Wednesday 2 January 2013

Trivandrum among best Indian cities for real estate in 2012

As per our research Trivandrum is among the best cities in India in terms of returns in real estate investments in 2012. The list has been prepared using available indices like Nhb residex as well as using our property tracker across India compiled by Nandanam Consultants market research team in 2012.

The following major cities are considered for this list: Chennai, Hyderabad, Bangalore, Kochi, Mumbai, Delhi, Pune, Kolkata, Ahmedabad, Trivandrum.

Amongst the cities which recorded significant real estate returns last year included Chennai - 15 to 18% growth, Pune - 16 to 18% growth, Trivandrum - 14 to 17% increase in property rates, Ahmedabad - 12 to 13% rise in the last year. Other cities like Mumbai and Kochi remained more or less static in terms of price increase with less than 5% increase in the last year due to availability of excess inventory.

Today Nandanam Consultants is seeing a renewed interest in Trivandrum in terms of purchase of villas. Customers are expressing interest for budget and luxury villas in Trivandrum ranging from 50 Lacs to 1cr.






No comments:

Post a Comment