Small Towns for real estate investments

Q: Is is a good idea to invest in small towns? Are they ideal?

Daksh, Bangalore

29th January 2014

Investment Advice in Bangalore

real estate investments

real estate market

residential real estates

Follow Discussion

Also see discussions for

Bangalore Investment Advice Investment Advice in Bangalore

Replies (5)

Yup tier II cities are the future of real estate

gutch.aadi, Apartment Resident

12th February 2014

Comment

What is the reason that the developers are rushing to small cities?

Daksh, Bangalore

29th January 2014

Comment

Cost of construction and land price in Noida, Gurgaon and in metros is incredibly high. Furthermore, the number of approvals required by a developer to launch a project are more, which justifies the shifting of the developers to small towns of India.

Neha Patel, Bangalore

29th January 2014

As per property consultants, in 2013 sales in the mid-premium segment were mainly recorded from the areas adjacent to the metros and the units were priced at an affordable range. Good connectivity and proximity to industrial hubs make such peripheral region near the metros, ideal for investment in 2014.

Dilip Joshi, Bangalore

29th January 2014

What are the advantages of investing in smaller towns?

Daksh, Bangalore

29th January 2014

Comment

The advantages of investing in smaller towns are:

1) In comparison to bigger towns, properties can be availed at a much cheaper rate in small cities. This promises of greater cash flow and better return on investment for the investors and developers.

2) Small cities boast of less competition and fewer regulations.

3) Affordability hardly finds any relevance in big towns and cosmopolitan centers.

James, Bangalore

29th January 2014

Going by the NHB(National Housing Bank) data, cities such as Guwahati, Raipur, Patna, Lucknow, Chandigarh, Ahmedabad and Surat witnessed price appreciation in the Q3 2013, while the property prices in Bangalore and Delhi hit the skids in the same quarter. Although, prices remained stable in Pune, the same period recorded a rise in property values in Mumbai.

Dilip Joshi, Bangalore

29th January 2014

Comment

Investing in any sector is all about spotting the perfect opportunity, and real estate is no exception. Small towns and cities in the country offer that perfect opportunity to investors and realtors, and promise a good return on investments.

James, Bangalore

29th January 2014

Comment

Small cities which are adjacent to metro and industrial hubs, have recently caught the fancy of the developers in the country, much of which can be attributed to low land cost and increased prosperity.

Neha Patel, Bangalore

29th January 2014