Top 3 affordable housing cities in India.
In today’s world having our own home is not less than a dream. Whether you belong to a middle-class family or an economically poor family buying your home is always a top priority. Everyone wants their roof, where they can live without worrying about rent. The place that is belongs to them. But the rising price of property makes it a dream only.
So how can you turn this dream into reality?
Well, the government of India has already launched many projects to turn this dream of affordable housing into reality. Besides many property developers are also focusing on this area. It makes the concept of affordable housing quite popular in India. The market for affordable housing is growing rapidly and the sector is showing good signs of growth. As the demand is increasing more and more investors are including affordable housing in their portfolios. Many Indian cities are ideal to invest in affordable housing. But we are going to talk about the top three Indian cities that are best. Buy property at Dholera, Ahmedabad, and Kolkata is the best option to generate a good return. Do you want to know how?
Dholera sir the new smart city developing in Gujarat is the best place to make your investment in affordable housing. The prices are quite affordable here. So you can invest with nominal amount also. But the returns you are going to have from here will be higher than any other city.
What is so special in Dholera?
You must be thinking this. Well if you haven’t heard about it, you must be missing a big opportunity. Dholera sir is the first Greenfield city of India with world-class infrastructure, modern amenities, and amazing living conditions. It is going to be the most developed city in India. Just 110km away from Ahmedabad Dholera offers top connectivity globally. It has its airport and seaport also. The highly ambitious project of the central government is the perfect place for your investment.
Ahmedabad is one of the developing cities of Gujarat. It is well known for its sound living condition, infrastructure, and development. Besides in 2021, it has become the most affordable housing market in India. It topped the annual affordability index. Do I need to say more now?
Ahemdabad is providing houses at relatively lower prices compared to other major cities in the country. The abundant land and smart infrastructure make the housing prices low for the people and make it ideal for affordable housing investment.
Kolkata is always counted as the most affordable metro city of India. It offers a good opportunity to invest in affordable housing. The demand for affordable housing is growing day by day. And the favorable government policies are giving it a good boost in the city. There are many new projects at the initial stage in Kolkata. In which you can invest to get good returns in the future.
The segment of affordable housing is becoming popular as the demand is growing. The favorable government policy is also giving a good boom to the market of affordable housing. Many developers are coming with good schemes and innovative offers. This market is expected to turn in 100$ billion in the next five years. Therefore it is the best time to invest in affordable housing to generate good returns in the future.
How Profitable Is Real Estate Investing
Real estate investment is no longer a viable option. There is not much money in this sector. The market is no longer favorable to property purchases and sales.
You’ve probably heard these terms before. People have become more stoic towards the real estate business, especially since the pandemic. And all of this makes you wonder if real estate investment is still worthwhile.
Impact of budget on the real estate sector.
After the various assumption and expectations, we finally have the union budget. On 1 February 2022 finance minister, Ms. Niramala Sitharaman presented the union budget for the financial year 2022-23. From cryptocurrency to agriculture and technology, the budget has a huge announcement for every sector.
Impact of budget on the real estate sector.
After the various assumption and expectations, we finally have the union budget. On 1 February 2022 finance minister, Ms. Niramala Sitharaman presented the union budget for the financial year 2022-23. From cryptocurrency to agriculture and technology, the budget has a huge announcement for every sector. The central government has allocated nearly Rs. 39.45 trillion money to the total expenditure in the budget of 2022-23.