India Properties - Finding the Best Property in India

By: George Gonigal

It's a known fact India Real Estate is booming it has given birth to innumerable opportunities for investment throughout the country. All throughout the country, whether it is the metropolitans or the two or three tier cities are exploding with commercial high rises, residential townships, industrial parks and shopping malls. It is estimated that Indian real estate is presently growing at 30 % per annum and the property industry boasts of a wide range of products that includes property prices which would suit even the people of the low-income group .



With the property prices shooting up in most of the Indian metros, buyers are looking towards investing in two and three tier towns where real estate development is growing at a rapid pace. Chandigarh in North India ranks high in the list of potential cities for a vibrant Indian property market. With rapid development taking place in its outskirts areas such as Panchkula, Mohali, Dera Bassi and Zirakpur, Chandigarh is certainly one of the booming real estate cities of India.

It wouldn't be unfair to say the NCR in the north has dominated the Indian Real Estate industry as there is tremendous demand for Delhi properties, Gurgaon properties and Noida and Greater Noida properties. The property prices of Delhi properties have seen an appreciation in their values in its upcoming areas such as Dwarka, Mayur Vihar and Patparganj. Greater Noida is following close on the heels of Noida where the property rates have increased in a short span of time due to the upcoming international airport, metro network and the upcoming Commonwealth Games.

The property prices in Mumbai are at an all time high as there has been a considerable increase of around 40 per cent in many of its locations. Increased property rates in Mumbai have made real estate developers and buyers look for more affordable options in the suburbs like Navi Mumbai. Areas beyond Vasai, Virar, Dombival, Thane and Panvel are being touted as the upcoming townships for real estate development in western part of India. in the South are rapidly developing in Chennai, which has seen a large emergence of IT companies in the recent past thereby bringing in a demand for both commercial and residential properties. Bangalore the IT hub of India already enjoys a high rate of real estate development and to meet the growing demand, even the suburbs of Bangalore are being developed by India real estate developers.

Primarily India properties are concentrated around the metros and the suburbs along with some of the two tier cities such as Chandigarh, Pune, Kochi and Jaipur. Investing in a property in any one of the emerging cities and towns are going to appreciate in value as properties across India are experiencing property price rise. Through magicbricks you can find some of the best India properties across a gamut of cities and regions.

India Properties
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