The Best Real Estate Investment Hotspots for NRI's in Independent Houses

Posted by Himani Singh on January 28th, 2020

Why real estate in Mysore, India is a hotspot for investment?

Real estate in the state of Karnataka, India has been booming since the start of this decade due to the rapid industrialization and especially due to the boom in the IT sector. Mysore is one of the largest cities in the state of Karnataka, India after Bangalore. Mysore has been a tourist destination with pristine locations, palaces, pleasant and beautiful weather is the things which attracted tourists in this city.

Although the situation of Mysore has changed a lot since the start of this decade, due to the rapid industrialization and booming IT sector, people have started investing in Mysore for making a living and earning some money from investments. NRI's have been flooding in the city of Mysore, India to buy land plots which are further investments like a house for rent Mysore. Some of the top reasons for investing in an independent house for rent in Mysore are given below:

•      A house for rent in Mysore is a better investment plan for NRI's as one can use it for long term basis to rent out the place and earn good money on an investment, till they start living in the city after returning to India.
•      Houses for rent in Mysore are more in demand among the visitors who visit Mysore for relaxation, holiday or even for work purposes.
•      The booming IT sector has brought about many people from all over the world to migrate to Mysore, who wants to live temporarily but prefer to live in an independent house for rent in Mysore. The clean air and peaceful living conditions will be apt if NRI's invest in an independent house which are available at cheaper rates as of now due to the developing stage of real estate in Mysore, which is soon about to explode. Therefore after the boom, one can expect a good return on investment from their investment in independent properties in Mysore.
•      Due to the presence of numerous educational institutes, a house for rent in Mysore would be very much in demand among the younger generation who study here. The house for rent in Mysore would be a great investment as it will enable the NRI's to have a place back in India if ever they want their children to complete their education in Mysore.
•      A house for rent in Mysore is a good choice because of the advanced social infrastructure the city has in sewage, drainage and solid waste disposal system. The population of slums is also very less in Mysore which makes it an ideal choice for not having to live in a gated community.
•      The old charm of the city and its rich cultural heritage brings back NRI's or former residents to this place. Therefore a house for rent in Mysore will become one of the best investment NRIs or other Indian residents have ever made.

Some of the best areas of real estate investment for NRIs in Mysoreare J P Nagar, Vijaynagar, Kuvempu Nagar, Dattagali, Bogadi, Sriramapuri, Rajiv Nagar and Bannur Road. The price of luxury villas is quite affordable as of now in Mysore which makes it a good investment deal as the prices are soon going to increase and the return on investment on these houses for rent in Mysore would be quite high soon.

Why does a house for rent in Velachery, India can be considered a good real estate investment for NRI's?

Velachery, India is one of the bustling neighborhoods that are a part of the metropolitan of Chennai, India. It is located at one of the strategic points of conjunction between the city of Chennai and the IT corridor that has been developing in and around Chennai. It has become one of the prime hotspots for real investment among the NRI's and the residents of India.

Some of the prime reasons for investing in a house for rent in Velachery are:

•      The rapid development of industrial zones especially the IT hub has increased the demand for a house for rent in Velachery among the migrant job seekers and IT workers who want to live nearer to their offices.
•      Being a suburb, the prices of the house for rent in Velachery is comparatively less as of now. This price will subsequently increase soon and will provide a good return on investment to the NRI or resident house owners in Velachery.
•      The rapid development of social, commercial and industrial infrastructure in the area will provide great opportunities for NRI real estate investors. The conversation of areas into a prime neighborhood will certainly fetch the house owner's great return on investment in their houses for rent in Velachery.
•      The development of schools and colleges will provide a continuous stream of demand for a house for rent in Velachery.

Housing.com is one of the premiere property searching and listing websites that are turning out to be very popular among the NRI's and Indian residents as well as in searching for properties to live in Mysore and Velachery, India. The website provides numerous options like that of:

•      Searching for a house for sale in India for NRIs easily, this could be later listed as a house for rent in Velachery or Mysore on the same website.
•      The number of visitors at housing.com is very high as compared to other property search websites. This enables the NRI or Indian house owners to find occupants for their house for rent in Velachery or Mysore very easily.
•      The website provides a listing of RERA compliant properties for sale to NRI's so that they are safeguarded against housing scams and frauds.
•      The website provides a listing of properties from direct owners, developers and brokers as well.
•      The NRI house owners can directly offer their house for rent in Velachery or Mysore through the website without involving brokers.
•      Buying a house for sale according to property features like great nightlife, great commute and more amazing filters are provided by the website.

Housing.com will provide any kind of property one wants to buy like villas, apartments, independent houses, penthouses, duplex and many more through the website.