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: Delhi, Gurgaon, Faridabad, Ludhiana, Jaipur, Mumbai, Pune,

and Chennai.

—Navin M Raheja

Managing Director, Raheja Developers

The real estate market is facing a downslide all over India and this is the best time to invest. One has to just look out for the best deal. Developed projects will be the best and the safest bet. Avoid undeveloped and projects at locations that are not very familiar as many townships and residential projects have been announced in some far-off places.

The best city to invest, according to me is Noida in the near future. It is under priced and undervalued and is one of the best investment options for medium-term investment. Its proximity to Delhi certainly adds to its favour.

—Vidur Bhardwaj

Architect and Managing Partner, Design & Development

For investment purposes, Gurgaon and Mumbai should be in an investors list. Gurgaon, being a part of the NCR is almost the political capital of the country and its residential market has been seeing a meteoric rise in the last few years. The city’s growth was driven not just by residents of Delhi seeking a viable alternative housing option but also from heavy concentration of services driven commercial activity. Mumbai being the financial capital continues to show buoyancy in the residential market. In Mumbai, individual and investor interest in high-grade residential properties are on the increase, leading to a steady growth in the residential property market.

—Manish Periwal

CMD, Pioneer Urban Land & Infrastructure Ltd

One can expect a slowdown in the market for the next 18-24 months. Also, the home loan interest rates may also go up, having a further impact on the global slowdown. But, real estate still remains the preferred choice of investment for most Indians. But seeing the current market scenario, a lot of people are deferring buying decisions. But for the first time buyers, it’s a good time to acquire property. However, in pure investment terms, major metros still remain the safest bet as they will give a decent return on investment in the next three to five years including cities like Hyderabad and Pune. One should have the power to negotiate and try and get the

best deal.

—Vineet Singh

Business Head, 99acers.com