Mumbai
Mumbai, India's financial capital is one of the most expensive places in the world to buy a condominium unit, according to a Global Property Guide survey. Areas like Vasai, Mira-Bhayandar, Bandra-Kurla have seen tremendous development in recent years.There is a lot of development in Borivali and Kandivali due to Charkop and Lokhandawala projects. There are lot of offices and malls in these areas.
Another developing area in Mumbai is Mira Road, although it is officially not under the BMC, it enjoys all the facilities available in Mumbai like 24 hour power supply from Reliance Energy, telephone services from MTNL, piped gas from Mahanagar Gas Limited (MGL), and bus services from Bombay Electric Supply and Transport Company (BEST). State Transport (ST) and Thane Municipal Transport (TMT) buses run between Mira Road and Thane.The TMT is running its bus services from Mira Road to Thane also the Mira-Bhayandar Mahanagarpalika has started its own bus service under the title of Mira Bhayandar Municipal Transport (MBMT). The Mira Road train (railway) station on the Western Railway line of the Mumbai suburban railway. Mira Road today is one of the most growing areas in Mumbai. Thakur Mall, Cine Max Theater , Rassaz Theater , Reliance Fresh, Big Bazaar, Asmita supermarket, Spinach, Reebok Store, Subhiksha, Vijay Sales and various other shopping outlets and malls are present at this place. McDonalds situated on the Mira Bhayandar Road off Beverly Park Road and Thakur Mall, Smoking Joe's at Jangid towers, Cafe Coffee Day at Naya Nagar and Thakur Mall, Pizza Hut and others are the eatery that are present here.
Pune
Pune is one of the developing cities in Maharashtra India. Pune Property is considered as one of the top commercial hub in Maharashtra after Mumbai. Pune city is becoming more cosmopolitan with a population of more than 7 million and growing.There has been considerable progress in terms of infrastructure development in Pune, yet it cannot contain the growing demand of real estate properties of both residential and commercial category as there are no place left for further growth in the core of the city.
Hadapsar
It is an eastern suburb in Pune City, well known for two SEZs Magarpatta city and Fursungi IT Park. Amdocs, John Deere, Accenture, EXL, IBM, TCS, Aviva, Honeywell and Zensar are among the few IT companies in Hadapsar. Hadapasar is picking up as many big real estate projects have come up in the vicinity of Hadapsar.
Aundh and Baner
These are suburbs in the North-West of Pune. It has developed significantly, as a residential area with proximity to the University of Pune and one of the Software Technology Parks of India complexes at Hinjewadi and has easy access to Pune-Mumbai Expressway.The real estate development has boomed in recent years with mega projects like Nanded City which has come up in this area with state of art facilities and amenities. Once considered as out skirts of Pune City, the infrastructure development which has come along on Sinhagad road has given a boost to real estate development in this area.
Hinjewadi
One of the fastest developing IT hub of Pune located north-west to Pune city. Hinjewadi is 10 km from Pune city, 21 km from Pune airport and 16 km from Pune Railway station. Hinjewadi about one and a half hours from Navi Mumbai and two and half hours from Mumbai city via expressway. Pune IT sector employs more than 70,000 people. In addition to existing software companies like Infosys, Wipro, Satyam, TCS, Cognizant and IBM Global, others are planning to set up operations in Pune, including software giant Microsoft, which intends to set up a Rs 700-crore facility in Hinjewadi.
Warje
This one is the fastest developing residential and commercial areas in the suburbs of Pune. Easily accessible from Hinjewadi, NH4, Baner, Aundh, Kothrud-Paud Road, Karve Nagar, Sinhagad Road and Katraj makes it one of the potential localities in the vicinity of Pune. In recent years the infrastructure development which has come up in Warje has given a boost to real estate development in this area. Areas close to Warje are Anandnagar, Dhayri, Ambegaon, Wadgaon Budruk, Vittalwadi.
Kharadi
Kharadi is situated on the western boundary of PMC limit is undergoing a rapid change and to be considered as the next IT hub of Pune City after Hinjewadi. IT company’s like Zensar technologies has already taken their first step into looking at Kharadi as the next potential IT hub, by building their 60 crore campus in Pune’s new Silicon Valley.
