With India’s speeding urbanisation, the traditionally preferred investment destinations in the cities have already reached saturation point, and are turning increasingly expensive. This has led to creating a roll-on effect on several other residential sub-markets across leading cities in India. Despite saturation of more and more locations, many new locations are emerging to the rescue of the growing property demand.
Further, with the expansion of these locations and districts, several office spaces and residential sub-markets started emerging in these areas and apparently it led to property investment. These sub-markets offered better price advantage due to new builders & developers taking interest in developing the new construction projects with more contemporary amenities.
Some of the best investment options in India include Panvel, Thane, Pune, Oragadam and so on. These locations witnessed massive sales in varied home categories, from studio apartments to luxury apartments, villas and villa plots at comparatively lower prices than the established locations. Located on the outskirts, these areas are well connected to prime locations with easy accessibility. There are obviously a couple of other locations across the vast geography of India that are greatly drawing the investors and home buyer’s attention.
Primarily, while investing in property in India, it is better to look forward and invest in developing projects as it yields better ROI, where the price growth potential maybe saturated otherwise. Yet another factor to invest in the developing property market, is the wider scope for new driver markets like offices and malls.