Ruthrbns

The best way to choose a place is considering lot of factors such as location,ROI in that area and the initial investment needed.The registration fees has shot up so high that it is quite difficult to buy a flat in any of the metropolitan cities.

vikasginni

I feel there is no point in investing in big cities like Delhi & around Delhi, Bangalore, etc. in 2008. To maximise capital gains, we should buy land in cities which will boom in the near future. Keeping this in mind, if I still wish to buy in Gurgaon, which sector I should buy in now so as to maximise my capital gains? I want to buy land, so that I can build my own house if I wish to relocate back to India.
Or can someone point me to similar areas in North India which will boom in the next 1-5 years?

jgd1234

Forget about Faridabad,Noida,Jalalbad,Hyderabad ,#$# ,....etc.

It's all a lot of noise.What's there in Nagpur isn't there anywhere in India.

Just consider this.Nagpur is the center of:

a)India-All the rail and road routes between north and south and between east and west cross nagpur.
b)Nagpur is also the central point between the various air routes like
South Africa and North East asia, Russia and south east Asia, Europe
and South East Asia, Europe and Australia..daily 350+flights overfly nagpur.

All these factors have led to development of India's one and only

1)Multi Modal Hub Airport at Nagpur-MIHAN project
2)CARGO HUB
3)Special economic zones in different fields
a)IT software
b)Hardware
c)Food processing
d)Textile
e)Gem and Jewellery
f)Manufacturing
g)Health city
h)Pharmaceuticals
i)Bio-Medical sector

MIHAN is a project one of its kind in the heart of India. Spread over an
area of 4025 Hectares. The Multi-modal International Hub Airport at
Nagpur, would not only play a major role in the development of
Vidarbha region but will benefit the state and the country as a whole.

MIHAN is an Ideal business hub, centrally located and easily accessible
to all the metro cities of India. A final destination for all business
related needs, supported by excellent infrastructure, easy and fast
procedural systems and continuous support and service through one
window operation.

All the above developments are turning Nagpur into India's One and only:

Watch Movie on Mihan:

http://www.youtube.com/watch?v=RF1s6rKqv00

www.madcindia.org

MULTIPLE HUB INTERNATIONAL METRO CITY HAVING:

CARGO HUB
ECONOMIC HUB
IT HUB
AVIATION HUB
HOSPITALITY HUB
EDUCATION HUB
LOGISTICS HUB
INDUSTRIAL HUB
EMPLOYMENT HUB

Present status:

CARGO HUB

4311 HECTARES CARGO HUB
ALREADY 1500 CORES SPENT
90 % ROAD NETWORK COMPLETED

ECONOMIC HUB

RELIANCE, K. RAHEJA, HCL,GITANJALI,ASCENDAS, IS
COMING WITH SEZ
ALMOST 4000 HECTARES SEZ IN AND
AROUND NAGPUR

IT HUB

DLF AND MANTRI GROUP ALREADY
STARTED IT PARK CONSTRUCTION
MORE THAN 500 IT COMPANIES LAUNCHING
IN AND AROUND NAGPUR

AVIATION HUB

BOEING IS COMING WITH MAINTAINANCE AND
REPAIR CENTER WITH$100MILLION INVESTMENT
LOOKING AT OPPRTUNITY AIRBUS IS TRYING
TO GRAB IT
ALSO 100 ALLIED AVIATION INDUSTRIES
ENTERING IN AND AROUND NAGPUR

LOGISTICS HUB

TO SUPPORT CARGO HUB MORE THAN
10000 LOGISTICS COMPANIES WILL SET UP
AROUND NAGPUR WITHIN PERIPHERY OF
50 KMS

INDUSTRIAL HUB

BUTTIBORI IS ASIA’S LARGEST INDUSTRIAL ESTATE WITH
PRESENCE OF INDORAMA, MORARJI,ACC,ELECTROLUX
AS VIDHARBHA IS COTTON BASE AROUND 50 TEXTILE
RELATED COMPANIES LO0KING FOR BASE IN AND AROUND
NAGPUR

