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Top Five Real Estate Markets in India for 2017

Vaishnavi Group is a real estate development company focussed on the urban luxury segment for both residential & commercial properties.<br>

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Top Five Real Estate Markets in India for 2017

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  1. Top Five Real Estate Markets in India for 2017 Demonetization of currency notwithstanding, the Indian real estate market continues to be a booming one. There is all round optimism and the overall economic condition of the country remains upbeat. There have been several tax sops for first time home buyers and stringent norms for real estate developers mean that the deliveries have become relatively streamlined. With this bullish trend, certain pockets in the country continue to score high for real estate investment. The top five real estate markets in the country have been enumerated below: 1.Mumbai: Mumbai continues to be the biggest real estate pie in the country. As the financial capital of India is the number one destination for both developers and investors. The demand continues to be high, supply consistent and the appetite for growth on the bullish side. The primary growth corridors in the city have now moved into the suburbs and the burgeoning Navi Mumbai side. 2.Bengaluru: Bengaluru remains India’s IT & startup capital and therefore the demand for prime real estate is always high. Despite the fact that public infrastructure continues to be a bane for real estate investors, the appetite for both affordable & luxury real estate has not ebbed. East & North Bengaluru corridors are high on demand and there are a plethora of projects that have sprung up in the recent past. 3.Pune: Pune has long been in the shadow of the glitz and glamor of Mumbai. However, the city is slowly and surely out of Mumbai’s shadow. In recent times, Pune has emerged as the next hotshot destination for both investors and residents. There are a host of new ventures with attractive prices, which have made Pune a hot destination for both developers and investors.

  2. 4.Gurgaon: Creaking public transport and infrastructure is the continued bane of Gurgaon. However, the demand for real estate shows no signs of cooling down in this Haryana town. Several new projects have taken off and demand continues on the higher trajectory. 5.Hyderabad: Political stability, high disposal incomes and relatively cheaper cost of livng make Hyderabad a perfect real estate destination. The city has been jostling with Bangalore for the tag of the startup capital of India and has made giant strides in this direction. Good infrastructure, stable political climate and prices yet to rocket high make it a top destination for home buyers and developers alike!

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