The laws, changes and amendments introduced in recent years through various policies have dented the real estate sector to some extent. But having said that, the South region of India has managed to maintain a steady growth during this period. One of the prime reasons for this was the gigantic rise of the IT/ITeS and e-commerce industries present in this region.
Factors such as excellent infrastructure, affordable land prices, finest healthcare facilities, great education system, skilled labourers, and pleasant weather make this region one of the most preferred residential destinations in India.
Here are four cities that you should consider investing in in the near future.
CHENNAI
The vibrant city of Chennai has shown significant demand in the real estate market. Chennai offers a wide range of housing options at lowinterest rates across all price ranges.
The city’s neutral stance on many communal and political opinions has also played a huge demand in real estate investment. The city is also home to renowned educational institutes, medical facilities, IT hubs, automobile, and textile industries.
KOCHI
A gateway to Kerala, the city of Kochi has made its entry into the top 20 smart cities in the country. With the ever-increasing demand for residential and commercial projects, the city will receive real estate investments close to 2100 crores in the next few years.
Kochi has the potential to be a great commercial as well as educational hub. Being a port city, the city has also the potential to provide great job opportunities across various sectors.
BENGALURU
Bengaluru continues to top the list for real estate investment. The city has all the bragging rights for its smart and well-planned infrastructure, affordable housing options, and probably being one of the largest IT hubs in the country.
The last few years, despite the pandemic, have shown a significant demand in the housing and real estate sector.
HYDERABAD
Hyderabad has always been considered one of the most rapidly growing markets in south India. This city offers great connectivity. Many experts believe the city will offer great returns on investment. Moreover, the city will also benefit
from many upcoming infrastructural projects such as the international airports and metro projects that will boost its internal connectivity.
