Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Which is the best city to invest in real estate in India?

26-02-08

Hi all,
India is being acknowledged as the one of the fastest growing economies in the world and in this current economic scenario, real estate has emerged as one of the most appealing investment areas for domestic as well as foreign investors.Its very difficult for one to decide where to invest in India.I have given few of my inputs below:
Over a long period of time Noida has amazed everyone around the neighborhood to look at this place with flabbergasted expressions. Truly, since 1976 the Noida authority has left no stone unturned and let the entire nation look at it with spectacled eyes. But things have moved on and today it is Greater Noida which has changed. Greater Noida Industrial Development Authority (GNIDA) falls within the National Capital Region (NCR) of India’s capital,New Delhi, and is adjacent to Noida, one of the largest industrial townships in Asia. It conceptualises the needs of a fast developing city of the future.

Better known for its annual Suraj Kund Mela and perhaps the Badhkal Lake, Faridabad chose to step aside .Content with its status as an industrial and residential satellite town for those who could not afford Delhi land rates,

Faridabad made no attempt to woo the IT and MNC s setting up base in its neighborhood.

Nagpur is presently booming in terms of Real Estate and is expected to escalate further with the advent of various IT companies and flow of Foreign Direct Investment in huge amounts. With the entrance of the large number of IT companies into the city, the Real Estate prices of both commercial and capital values are likely to rise high.

26-02-08	#15
riathareja Unregistered User Posts: n/a	Re:Which is the best city to invest in real estate in India? Hi all, India is being acknowledged as the one of the fastest growing economies in the world and in this current economic scenario, real estate has emerged as one of the most appealing investment areas for domestic as well as foreign investors.Its very difficult for one to decide where to invest in India.I have given few of my inputs below: Over a long period of time Noida has amazed everyone around the neighborhood to look at this place with flabbergasted expressions. Truly, since 1976 the Noida authority has left no stone unturned and let the entire nation look at it with spectacled eyes. But things have moved on and today it is Greater Noida which has changed. Greater Noida Industrial Development Authority (GNIDA) falls within the National Capital Region (NCR) of India’s capital,New Delhi, and is adjacent to Noida, one of the largest industrial townships in Asia. It conceptualises the needs of a fast developing city of the future. Better known for its annual Suraj Kund Mela and perhaps the Badhkal Lake, Faridabad chose to step aside .Content with its status as an industrial and residential satellite town for those who could not afford Delhi land rates, Faridabad made no attempt to woo the IT and MNC s setting up base in its neighborhood. Nagpur is presently booming in terms of Real Estate and is expected to escalate further with the advent of various IT companies and flow of Foreign Direct Investment in huge amounts. With the entrance of the large number of IT companies into the city, the Real Estate prices of both commercial and capital values are likely to rise high. Last edited by julie; 27-02-08 at 05:10 PM.