Latest Answer: Among the Tier II markets, Indore has an advantage because of availability of cheap labour, low interest rates and commercial viability.
For good investment u can look for below areas...
1. Near Airport - not much developed but expecting good return and development after TCS and other companies start functioning.
2. Near Bombay hospital
3. Near Rajendra Nagar
Last two being equidistant from Airport area and city center are doing good in terms of price rise n development.
Q:Hello! I am from Pune, and I have to shift to Hyderabad in the next few months and I am planning to take up a place in Rajendra Nagar? What are your suggestions? How is this area?
Latest Answer: Hey the rental price in this area is also pretty cheap. I think the price per sq ft for rental houses starts from rs 8 for apartments and rs 9 for independent houses. You can visit the area once and see them for yourself.
