The tier-II cities definitely do not have all top-notch facilities to experience good living but they are certainly a place worth investment. The developing infrastructure and increase in demand for housing are the primary reasons to invest in the real estate market of tier-II cities. Hence, we are listing the options of best II-tier cities in India to make a property investment.
This city of Nawabs is the first amongst tier-II cities to make a property investment. The city is spread over 2,528 square kilometers and is expecting to witness manifold growth in the population by 2031. The locales like Sultanpur Road, Rae Bareli Road, Faizabad Road, Kanpur Road and Shaeed Path are the best to own affordable property. Recently, 197 villages are brought under the jurisdiction Uttar Pradesh’s capital city Lucknow.
The former capital of Gujarat is situated on the bank of Sabarmati river and is known for being an important economic and industrial hub in India. The inclusion of Ahmedabad under the Smart City Mission has already escalated the enthusiasm of the real estate sector here and the constant down pour of people in the city from different corners of India in search of work and livelihood has made it a location worth investment. The Bopal, Chandkheda, Thaltej, Jodhpur and Prahlad Nagar are the hot picks for property investment in Ahmedabad.
This is the second Gujarati city that has witnessed expansion in multiple dimensions. The Surat metro and the major point between Ahmedabad-Mumbai bullet train project is making the city grow at a fast pace. The Adajan, Pal, Palanpur and many other localities falling close to the rail route are the best locations to make a property investment. This city is located in the south of the Gujarat’s capital city Gandhinagar and offers smart connectivity to Ahmedabad, and Mumbai.
The second capital of Maharashtra is the next best II-tier city to make a property investment. The inception of metro in the city, expansion of the city like never before and the option to experience luxury in a calm city are the reason to invest here. The areas like Wardha Road, Wardhaman Nagar and Hingna Road are the best to look for the investment purpose.
This city of the National capital region has marked its presence on estate sector’s map. The better infrastructure like flyways and metro close to the residential areas like Mohan Nagar, Raj Nagar and Hindon has made this location a worth place to plan investment. Apart from this, the close proximity to Noida, Greater Noida and Delhi is the main reason that people are moving here. The Raj Nagar extension, Mohan Nagar and Vasundhara are the localities to invest in.
The city is close to Gurgaon and is expected to witness manifold growth in the population is seeking investment in the housing sector. Also, the people currently residing in Delhi or other cities are gradually moving to Faridabad as its proximity with Gurgaon that offers best working opportunity. The Nehrapur, Surajkund and Green Valley are the best areas to make a property investment.
The work culture of this place is making people fall in love with the city. Also, the disciplined lifestyle of this southern city is the one thing that attracts everyone who resides here even for a short period. So, you can plan property investment here in as well.