In this economic slowdown it is very difficult for investors to make a decision on investing in Real Estate. The prices have come down in metropolitan and Cosmopolitan cities. It makes sense to take a look at Tier II and Tier III cities with good infrastructure and proximity to Airports and other destinations.
Best investment as Low Cost and High Returns would be places like Gurgaon, Mysore, Hosur may be the places to look at.
Hosur seemingly is best suited due to proximity to Bangalore and the Climatic conditions. Hosur is just 40 Km from Bangalore and it would be an extension of the Bangalore Electronic City. Tamilnadu government has announced 4 SEZ in this town. They are Aeronotical SEZ promoted by Tanuja Aerospace, Floriculture SEZ promoted by Tanflora, IT SEZ promoted jointly by TIDCO (Tamilnadu Industrial Development)
Keeping all this in mind, it would be best to invest in Hosur where the prices are affordable and would fetch a high return in the future.
You may look at Eco Vista which is a DTCP approved project located adjacent to the multiproduct SEZ. The project is developed by Greater Bangalore Estates Pvt Ltd., . The prices are very attractive and has got all amenities like wide roads, drainage, security, water supply and luxury amenities like Clubhouse and a swimming pool. It is also approved by ICICI Bank for site loans.
