India is a land of diversity, offering a unique blend of cultures, traditions, and lifestyles. It is home to some of the world’s most vibrant and bustling cities, attracting millions of people from all corners of the globe. However, with the pandemic and even post that phase, many individuals and families have considered moving to more liveable cities that offer a better quality of life and more affordable housing options.
In this article, we will take a look at the top 6 liveable cities in India in 2023.
- Pune
Pune is a city in Maharashtra that has seen rapid growth in recent years. The city has a pleasant climate, good educational institutions, and a thriving IT industry. Pune is also known for its rich culture and heritage, making it a popular tourist destination.
The real estate market in Pune has been steadily expanding over the last few years. According to a report, the city witnessed a 15% growth in housing sales in 2022. This demand for residential properties has reportedly been high, especially in areas like Wakad, Hinjewadi, and Baner.
- Hyderabad
Hyderabad, the capital of Telangana, is known for its rich history, culture, and cuisine. The city offers excellent job opportunities, good educational institutions, and a comfortable lifestyle. Hyderabad is also home to many multinational companies, making it a popular destination for expats.
The real estate market in Hyderabad has been growing consistently over the past few years. The demand for residential properties has been high, especially in areas like Gachibowli, Kondapur, and Madhapur.
- Mumbai
Mumbai was already a bustling and vibrant city with a high demand for residential real estate due to its status as a major economic hub and center of cultural activity in India.
One factor contributing to the increasing demand for residential real estate in Mumbai is its continued economic growth. Mumbai is home to many large corporations, including those in the finance, entertainment, and technology industries, and this has led to a rise in job opportunities in the city. With more people moving to Mumbai for work, there is a corresponding increase in demand for housing in the city.
Another factor contributing to the popularity of Mumbai as a liveable city is the ongoing development of its infrastructure. Mumbai has been investing in improving its public transportation systems, such as expansion of the Mumbai Metro and constructing new roads and bridges. Additionally, the city has worked on developing green spaces and improving its environment with initiatives such as the Mumbai Coastal Road Project.
The demand for homes in Mumbai is so high that today you would require online assistance to find an affordable home. Look for information on property prices, estimated values, and transaction history in Mumbai to understand what properties are available in your budget range, choose a location to get an idea of the property’s market value, and negotiate a fair price.
- Ahmedabad
Ahmedabad is a city that has been gaining popularity in recent years thanks to its vibrant culture, rich history, and affordable cost of living. It is home to some of the best educational institutions in the country and has a booming textile industry, making it a popular destination for students and professionals alike.
The real estate market in Ahmedabad has been growing steadily in recent years, with an increasing number of developers launching new projects in the city. The demand for residential properties in Ahmedabad will remain strong in 2023, driven by the growing population and increased urban lifestyle.
- Chennai
Chennai, also known as the Detroit of India, is a city that has been experiencing steady growth in recent years. It is home to some of the best educational institutions in the country, making it a popular destination for students. Chennai also has a rich cultural heritage and a thriving music and art culture, making it an attractive place to live.
The real estate market in Chennai has been growing steadily in recent years, with an increasing number of developers launching new projects in the city. The demand for residential properties in Chennai will remain strong in 2023, driven by the growing population, IT sector, and affordable housing options.
- Bangalore
Bangalore, also known as the Silicon Valley of India, has emerged as one of the top liveable cities in the country. It has a moderate climate, excellent infrastructure, and a booming job market, making it a popular choice for professionals and families. The city has a thriving IT industry, with many multinational companies setting up offices here, creating a high demand for skilled professionals.
Real estate demand in Bangalore is expected to remain robust in 2023, driven by the growing population, the increasing number of jobs, and the rise of start-ups. The city has witnessed a surge in demand for residential properties, particularly in Whitefield, Sarjapur Road, and Electronic City.
Summing it Up
Indeed, with the ongoing development and infrastructure upgrades in many cities across the country, the quality of living has improved significantly in recent years. As a result, many cities in India have become desirable destinations for people looking for a comfortable and convenient lifestyle.