4 Real Estate Micro-Markets in India that Are an Investment Hotbed Right Now
Real estate investment requires a lot of study
and smart decisions to reap benefits. As it turns out, the real estate market
trends are quite like the workings of the stock market. You may invest in some
stocks even though the opportunities in the sector look rather bleak. Likewise,
in the real estate sector you’d be better off investing on a micro level as
opposed to the broad real estate market. Certain projects in the major cities
and outskirts like flats for sale in
Navi Mumbai can still yield good returns. Consider these 4 real estate
micro-markets in India for investment:
Leasing Activity – Bangalore
Also known as the Silicon Valley of India,
Bangalore remains THE hub for real estate investment. Even though the IT sector
is going through a rough patch, the value of residential and commercial real
estate remains promising. In fact, the city grossly absorbed 36% of the total office
spaces across India. The supply is high, and the market estimates confirm that
leasing activity will grow through 2018 and beyond. Places like Marathahalli
and Whitefield, right next to IT hubs have witnessed a 9.5% and 9.2% yearly
growth per square foot, respectively.
Suburbs of Chennai
Chennai as a city is known to be
disinclined towards high-priced real estate. Old Mahabalipuram Road along with
Grand Trunk Southern Road are the hubs of real estate activity in the city.
Real estate activity in the city is directly proportional to the availability
of jobs, which is running low.
Avadi, for that matter, has been the centre
of attention of the real estate investors. It is located in the Tiruvallur
district and it is easily reachable, which is one of the reasons for popularity
among investors. Areas in Kanchupram are interesting options as well, where
prices are reasonable even thought it’s a well-established area.
Navi Mumbai – Great Connectivity
The benefits of a town like this is great
connectivity and good infrastructure. Once the Navi Mumbai airport is
completed, the connectivity will increase in addition to the already surging
interest of buyers in a 10 kilometres radius. Reasonable prices have attracted
IT companies to invest in areas like Airoli and Vashi in Navi Mumbai. Ulwe is
another low-cost location in Navi Mumbai where investors are investing since it
is in proximity to the Belapur district. These areas offer a great opportunity to
invest in apartments in Mumbai.
Noida – Upcoming Airport
It is no secret than Noida and Greater
Noida are doing better than Delhi in terms of real estate. The increased
connectivity with the new Metro line has reduced the travel time between South
Delhi and Noida and people are finding it lucrative to invest there. The other
important factor is the government’s revived interest in completing the airport
in Jewar. Moreover, the Greater Noida and Jewar high-speed metro link is being
expedited translating into impeccable connectivity.

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