If you are interested in investing in the real estate, then it's advisable to invest in the suburbs and satellite towns of large cities, which have a good connectivity. This is because the prices in the city have gone to great heights and the scope for further appreciation is small.
At the same time various large number of townships are being established around the cities like Delhi, Meerut, Chandigarh and Jaipur. These places provide good investment opportunities.
For example with the start of boom in 2003, prices of the apartments in Patparganj, Mayur vihar and Vasundhara enclave
rose first. But this certainly does not indicate that the prices will continue to rise.
The new upcoming areas like Indirapuram Phase-3, Hi-Tech city in Ghaziabad, Greater Noida and Sonipat are some areas that will provide good returns provided you get to buy then at around Rs 1,500 to Rs 2000 per sq.ft.
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