Residential property in India

Real estate in India has so much of potential in all the sectors such as residential, commercial, industrial, retail, healthcare, hospitality etc. We have witnessed some major developments happening mainly in the residential units, townships, offices, retail stores shopping malls, shopping complexes. If you are planning to buy a good residential property in the country then it will lead to variety of options in different cities. In this post we will be discussing about some good property options in different regions in India.

In India there are 3 different tiers of properties, the first tier include cities with good facilities and infrastructure like Mumbai, Delhi and Bangalore. Cities included in the second tier are Kolkata, Pune, Chennai and Hyderabad where the income levels are rising and business environment is good enough. Cities included in the third tier are Ahmedabad, Kochi, Goa, Jaipur, Nagpur, Lucknow, Trivandrum Guwahati, Vijayawada, Mysore, Chandigarh, Baroda and Mangalore where maximum numbers of IT companies have setup their center. As we can see all the above mentioned cities are emerging markets, this is the reason why people get good returns for their investment here. And that is why we are witnessing huge developments in the commercial and residential projects by different developers. Therefore, this means a house in Ahmedabad will cost you less than that in Delhi but will definitely give you good returns, probably the same percentage of profit as tier 1 & 2 cities.

Important steps before buying a property

If you are also looking forward to invest in Indian real estate then it is advisable that you do complete research and evaluate before you buy any property. Location also plays a significant role in the market value of the property so you should consider good location. For example, if a property is near to some happening place or a posh area then the market value of that property will be more than those properties which are in segregated areas. Also try and avoid such places which have security issues or are prone to riot as nobody wants to face issues like theft, burglary and robberies. Additionally, if the property offers good basic civic amenities and facilities then the value of the property also gets better. Connectivity with bus depot, airport and railway station is also an add-on for any property.

After choosing the property, it is advisable that you check that the developer has all the clearances and due permissions from Municipal Corporation and Pollution Control Board. To be on the safer side while making an investment in property, you should also take advice from a real estate surveyor. While purchasing a property you should always be assured about the returns on the investment and also you should scrutinize the title deeds of the property from a good lawyer.

Developer’s Focus 

All the major players in the real estate sector are focusing in the cities like Delhi, Mumbai, Bangalore, Ahmedabad, Kolkata, Chennai, Hyderabad, Gurgaon, Pune, and Noida, to name a few, in order to showcase few major projects in the market which caters to the residential segment in the country. If you want to witness some of the most ambitious property projects by these reputed developers and builders then those can be seen in these above mentioned cities.

Author Bio: Kunal Chhibber is a professional content writer with expert skills in digital marketing. He has also written many informative write-ups doing exclusive research on Real Estate sector. He is a graduate in management; music is a passionate hobby to which he is committed to as a part time Disc Jockey. Some of his previously written topics are real estate property trends in India, buy house in Ahmedabad, Bangalore, Kolkata and Chennai etc. l� l0H� �O� and due permissions from Municipal Corporation and Pollution Control Board. To be on the safer side while making an investment in property, you should also take advice from a real estate surveyor. While purchasing a property you should always be assured about the returns on the investment and also you should scrutinize the title deeds of the property from a good lawyer.

 

Developer’s Focus 

All the major players in the real estate sector are focusing in the cities like Delhi, Mumbai, Bangalore, Ahmedabad, Kolkata, Chennai, Hyderabad, Gurgaon, Pune, and Noida, to name a few, in order to showcase few major projects in the market which caters to the residential segment in the country. If you want to witness some of the most ambitious property projects by these reputed developers and builders then those can be seen in these above mentioned cities.

Author Bio: Kunal Chhibber is a professional content writer with expert skills in digital marketing. He has also written many informative write-ups doing exclusive research on Real Estate sector. He is a graduate in management; music is a passionate hobby to which he is committed to as a part time Disc Jockey. Some of his previously written topics are real estate property trends in India, buy house in Ahmedabad, Bangalore, Kolkata and Chennai etc.

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