All the cities of NCR have dropped their ranking: Noida is not even in the top 10, whereas it was placed at #4 in 2009; Gurgaon has slipped from #7 to #10; Ghaziabad from #10 to #11.
Meanwhile, Bengaluru, the Silicon Valley of India has defied all odds to emerge as the top real estate market in India. In 2009, Bengaluru was ranked #6.
At #2 rank is Pune. In fact, Pune is the only city which has consistently maintained it’s ranking of #2 position, even as Mumbai & Thane witnessed heavy fall. Chennai has also improved it’s position to reach #3 from #5 in 2009.
Contributed By Sonia Narula