Best Cities In India Where You Can Invest In Real Estate
Indian real estate has endured a sea change in terms of the policy, factors influencing, rules, decision making from an investment perspective in the last 10 years. Generally, the perception of the real estate market is under regular control since 2014–15. The market that was once largely unregulated is more controlled and streamlined by the RERA (Real Estate Regulatory Authorities) of various states of India. Large-scale restrictions have been imposed to focus on completing diversion of all funds from all related projects.
Therefore, the market has changed from investor-driven to end-user. Gone are the days, when an announcement or positive rumor in the context of any policy or infrastructure led to a bounce in the market with share prices.
In the current market, thanks to RERA (Real Estate Regulatory Authority) and other policies and regulations, all end-users or investors are making good informed decisions. In this changing world of real estate, assets with the potential for good returns tend to excel.
Instead of the whole city, potentially good physical infrastructure, good social importance, proximity to economic centers and connectivity to transport hubs or corridors will fetch good returns.
Best Cities To Invest In Real Estate In India
Based on most of the fundamentals mentioned above, the following places can be promising in terms of return on any investment.
1. Panathur – Thanisandra and Varthur Bangalore City
2. New Gurgaon (Sector 81 to Sector 95) And Golf Course Extension Road in Gurgaon
3. Ulwe, Madh Marve, and Majiwada – Kasarvadavali in Mumbai
4. Puppalguda – Narsingi in Hyderabad
5. New Airport Road – Vishrantwadi and Viman Nagar in Pune
6. Guindy – Alandur cluster in Chennai
Thus, you should ensure this on your list before investing in real estate next time.