Every individual has a dream to buy their own house. Some want it for residential purpose, some buy it for the sake of investment and some purchase properties to save tax. Now, irrespective of why you want to purchase the house, the one thing that would imply in each case is - buying a house is a big decision, both financially and mentally.
The finances have to be planned well, all unnecessary expenses have to be cut down, and all major financial tasks have to be postponed. That said, if you do it right and invest in the right place, all your sacrifices would be paid off.
Summing up, if you are planning to buy a property, the least you can do is invest in the right place. Take a look at the 2 major cities in India where your real-estate investment would prove worthwhile.
-> Hyderabad, Telangana: Hyderabad, after Telangana split from Andhra Pradesh, has become the capital of the newly formed state. The city, even before the split, was one of the best options for real-estate investment. Hyderabad property combines old world charm with a modern lifestyle.
Besides, people here are very warm and friendly, so peaceful neighbours are guaranteed. In addition, the quality of life in Hyderabad is excellent.
-> Pune, Maharashtra: Pune, if you don't enjoy the congested, over expensive lifestyle of Mumbai, Pune, also known as the Oxford of the East, is a perfect alternative.
Bottom line: No matter where you invest, check for RERA approval of the property and housing loans offers available in that area.
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