Invest
here to get best returns in the next 5 years..
Indian Real Estate sector has been
really sluggish over the past few years. It is finally time for a turnaround.
Buying a home is in everyone’s
wishlist and this investment involves financial planning and strategy. If you
are planning to buy a property in the year 2016 ensure that that you make a smart
choice and not a hurried one.
After talking to real estate
players, we list out cities that could be good investment bets in the year 2016
and give good returns in the next 5 years.
1) Ghaziabad: It emerged as the dark horse of NCR in
2015 with significant real estate activity seen across three prominent markets
including NH -24, Raj Nagar Extension and Krishna Vihar. These markets saw
significant activity in terms of new launches in 2015 in both apartments and
plots category which is likely to continue in 2016. Centre’s nod for road
widening of NH -24 towards Ghaziabad was one of the major factors driving
growth in the city.
2)Thane: Thane has emerged as one of the most
attractive regions for investment in the Mumbai Metropolitan Region in 2015 due
to the plethora of options available here as well as fast growth in
infrastructure such as a proposed extension of Mumbai metro. Thane West
witnessed good activity due to their connectivity and proximity to important
commercial and industrial areas in the region.
3)Mumbai: Madh–Marve is identified as the top
destination, with an expected price appreciation of 94 per cent, thereby
emerging as a promising asset class for the next five years. Ulwe, the top destination
of the MMR in the first edition of the report in 2012, scores second this time,
with a 70 per cent price appreciation by 2020, while Majiwada– Kasarvadavali
will experience a price appreciation of 59 per cent by then.
4)Pune: New Airport Road in Viman Nagar is
identified as a potential location with an expected price appreciation of 63
per cent, while Vishrantwadi is to witness a 55 per cent growth appreciation.
5)Bengaluru: Thanisandra and Panathur–Varthur
emerge as potential residential investment destinations with estimated price
growths of 61 per cent and 55 per cent, respectively.
No comments:
Post a Comment