Which is a better place to live? Comparing pros and cons of Hyderabad, Bangalore and Chennai

It is estimated that over 33% of India’s population lives in its cities and is expected to grow to 40% by 2030; increasing population and massive influx of workforce being the main reason for this unprecedented period of growth. Although the growth brings better services, facilities, and overall prosperity, it has also increased the cost of living in the cities.  Today, while several cities face severe appreciation, certain cities such as Bangalore, Hyderabad, Chennai, Pune, etc. have grown and managed to meet new demands and keep the cost of living at a competitive level.   Among all the developed cities, these three have come to be recognised as the tycoons in modern, advanced living standards and tech-driven ways of life.  People often compare these cities from the perspective of transportation, localities, food, jobs, and many more.  We have compiled a list of 9 basic amenities that are essential factors before deciding to plan your future in any city, here’s a look:  Employment  Bangalore should be considered as one of the best for finding a job because of presence of big companies as well as increase in number of start-ups. If one is seeking for high pay scale, then this is the place for you. Bangalore has highest number of IT companies and is a home for MNCs such as Wipro, Infosys, TCS, Mindtree, Unilever etc. Hyderabad too gives employment opportunities in both government as well as private sector (Infosys, Cognizant, Genpact, etc.) but when compared to Bangalore it has a lesser number of startups and Chennai, dominated by the government sector, ranks the least when compared to Bangalore and Hyderabad. Cost of living  Hyderabad tops the list in terms of living. While Bangalore is considered as one of the costliest cities in India, Chennai ranks the next.  Accessibility All the three cities are well connected via metro and buses. However,...

Should a person invest in Noida sector 78 or Vaishali? Which offers better returns and why

New Delhi, the administrative capital city of India, is undoubtedly one of the most rapidly growing cities in India. A hub of all commercial and business activities, Delhi has a per capita income which is approximately 2.5 times higher than the national average. The city boasts one of the best infrastructures in India and aims at providing quality of life to the residents and promote the economic growth of the city. The aviation network, roadways, and railways connecting New Delhi to the other parts of the country is efficient and extensive.  Today, Delhi is emerging as the most popular investment destination in India. Factors that make it the most preferred choice of investors include: Large consumer market Investor friendly government policies  World class infrastructure and institutions Competent workforce With businesses setting up their plush corporate offices in Noida and Vaishali, the two major cities have turned into real estate hotspots. Although both the cities are quite popular among the investors, there are several aspects which need to be considered while investing in these budding cities, of which include, accessibility, price trends and more importantly high resale value of the property.   Noida sector 78 vs Vaishali: Which is worth your investment?  Although both the cities offer you good returns with strong income potential, they have their own factors that make your investment worth.  Vaishali is the well-planned area of Ghaziabad and is one of the prominent destinations for luxury housing. This location is closer to Delhi and has attracted investments from the government as well as private sectors.  On the other hand, Noida sector 78 has been making news in the real estate industry as the construction of new apartments/commercial spaces here is in full swing. This locality has a well-developed neighbourhood and has excellent connectivity to some of the key areas in Delhi.  Noida sector 78: It has massive...

Is Pune commercial investment better than Navi Mumbai’s residential. Explained with specific and rational reasons

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: Capital appreciation: Over the long term commercial real estate investments have significantly increased in value. This is known as appreciation and adds to the net worth of the investor without your doing much for it. The appreciation can result from either market valuing the asset higher than it was in the past or increasing rents. Return on your investment: As compared to any other cities, the commercial real estate in Pune offers a return on your investment of about 6% to 8%.  Demand: The demand for office spaces is gaining acceleration as companies are looking to expand or consolidate due to improving...

Realty boom! Why invest in Nagpur, a non-metropolitan city rather than metropolitan cities?

