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.

Comments

Popular posts from this blog

Housing Sales Rise By 14% In January-March

Best Tips To Buy Your Home Post Pandemic

2023- Design Trends That Have Been Shaped By Our Experiences!