Bangalore is followed by cities like Mumbai, Delhi, Kolkata, entire National Capital Region (NCR) and Hyderabad. Mumbai holds a special place in the hearts of the people who are attracted towards the city due to its diverse work force, employment opportunity, cosmopolitan culture and glamour.
Kolkata (9 per cent), NCR (8 per cent) and Hyderabad (6 per cent) are the other key real estate investment destinations of 2014.
Mumbai (11 per cent) is followed by Delhi (10 per cent) with buyers willing to buy a property here. The survey also reveals that with a new international airport and proliferation of metro services to the NCR region, Delhi has also witnessed a healthy growth in the infrastructural development.
It has been found that 49 per cent, of the urban working class are keen to invest their money in buying residential properties than commercial properties as the latter are beyond their means and require higher investments.
According to the survey done by the Associated Chambers of Commerce and Industry of India (ASSOCHAM)., Bangalore has emerged as the most preferred destination for buying a house in 2014, because of the connectivity, infrastructure and basic facilities.