New Realty Hotspots for Investment
by RAJ KAMAL Technology, Travel,Health & MedicalReal estate investments are a popular choice among investors
today, owing to a growing population, increased demand for housing, and a
scarcity of space, particularly in a complex market such as India. Parking
funds in real estate hotspots can yield excellent returns for a relatively low
investment as the value of the property rises.
Consider factors such as mobility and transportation,
healthcare, a sustainable environment, water supply, security, and
infrastructure development when investing in properties in emerging areas. So,
without further ado, take a look at our list of real estate hotspots where you
can invest in futuristic housing projects.
New
Gurugram, Gurugram
With the acclivity of infrastructure developments, New
Gurugram is earning its name as a hotspot for both residential and commercial
real estate in Delhi-NCR, thanks to recent infrastructural developments. It has
a competitive advantage because of its strategic location, excellent
connectivity, and mix of commercial and retail spaces. With three connecting
highways – National Highway 8 (NH8), Kundli–Manesar–Palwal Expressway, and
Dwarka–Gurugram Expressway – the area is in a great location. The area is also
well-connected, with NH8 connecting Delhi and Neemrana on one side and Neemrana
on the other.
Navi Mumbai
The Navi Mumbai area has become increasingly popular among
homebuyers. The city has experienced tremendous growth in recent years and now
has established itself as a well-planned area with modern infrastructure, wide
roads, lush green sceneries, and a plethora of gardens and natural landscapes.
Projects like Navi Mumbai Airport, the Mumbai Trans-Harbour
Link (MTHL) and Mumbai-Pune hyperloop bring exceptional development processes
in Navi Mumbai into the spotlight. With world-class medical facilities,
educational institutes and impressive employment opportunities, Navi Mumbai
emerges as one of the ideal cities for real estate investment.
Buying a home, especially in a metro city, can be quite
costly. A home loan, on the other hand, can be used to finance your purchase.
Bengaluru
Bengaluru is one of the cities in the country growing at a
rapid pace. The growing presence of Bengaluru as an IT hub, SEZs, manufacturing
industries, modular infrastructure, ample job opportunities, and a variety of
other social infrastructures make it a viable investment destination for both
NRIs and occupant Indians.
Whitefield, Electronic City and Devanahalli are a few of the
well-known spots among many others that offer connectivity and all the modern
amenities to make you interested in it as the investment hotspot.
Sector 150,
Noida
For at least the last five years, Sector 150 has been
regarded as the fastest-growing micro-market in Delhi NCR. Strategically
located at the junctions of the Yamuna Expressway, Greater Noida and the Hindon
River, Sector 150 offers world-class infrastructure and a diverse range of
residential options. To make the investment hotspot even more appealing, a
metro corridor connecting Noida and Greater Noida is being expanded, to further
solidify connectivity, making sector-150 is still a prime hotspot for realty
investment.
Pune
Prevalent pleasant weather throughout the year, top-tier
educational institutions, affordable housing setup and rapid infrastructure
development make Pune home to potential housing projects. Pune is also the
third-largest contributor to India's IT exports and home to a slew of IT
behemoths, thus offering plenty of job opportunities.
Furthermore, properties in Pune offer a high return on
investment (ROI) to homebuyers, as well as promising rental incomes. In the
first quarter of 2021, the city saw nearly 18,042 new housing projects begin
construction, an increase of 42% over the previous quarter.
Lucknow
Lucknow has undoubtedly become a prime hotspot for the
state's major development activities, given the government has begun several
infrastructure development projects. According to the Master Plan 2021, nearly
197 fringe villages will be included in the master plan to cater to the massive
migratory population of nearly 65 lakh people by 2031, resulting in huge demand
for flats in Lucknow.
Investors
are now eyeing new projects in Lucknow such as Faizabad Road, Amar Shaheed
Path, Rae Bareli Road, Sultanpur Road and others as a prospective investment
hotspot. You can expect a low cost of investment but a higher ROI with projects
with "possession soon" in Lucknow for ready-to-move-in flats.
For
instance, Omaxe Hi Street's state-of-the-art retail and luxurious hospitality
destination on the high potential micro-market of Lucknow offers retail spaces
and luxury hotel suites with top-edge facilities at very attractive prices.
Concluding Note
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Created on Feb 28th 2022 00:28. Viewed 226 times.