Track2Realty picks up Investment Magnet Cities of India through a comprehensive pan-India survey. The idea is to identify the top real estate destinations for the home buyers in the country.
Bengaluru
Rank No. 1
Buyers’ Preference Score= 81.7
- Quality of Life 8.5
- Physical Infrastructure 7.0
- Social Infrastructure 8.4
- Investment Attraction 8.6
- Job Magnet 8.5
- Living2Earning Balance 7.2
- Real Estate Opportunities 8.4
- ROI Potential 8.8
- Law & Order 8.5
- Global Competitiveness 7.8
Consumer choice index
2019: Number 1 Score: 81.7
2017: Number 1 Score: 73.1
Five key takeaways for Bangalore
- Most cosmopolitan outlook for young India
- City a job magnet in general, and IT/ITeS in particular
- Good delivery & quality track record of developers
- Good climatic conditions & law & order
- Cost of apartment not higher than national average but rental highest
Market trends
- Fresh supply: 0-7
- Affordability index: 0-5
- Price crash probability: 0-4
- Growth corridors: 0-6
- NRI outlook: 0-7
Mumbai
Rank No. 2
Buyers’ Preference Score= 81.0
- Quality of Life 8.0
- Physical Infrastructure 7.4
- Social Infrastructure 8.5
- Investment Attraction 8.8
- Job Magnet 8.5
- Living2Earning Balance 7.0
- Real Estate Opportunities 8.3
- ROI Potential 8.5
- Law & Order 8.2
- Global Competitiveness 7.8
Consumer choice index
2019: Number 2 Score: 81.0
2017: Number 3 Score: 69.2
Five key takeaways for Mumbai
- Financial capital of India a big job magnet
- Best cosmopolitan life & lifestyle options
- Mecca of Indian real estate with most iconic real estate structures
- Costliest market, luxury landscape & sizeable appreciation
- Ever growing outskirts & connectivity with Tier II cities
Market trends
- Fresh supply: 0-5
- Affordability index: 0-2
- Price crash probability: 0-7
- Growth corridors: 0-8
- NRI outlook: 0-7
Hyderabad
Rank No. 3
Buyers’ Preference Score = 80.3
- Quality of Life 8.2
- Physical Infrastructure 7.4
- Social Infrastructure 8.0
- Investment Attraction 8.5
- Job Magnet 8.2
- Living2Earning Balance 7.4
- Real Estate Opportunities 8.1
- ROI Potential 8.5
- Law & Order 8.4
- Global Competitiveness 7.6
Consumer choice index
2019: Number 3 Score: 80.3
2017: Number 6 Score: 67.2
Five key takeaways for Hyderabad
- Immense potential of growth with political stability
- With MNCs setting up campuses, job market to grow
- Expected to outperform other IT destinations
- Expected ROI forecasted to be among the best in India
- Improving infrastructure and the perception of a safe market
Market trends
- Fresh supply: 0-6
- Affordability index: 0-7
- Price crash probability: 0-3
- Growth corridors: 0-8
- NRI outlook: 0-6
Gurugram
Rank No. 4
Buyers’ Preference Score = 79.4
- Quality of Life 8.0
- Physical Infrastructure 6.7
- Social Infrastructure 8.4
- Investment Attraction 8.4
- Job Magnet 8.4
- Living2Earning Balance 7.5
- Real Estate Opportunities 8.4
- ROI Potential 8.2
- Law & Order 7.6
- Global Competitiveness 7.8
Consumer choice index
2019: Number 4 Score: 79.4
2017: Number 4 Score: 68.8
Five key takeaways for Gurgaon
- First choice for living in Delhi-NCR region
- Land of luxury, corporate hub & night life
- Availability of property across budget segment
- Pockets of job magnet for expat professionals
- Possibility of sprawling growth
Market trends
- Fresh supply: 0-6
- Affordability index: 0-5
- Price crash probability: 0-7
- Growth corridors: 0-7
- NRI outlook: 0-7
Pune
Rank No. 5
Buyers’ Preference Score = 79.0
- Quality of Life 8.1
- Physical Infrastructure 8.0
- Social Infrastructure 7.7
- Investment Attraction 8.0
- Job Magnet 8.2
- Living2Earning Balance 7.4
- Real Estate Opportunities 8.0
- ROI Potential 8.0
- Law & Order 8.0
- Global Competitiveness 7.6
Consumer choice index
2019: Number 5 Score: 79.0
2017: Number 5 Score: 68.5
Five key takeaways for Pune
- Affordable property prices compared to neighbouring Mumbai
- Job market across the industries a big magnet
- Phenomenal growth in main city; opportunity galore in periphery
- Proximity to weekend destinations & retirement living
- One of the best market from the standpoint of ROI
Market trends
- Fresh supply: 0-7
- Affordability index: 0-7
- Price crash probability: 0-5
- Growth corridors: 0-8
- NRI outlook: 0-6
Kolkata
Rank No. 6
Buyers’ Preference Score = 77.8
- Quality of Life 7.8
- Physical Infrastructure 7.8
- Social Infrastructure 7.6
- Investment Attraction 8.0
- Job Magnet 7.4
- Living2Earning Balance 7.7
- Real Estate Opportunities 8.0
- ROI Potential 8.2
- Law & Order 7.8
- Global Competitiveness 7.5
Consumer choice index
2019: Number 6 Score: 77.8
2017: Number 9 Score: 63.7
Five key takeaways for Kolkata
- Scaling up on infrastructure & connectivity; best bet in Eastern India
