A residential plot always makes for a good investment. Plot investments bring security. They are profitable too if you invest right. For optimal appreciation, location plays a key role.
You can build on home or sell them for their residential value. However, investing in prime residential locations or plots in Mumbai, Delhi or Bangalore are beyond the reach of most investors.
That’s why sub-urban locations which lie adjacent to metro cities are now the top destinations for the middle class to reside in. As a result, homes and residential plots in such areas are now gaining prominence.
If you’re thinking of investing in real estate, specifically a residential plot, here are the top sub-urban location we suggest:
Mumbai’s extending arm – Navi Mumbai
Connectivity, development of infrastructure and booming business are the top reasons why Navi Mumbai tops our list. Navi Mumbai also happens to be the new location for one of the busiest airports in the country. It’s enhancing its connectivity to South Mumbai by adding new railway lines and highways. Additionally, new business corridors are coming up in Navi Mumbai as well. Many top companies like Reliance now call the district its headquarters.
Navi Mumbai also offers spacious residential options and is better planned than the maximum city it sits beside. As a result, Navi Mumbai is now sought after as a residential area. Locales like Panvel and Chembur are already up and coming as an alternative to jampacked life in Mumbai. Whereas others like Kharghar and Airoli are set to follow suit.
A residential plot in Navi Mumbai is a great way to maximize your investment or save for a retired life from Mumbai.
New sub-urban paradise in town – Faridabad
After Noida and Gurgaon, Faridabad has emerged as the go-to for investors. This is owing to Faridabad’s prime location and its growth as a commercial and residential area.
Located in a sweet spot on Delhi-Mathura Road, Faridabad has risen to be Harayana’s industrial hub. Moreover, in an effort to boost this development, the civic bodies in the city are bolstering its infrastructure by enhancing the areas that are close to the nation’s capital.
These areas are expected to experience a residential boom in the near future as more Delhiites move away from the nation’s capital to seek more peaceful, accessible, and pollution-free residence leading to a rise in demand for residential plots and properties. One such area in Faridabad is Godrej Retreat. Located in Sector 83, this township of residential plots is close to several premier schools, hospitals and comes with the brand promise of Godrej.
If you are looking for a good investment around Delhi, then residential plots in Faridabad should certainly be on your list of places to explore for appreciation.
Let your residential plot’s value appreciate
We believe Read article on PropertyPistol Blog if you are planning to buy residential plot in Navi Mumbai and Faridabad. will be sweeping the real estate market in the near future. More middle-class and upper-middle-class families will move to Faridabad and Navi Mumbai to seek refuge from the high property prices, polluted environment and lack of space. Additionally, new developments and infrastructure in the areas will lead to a value appreciation in property in these areas.
Thus, if you are looking to invest in a residential plot, then head to PropertyPistol.com and look up land for sale in these locations.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.