Investing
in a real estate property, be it residential or commercial, is a big decision
that requires the right amount of research on the part of the home buyer or
investor. From the area of the property to the expected returns from the
property, the investor must look into various reasons to invest in a particular
property.
That
said, the location is one of the prime factors that must be considered while zeroing
in on a residential or commercial property. Let’s take a look at the best
locations for real estate investment in India.
Gurgaon & Meerut
When
one searches for the best locations for real estate property in India, Gurgaon
and Meerut are undoubtedly the best locations. Both the locations are nearby of
Delhi. The current and ongoing infrastructural and industrial development has
made both the cities the profitable investment locations. Gurgaon is
undoubtedly the location for investment for several factors. And Meerut has
also become the best location due to the development of RRTS, Meerut.
Haryana
The
primary reasons for investing in Haryana is that it shares its borders with
Delhi from South, North, and West. Thus, it is in close proximity to Delhi. The
other reason why it is an ideal location for real estate investment is that it
is witnessing industrialization and technological development. The best cities
of Haryana for real estate are Karnal and Fatehabad. Also, both the cities are easily
accessible to Delhi with the help of good roadways and railways network. At
present, many developers in Karnal and Fatehabad are developing the best
properties with state-of-the-art infrastructure and world-class amenities.
Ahmedabad
If
the investment is to be made in a commercial property, then Ahmedabad is the
best location. It is the former capital and the largest city of Gujarat.
Infrastructure, well-built and wide roads, and proper waste management
facilities in Gujarat are the few of the many reasons why investment in this city
will be profitable. Another reason is its increasing (at a good pace) economic
value. Additionally, a few cities of Gujarat are also declared to be transformed
under PM Narendra Modi’s flagship program Smart cities.
Amritsar
One
of the best cities in Punjab for investment, Amritsar, offers good connectivity
to the capital of the country. It houses an international airport and has an
ever-improving education and healthcare facilities. Rapid industrial
development is also one reason for the investment in this city.
Now
that you know the best cities for real estate investment in India, you can make
an informed and sound decision.
