Considering buying affordable property? Pune, Hyderabad, Navi Mumbai among best bets!

Hyderabad, Pune, Navi Mumbai, and Ahmedabad are among the top 10 most affordable property markets in the country according to JLL India. The other six cities are Kochi, Ghaziabad, Jaipur, Nagpur, Surat and Coimbatore.

"These towns and cities offer a wide spectrum of investable options in real estate with relatively lower property price levels, providing the incentives for future capital appreciation and healthy returns," JLL India Chairman and Country Head Anuj Puri said.

Puri said Hyderabad is the most affordable cities among all tier 1 cities of India. Even the well-developed residential areas there offer properties in the budget range.

JLL said Pune has recorded a healthy growth in the affordable housing segment. However, these are on the periphery of the city and offer small 1-2 BHK flats with basic, no-frills amenities.

"While property prices have increasingly become unaffordable in Mumbai, Navi Mumbai still provides numerous options for residential housing within the budget of Rs 30-50 lakh," Puri said.

Image Credit: Indiatimes