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Three Indian Property Markets Where Rs 50 Lakh May Grow

Three Indian Property Markets Where Rs 50 Lakh May Grow
Buy Property Under Rs 50 Lakh In These 3 Cities Today, Get 2X Returns In 5 Years · NDTV

The article looks at three places in India where a person may be able to buy property for around Rs 50 lakh.

These are western Pune, Dholera in Gujarat, and parts of the Delhi-NCR region.

Pune already has a strong technology industry and growing housing demand.

New transport projects could make travel in western Pune faster.

Dholera is being developed as an industrial area, but much of its future depends on planned roads, an airport and new businesses arriving.

Parts of Delhi-NCR offer lower-priced apartments than some established markets.

Experts believe prices could rise in these places, but these are only predictions.

Buyers still need to check approvals, land ownership, developers and the exact location before investing.

Key facts

Pune price growth
Balewadi, Baner and Hinjewadi prices rose 64%, 58% and 51%, respectively, between 2021 and 2025.
Pune rental yields
Rental yields in the western corridor were cited at 4.2%-5.1%.
Pune projection
A representative projected 80%-120% capital appreciation in the western corridor by 2030.
Dholera plot prices
Approved-area plots were cited at about Rs 7,000-10,000 per square yard; some high-growth areas were offering plots at around Rs 999 per square yard.
Dholera residential entry price
RERA-approved studio apartments were cited as available from Rs 35.51 lakh.
Dholera projection
Developers were projecting 80%-100% appreciation over five years in the activation zone.
Delhi-NCR apartment prices
Greater Noida, Ghaziabad and Faridabad were seeing demand for apartments priced at approximately Rs 3,000-4,500 per square foot.

Quotes

Vijay Raundal

Director of Teerth Realties, commenting on Pune’s western corridor

“The tech industry and infrastructure projects such as Metro Line 3 that will cut down travel time from 90 to 25 minutes is going to strengthen this further.”
NDTV
“Greater Noida, Ghaziabad, and Faridabad are some such cities that are seeing demand for residential apartments in the range of 3,000-4,500 per sq ft.”
NDTV

Sources

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