5 Big Cities That You Can Afford In India


Nirmal Singh Lotus Green finds out that Indian real estate market has an interesting trend ranging from big to small cities. One can buy extravagant property in big cities: Delhi and Mumbai, but then it has its long list of disadvantages too. If someone wishes to stay in these metropolitan, then they have to bear the consequences too.

Nirmal Singh Lotus Green would like to take the reference of Magicbricks to streamline the real essence of India’s real estate market

Bengaluru

Bengaluru developed from strength to strength in the real estate sector. The city has lately observed more than 3 per cent rise in the growth pattern in last three months. As far as budget is concerned, the maximum property ranges from Rs 2,500-5,000 per sq ft for low-budget buyers, while Rs 15,200-17,000 per sq ft.

Hyderabad

Nirmal Singh Lotus Green is more than happy to announce that Hyderabad is the most price-conscious city in the country, and people can buy property here at dirt cheap price starting from Rs 1,400-3,000 per sq ft. The maximum property rate starts from Rs 3,500-5,500 per sq ft. Miyapur and Chandanagar are the closest emerging residential affordable locations from the IT hotspots of Hitec City and Gachibowli.

Chennai

Over a period of three months, Chennai, the capital of Tamil Nadu is on the Tier-1 list of smart cities. Chennai is a beautiful city to live in, with a blend of modern lifestyle and traditional customs. The city has witnessed a growth of 5 per cent in the last three months. Property price in Chennai ranges from Rs 3,000-5,000 per sq ft in areas such as Madipakkam and Porur. Properties ranging from Rs 18,000-29,000 per sq ft can be found in localities such as Mylapore, Nungambakkam, Alvarpet and RA Puram, among others.

Pune

Pune is also counted among the list of Smart Cities as per the data released by Indian government. The city is also witnessing rise in real estate due to the growth in the automobile and IT sectors. The area is indeed close to Mumbai, and hence the rates are also influenced accordingly, starting from Rs 2,200-3,500 per sq ft in the affordable segment to Rs 14,500-20,000 per sq ft in the premium segment.

Ahmedabad


Nirmal Singh Lotus Green would lastly like to inform about Ahmedabad, Gujarat’s largest business trading hub, as a lucrative place to invest in business. This city is for end-users. One can easily find a property ranging between Rs 2,700-4,000 per sq ft in Mahadeonagar and Kale Padal, while the price for premium segment ranges between Rs 7,000-9,000 per sq ft.
Location: India

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