11/25/2013

The Real Estate Scenario in Indian Metros


Property in Delhi: In the past few years, there have been a number of foreign investments made in Delhi for commercial establishments which has helped open up new avenues for the real estate market in Delhi. Many multinational companies that have come in on the commercial properties of Delhi have helped create greater employment opportunities and consequently demand for residential space in and around the area has also increased by about 10 fold. People not only from Delhi but all parts of the country have contributed to this increased demand as job opportunities have led them to migrate to Delhi. Families who already own property around Delhi have viewed this as an opportunity to let go of their 9-5 routine jobs and use their property investments for some returns through renting out of office space, PG accommodations etc. On the other hand, lower and middle income group families for whom it had been difficult to purchase homes and flats for all these years are finding affordable housing projects coming up for them to invest in.

Investors in Mumbai: For those looking for opportunities to make new investments in flat Mumbai, the suburbs continue to come up with newer residential projects since the past few years. The skyrocketing prices of apartments and residential property both in central Mumbai and its suburbs have made it possible only for the high income group families to invest in the city. However, projects around Navi Mumbai have come up with many comparatively cheaper and affordable housing projects that have caused Navi Mumbai to flourish considerably. However, in the next few years, Navi Mumbai too shall see its share of price appreciation. Investments made here can be a promising venture for good returns in the future.PG accommodations Mumbai have also become quite popular.

Buy Apartments in Mumbai
Apartments in Mumbai

Apartment buying in Bangalore: If Delhi has made good progress in the IT sector, Bangalore is not far behind. Bangalore too has migrants from all over the country owing the development of the IT sector. The rise and demand for property in Bangalore is not restricted to the central city alone but extends to its suburbs as well. The following real estate hotspots: Bommanahalli, Electronic City, Begur Road and Hosur have numerous upcoming residential projects and are promising sectors to make long term investments in. Bommanahalli is located close to Hosur – the IT hub of the city which makes it easier for commuting for daily office goers, is in close proximity other important establishments like hospitals, shopping centres and much more. Hosur is a satellite town of the city and is like a focal point for developers who have created residential property for mid and luxury income group families. While Hosur is the IT hub, Electronic City is the commercial hub. For office and commercial spaces, Electronic City is an ideal property location. It also has sufficiently good connectivity to other main parts of the city like Hosur, Whitefield, Bannerghatta Road, Sarjapur Road etc.

Online Sources: Log on to online portals to find out information and search through a wide range of classifieds on upcoming residential projects in Bangalore, accommodations for paying guest Mumbai, service apartments Delhi and much more based on the city of your preference.



1 comment:

  1. your blog is very informative... Service Apartment is very suitable for corporate guests, business purpose and for wedding honeymoon couples. It is also best for foreign clients..The person who wants high class facility then go for Luxury Service Apartment in Navi Mumbai

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