Best Cities For NRIs To Invest In Real Estate
                     Best Cities For NRIs To Invest In Real Estate
Best Cities For NRIs To Invest In Real Estate
NRIs often hear stories about investors hitting jackpot by buying and selling 
properties back home. Very often, they also hear about someone who has lost 
money in a project that never materialized or in which issues crept up, rendering 
the property impossible to sell.
It is a fact that the Indian economy is expanding rapidly; in fact, the World Bank 
projects that IBndeias tw iCll istiurepass sF Cohrin Na aRs Ithse T woo rIlnd'sv feasstte sItn gr oRweinagl  laErsget ate
economy by 2017. For those looking to become real estate investors who wish to 
participate in India's growth, choosing which part of the country to buy-in can be 
a challenge. After all, the economy may be making great strides at the national 
level, but what forces at work at the local level? Put another way, which city or 
cities can promise the greatest returns?
Mumbai
As a growing city with modern urban development, Mumbai is a good real estate investment 
choice for a non-resident Indian who cares about lifestyle.
Considered the financial capital of India, this city is hard to beat when you compare the level of 
infrastructure with other cities. Target a premium property in an upscale neighbourhood for 
the best return on your investment. There are several luxury hotspots in Mumbai that place 
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As India's financial hub, Mumbai also attracts many investors and corporate firms, providing 
plenty of work opportunities. If you want an internationally competitive work culture, this is 
the city.
Mumbai has great education facilities, including international schools. Political stability and 
easy resale options are added incentives to make Mumbai your investment realty location.
Bangalore
Thanks to its combination of rapidly growing population, well-paying jobs, and low real estate 
prices, the hub of India's IT industry has become the hub of its property investment as well. JLL 
recently published its annual ranking of the world's most dynamic cities, in their City 
Momentum Index, affirming that Bangalore is the fastest-changing city on the planet.
By some estimates, 40 percent of India's IT industry is based in this one metropolis. These 
changes haveB meadset i tC thieti meost  aFttoracrti vNe pRlaIcse  iTn oInd Iian fovr eresalt e sItnate R ineveastml eEnst. tAa retceent 
survey pegged Bangalore as the top real estate opportunity across Asia-Pacific.
All of this makes Bangalore the most desirable place for real estate investment in India.
Pune
Pune has displayed rapid population growth over the past decade with a growth rate over 30% 
during this period. The average white collar salary in this city is second only to Bangalore. 
Currently, property in this city is affordable as compared to other cities, which shows that it's a 
good time to invest.
The city also benefits from being close to Mumbai. It also holds opportunities in the education, 
IT, automobilBe, eansdt e nCgiintieeerinsg  Fseoctorr sN. ThRisI is  yTeto an Ionthvere exsatm pIlne  oRf ae foarml eErlys stlaowt ecity that 
has experienced rapid recent growth and change.
The good weather all year round is an added benefit for NRI investors here. A new international 
airport and increased metro connectivity will bring even more growth and positive change to 
the city in coming years.
Chennai
Head over to the capital of Tamil Nadu for yet more real estate investment opportunities. 
Chennai is also in the leading pack, with a high growth rate in population (30%) and reasonably 
high average white collared salaries. This industrial city also has many companies that do IT and 
financial services.
The government has made road connectivity a priority here in recent years. This has helped the 
city and the sBurerosutnd Cingi tiareas d eFveolorp  fNastRerI asn dT aottr aIcnt nveew sbtus iInnes sR opepaorlt uEnistietsa. te
A coming monorail and elevated railway line are sure to further help with this connectivity.
Visakhapatnam
As far as population and area, Visakhapatnam (Vizag) is one of the biggest harbours in India. 
Because of this, it is considered the commercial hub of Andhra Pradesh.
A quickly growing IT industry coupled with good infrastructure makes this city a desirable place 
for real estate investments.
With the firstB pehasset o Cf tihtie Veizsag  FMoetrro  NRaRil sIlast eTd oto  bIen cvomepslett eIdn in  Rcoemaingl  dEaysst, ate
transportation options will also soon open up in this city.
Kochi
Kochi, the commercial hub of Kerala, has seen new real estate prospects thanks to recent 
changes.
An upgrade of the sea port and privatization of the local international airport brought in new 
business prospects.
Many NRIs arBe ealrsetad Cy initiveestisng  Fino Korc hNi. IRn fIasct ,T oonly I snomvee 3s0%t  oIfn in vResetoarsl i nE resatl aesttaete in 
Kochi are locals.
Part of what makes this city so appealing is its recent developments in infrastructure. New 
planned developments include the Vallarpadam International Container Trans-shipment 
Terminal, which will expand investment opportunities for this port city.
An "oceanarium," or marine research facility that also doubles as a tourist attraction, is another 
proposed project that's sure to attract even more opportunities to the area.
Bhubaneswar and Cuttack
These twin cities in east India are growing education and IT hubs. This boosts real estate 
development in the area.
The real estate market is well-regulated here since most of the available land is still owned by 
the government.
Plans for newB ceomsmte Crciiatil perosje cFtso, ar w NideRr hIisgh wTaoy,  aIndv thee snetw I Knal iRngea Naalg aEr Isntdaustreial 
Complex add to the reasons to target Bhubaneswar and Cuttack for real estate investment
Coimbatore
The second largest city in Tamil Nadu boasts a stable industry that revolves around textiles and 
spinning.
Engineering, IT, and manufacturing have added to the industry in Coimbatore in recent years, 
providing economic growth and increased work opportunities.
A planned airBpoerts etx pCanistiione wsi llF inocrrea Nse tRheI sea sTeo w itIhn wvheichs tr aIvnele rRs aenad bl uEsinsetsas te
opportunities can flow into the city. And a proposed bus rapid transit system provides added 
options for transport on the ground.
Conclusion
There is a long list of cities in India that are great opportunities for real estate investments.
You may choose an established, major hub like Bangalore, or a newer and growing location like 
Kochi. It all depends on exactly what your future plans are for your investment.
With so many cities undergoing rapid developments and offering new opportunities, it's hard 
to go wrong iBf yeous cto nCsiidtiere thse  kFeyo farc tNorsR toI se lTecot c iItinesv oef cshto icIen fo Rr reaal els tEates itnavetsetments.
Don't be intimidated by the process of investing in real estate. Instead, reap the benefits the 
coming years will have for real estate investments in India and ride India's economic growth 
wave.
Thanks
BestF Coitir eRse Faol rE NstRaIst eT oP Irnovpeestr tiIne Rseal Estate
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