Real Estate: Is it advisable to invest in small cities?

Real Estate: Is it advisable to invest in small cities?

Question:

Is it advisable to invest in small cities? What are the things to be kept in mind while investing in small cities?

Answer;

The appreciation is often less in smaller cities in comparison to the metros. However, with major infrastructural developments, small cities are also seeing growth in prices as well as returns.

It is good to choose a city that has good economic factors such as IT, ITeS or manufacturing hubs. It ensures good re-sale value and rental returns.

Source : Magicbricks.com