Moreover, it is a god option to invest in property in Pune.
Bengaluru
Considered to be one of the most happening cities in India, Bangalore has become a major hub for techies. It is not only IT or BT that is driving people to this city, but well planned residential areas, growing property demand and the pleasant weather are some of the major attractive factors. From hi-tech villas to a simple one room house, the choices are plenty in Bangalore.There are places in Bangalore which are more or less exclusively known for its commercial colour. It includes places like MG road, Infantry road and Brigade road. You may find it difficult to get a house in this area, but there are well-planned residential areas near to it which includes Koramangala, Indiranagar, HAL and Jayanagar.
Sadashivnagar
One of the costliest residential areas in Bangalore. You can find ministers, MLAs and top notch politicos as your neighbours here. Located in the north part of the city, it is one of the best residential areas in the city.
Indiranagar
A stylish, yet an average budget locality in Bangalore. Well connected to the city, today Indiranagar has become one of the main shopping locations. Pubs, bars, gyms, top class cloth houses, parks, hospitals, and hotels - this eastern suburb is a place to live.
Koramangala
Near to Indiranagar, yet another stylish and medium budget locality. Here you can find a good number of techies. Well planned houses, good roads and its proximity to the city make it a dear location.
Banashankari and Jayanagar
Medium budget places with good infrastructure, this makes Banashankari and Jayanagar an ideal place for living. Techies working at Electronic city area may find these places comfortable.
Malleshwaram
It is the 'green' factor that comes to one's mind talking about Malleshwarm. One of the greenest and most beautiful places in Bangalore, this suburb is occupied by Kannadigas.
Marathahalli
Close to Whitefield and Sarjapur Road, Marathahalli is the most preferred area by techies. Mostly bachelors find their den here. But today, scores of flats have changed the face of this small area. A medium budget locality with well connected roads to any part of the city is what makes Marathahalli a much sought after place.
BTM
Working at diary circle, electronics city or Madiwala area, then BTM Layout is the place for you. This small budget locality is mostly filled up by techies and students. Well connected roads and a congenial environment is what BTM promises.
Madiwala
An area for small budget house seekers, Madiwala has today become one of the most crowded areas of Bangalore. It can be best described as an area surrounded with temples. Techies, students, and lot other professionals find Madiwala a very convenient location as far as connectivity and infrastructure are concerned.
HAL
Comes in between Indiranagar and Marathahalli. This area is mostly occupied by families. Well connected to the city and better infrastructure makes it dearer. You can find any number of medium budget houses in this locality.
K.R Puram
Another area dominated by techies is Krishnaraja Puram or K.R Puram. Well connected to the city, you can find hundreds of flats in this area, depending on your needs.
Apart from these locations there are also many other areas in Bangalore, which you can consider like Basavanagudi, JP Nagar, Ulsoor, Cox town, Frazer town are some among them.
Hyderabad/Secunderabad
Hyderabad is growing and the city have good status in global market. Hyderabad is hot property right now. With the booming IT sector, the city is now also gearing up for the influx of millions of international travellers who will be commuting through the new Shamshabad International Airport, also various mega projects like new Hardware Park, IT Parks, Textile Parks, Seven Star Hotels and many more projects have put Hyderabad city on demand".
When it comes to investing in Hyderabad real estate, the craze is no long confined to the posh Jubilee Hills and Banjara Hills, but has now shifted to the city outskirts like Manikonda, Nanakramguda, Gopanpally, areas near the Hitech City including Kukatpally, Gachibowli and Madhapur. Thanks to the IT boom.
Banjara Hills
Banjara Hills is one of the western situated areas of Hyderabad city. The regions around the township include Panjagutta, Jubilee Hills and Mehdipattnam. The place as such shares a little with the famous technological city. There are many software companies who do regular business in the these parts. Anwar-Ul-Uloom College of Management is one of the reputed institutes in and around the city of Hyderabad and is located within the premises of this township.
