Property investment has been viewed as a valuable asset since time immemorial and slump in property as an aberration rather than a norm. The real estate industry is modifying itself to meet the demand of the buyers and create exciting opportunities for a sound investment. Owing to their ideal location, the real estate sector has always seen constant growth at the premium spots in metro cities. However, the rise in population has created a demand for housing projects with more affordable rates.
Keeping the needs of the common man in mind, several builders are developing luxe apartments and spacious houses at unexpected locations all over India. Whether you wish to live amidst the glamour in a metro city or own a home in a quaint city to lead a peaceful life, new property locations have popped up on the map of India.
Looking at different cities all over India to purchase your dream home? Read on to find out the trending, luxurious locations with a high potential for growth to ensure a quality investment.
Prefer to surround yourself with nature as opposed to populated cities? Coimbatore is one such place that has maintained a steady growth without compromising on its lush greenery. Its limited population has led to the development of great properties that are quite affordable and offer more square feet coverage. With a strong infrastructure and huge health care sector, there is a scope for an enormous industry growth along with maximum returns whilst simultaneously living a stress-free life.
Planning to settle in the IT hub of India? Look for properties in Hoskote- a small taluka in the Bangalore rural district. Its suburban location ensures affordable rates and thus, leading developers have invested in apartment complexes and luxe villas right from NH75 to Hoskote. Located in Southern Bangalore, Kankarpura Road has been the ideal choice for mid-segment buyers for decades. However, due to its rising popularity, it is experiencing a demand for high-end projects as well. Varthur Road is another population location owing to its proximity to popular IT hubs like Whitefield and Electronic City. All these factors signify a tremendous opportunity for growth and a safe investment location.
Often referred to as the city of dreams, tons of people migrate here every year in the hopes of building a satisfying life and providing for their family. However, this has also resulted in inflation of property rates. Developers are tackling this issue by transforming the suburban areas into a commercial hub. The Mumbai Metropolitan Region has become a hotbed for new residential areas. Areas like Malad, Ghodbunder Road and Majiwada are witnessing huge sales due to its attractive pricing, spacious homes and easy connectivity to the central areas through railways and metros.
Wish to own a home in a developed city without the constant hustle and bustle of metro cities? Hyderabad is the perfect location for you. The growing IT, IteS and BFSI sectors have increased the demand for real estate. Areas like Gachibowli and HITEC city are attracting homebuyers with their attractive property rates and favourable locations. These places are close to the prime office destinations and have great connectivity to other parts of the city for quick transportation.
Found the ideal location for your new home but need extra housing finance to fulfil your dreams? Connect with Tata Capital and gain access to a wide range of housing loans and choose a home loan that is best suited to your needs. We offer attractive home loan interest rates, high home loan eligibility and flexible EMI options which makes repaying home loans simple and easy. Contact us to build the house of your dreams and give your family the home they deserve.