11 hot emerging cities - Indian Real Estate Forum

Rashmi · 25-09-07

It's not just the metros that are hot opportunities for real estate investment. A report by FICCI and Ernst & young bets on 11 emerging cities as destinations for future property investment.

Surat tops the list among emerging markets for real-estate investment. It is mainly because of increased residential activity in localities of Vesu and Damas. The Gujarat government recently signed MOUs worth Rs 1,418 crore with developers to build integrated townships in Surat and land prices have risen by 30 to 50% over the past year.

But even though Chandigarh land prices have recently fallen, the study is upbeat about it and the peripheral areas of Mohali and Panchkula. With infrastructure investment of Rs 4,332 crore planned, real-estate activity will take off in Chandigarh.

Leveraging on the upcoming Mihan project, Nagpur as another good bet for property investment. Land prices around this project have risen 250 to 300% in the past 18 to 24 months. Nagpur is a favourite among IT companies after Mumbai and Pune.

The FICCI-E&Y study also highlights Vishakhapatnam, Vadodara, Jaipur and Tiruvanthapuram as future cities for property investment, followed by Kochi, Nashik, Indore and Ludhiana.

11 hot emerging cities:

Surat
Chandigarh (Mohali, Panchkula)
Nagpur
Vishakhapatnam
Vadodra
Jaipur
Tiruvananthapuram
Kochi
Nashik
Indore
Ludhiana

News Source: moneycontrol.com

keyur patel · 27-09-07

I Have Been Trying To Work Out Some Strategy In Vadodara Since Long But Do Not Have Any Which Side Of Vadodara Is Going To Have Better Development.in Fact There Is Not Much Activity Happenning At Root Level So It Is Rather Confusing.it Will Be A Great Priviledge If You Can Guide Me,is Anything Going To Happen About I.t Hype In Vadodara.

23-10-07

What are the rates at which Nagpur's real estate has appreciated? Is it a good destination to buy property?

Ace Ventures · 29-10-07

Great Information!

Could you suggest an immediate investment proposal with returns of atleast 35% pa.

25-09-07	#1
Rashmi Member Join Date: Nov 2006 Posts: 91 Likes Received: 1 Likes Given: 0	11 hot emerging cities It's not just the metros that are hot opportunities for real estate investment. A report by FICCI and Ernst & young bets on 11 emerging cities as destinations for future property investment. Surat tops the list among emerging markets for real-estate investment. It is mainly because of increased residential activity in localities of Vesu and Damas. The Gujarat government recently signed MOUs worth Rs 1,418 crore with developers to build integrated townships in Surat and land prices have risen by 30 to 50% over the past year. But even though Chandigarh land prices have recently fallen, the study is upbeat about it and the peripheral areas of Mohali and Panchkula. With infrastructure investment of Rs 4,332 crore planned, real-estate activity will take off in Chandigarh. Leveraging on the upcoming Mihan project, Nagpur as another good bet for property investment. Land prices around this project have risen 250 to 300% in the past 18 to 24 months. Nagpur is a favourite among IT companies after Mumbai and Pune. The FICCI-E&Y study also highlights Vishakhapatnam, Vadodara, Jaipur and Tiruvanthapuram as future cities for property investment, followed by Kochi, Nashik, Indore and Ludhiana. 11 hot emerging cities: Surat Chandigarh (Mohali, Panchkula) Nagpur Vishakhapatnam Vadodra Jaipur Tiruvananthapuram Kochi Nashik Indore Ludhiana News Source: moneycontrol.com

27-09-07	#2
keyur patel New Member Join Date: Sep 2007 Location: VADODARA,GUJARAT Posts: 1 Likes Received: 0 Likes Given: 0	HI I Have Been Trying To Work Out Some Strategy In Vadodara Since Long But Do Not Have Any Which Side Of Vadodara Is Going To Have Better Development.in Fact There Is Not Much Activity Happenning At Root Level So It Is Rather Confusing.it Will Be A Great Priviledge If You Can Guide Me,is Anything Going To Happen About I.t Hype In Vadodara.

23-10-07	#3
PropertySearch Unregistered User Posts: n/a Likes Received: Likes Given:	Is Nagpur a good destination to buy real estate? What are the rates at which Nagpur's real estate has appreciated? Is it a good destination to buy property?

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29-10-07	#4
Ace Ventures New Member Join Date: Oct 2007 Posts: 16 Likes Received: 0 Likes Given: 0	Great Information! Could you suggest an immediate investment proposal with returns of atleast 35% pa.