Monday, February 22, 2016

10 reasonably-priced property markets of India

With real estate prices shooting up, people are wondering which places have affordable properties. Check out some affordable property markets in India.

The metropolitan cities of India are considered to be the center of the country’s economy and cosmopolitan culture. They draw the most demand for providing better opportunities, infrastructure, and standard of living. Due to rapid urbanization, these cities are facing the challenges of high property prices, pollution, and traffic issues. Infrastructural developments support towns and cities with emerging or growing sub-markets. Here are some cities that offer real estate at a lower budget.

  • Hyderabad, Telangana

After the slump due to the global recession, Hyderabad’s real estate market is all ready for an upswing. Due to a thriving economy and dynamic workforce, along with redevelopment of plots in Shankarpally, the city is turning out to be a buyer’s market. People are witnessing a growing demand for residential, commercial, and retail plots in Hyderabad. Compared to other cities, Hyderabad is relatively affordable. Also, due to political uncertainty, land prices in Hyderabad have remained stable.

  • Pune, Maharashtra

Today, a blend of Pune’s manufacturing and service sectors make it a perfect economic powerhouse. Many players are entering this city with excellent expensive projects. New entries can also be seen making their way with affordable housing segment. This is where the major demand lies because the budget is far more attractive to investors.

  • Navi Mumbai

Real estate market in this area and other surrounding areas have shown impressive growth because of the planned approach taken during development. While property prices have become increasingly unaffordable in Mumbai, Navi Mumbai still provides multiple options.

  • Jaipur, Rajasthan

Jaipur is a fast-developing city that has progressed tremendously on residential and retail fronts. It is one of the most important real estate destination of North India. Due to its tourist attraction, the government too is taking a keen interest in developing infrastructure in this region.

  • Surat, Gujarat

Known as the diamond capital of the world, Surat is a famous city in Gujarat. It also gained recognition for being the cleanest town in India. Improving infrastructure helped modernize the city. The excellent road network comprises of well-constructed flyovers and wide roads.

  • Ghaziabad, NCR

Ghaziabad is slowly rising as an emerging residential neighborhood of NCR, which has a high supply of residential properties in the budget of 30-50 lakh. The city boasts of a large supply of ready-to-move-in properties by reputed developers. Residential corridors are widely attracting a large number of investors and end-users due to the relatively available housing units at affordable price.

  • Nagpur, Maharashtra

Though Nagpur has varied climatic conditions, it is a fast-growing city. Set to be the next IT hub of Maharashtra, real estate investors are carefully monitoring its success. Right now it is a great deal of real estate development, so, investors can dare to invest here.

  • Kochi, Kerala

This place has a modern and metropolitan lifestyle. It is known to be a smart city and townships in kochi have significantly increased demand for real estate. Today, the residential market of Kochi is dominated by affordable housing segment.

  • Coimbatore, Tamil Nadu

This city has gained momentum as a preferred destination for IT/ITes. With a proactive government in power, Coimbatore's property market has seen an upward push in demand for residential units in the core areas of the city such as R S Puram, Avinashi Road, and Race Course, which are considered posh areas.

  • Ahmedabad, Gujarat

Ahmedabad city is a prime example of fast-paced development with huge investments pouring into the state and advanced infrastructural development in the form of bullet trains.

These property markets are said to have a lot of potential when it comes to affordable housing. Based on one’s preference and budget, you can purchase a home or commercial property in any of these cities.

This is a guest post by Deepak D.Yewle

13 comments:

  1. This is nice blog of delhi heights. Visit: http://www.delhiheights.com

    ReplyDelete
  2. Really impressive articles about the real estate property and graceful posting.Thank you for sharing valuable information. Nice post.
    Flats in katraj, Katraj Property, Properties in Katraj, Pune Properties, Flats in Pune, Properties in Pune, Pune Property, Pune Flats

    ReplyDelete
  3. Yes Definitely,
    Nagpur & Cochin is the place to be.

    Check out their best project till date
    Nagpur : http://www.capitolheights.in/
    Cochin :http://www.tritvam.com/

    ReplyDelete
  4. These articles have got absolute sense devoid of confusing the readers.
    australia property investing

    ReplyDelete
  5. This comment has been removed by the author.

    ReplyDelete
  6. The stuff and its collection are great and telltale as contentedly.
    Pinnacle Perla Condos

    ReplyDelete
  7. I came across through your blog. I found the valuable information about the real estate. Thanks for sharing.
    New flats for sale in t nagar

    ReplyDelete

  8. Glad to read the informative content you have posted for us. Undoubtedly the real estate sector is growing in Bhopal and the best builders in bhopal are giving exceptional properties to live. In those names, one name is Construction co. top builders in bhopal who provide quality with a blend of affordibility.

    ReplyDelete
  9. So true about the property sectors in various cities.
    If you are looking for Ahmedabad property new project Ganesh Housing projects are good to go.

    ReplyDelete
  10. Really very true insight! Ahmedabad is one of the reasonably priced property markets and real estate projects in Ahmedabad are also very good in terms of quality.

    ReplyDelete
  11. Glad to read the informative content you have posted for us. Undoubtedly the real estate sector is growing in Bhopal and the best builders in bhopal are giving exceptional properties to live. In those names, one name is Agrawal Construction co. top builders in bhopal who provide quality with a blend of affordibility.

    ReplyDelete
  12. Thank you for posting this blog and sharing your valuable views with us. Real estate in Bhopal has much to offer. Moreover, the <best builders in bhopal flat in ayodhya bypass road are construction co. which offers flat and duplex at the prime location of the city.

    ReplyDelete