Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.” – Robert Kiyosaki
Yes, it is true that real estate is one investment venture that is seen as a tried and tested way of generating wealth. You just have to learn to make good use of your time and be have a keen eye over the market situation. If not in short term, real estate will definitely earn you huge returns in the long run. Though the market sees many ups and downs and you may have heard the stories of your friends losing at the investment game, there are still pretty good chances of you to succeed at it.
Government is continuously taking steps to improve the economic situation of the country. Real estate plays a major role in it. With the FDI flow into the industry relaxed, the situation has now improved. Property market is now in the recovery stage. So, it is a good time for you to put your money in here.
Real estate experts keep studying the market situations and submit reports about the areas that can hold as good investment bets. A recent research on the north Indian real estate market investment has unveiled a few cities that serve as great investment options. These cities include Jaipur, Gurgaon, Lucknow, Neemrana and Noida. Bhiwadi, Faridabad and Ghaziabad also hold great potential for growth. These locations have been judged on parameters like infrastructure, a healthy investment climate and the extent of industrial and commercial activities that support residential realty growth.
It is pretty evident that Gurgaon and Noida are the real estate hubs of north Indian real estate. Having a strong commercial base and proximity to the capital city Delhi, these two locations can never lose in the real estate game. In fact, the property market has saturated and developers are moving towards the suburbs of these locations. The evolving infrastructure is another reason why these cities are preferred by the investors. Lucknow and Jaipur, being capitals of the states, also receive a great deal of attention by the government largely in the field of physical and social infrastructure. The affordability factor is also a positive side of these cities.
Industrial development is also driving the real estate market of North India. Areas lying around the upcoming Delhi-Mumbai Industrial Corridor (DMIC) have also received the much needed push. Ghaziabad and Faridabad were initially industrial towns but now giant multinationals are shifting their base to these cities and improving the commercial and residential real estate scenario. Bhiwadi and Neemrana are also emerging as industrial destinations. Their excellent connectivities with highways and expressways makes them easily accessible from different parts of the country.
Hence, these locations hold great potential as investment destinations. All you need for a successful investment is a little market study to find the right time. You must find out the right type of asset for yourself- one that falls within your budget and serves the purpose of your investment. Compare the rates, be clear about the documentation and procedure and then make a sound investment decision.
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