Top 3 Destinations for Real Estate Investment in India
With the government’s ‘Smart City 2.0 mission,” the future for real estate looks quite promising and lucrative for homebuyers and investors. So, if you are planning to invest in real estate anytime soon, here are a few real estate hotspots that you should not miss out on:
Gurugram
From being a satellite town of Delhi, Gurugram has transformed into a self-sustaining city. Also known as the Millennium City, Gurugram now houses some of the most reputed MNCs. With a myriad of job opportunities and a well-developed social infrastructure, the city has become a much-preferred choice amongst home buyers and investors. Gurgaon commercial property and residential spaces making it the most sought-after real estate hubs.
Udaipur
Located within a few hundred kilometres from Jaipur, Kota, and Alwar, Udaipur offers great connectivity to these major cities in Rajasthan. Affectionately known as the City of Lakes or the Venice of the East, Udaipur holds great historical significance as well. It is the sixth-largest city in Rajasthan. The city connects to Delhi and Mumbai along with all the cities lying in this stretch through the Golden Quadrilateral National Highway, NH-8 making it a great spot for investors.
Amritsar
With the renovation of the international airport, Amritsar witnessed a surge in the NRI traffic, which has also led to an increase in the demand for the real estate sector. Since the market is expected to boom with the upcoming commercial projects in and around the city, it is a great time to invest in residential projects in Amritsar. Other than this, being a religious and tourism-based city, Amritsar is one of the most sought-cities for real estate investments. And on the government’s approval on the Amritsar-Kolkata Industrial Corridor (AKIC), the industrial sector is also expected to flourish.
While various other cities in India can prove to be highly lucrative when it comes to real estate investments, these three cities are the ones that should not be overlooked.
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