There are many options for a person, who wants to have real estate property in India. The first thing that need to be clear is the location. You should have a clear idea about location, where you want to own any property. As far as Property in India is concerned then there are many cities where real estate is on its boom. In country Delhi NCR, Mumbai, Kolkata and Bengluru are some names among tier-1 cities, where you can plan for real estate property.
Property in India is not limited only to tier-1 cities, but you can plan for tier-2 cities like Lucknow, Patna, Bhopal, Nagpur and others. There are two aspects behind investment either you seek return from investment or you plan for your accommodation. These days with emergence of financial means for assistance, one can easily own property. In country like India, you can say so that, we are still not the leader of real estate business. Countries like Singapore, UAE and Malaysia are still the leading names in Asia.
Over the last few years, government policy has gone under great modification. Among Indian cities, development of Chandigarh, Jamshedpur, Gandhi nagar and Raurkela is biggest achievement of Indian government. India is second most populated country in the world, but on the front of urban population, this country is among the toppers from bottom.
For us, the biggest challenge is accommodation for everyone in country. Government has started various plans like “Indira awas yojana” for homeless people. We can not think for a Burj Khalifa in country until we don't ensure proper residence for everyone.
