Being the financial and commercial center of India, Mumbai emerges as one of the best places to invest in residential property in India. Despite being one of the most populated cities in India, certain areas in the city hold promise from the real estate perspective. To name a few Wadala, Bhiwandi, Thane, Ghatkopar and Dombivali offer great investment opportunities for the property seekers.
Whitefield situated in the eastern part of Bangalore, emerges as one of the major hotspots for real estate investors. The area is coming up as the prime choice for residential and IT companies. Rapid development is expected in the area because of arrival of the IT companies. EPIP (Export Promotion Industrial Park) has changed the looks of Whitefield in the last few years. Superb connectivity with other parts and the facilities available in the region have affected the overall demand dynamics of the city.
One significant reason that has greatly contributed in the real estate development of the city is the presence of numerous IT and blue chip companies. The buying power of the IT sector in this region has propelled the real estate sector in the city. Regions like, Kharadi, Baner, Bavdhan, Kalyani Nagar, Wakad and Viman Nagar etc. have rose up as the best realty locations for investment in Pune. Viman Nagar is the hotspot in Pune, its valuable location and accessibility to the Airport, office spaces, railway station and different parts of the city appear as a great bet for the investors.
Greater Noida and Dwaraka Expressway in Gurgaon have emerged as two major hotspots of Delhi NCR. Gurgaon is one of the most attractive region in NCR for every class and expected to witness massive growth in a few years . Greater Noida has also emerged as another promising satellite city in the recent past. The proposed metro station stitching the city to other parts of Delhi has fuelled the demand of Greater Noida residential property. Areas that have given the best returns to the investors are Golf Course Extension Road and Sohna Road in Gurgaon. Greater Noida west and sectors adjacent to Pari Chowk in Greater Noida . Property prices in these areas have appreciated significantly.
Dwarka Expressway is projected to enhance connectivity between Gurgaon and Delhi, which makes the area an excellent investment in both Residential and commercial real estate. Because of closeness to Delhi, Metro Corridor and other infrastructure, this area is expected to fetch excellent returns.
Major hotspots of these cities have also significantly contributed in changing the overall dynamics of the real estate property in India.