Chandigarh Real Estate Good Investment Option

Flats in Chandigarh at Makaan.com

If you are a first time investor and you are looking for a decent place to invest in then you must consider Chandigarh real estate. flats in Chandigarh are available at decent prices in the city and therefore flats in Chandigarh are considered as an excellent investment option. Several NRI's also prefer to invest in apartments in Chandigarh as the city offers excellent infrastructural facilities.

Many property experts also feel that Chandigarh real estate is an excellent investment option. Recent MPI report - Makaan property index report states that that the prices of flats in Chandigarh have reported a decline by 4.4%. So this may be a good time to buy apartments in Chandigarh. The prices of flats in Chandigarh will start rising from next few months due to demand revival and reduction in unsold inventory. While the possibility of property rates of apartments in Chandigarh coming down by a margin cannot be ruled out completely but the expectation is that the prices of flat in Chandigarh will rise.

Chandigarh real estate has attract a number of buyers because of affordibilty factor and it will continue to do so in the future also. Cities that are offering flats at affordable prices will see much more movement in inventories when compared with metro cities. Things will continue to move in upward direction as far as property prices of tier 2 cities are concerned

So if your investment budget is smaller, Tier II cities such as Indore, Chandigarh real estate Mohali, Jaipur, Coimbatore etc are also good investment option. Also with the announcement of 100 Smart City initiative, one should look forward to infra announcements connected with cities like Gandhinagar, Ahmedabad, Baroda, Jaipur, Jodhpur, Udaipur, Kota, Faridabad, Kundli and Ambala, etc. Within major markets there are areas that can give you high returns. For more check www.makaan.com/invest.