Real estate investing is uncharted territory. Investing in real estate properties is not as easy as it seems to be. By owning a property, you can be assured of a long-term financial security; only if purchased wisely. The most common segregations are residential, commercial, retail, mixed-use and industrial investment. Among these the most preferred is residential and commercial real estate properties.
Today, few cities in India are doing well in attracting investors and certain growth factors such as quality of living, growth rate of jobs or businesses, resilience of the economy to shocks, trading relationships within state or neighbouring states, sector make-up of the economy adds to the success. While cities like Bangalore, Hyderabad, Chennai are few of Southern cities, Mumbai, Pune, Delhi, etc. are few of the Northern cities that attract investors. Among these cities, the most preferred destination is Pune for commercial possessions and Navi Mumbai for residential.
Over the last few years, Pune has emerged as one of the most sought-after investment cities in India. Pune, a home to major IT companies, engineering, and automobile manufacturers is a feasible option for investors to invest in real estate properties, especially commercial ones. Some of the compelling reasons to invest in a commercial possession in Pune are:
Navi Mumbai, the financial capital of India continues to attract investors for residential properties. The city, with an estimated population of 12.4 million, has attracted investors from all over the country. Today, Mumbai continues to remain the most expensive possession market in India. Some of the factors that highly attracts investors are:
Although both cities have its own investment pros, Navi Mumbai makes it a better option for real estate property investment. The reason behind being, plenty of on-going development projects, good infrastructure and high investment returns at a faster rate when compared to that of Pune.
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