Indian real estate is witnessing a major resurgence of late in terms of growth and overall progress. People are steadily reposing faith in the government and economic growth and are investing in properties all across the country. The government has also taken multiple legislative measures of late to boost the sector. Demand has shot up for property in Surat and property in Mumbai while other cities like Delhi, Bangalore, Chennai and Kolkata are also witnessing healthy demand from prospective customers. Skyrocketing growth and development is being witnessed in several Indian cities while realtors are betting big on growing disposable income and the release of pent up demand in the market. The improved scenario of real estate has definitely sparked hopes pertaining to the development of several new projects in several Indian cities and there are multiple price bands which are seeing huge demand.
Additionally, Surat real estate is witnessing a huge boom in the luxury housing space as more and more diamond industry leaders, textile barons and other business captains consolidate their businesses in this thriving city. Surat is now at par with all other metro cities in terms of overall development, connectivity, social amenities and the like. The commercial sector in Surat has also witnessed a boom of late owing to sustained business growth here. Surat is an example of properly planned growth and development and this has definitely boosted demand for residential projects here. Surat offers favorable investment prospects in terms of commercial projects, industrial parks, residential bungalows, apartments and villas. All of these offer huge returns on investments to buyers, particularly with the huge growth of the city. Investing in commercial and residential real estate is a good proposition in Surat and also in Chennai which has been named as a smart city. Both luxury and affordable housing segments are rapidly growing in both Chennai and Bangalore which is also witnessing big demand on the outskirts of the city and near IT hubs.
Mumbai is also another major investment destination which has always had a flourishing commercial market. Investing in commercial projects in Mumbai will also garner lucrative returns over a time period of 2-3 years on an average. Mumbai is witnessing a resurgence of huge demand and being the financial capital of the country and a major commercial hub, demand for quality office space is always high in this metropolis. Investing in residential and commercial properties in areas like Ghatkopar, Santacruz and the Chembur-Wadala belt will yield good returns over the next few years. You can check out landmark offerings like
Rajhans Otium at the tony Santacruz West locality in Mumbai. This project offers easy access to the Juhu Beach and all other important destinations in Mumbai, while ensuring unmatched lifestyles for residents’ courtesy amenities like a swimming pool, two tier security system, high speed elevators and an earthquake resistant structure. Projects like these are sure to garner high returns over a prolonged period of time.