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Which is the best city to invest in real estate in India?

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Which is the best city to invest in real estate in India?

Last updated: April 9 2010
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  • Which is the best city to invest in real estate in India?

    Which is the best city to invest in real estate in India to make some good money? I am trying to locate and list the areas in India which are good for investment and are coming up as attraction for Indian realtors. Any one with any point of view are welcome to post your preference. Its just perspective that matters
  • #2

    #2

    Re : Which is the best city to invest in real estate in India?

    Good Investment Destinations...

    Hi Dewakar,

    I am a Realtor based in Andheri (W), Mumbai.

    I had recently visited Nagpur in reference to a inspection of a couple of Plots, and to my view, it would be one of the most advisable place to enter now as far as land acquisition is concerned.

    MIHAN, which is the Cargo project coming up in the vicinity of the Airport along with SEZ's and IT and Hotels seems to be a very promising project and much awaited for booming India's Air Cargo requirement. Work is progressing very fast there.

    I believe Chandrashekhar was in charge of the Municipal Corporation in Nagpur for a few years and hence the Infrastructure is clearly visible and better than what you can see in other Tier II & Tier III cities in Maharashtra.

    Other good options are Nasik and Ghazibad.

    Best regards,
    Dhiraj Mandal

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    • #3

      #3

      Re : Which is the best city to invest in real estate in India?

      welcome to the forum dheeraj

      Nice to see u here dheeraj
      Look forward to more of ur contributions here
      Ram
      Ram

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      • #4

        #4

        Re : Which is the best city to invest in real estate in India?

        Hi Dhiraj,

        Very useful information.
        Even i am planning to invest in some residential property but can't decide which city to choose?

        Can you please tell me that what are the existing rates in nagpur for a residential apartment?

        what are the best areas in nagpur to invest for short term and what procedure should i follow?

        how much appreciation do u see there in coming year?

        Thanks in advance!

        Comment

        • #5

          #5

          Re : Which is the best city to invest in real estate in India?

          Hi Deewakar,
          We can understand its always a big question where to invest. There are just few basic things to take care of primarily.
          First ,is it a short term investment or...?
          If the area/ city/ location we have shortlisted is new born or grown up?
          Budget ?
          Which city you are living right now?

          and few more things...

          Staying in kashmir one can not think of (rather should not)investing in kanyakumari.

          You need to discuss your specific need, budget etc before any one could advice you on this issue.

          Malvinder
          (Chandigarh)
          Last edited February 22 2007, 12:42 PM. Reason: No personal contact info, plz

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          • #6

            #6

            Re : Which is the best city to invest in real estate in India?

            Best place..in my opinion ... Faridabad

            Dewakar

            Based upon my personal opinion, I think Faridabd is the best and only way to go in the NCR (National Capital Region) if you are really willing to get the best out of your investment. I am based in US and am working as a S.W professional and have plans to settle down in India soon. I did substantial research and finally ended up investing in Status Expandable Villa in Sector 49, Faridabad in 2005. The prices have extremely gone up since then and am very happy and satisfied with the choice I made. Especially, as the city continues to develop with all the upcomming malls and other places of commercial interests, the prices are bound to go up a lot more. So my piece of advice for your peace of mind is FARIDABAD.

            By investing in Faridabad, you can easily double-tripple your investments over the period of time. Especially with the common wealth game comming up in 2010. Atleast that is what I have been experiencing. I made my investment around the end of 2005 and started to see the results in the begining of 2006 and the trend has continued since then, as Faridabad continues to grow and develop.


            That's my 2 cents of suggestion.

            God Bless!!!!!!!!!

            Comment

            • #7

              #7

              Re : Which is the best city to invest in real estate in India?

              Real Estate In Coimbatore Tamilnadu

              Coimbatore is one of the Investment destination in Real Estate. Today DrAbdul Kalam and Chief Minister Sri.M,Karunanidhi are in Coimbatore to inaugurate the New Tidal Park Scheme. Already WIPRO, SATYAM other companies acquires land in and around coimbatore City.
              Last edited February 26 2007, 09:10 AM.

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              • #8

                #8

                Re : Which is the best city to invest in real estate in India?

                Need some info on Coimbatore real estate market

                Hi Rasiappan or anyone from Coimbatore..

                I am intereted in buying a property in CBE and what would be the decent neighbourhoods and the current market rate info would be required.

                I was told about Kovaipudur.. how good is it? please provide some info for me to consider CBE.

                Thanx,
                Priya.

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                • #9

                  #9

                  Re : Which is the best city to invest in real estate in India?

                  best city real estate

                  Originally posted by dewakar View Post
                  Which is the best city to invest in real estate in India to make some good money? I am trying to locate and list the areas in India which are good for investment and are coming up as attraction for Indian realtors. Any one with any point of view are welcome to post your preference. Its just perspective that matters

                  The best City to invest in real estate is Kochi, Kakkanad (Dubai Internet City, Vallrpadam Container Transhipment Terminal ...... ... )

                  Comment

                  • #10

                    #10

                    Re : Which is the best city to invest in real estate in India?

                    Thinking of noida gurgaon and ghaziabad would not result good. next option in NCR is faridabad and possibly in the newer locations that are not developed as faridabad is the industrial hub and land is real scarce.

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