- High inventory level offers competitive price at this point; end user market
- Rise in commercial realty demand suggests residential demand & appreciation on the cards
- Slow & easy life; choice of investors who prefer relaxed life
- Luxury landscape attracting NRIs and high net-worth individuals, indicating growth ahead
Market trends
- Fresh supply: 0-8
- Affordability index: 0-8
- Price crash probability: 0-7
- Growth corridors: 0-6
- NRI outlook: 0-7
Chennai
Rank No. 7
Buyers’ Preference Score = 77.6
- Quality of Life 8.0
- Physical Infrastructure 7.8
- Social Infrastructure 7.5
- Investment Attraction 8.0
- Job Magnet 7.2
- Living2Earning Balance 7.5
- Real Estate Opportunities 7.6
- ROI Potential 8.4
- Law & Order 8.2
- Global Competitiveness 7.4
Consumer choice index
2019: Number 7 Score: 77.6
2017: Number 2 Score: 70.1
Five key takeaways for Chennai
- New apartment culture catches fancy of home buyers
- Availability of plots & villas; buyer market & no speculation
- Lower ticket size and decent appreciation
- Projects with social infrastructure on the outskirts
- With social amenities, retail & entertainment growth, city scaling up on urbanisation
Market trends
- Fresh supply: 0-6
- Affordability index: 0-5
- Price crash probability: 0-4
- Growth corridors: 0-6
- NRI outlook: 0-6
Ahmedabad
Rank No. 8
Buyers’ Preference Score = 76.5
- Quality of Life 7.8
- Physical Infrastructure 8.5
- Social Infrastructure 7.4
- Investment Attraction 7.8
- Job Magnet 6.7
- Living2Earning Balance 7.3
- Real Estate Opportunities 7.4
- ROI Potential 8.0
- Law & Order 8.4
- Global Competitiveness 7.2
Consumer choice index
2019: Number 8 Score: 76.5
2017: Number 8 Score: 66.2
Five key takeaways for Ahmedabad
- Striving to emerge as a global business destination; hopes high with GIFT City & other growth corridors
- Reasonable property prices due to over-supply; predominantly affordable market
- Physical infrastructure among the best in India and still growing
- Industrial growth in the triangle of Ahmedabad-Vadodara-Surat expected to ignite real estate prices
- Shift of Mumbai businesses promises job market ahead
Market trends
- Fresh supply: 0-7
- Affordability index: 0-7
- Price crash probability: 0-5
- Growth corridors: 0-8
- NRI outlook: 0-7
Chandigarh
Rank No. 9
Buyers’ Preference Score = 75.5
- Quality of Life 8.0
- Physical Infrastructure 8.0
- Social Infrastructure 7.8
- Investment Attraction 7.4
- Job Magnet 7.0
- Living2Earning Balance 7.0
- Real Estate Opportunities 7.2
- ROI Potential 7.8
- Law & Order 8.1
- Global Competitiveness 7.2
2019: Number 9 Score: 75.5
2017: Not in Top 10
Five key takeaways for Ahmedabad
- Most well-planned and cosmopolitan city of North India with excellent social infrastructure
- Many growth corridors with New Chandigarh, Zirakpur, Mohali, Ambala Highway, Dera Bassi, Mullanpur etc
- Expected to emerge as a job catchment city with SEZs and emergence of IT/ITeS corridors
- High livability index with clean & green city that promises to resemble Singapore
- NRIs top pick in North India for reasonable property prices
Market trends
- Fresh supply: 0-8
- Affordability index: 0-7
- Price crash probability: 0-6
- Growth corridors: 0-7
- NRI outlook: 0-7
Coimbatore
Rank No. 10
Buyers’ Preference Score = 74.6
- Quality of Life 7.8
- Physical Infrastructure 7.6
- Social Infrastructure 7.2
- Investment Attraction 7.2
- Job Magnet 7.0
- Living2Earning Balance 7.5
- Real Estate Opportunities 7.4
- ROI Potential 7.5
- Law & Order 8.0
- Global Competitiveness 7.4
2019: Number 10 Score: 74.6
2017: Number 7 Score 66.4
Five key takeaways for Coimbatore
- Good climatic conditions and quality life; first choice of retired professionals
- A top choice for NRIs from both Tamil Nadu and Kerala
- Emerging job magnet as economy grows beyond textile to engineering, automobiles, manufacturing & IT/ITeS
- Least demand & supply mismatch; reasonable property prices
- Fastest growth expected among the South Indian cities
Market trends
- Fresh supply: 0-7
- Affordability index: 0-8
- Price crash probability: 0-4
- Growth corridors: 0-7
- NRI outlook: 0-9
Track2Realty is an independent media group managed by a consortium of journalists. Starting as the first e-newspaper in the Indian real estate sector in 2011, the group has today evolved as a think-tank on the sector with specialized research reports and rating & ranking. We are editorially independent and free from commercial bias and/or influenced by investors or shareholders. Our editorial team has no clash of interest in practicing high quality journalism that is free, frank & fearless.
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