BrixResearch Moderator says: Real estate values in big cities stands at dizzying heights, making it difficult for most to buy property there. Sample this: plot rates for central Delhi are 80000-500000 Rs/sq yard presently. While property rates for plots in Chandigarh (central region) are 15000 Rs/sq yard.
Big cities are mostly chocked with development, with very little scope for expansion. Hence the focus has now shifted to smaller cities where ample space is available for expansion and the infrastructure resources cost low.
Given a choice, where would you like to invest:
- Any upcoming small/suburban town, where land and infrastructure resources are cheap
- Big city where real estate rates are high and rentals returns can fetch good profits
Share your responses in the comments section.
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