Invest in Vesu – Surat properties for high returns
The port city of Surat is the ninth largest city in India. The city caters to around 4.9 million of population. The city has seen slow yet steady growth over the past couple of years. The property prices here seen signs of revival after 2012 and got a boost again in Surat. A lot of companies and businesses are considering Surat their second destination for growth. Surat has now become an investment destination and offering huge opportunities. Surat had once faced limited investments due to huge risks. But the scenario has been changed today and the city is going to improve in the near future.
Vesu is considered to be the most promising location of Surat as a lot of real estate developers like Rajhans, Aakash, Ravani Builders and Happy Homes Group are going to develop their projects here. A Surat-based polyester yarn maker, Sumeet Industries, has also ventured into real estate development and is planning to expand soon. The developer is planning to join hands with a reputed real estate developer to build Kandla Port near Surat.
Investing in properties in India has become the popular trend, especially among NRIs. Today, non-resident Gujratis are investing their money in Vesu Surat. They seem to be very interested in residential properties. Surat has seen a lot of NRIs investing their money in townships. Their money is routed via Mauritius for tax benefits.
A lot of real estate agents are here who know it very well how to handle transactions in real estate market in India. So, buying a residential property is very easy in Surat. The residential real estate is growing at a significant rate in Surat. So, investing in residential township brings huge returns in future here.
Surat is also witnessing significant growth in retail real estate. The green city of India has got its first shopping mall named “Picnic Shopping Mall” in June 2005. Today, it is a promising landmark. Similarly, a lot of retail projects are scheduled to come in Vesu, Surat. There are several retail projects coming up in the city to provide added convenience to the residents.
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