Your home is the place where you create memories with your loved ones. The first experience of buying a house is widely regarded as among life's most cherished and satisfying moments. It is the place where you can rest with your loved ones after a long day of working hard in this hectic world. Everyone nurtures the hope that they will one day buy a home of their own. Living in a home that is solely yours brings a level of contentment and fulfillment that cannot be matched by anything else, regardless of the size of the first property you purchase.

As a home buyer, your first house will have a special place in your heart. You can finally claim a home as being your own. As a result, this choice is frequently made after much thinking. It must also satisfy all of your requirements. Your first house should fit inside your budget while also meeting all of your and your family's demands. You must be wondering which Indian city should you buy your first home in. We've put together a list of the top cities in India for first-time home buyers, so have a look.

Mumbai

The City Of Dreams

Mumbai, with 22 million inhabitants, is one of the most populous cities in India and attracts visitors from all over the world. This city, which is the financial hub of India, has the highest value for all types of real estate. The top locations to buy your first property in Mumbai are Malad, Andheri, Kandivali, Thane, Goregaon, Vikhroli, Borivali, Khar, Bandra, Navi Mumbai, etc. The average property rate in Mumbai starts from INR 60 Lacs for a 1bhk apartment.

Despite the city's renown for expensive real estate, there are ample prospects for strategic investment in the city's real estate ecosystem in the coming years. Over the years, new neighborhoods and areas have gained popularity in the Mumbai real estate market, expanding its geographic limits. Thus, there are now more options to buy a house in the city's previously pricey areas.

In terms of design, location, and return on investment, Mumbai's real estate industry provides a wide variety of investment projects and locations. The city of Mumbai and its surroundings offer the finest returns on real estate investments, from sea-facing exotic apartments to duplex houses to affordable apartments. Due to the steady influx of people into the city, the demand for real estate appears to increase each year, and this tendency will likely continue in the future.

Due to an increase in key infrastructure projects, Mumbai has a bright future for real estate investors. Long overdue for millions of its people, Mumbai is today seeing an infrastructure boom. The building of motorways, new highways, flyovers, and metros will go a long way toward resolving one of the city's most pressing issues: lowering commute times for people while delivering world-class facilities.

Pune

Queen Of The Deccan

After Mumbai, Pune is on the way to becoming the next major residential center in Maharashtra. The city's lifestyle and climate make it a desirable place to reside. The affordability of homes is also a major selling point. You are likely to live in a diverse community in Pune due to the city's manufacturing and IT industries, which attract a large number of people. It has a strong cultural history and several attractions for its citizens.

Several times, Pune has been named India's most livable city, making it an ideal place for your first residence. Due to the increase in commercial activity and educational institutions, It will be a wise decision to buy apartments in Pune. The top locations to buy your first property in Pune are Wakad, Baner, Balewadi, Kothrud, Hinjewadi, Kharadi, Pimple Saudagar, and so on. The average property rate in Pune starts from INR 30 Lacs for a 1bhk apartment.

The city is experiencing an increase in residential properties that are intended to improve the living experience. With numerous micro markets such as Koregaon Park and Kalyani Nagar, homebuyers would be spoilt for choice.

Pune has a long history of providing excellent education. Punekars are pleased to inform visitors that their city has earned the nickname "Oxford of the East." Families have chosen this literary center to offer their children a superior education because it is home to so many respectable institutions and will soon be home to many more.

Pune is a popular destination for job-seekers, particularly bachelors wishing to start a family, due to the city's thriving economy and expanding employment prospects in a variety of industries. Pune is well-connected by air, rail, and road within the region and to neighboring cities and international destinations.

Bengaluru

Silicon Valley Of India

Bangalore, which is now officially referred to as Bengaluru, is the capital city of the Indian state of Karnataka. It is well regarded as the "IT capital of the world" and is home to a large number of new businesses. The Silicon Valley of India, which is situated at an elevation of approximately 3000 feet above sea level, is home to thousands of residents. The top locations to buy your first property in Bengaluru are Whitefield, KR Puram, Sarjapur, Yelahanka, Kanakapura Road, Electronic City, Bannerghatta Road, Hebbal, Kadugodi, etc.

This is largely due to the fact that the region enjoys pleasant weather throughout the year and provides an abundance of opportunities. Because more people are moving into the city, there is a greater demand for places to live; thus, the real estate market in Bengaluru has experienced a rise in order to meet this demand. The average property rate in Bengaluru starts from INR 35 Lacs for a 1bhk apartment.

The zones in the north, south, east, and west of Bengaluru are its four main pillars. All of the zones have had infrastructure growth and development over the course of the years, but the North and East have experienced particularly significant growth. This IT powerhouse of India has proven to be the best site for buying first home due to its excellent transportation infrastructure, malls, parks, educational institutions, and several other social amenities.

Despite the rise in property prices over the past few years, Bengaluru remains comparatively inexpensive compared to other major cities in India. This makes it a desirable location for individuals seeking to acquire their first home or invest in real estate.

Bengaluru's transportation system is well-developed, with excellent connections to the rest of the city and the country. This facilitates people's commute to work and other regions, making it an appealing location for homeowners.

Delhi

The Capital Of India

Delhi, the capital of India, has long attracted real estate investors due to the rich return potential available. With thousands of completely occupied real estate projects in nearly every corner of the city, the territory around Delhi, such as Noida, Faridabad, Gurgaon, and Ghaziabad, is swiftly becoming a hotspot to buy property. The average property rate in Delhi starts from INR 40 Lacs for a 1bhk apartment.

The capital city is a prominent tourist destination, particularly renowned for its street shopping, different cuisines, and rich cultural history. Delhi holds a variety of trade conventions and fairs throughout the year.

Delhi is located close to the states of Haryana and Uttar Pradesh in the north of India. Here in Delhi, numerous major government departments and ministries have their headquarters.

The Delhi Metro, a cooperative project of the Government of India and the Government of the National Capital Territory of Delhi, is a national transportation revolution that connects Delhi to the National Capital Region (NCR). IGI Airport is one of the world's busiest and is located in Delhi.

In recent years, employment prospects have risen in Delhi and Delhi NCR. Several multinational firms are building offices in the capital of India. As a result, the real estate market in Delhi NCR has expanded. Employment possibilities and compensation are anticipated to expand in the foreseeable future, which would likely stimulate the Delhi NCR real estate market.

No matter which city you choose to buy your first home in, the process of home buying will always sail smoothly if you join hands with Dwello. Start your home-buying journey today!