Latest Answer: Yes Tier 2 cities in North India are always a better choice than Tier 1 cities as they offer more affordable homes than big cities. The major Tier 2 cities in North India that offers great promises in short term are Jaipur, Nagpur, Surat, Nashik, Baroda and Dehra Dun. Lot of new projects are coming up here. Choosing a property within a residential complex will be a good idea. But compared to Tier 1 cities amenities are less here and options for upper middle class will be also less compared to Tier 1 cities. But if you are investing for the sake of returns, these facts should not affect your decisions. You may go ahead and look out for the best option taking the help of a trusted real estate portal.
Q:I am planning to buy an apartment in Indore. Which is best location to buy a residential flat with good amenities and which gives me good short term gain returns?
Latest Answer: Dude....it's a dead place. I am regreting my invevestment done in elf in 2008. My other properties in Mumbai and Bangalore are giving far better returns. Don't be emotional indori like me and stay away...u better invest in Mumbai, Pune, Delhi ncr, Bangalore...u will never regret....never get into rotten cities like Indore, Bhopal, Lucknow, Kanpur...
