Best Property Investment Destinations in India

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Best Property Investment Destinations in India

Posted On : Nov-11-2011 | seen (615) times | Article Word Count : 617 |

Here is a list of hottest real estate investment destinations in India for best of your investment and higher ROI. Metropolitan cities such as Delhi, Mumbai, Chennai and Kolkata are among the toppers in the list.

Real Estate Investment in India has always been a good choice. There are many things that are considered by the real estate investors like the selection of the type of property, selection of the city and the selection of right property agent. But here, the return on investment mainly depends on the selection of the city for buying/selling of property. In India, there are many cities where investors can get good ROI but the selection of type of property is a constraint here.

Metropolitan Cities - Traditionally, metropolitan cities of like Delhi, Mumbai (formerly Bombay), Chennai (formerly Madras) and Kolkata (formerly Calcutta) have been hot spots for investment in the country. This was understandable, since the country had not seen such a rip-roaring success in the real estate industry before that time. In addition, domestic and foreign investors were comfortable with the idea of investing in cities with maximum connectivity in the country with well-established air, rail and road networks in and around these areas.

However, things have changed a lot, real estate investments explode like never before in Tier II and III cities. No doubt the reason for this outbreak was the overwhelming success of Indians in the service sectors such as IT, retail and manufacturing.

North India - North India boasts of Chandigarh and its peripheral cities of Panchkula, Mohali, Dera Bassi, Zirakpur, Baddi as the most expensive real estate in the country. Most luxury apartments are in the range of Rs 1 billion, 2 billion! Land for development is available only in peripheral areas and that too is at soaring prices. The northern part of the country also has the National Capital Region (NCR), covering the capital New Delhi, Faridabad, Gurgaon and Noida as major hot spots for business in residential, commercial and industrial applications. Buying a real estate greater noida can be expensive but the chances of high ROI are much more as compared to other cities.

Western India - Western India has its own success with the States of Gujarat and Maharashtra is witnessing the high development rate. The cities of Mumbai, Pune, Nagpur, Ahmedabad, Surat and Vadodara are transforming in to the modern cities of the country. These towns are historic in every sense of the term, but the authorities are determined to create a wonderful mix of tradition and modernity, where development is just as tasty with historic charm.

Though there are very less or almost no chances of loss in the real estate investment but if you choose some good real estate consultants in India for your investment, you can be sure of the high ROI.

South India - If you are looking for a holiday home then the property of Goa and Kerala are the best destinations. Of course, the price will be a little on the higher side, but the southern states of India have always been the hub of tourism in the country. If you have decided to invest in India's Silicon Valley, ie Bangalore (formerly Bangalore), think again! The housing market is out of range for the average investor. Only high-end investors can even think about having a property in this ultra-glam Indian city. Chennai is another option you can explore for residential property and industrial property.

Eastern India - Eastern India is still learning the ropes in development. Except Kolkata, most of the Indians of this region have remained largely deprived of too much development. However, with industry majors such as Posco creating their steel factory in Bhubaneswar, things are going in the wrong state of Orissa. If you want to make long-term real estate awards, then the East India is definitely a good investment opportunity.

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<h1>Best Property Investment Destinations in India</h1> Author: <a href='http://www.articleseen.com/profile_Rajesh Kumar.aspx'>Rajesh Kumar</a> Real Estate Investment in India has always been a good choice. There are many things that are considered by the real estate investors like the selection of the type of property, selection of the city and the selection of right property agent. But here, the return on investment mainly depends on the selection of the city for buying/selling of property. In India, there are many cities where investors can get good ROI but the selection of type of property is a constraint here.

Metropolitan Cities - Traditionally, metropolitan cities of like Delhi, Mumbai (formerly Bombay), Chennai (formerly Madras) and Kolkata (formerly Calcutta) have been hot spots for investment in the country. This was understandable, since the country had not seen such a rip-roaring success in the real estate industry before that time. In addition, domestic and foreign investors were comfortable with the idea of investing in cities with maximum connectivity in the country with well-established air, rail and road networks in and around these areas.

However, things have changed a lot, real estate investments explode like never before in Tier II and III cities. No doubt the reason for this outbreak was the overwhelming success of Indians in the service sectors such as IT, retail and manufacturing.

North India - North India boasts of Chandigarh and its peripheral cities of Panchkula, Mohali, Dera Bassi, Zirakpur, Baddi as the most expensive real estate in the country. Most luxury apartments are in the range of Rs 1 billion, 2 billion! Land for development is available only in peripheral areas and that too is at soaring prices. The northern part of the country also has the National Capital Region (NCR), covering the capital New Delhi, Faridabad, Gurgaon and Noida as major hot spots for business in residential, commercial and industrial applications. Buying a real estate greater noida can be expensive but the chances of high ROI are much more as compared to other cities.

Western India - Western India has its own success with the States of Gujarat and Maharashtra is witnessing the high development rate. The cities of Mumbai, Pune, Nagpur, Ahmedabad, Surat and Vadodara are transforming in to the modern cities of the country. These towns are historic in every sense of the term, but the authorities are determined to create a wonderful mix of tradition and modernity, where development is just as tasty with historic charm.

Though there are very less or almost no chances of loss in the real estate investment but if you choose some good real estate consultants in India for your investment, you can be sure of the high ROI.

South India - If you are looking for a holiday home then the property of Goa and Kerala are the best destinations. Of course, the price will be a little on the higher side, but the southern states of India have always been the hub of tourism in the country. If you have decided to invest in India's Silicon Valley, ie Bangalore (formerly Bangalore), think again! The housing market is out of range for the average investor. Only high-end investors can even think about having a property in this ultra-glam Indian city. Chennai is another option you can explore for residential property and industrial property.

Eastern India - Eastern India is still learning the ropes in development. Except Kolkata, most of the Indians of this region have remained largely deprived of too much development. However, with industry majors such as Posco creating their steel factory in Bhubaneswar, things are going in the wrong state of Orissa. If you want to make long-term real estate awards, then the East India is definitely a good investment opportunity.
About the Author: Before investment, choosing well <a rel="nofollow" href="http://www.bopgroup.in" title="real estate consultants in India">real estate consultants in India</a> and <a rel="nofollow" href="http://www.bopgroup.in/projects/residential-property.html" title="residential property in Noida">residential property in Noida</a> is the recommendation by the author. Author also suggests <a rel="nofollow" href="http://www.bopgroup.in/projects/commercial-property.html" title="commercial property in Noida">commercial property in Noida</a> to the investors Article Source: <a href='http://www.articleseen.com/Article_Best-Property-Investment-Destinations-in-India_103267.aspx'> http://www.articleseen.com/Article_Best Property Investment Destinations in India_103267.aspx</a>

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Before investment, choosing well real estate consultants in India and residential property in Noida is the recommendation by the author. Author also suggests commercial property in Noida to the investors

Keywords : Real estate investment, real estate India, real estate property, property consultants, real estate agents India,

Category : Finance : Real Estate

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