Neral-Matheran In Maharashtra, Sanand-Nalsarovar In Gujarat Among Top 5 New Corridors For Investment In Land: Report

Neral-Matheran in Maharashtra and Sanand- Nalsarovar in Gujarat are among the top five emerging corridors for investments in land parcels, according to Colliers India.
Neral-Matheran In Maharashtra, Sanand-Nalsarovar In Gujarat Among Top 5 New Corridors For Investment In Land: Report

Neral-Matheran in Maharashtra and Sanand- Nalsarovar in Gujarat are among the top five emerging corridors for investments in land parcels as investors can expect returns of up to five times in the next 10 years, according to Colliers India.

After buying land parcels, investors would have to develop assets like second homes, weekend homes, holiday homes and retirement homes to generate steady rental income, which along with capital appreciation can result in healthy returns on investments.

ECR-Injambakkam-Kovalam near Chennai, Kompally-Medchal-Shamirpet in Hyderabad and New Town-Rajarhat near Kolkata are the other three emerging investment corridors.

"Investing in land is like unleashing a gold mine in the coming years. Learning to monetise land for better yield and returns will prove beneficial in making this investment work for you," real estate consultant Colliers India said in its report 'Top Investment Corridors in India'.

The consultant seeks to help investors learn about the upcoming micro-markets/ corridors that can bring a pivotal shift to their financial growth journey.

"Moving beyond need-based investments, land can help grow and multiply wealth, and prove to be a source of steady income when monetised right," it added.

Real estate investors generate income through rental income, appreciation, and profits generated by business activities that depend on the property, the consultant said.

Neral-Matheran in Maharashtra is expected to witness 5 times return on land investment in the next 10 years followed by Sanand-Nalsarovar in Gujarat and ECR (East Coast Road) in Chennai at 3.5-fold, respectively.

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