Indians are always known worldwide for their smart choices when it comes to investment. And the real estate market has always been a top choice of many of the smartest investors because of increasing prices, security of investment and awesome returns on investment. And as we put an eye on the western shore of India, especially Gujarat we come across a few cities which are attracting high investments from the government as well as private players. Cities like Ahmedabad, Vadodara, Rajkot and Surat.
But of all these options available there is one city which has out-shined any investment options, and that city is Surat. And here we are going to give you five reasons. Yes, not one or two but a total of five reasons. Hence proving why Surat is one of the best or hottest real estate investment choices of the smart today.
- Surat is a city with high standards of living – Surat, known as the Diamond capital of the world, is one of the fastest growing cities now just in India but in the whole World. And also, an average Surti earns almost double annually compared to an average Indian. Conferred with the “Best Urban City of India Award”, Surat is also one of the top Cleanest cities in India in Swachch Sarvekshan Surveys.
- Surat – The Manchester of the East – It is well known as the second largest commercial centre in Gujarat and enjoys the eighth position in the largest cities of India. Well Known for diamond processing and synthetic textile industries, WSJ (Wall Street Journal) once wrote that as per their research world 80% of diamonds are processed in Surat alone.
- A Gem of Future – Whether it be the ambitious project of bullet train or DMIC (Delhi – Mumbai Industrial Corridor) or Diamond Bourse, Surat is always in the good books of the central governments. Every ambitious government project, whether be of state or centre, always finds Surat as one of the biggest benefactors of the same. Now, even Surat’s Airport has become an International Airport and has increased air connectivity to various major airports of the world.
- Demographically rich City – Surat enjoys rich demography as you can witness any caste, creed or religion living happily or working in the city. FYI, Surat enjoys almost 0% unemployment. Yes, it’s almost 0.18% only. This means that more skilled, more laborious and more sharp people exist in the city.
- Surat has it all – Surat has all the necessary natural resources, labour and government backing, which are self-sufficient to invest. Its world-class infrastructure and small-scale industries, especially the textile industry, have made Surat one of the most preferred destinations for investing. Though several global investors have already invested in Surat, a lot more industries in Surat have tremendous potential which needs to be explored.
- Surat lies close to Mumbai which is a boon for traders and businessmen and boasts of top-class infrastructure and governmental support. Additionally, Surat is set to witness several path-breaking infrastructural & business developments over the next few years which will lead to a huge appreciation in the values of investments made now.
Surat still has affordable property prices in comparison to several big cities in the country despite a steady rise in capital values owing to skyrocketing development.