Mumbai and the National Capital Region (NCR) have lost their position as prime real estate markets in India, with Bengaluru, the Silicon Valley of the country, topping the list of most attractive real estate investment city, states a new report.
In its report titled ‘Top 10 cities in the Indian real estate marke’, PropEquity, a real estate data and analytics firm, said it while ranked #6 in 2009, Bengaluru has now replaced Mumbai, which is placed at #8 in 2015.
Noida was placed #11 compared to #4 in 2009; Gurgaon slipped from #7 to #10, while Ghaziabad was at #11 from #10. Pune maintains its position at #2, while Chennai improved its position to reach #3 from #5 in 2009.
Contributed By Sonia Narula