EMPLOYMENT HUB

BECAUSE OF ALL MENTIONED ABOVE,
NAGPUR WILL BE THE EMPLOYMENT HUB
WITH MORE THAN 28 LACS JOB
OPPORTUNITIES

MAJOR COMPANIES INVESTING IN NAGPUR

BOEING
AIRBUS
DLF
OMAXE
PARSHAVANATH
KALPTARU
HCL TECHNOLOGIS
K. RAHEJA
SHAPOORJI & PALONJI
SATYAM TECHNOLOGIES
L & T INFOCITY
D.Y. PATIL INTERNATIONAL SCHOOL
WIPRO COMPUTERS
SOHAM GROUP
GATI CARGO
RELOGISTICS
TNT LOGISTICS
DHL
BLUE DART
PRAKASH AIR FRIEGHT
MAERSK
NARSEE MONJI
SYMBIOSIS
MAGNUM EDUCATION
I.M.T.
TCS
INFOSYS
GITANJALI GEMS AND JEWELLERY

Nagpur city will be an international metro city within the next 5-7years
witha population of more than 75lakhs from the current 35lakhs.

Look at the property price rise in Nagpur in the last few years:

Avg:64%per annum
500 TO 1500% last one year alone around the MIHAN project
20% per month around BUTIBORI industrial estate since 1997!!

CURRENT LAND PRICES:

The land investment in Nagpur is still very very attractive because the land is available for 250 to 1000rs per sq.ft in the vicinity of these projects.

FUTURE PROSPECTS:

One can expect atleast 100%per annum growth for the next 10years or so.

diptithakkar

As my openion...... Gujarat is the best

We are proud to see the Indian economy growing at over eight percent, and the biggest growth center of this economic climb is Gujarat that has ended the year 2006-07 with a growth rate of more than 12 per cent.The biggest city of Gujarat is Ahmedabad, which was recently declared as a Mega City, is the epicenter of growth in Gujarat. With large projects lined up by the big czars of Indian corporate, the job opportunity in Ahmedabad and other major cities of Gujarat is huge.

arin_12

Hi to All NRI,
Please don't screw up Indian Real Estate Market. Its already went up every where. Becos of you people we Indian Being In India not able to purchase houses/home. Being a outsider Invest in the Country where you are at present. You people buy only for Investment and Increase the Price of the Real Estate. But never build or stay in your Invested plot.

And for your Kind Info Real Estate In India too is crying.

Thanks,

hemachandu

hello everybody,
i heard there's a petro hub comin to Vizag.any idea which area.is it good to buy a land near that area or its not favourable to live the hub .will it cause a pollution n make living unfavourable?

can u suggest which area in vizag would be best place to invest.

jyotibakshi

Hiranandani Palace Gardens, a township by Hiranandani is a good investment option in Chennai. They started selling at the rate of Rs 2100 per sq. ft and now the rate is 3400. The project is near the new business corridor with just 12 kms from proposed international airport. The investment will reap terrific returns in two years.

jyotibakshi

Hi Amdavadis,

Could you please tell me what is the preferred residential option in Ahmedabad, flat or bungalow? Also, a 30 storey building is preferred or a 10 storey building?

Yuvaraj

Before you look at Hiranandani Palace Gardens, just ensure that you do your homework. There is a separate thread here for that.. the project was launched 15 months back at 2400 and has been artificially hiked. forget foundation, they havent even have govt. approvals in place and now are quoting 3400 for the same ? Besides you have a two year lock-in period... The most anticipated Market crash would happen only because of greed of builders like this...

maxcapri

I am quite amazed to see noone has mentioned ghaziabad in here...esp places like crossings republic and raj nagar extn...whr u can get flats for lesser than 2000 psf...