Which are top cities for real estate investments?


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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