India is a very lucrative destination when it comes to buying and selling properties. With the globalization bandwagon increasingly finding its way to the country, coupled with Indias bludgeoning population, everyone is rushing to book their piece of the property. Interestingly, most highly profitable business ventures still lie in Indias big cities but small-cities are also catching up fast and cashing in on the property-boom. Places such as Mumbai, Chennai, Kolkatta, Delhi and Bangalore come top of the charts in commercial property ratings. Similarly Jaipur, Ahmedabad, Coimbatore, Hyderabad, Jaipur and Chandigarh offer an ideal locale for setting up a small office or a residential complex. Interestingly, it is rural India from the backwaters of Kerala to the plains of north India that is attracting people in droves.
Many people are making the most of investing in small, non-descript towns. They are buying little hotels, guesthouses or resorts. The places include in Kochi, Goa and Simla to name a few. Add to that the increasing disposable income that has resulted in the gradual rise in sale of Villas and cottages. Many people buy villas in Kodaikanal or Mahabaleshwar....