What are the Real Estate investment opportunities in Central India?

Before investing in either property or market, a survey and an assessment should be done regarding the safety, security, cleanliness and return more than inflation. The real-estate survey in India shows that all metro cities along with major cities can be chosen for investment since they provide great money back returns. Investors can go for residential or commercial property or in lands and plots. Depending on the money one has, investing in a tier 1 city is advisable, in a good location. Studies and surveys of the property trends in the past one decade regarding the improvements and a prediction of what is going to improve in the coming decade will provide wisdom to make a decision.

Real-estate sector is the best sector for profitable investment. Investment in real estate properties like 2 bhk flats in Nagpur is the biggest choice in one’s life. So, if the property to be invested is either for living or investment, extreme care must be taken. Whichever be the part of India, the price of real estate will increase and the price appreciation will be different for different cities.

After the recent collapse of the economy in China, there is a real estate recession globally and investing in tier 2 and tier 3 cities under Smart City Project, will give more returns as compared to tier 1 or metro cities.

Real estates are the performing assets and it is always a good idea to invest in them. It is very tricky to know as to what kind of real estate project on one should invest that will bring the maximum ROI. People are opting to invest on properties in the outskirts of the city since they are less expensive than the same type of property in the heart of the city.

The concept of urbanization is seeing a rapid growth in today’s fast paced, tech-dependant world. India being a developing country has welcomed these modern and progressive growth changes. Buying and owning a property is a very positive investment strategy that can be both productive and satisfying. Investing in Real estate can be rewarding as it allows diversification of assets. It can be seen that real estate have a negative correlation with assets like gold, stocks, etc.If investment is done with availing home loan, tax benefits can be claimed. Also real estate provides rental income and a combination of rental income and value appreciation bets the inflation successfully.

There are some dos and don’ts before considering investment in a property.

Do's: 

Invest in a developing city earmarked to be developed as a smart city and not in a developed one. Investment in villages is beneficial only if it is earmarked for developing into a city, otherwise liquidation may be a problem. Purchasing property in a city having Industrial or Government exposure and near to a highway is a better choice. Choose a city with water resources like rivers which will be beneficial.

Don’ts: 

Do not invest in saturated cities since there is no guarantee as to what will happen the next day. Do not choose flat over a plot as rental yields are less compared to EMI. Do not choose a place where illegal properties are on high. Analyze the growth of the place in the coming next ten years before you choose to invest. Surveying and using all logic and permutations and combinations and the risks involved, one has to make a prudent decision.

Nagpur, the orange city is strategically situated at the centre of India and has great connectivity to all parts of the country. Recently a great boom is witnessed in this city regarding investments in residential such as 3 bhk flats in Nagpur and commercial properties and has emerged as a growing investment hub and has attracted many investors for putting their capital. Nagpur boasts of good quality of life, public transportation and greenery and hence made a niche in the investor’s market.