Hitech City/Cyberabad
Hitech City is one of the upcoming technological centres in the city of Hyderabad. It is situated towards the north west of the city,the region being popular as Madhapur.itech City stands a full ten storeyed cylindrical building that houses technological big wigs like Microsoft, IBM,Metamor, Toshiba, Oracle, Wipro and many more. The space covered by this grand IT park which is famous as Cyber Towers is well above five lakh square feet. The region around is provided with yet other buildings featuring the same characteristics. There is an Earth Station located in Hitech City that provides the fast communication link with the five continents of the world.
Jubilee Hills
he place is situated on the way to highly acclaimed Hitech City from Hyderabad. Jubilee Hills is some what sandwhiched between Hitech City in the north west and Banajar Hills in the south east. Roadways provides access to the region from the city.The Film Nagar located in the south is yet other important site. Amonst colonies Journalist Colony and MLA Colony stand out as popular residential places. The card-carrying establishments located in the region include Institute of Yoga and Nature Care, Hyderabad Gymkhana, L.V.Prasad Eye Clinic, Appolo Hospital and Krishna Hospital. Present in the township are many studios and restaurants. The famous studios located in the region include Ramanaidu Studio, Padmalaya Studio and Annapurna Studio.
Begumpet
Begumpet is a small locality that can be seen as a region marking the boundary between Hyderabad city and that of Secunderabad. The expansion of commercial activities further north of Hyderabad city has made Begumpet a popular area. The single most important feature of the place is the provision of airport. With the national and international airport terminals located in the region the place serves as the gateway in to the state of Andhra Prasdesh as well the south of India.
Sanathnagar
Sanathnagar is a small industrial area lying west of Begumpet in the Secundrabad city. Conspicuous in the region is the Alladin Officers Colony, Sanathnagar Quarters, Erragadda and Balkampet. The big names in the region include Kohinoor Glass Factory, Hyderabad Asbestos, Lipton India (P) Ltd, Allwyn, ABC India Ltd, A.P.Electrical Equipment Corporation.
Jeedimetla Industrial Area
Jeedimetla is the northern most region of Secunderabad and is about 12 kms from the city center. Medak Road provides the access to the region.The airport is about 9 kms from Jeedimetla region. Hyderabad Airport, wich provides the service is situated towards the south of Jeedimetla Industrial Area.
Trimulgherry
Trimulgherry constitutes one popular residential area of Secunderabad. The Bolarum Road coming from the further north passes through the region and proceeds south into the interiors of Hyderabad city.Some popular localities of the region include Pedda Kamalagiri, Banjara Nagar, Gandhi Nagar and Vivekanandapuram. The Railway Station at Ramakrishnapuram also avails the opportunity of reaching the place. This railway station lies in the vicinity of Trimulgherry.The airport serving the twin cities is located towards the south west of the region and about 4 kms from the place.
Chennai
The demand for real estate in Chennai is largely driven by the growth of IT and BPO sector. Not only has this increased the capital and rental values of commercial property, it has also fuelled a demand for housing for its workforce. Hyderabad and Bangalore are already saturated. Pune and Mumbai have high prices. In Chennai, land is comparatively cheaper because of the availability of large tracts of land. Labor costs are cheaper by 20 to 30 %, compared to other saturated cities. Therefore, talent is available and attrition level is also low. The other sectors driving growth are the automobiles and the electronics industry. In automobiles, BMW is entering Chennai. Hyundai and Ford are already there. Volkswagen is setting up shop in Chennai, giving up on its initial plans of Hyderabad. These manufacturers want to make Chennai their outsourcing base to supply automobile parts all over the world.
OMR Road
The old Mahabalipuram IT corridor is also seeing a new face. This six-lane highway stretching 20 kms is home to many MNCs who are setting up operations here. This has resulted in property prices shooting up in this area. Prices of lands in the Guindy and Ambattur are also shooting up.
Nungambakkam
Majority of retail activity in Chennai is primarily concentrated in and around Nungambakkam, Cathedral Road and T Nagar. Other prominent retail areas are Anna Nagar, Adyar, Besant Nagar, Purasawakkam and Mylapore. The majority of the silk and jeweler retail is in T Nagar. Most of the new brands have positioned T Nagar, high on their priority list for showroom space.
