The localities around metro cities that were considered off-radar a decade ago have now groomed themselves into something even the posh postcodes envy. From Dwarka in Delhi to Whitefield in Bangalore, the far-off locations on the outskirts of main cities have proven to yield better. Because of their affordability and an improving infrastructure, these happen to be the most popular localities for property investment. However, just an affordable rate is not enough; you need to judge whether a locality is safe from investment point of view.
Let us talk about a few points that you, as an investor, have to keep in mind before investing in an upcoming locality. [Read more…]