai due to its high population influx, huge property demand and lowering supply graph, tends to peg its properties at high prices which goes unaffordable by the ordinary investors. Therefore other neighboring cities like Pune, Thane, and Nagpur are evolving to be the major hub for commercial and residential ventures.
Bigger players like Unitech, BPTP and others have made their presence in the area and are now coming up with residential properties and commercial plans that seem to largely sum up all the demands of the end customers.
Delhi / NCR: Apart from properties in Vadodara and Pune, those who wish to expand their wealth portfolio with investment in North India, then Delhi and National Capital Region tends to supply large section of realty market that promises huge returns on the investment. With cities like Noida, Gurgaon and Ghaziabad raising their property prices, the less demanded places got a chance to seek attention of the investors. Greater Noida and Faridabad are the two important cities which are in high demand due to its large property market and constructed property available at much lower prices.
These areas tend to offer smart connectivity and strategically planned locations with all the amenities and facilities falling in the access loop of the investors.
Tamil Nadu: If down south is what your heart beats for then Chennai is the ideal city for investment. The city has outgrown to give strong competition to other cities in terms of infrastructure and robustly expanded realty market. All kinds of properties are accessible here within low prices and offers high end infrastructure. Presence of various IT companies has up-welled the commercial market here. Along with increasing opportunities and growing household income, individuals are looking for prospective sites in the nearby areas which can furnish them high returns in future. Therefore Chennai turns as an attractive realty site offering lucrative deals to the investors.
Author Bio: Subhadra Bhadauria is the dedicated writer for famous realty site, 99acres.com. She constantly keeps a tab on the rising and dipping realty to engage the readers with her articles and informs them about potential sites for investment. With several investors focusing their investments in big cities, the writer highlights new sites in four major states of India and mirrors growing realty prospects there.