Anna Nagar
The location serves the western part of the city.The Spencer Plaza, which started with a built up area of 3,00,000 sq ft, has now become the mega mall of city with 1.05 million sq ft. The mall nearing completion is near Chennai City Centre on RK Salai road, promoted by the ETA group. It covers 3 lakh sq ft, out of which 2 lakh sq ft, is for shopping and multiplex theatre. The remaining 1 lakh sq ft is for office space. Anchor tenants of this mall are Lifestyle and INOX Multiplex. The second mall being developed is the Ampa Mall on Nelson Manickam Road, with 4-lakh sq ft built up area, and retail area of about 3 lakh sq ft.
Vellachery
Velachery is surrounded by IIT Madras in the south-east, Taramani in the east and Adambakkam in the northwest; other neighbouring areas include Madippakkam, Guindy, Adyar and Thiruvanmiyur. Most of the neighbourhood is populated with houses. As more and more IT parks are emerging on the Old Mahabalipuram road, IT & working-class people are settling in Velachery. Velachery is one of the fastest developing areas in chennai.The highest socio-economic areas in Velachery are Dr. Seethapathy Nagar, Dhandeeswaram, and Vijaya Nagar. Some other areas are Chelliamman Nagar, Ramagiri Nagar, VGP Selva Nagar, Baby Nagar, Seva Nagar, Seshadripuram, Sri Devi Karumari Amman Nagar, Srinivasa nagar, Annai Indira Nagar, Anna Nagar, Tansi Nagar, Sarathy Nagar, Udhayam Nagar, AG's colony, Ram Nagar, Devi Karumariamman Nagar, Gangai Nagar, Venkateshwara Nagar, M.G.R Nagar, Lakshmi Nagar TNHB colony,Sasi Nagar, Ashtalakshmi Nagar, Jaganathapuram, Seva Nagar, Telugu Brahmin Street Rajalakshmi Nagar and Balamurugan Nagar.
Delhi/NCR
Next follows South Delhi- expensive, green, clean, historic, though not well-planned. It is the second most posh locality of Delhi after Central Delhi. South Delhi has 20-25% green cover and is the second highest among all zones of Delhi. Places like Safdarjung Development Area- Delhi second most expensive locality, Hauz Khas, Greater Kailash, Alaknanda, Vasant Kunj, Defence Colony, New Friends Colony, Green Park, etc are considered as the poshest localities in Delhi for some reason or the other.
In West Delhi, there is one Dwarka Subcity- so magnificent the tag subcity has been appended to it! It is a planned residential colony, very close to the airport and arguably the best place to stay in Delhi, given one has heart to laugh any criminal incidents away.
East Delhi barely has any such colonies, though Mayur Vihar is an exception to this. East is the most overpopulated and full of shanties.
North Delhi is a developing region of Delhi. Though predominantly industrial, this is undergoing many project implementations, aimed at raising residential complexes here. Narela Subcity is a future residential hub being built on the lines of Dwarka. Current renowned top localities in North Delhi are Pitampura and Rohini.
National Capital Region (NCR)
Four states are participant in National Capital Region (NCR) of India. These are:
- NCT Delhi
- Haryana
- Uttar Pradesh
- Rajasthan
Zones of NCR
- NCT-Delhi covers an area of 1,483 km2
- Central Capital Region (CNCR) is about 2000 km2. It includes suburbs like Faridabad-Ballabhgarh complex, Gurgaon-Manesar complex, Bahadurgarh, Sonipat-Kundli complex, Ghaziabad-Loni Bulandshahar complex and Noida-Greater Noida complex.
- Highway Corridor Zone proposed with a minimum width of 500 metres on either side of ROW of National Highways. Approximate area is 300 km2 (excluding controlled areas).
The development of the region has given strong impetus to the development of real estate in this entire region. Leading developers like Tata Housing has come up luxury properties such as Raisina Residency and Primanti in Gurgaon. In other areas as well many leading real estate brands have strong presence and are constructing properties in large scale.
The uniqueness of this blog comes from its nature - it is a blog of the buyer, by the buyer and for the buyer.
