India's Top Residential Locations To Invest In Real Estate Property

Owning a house in the upscale neighbourhood is the dream for everyone. Having a property in one of the prime locations is likely to cost a fortune.

The Indian realty market has witnessed a lot of investments from major realty barons in India such as DLF, Shobha, Raheja, M3M, Unity groups and many more.

The rise in urbanisation and economic prosperity supported with significant infrastructure developments has triggered developments across the real estate spectrum.

Most of the cities in India with a growing IT sector are attracting investments in real estate. Hence, real estate developers are coming up with projects to fulfil the lifestyle needs of buyers.



Below are India’s top locations to invest in the residential property markets:

Hyderabad
Hyderabad, the IT/ ITeS industry has given impetus to the real estate sector. With well-developed residential localities like Manikonda, Kukatpally, Miyapur and Sainikpuri it is considered as one of the most premium cities in India.

Pune
Over the last couple of years, Pune has recorded rapid growth in development in the housing segment. It is perhaps one of the best city to live in. With more promising infrastructure development, Pune offers better standards of living than any most other metro cities.

Navi Mumbai
Over the last few years, the real estate market in Navi Mumbai and surrounding areas have shown impressive growth, largely because of the planned development of the area. Few locations such as Panvel, Khargar and Vashi has changed the skyline of Mumbai. These regions also have good connectivity with other parts of Mumbai, which makes it a preferred destination for prime property seekers.

Bangalore
A fast-developing city with many influencing growth drivers in place. It has progressed tremendously on the residential as well as the retail fronts and is considered one of the most critical real estate destinations of South India. The localities of Bangalore such as Sadashiva Nagar, Indiranagar, Whitefied etc. have emerged as one of the favourite investment destinations in the country. The city holds great potential and promises good returns on investment.

Delhi, NCR
Gurgaon is an emerging residential neighbourhood of NCR which has a very high demand for residential properties. The city is well connected to prime locations such as Dwarka Expressway, Sohna Road, Gurgaon, Noida. The city has many projects that cater to the demands of the middle and urban middle-class income group. Infrastructural developments such as the extension of the Metro Rail, IGI Airport and the widening of the NH 8 will further boost the real estate market in Delhi/NCR.

Ahmedabad
The rapid infrastructural projects of the Ahmedabad-Gandhinagar metro link is expected to raise demand for property around this area. The petrochemical industries and automobile manufacturing industries are some of the significant factors driving perennial growth of the city and have also given a boost to the real estate sector in the city. A range of housing options in the neighbourhood of Ahmedabad such as Gota, Bopal, Satellite etc. have attracted investors and homebuyers.

If you are searching to invest in the housing segment, then this article would help you to find the best locations. Do share your thoughts in the comment section below.

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