In the booming realty scenario in the country the markets of Navi Mumbai and Thane are all set to witness highest price appreciation in residential real estate followed by Bangalore, Jones Lang Lassale (JLL) said in its recent research report. Apart from this the Mumbai Metropolitan Region (MMR) and Whitefield in Banguluru, Noida and Greater Noida in the National Capital Region, Southern Suburbs of Chennai, Viman Nagar and Nagar Road in Pune, Gachibowli in Hyderabad and Rajarhat in Kolkata have been rated as the other most attractive realty markets across the country. All the selected destinations it added that are either emerging or growing submarkets and are likely to be well supported by excellent infrastructural development. A location focused on residential segment and low or no commercial and entertainment options is not likely to sustain for a long time. The report also mentioned that regions like Gurgaon in NCR, Bandra Kurla Complex in Mumbai are conspicuous by their absence on the list. These destinations have almost reached the saturation stage in terms of development and are not expected to either support meaningful price increments or they do not provide a large selection of investable assets, it added.
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