Best States to Invest in Real Estate

Best States to Invest in Real Estate

Deciding to own a property is a big step. In order to get a good return on your property investment, it is important to do a thorough research on the real estate market. One of the most important factors to consider is the location of your property investment.  If you need some guidance, here are the states for best property investment.

States for Best Property Investment are.

Location is not the only consideration when deciding to buying property. However, it can help you narrow down the places where there is a good potential for real estate profitability. If you are about to become a property owner for the first time, here are some of the best states for property investment.

Best States to Invest in Real Estate

1 - Hyderabad

Hyderabad is currently one of the best states for real estate investment. Low cost of living along with great infrastructure have been two important factors of buying property in Hyderabad. 

 

Apart from this, the city is very well connected by a strong network of highways like NH-163, NH-765 NH-44, NH-65. The South and Central Railway zone and the Rajiv Gandhi International Airport provide impressive transport facilities. Real-estate investing in Hyderabad is trusted by many investors

 

Due to this good track record, there were 9,349 launches in the first quarter of 2021 with an increase of 80% in sales. This clearly highlights the popularity of Hyderabad for real estate investment in India.

Hyderabad recorded a sale of approx. 6,735 units in Q3 2021 - a massive increase of over 300% compared to Q3 2020, mainly due to the continued influx of new supplies over the last 4-5 quarters.

Key points

  • Government of Telangana has set an easy way of doing business with several user friendly policies which are very transparent and also digitized with latest technology and infrastructure.

 

  • The state has 56 notified Special Economic Zones (SEZs), the highest in the country, of which 34 are operational (the second-highest number in the country)

 

  • The state government’s efforts in building an enabling ecosystem for businesses to thrive have turned Hyderabad into a hotspot for entrepreneurs.

 

2 – NOIDA

Noida's planned infrastructure and affordability has been a major driver of real estate.

Jawar Airport will prove to be a game-changer for Noida as it will boost overall employment in the region. Many multinational companies can settle in the Noida area due to the proximity of the airport.

Moreover, Noida is likely to deliver better ROI on properties in the times to come. After the international airport at Jewar, Noida, Greater Noida and Yamuna Expressway will have good potential for realty.

The Noida Development Authority is planning to connect six new areas along the Noida-Greater Noida Expressway. These new sectors 160-166 will include institutional, industrial and residential developments.

Many major real estate companies in Noida are investing their fortune to create best luxury flats and business spaces.

The Industrial Development Authority (YEIDA) has taken over 1000 acres of land in Gautam Budh Nagar to develop an infotainment zone for better public and technical facilities.

NCR saw sales growth in Q3 2021 approx. 97% (about 10,220 units) as against Q3 2020.

Key points

After the international airport at Jewar, Noida, Greater Noida and Yamuna Expressway will have good potential for realty.

• The Noida Development Authority has planned to connect six new areas along the Noida-Greater Noida Expressway. These new sectors 160-166 will include institutional, industrial and residential developments.

 

• Industrial Development Authority (YEIDA) has taken about 1000 acres of land in Gautam Budh Nagar to develop an infotainment zone for better public and technical facilities.

 

3- Ahmedabad

In fact, the city is experiencing an annual growth of 2-4% in real estate.

Capital and rent prices have started rising after the pandemic stopped in Ahmedabad.

There has been a substantial increase in new launches, of which 47% are in Ahmedabad East.

Excellent public transport system- Strong metro connectivity and bus rapid transit system and great infrastructure development.

 Other than this, there are many Commercial Real Estate companies in Ahmadabad.

 Moreover, Ahmedabad Smart City Project is a dream project for Gujarat. It will be among the first 20 smart cities in the country.

 

Key points

• The state government has launched Mukhyamantri Udyog Shramyogi Ane Udyog Awas Awas which aims to provide housing needs for migrants.

• Also, the Affordable Rental Housing Complex (ARHC) scheme has been launched to offer low rental housing to the economically weaker section.

• AUDA (Ahmedabad Urban Development Authority) has planned to develop 6800 hectares of land around the periphery of Ahmedabad, in which residential property options are available.

 

4 - Chennai

There are two reasons for the increase in housing transactions in Chennai. First, the all-time low interest rates and secondly the many discounted deals offered by leading developers in Chennai.

The city added over 4,500 new housing units in Q1 2021 and most of them were added by A grade developers.

Real-estate investment in Chennai is always your preferred option and will give good returns.

Another notable trend in Chennai is the emergence of peripheral locations offering more shopping opportunities. There has been a growth in the IT, Auto industries in the peripheral area.

Chennai saw approx. 3,405 units sold in Q3 2021 – a significant increase of 113% over Q3 2020.

 

Key points

• The National Highways Authority of India (NHAI) is planning to develop the Chennai-Bengaluru highway, which will reduce the distance between metros by 50-60 km. It will enhance the economies of both the cities by strengthening the connectivity.

• The Chennai-Kanyakumari Industrial Corridor (CKIC) is a USD 484 million project that will cover 23 districts of Tamil Nadu and enhance regional development in the southern districts.

 

Choose with Confidence

Jumping into property investing can be scary. Since you are investing your money, you want to make sure that you are making the right choice. Given the unpredictability of the economy, it is wise to invest in states that have the best real estate investment markets in the country. For a good return on investment, consider with confidence the Best States to Invest in Real Estate as mentioned above

Once you find the right property, feel free to browse our online directory of real estate investment companies to help you manage your best real estate investment.