Real estate is definitely a future stream of income but when invested in the right destination. Many big cities such as Bangalore, Delhi, etc. in India have been attracting investors since 2013; however, today, most of the real estate investors stay away from the cities with soaring prices and are investing in non-metropolitan cities.  Although, you get all that you want at your doorstep, the metropolitan cities have their own cons. In recent times, the real estate possession prices has taken a set back, high cost of living, etc. which is why investors are looking for alternate options that give them a higher return of investment. While various tier two cities are on the rise and are doing well, ‘the orange city of India,” Nagpur, is believed to be one of a promising city for investment due to its blend of nature & industrialisation.  Nagpur, Maharashtra’s second capital is a sprawling hub for heavy to medium industry and other private sectors. Located on the zero milestone, with IT sectors, abundant land at affordable rates and relaxed lifestyle, makes this location the most preferred one, especially for commercial purposes. Today, the property developers are gearing up to meet the growing need for commercial spaces and the real estate in Nagpur is pulsating with brisk construction and buying activities, surpassing projections by real estate analysts. Factors that contribute to the growth of real estate in this destination are:  Industrial hub – Nagpur is a hub for more than 22,000 Micro, Small and Medium Enterprises (MSME) industries. The western region of Nagpur has thousands of leading industrial units such as Hyundai Unitech, Gammon India, Vicco, Haldirams, and many more which has benefitted the commercial real estate sector.  Infrastructure booster – Nagpur is the next IT hub, with TCS and Infosys setting up their campuses in Multimodal International Hub Airport (MIHAN) region. MIHAN...

Why should Indore be your ultimate destination for real estate investment?

In recent times, one of the best approaches used to acquire potential financial rewards is by investing in real estate possessions. It goes without saying that there are a number of benefits of investing in estates that outweigh the costs and earn a steady flow of income. The real estate market is in ‘tip top’ shape and you can be assured of high return of investment if done judiciously and wisely.   With growing competition among the major Indian cities, real estate industry is seeing a daylight in Indore. Like any other developing city, Indore has witnessed immense industrial growth in recent times.  A newbie city in this regard, Indore is showing impressive growth in real estate as a result of increase in demand for commercial & residential spaces. As per the report of PropEquity, an online subscription-based real estate data & analytics for tier II cities, Indore was ranked as the 8th best city out of 19 cities in 2015. The ranking was given on the basis of price, highest sales, absorption, supply, inventory and new launch trends.   Here’s a look at a few more factors that makes it worth investing in this city:  ‘Smart’ city – Indore is shortlisted as one of the 100 cities by the Ministry of Urban Development for submitting the Smart City Proposal and the construction work has already begun. Various projects are being executed including setting up laying underground cables, smart poles, creating underground ducts has started in areas like Sarafa, Rajwada, Biyabani etc. Another feather to the cap is, Central India’s first Data Centre Park (Data Cluster) located in Betma, Indore. There are only 5 such data clusters India and one among is in this city. Also Indore has been declared as the cleanest city in India as per the reports of Swachh Survekshan 2017. Sound economy –  Indore, the trading capital...

Best for Family – These three projects in Vashi are best suited for families looking to own a house

Vashi, the first node developed by CIDCO (City and Industrial Development Corporation) is situated in Navi Mumbai, across Thane Creek of the Arabian Sea. Home for India second IKEA outlet, Vashi is a world on its own. Being close to the sea and running parallel along the east with Western Ghats, Vashi is a hub of malls. Today, Vashi is one of the most popular environs residential localities in Navi Mumbai.  Reasons why Vashi is at the top of the list of the long-term investors Known as one of the most developed nodes of the Navi Mumbai micro-market, Vashi witnessed rise in property prices in 2017 when compared to other major cities in India and has become one of the favourite destinations of the investors. The reason behind the skyrocket of prices are: Vashi has a well-equipped with different modes of transportation. It includes rails, air-conditioned buses run by the NMMC (Navi Mumbai Municipal Corporation) that connects with various points of the city. However, to make the connectivity stronger, projects such as Navi Mumbai Metro Line-1 is under process. It consists of well-maintained healthcare centres. Leisure spots such as gardens, malls, resorts, etc. India’s largest A.P.M.C market These are some of the aspects make Vashi one of the best places to live in Navi Mumbai. With increase in demand for residential properties in Vashi, major construction groups are in a race to offer luxurious residential properties at a competitive price. The three most popular projects are: Shah Lotus – Shah Lotus, located in Sector – 17 is the most popular residential project located in Vashi, Navi Mumbai. Being developed & constructed by Shah Group Builders & Infraprojects Ltd, this project consists of well designed and well planned residential living spaces. This 21 storeys tower includes amenities such as  Well-designed single apartment on each floor. Residential tower that is earthquake...