You need to heed caution while you’re investing, in terms of the asset that you’ll be buying, or the amount from your savings that you plan to invest. Putting all your hard-earned savings into buying a property can be quite a daunting task. But if you’re careful, and do a thorough research before purchasing a property in an area, whether it meets all your needs or could it be leased out to a prospective tenant in future, it could become a potential revenue generator for you. At the moment, various tier 2 cities are on the rise and are doing quite well, one of them is ‘The orange city of India- Nagpur’, and if financial planners are to be believed itis a promising city for investment. Situated in Maharashtra, Nagpur is the perfect blend of industrialization and nature. So, if you’re planning to invest in a property then get ready for possession flats in Nagpur.
Here are 4 reasons why Nagpur is a promising city for investment in India-
- Industrial and Educational Hub
The city is mainly known for its mining industry providing enormous employment benefits. The western region of Nagpur is an industrial hub with over a thousand leading industrial units like Gammon India, Hyundai Unitech, Haldirams, Vicco, and many more. Nagpur is also an education hub with top-quality educational institutes situated here. It has over 13 medical colleges, 27 engineering colleges, and also provides education in Indian Institute of Management (IIM) and All India Institute of Medical Services (AIIMS).
Living in any city becomes a lot easier if there is a good transportation network available; which facilitates inter-city as well as intra-city commute. Nagpur being a well-developed city provides all kinds of commute via roadways, railways and airways. Nagpur has an international airport which helps the residents connect with the rest of the world easily. The facility of metro transportation is under construction and in a few years, Nagpur city will be connected through metro to make everyone’s life easier.
- Quality of Life
Maintaining a healthy lifestyle in a city driven by industrialization can be a little tricky. That’s why Nagpur provides you with a perfect blend of industrial sectors and nature. It’s the third greenest city of India and provides enough picturesque sights for your eyes, and a fresh and clean air to breathe in. There’s nothing better than taking a brisk walk amongst nature after a long tiring day.
- Tourist attraction
Nagpur is the third most popular city in Maharashtra and naturally garners a lot of tourist attraction. Aadasa Temple, Maharajbhaj Zoo, Deeksha Bhoomi, Sitabuldi Fort, Seminary Hills are some of the main tourist destinations within the city, and it also has many natural and artificial lakes. Nagpur enjoys plenty of rainfall and cool winters. There are many tiger sanctuaries in and around Nagpur like Bor Tiger Reserve, Pench National Park, Melghat Tiger Reserve, Tadoba Andhari Tiger Reserve, and many more.