Delhi and NCR in the north, Mumbai and Pune
in west and Calcutta in east are hot destinations to invest in the present
times. Realty experts vouch for these cities for home buying and property
investment purposes. Real Estate India in the present times is booming after a
period of lull. Business activities across these cities are growing rapidly.
Residential and Commercial properties are finding many takers.
But what about the southern cities, which
are also part of real estate India. Off late, the cities in South India such as
Chennai, Hyderabad and of course Bangalore have created a special place in the
real estate market of India. Realty experts in the country are keen on
investing in projects in these cities. Foreign investors are also tapping the
southern market like never before.
South Indian Cities offers 45% of the total
office space. This is expected to increase, particularly in cities like
Hyderabad and Bangalore where IT MNCs are setting up branches. In the realty
sector, these cities are expected of grow at about 20%.
The residential property market in India
for southern markets was resilient in the past few years. Significant sales are
recorded in Delhi-NCR and Mumbai region. But many new projects are coming up in
these cities. Bangalore is coming with new residential projects, which feature
excellent amenities. Other southern cities, which are featuring in the Real
Estate India map, are Coimbatore, Vishakhapatnam, Kochi and Mysore. These are
becoming the next hubs of real estate sector. Foreign investors have started
investing in these locations. These cities have low realty prices, which is a
good thing for investors. Nevertheless, with closeness to other big cities of
South India, these cities are soon expected to boom in the realty market.
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