Planning to invest in land? Choose right location
If you are thinking of investing in land to diversify your portfolio, make sure that you choose the location wisely. Location is the sole indicator to make your investment a lucrative one in these times. Across cities, there are a number of locations that can be looked at for offering attractive returns.
According to global real estate consultancy, Cushman & Wakefield (C&W), Gurgaon and Noida in Delhi NCR have some good options especially with these cities continuing to gain in economic prominence. In Mumbai, plots are hard to come by, so nearby areas such as Karjat and Igatpuri will offer attractive returns.
South Chennai has good investment areas beyond Tambaram as they are witnessing strong infrastructure impetus and potential economic activity. And if you are looking at Bangalore, locations in the north of Bangalore, especially in and around Devanhalli region, where there is anticipated commercial development, existing airport and other infrastructural developments, are a viable choice.
More : economictimes.indiatimes.com