If you are looking to invest in real estate in India, Anantapur is one of the best places. This is true for both commercial and residential properties. Over the years, investors have realized that putting money into real estate is the best type of investment. Let’s find out why Anantapur is a great choice when it comes to property investment.

In Anantapur, the number of land registrations has doubled in recent years. But the million dollar question is, what makes this city a great hub for this type of investment? In this article, we are going to answer this question.

The advent of Kia engines

Kia Motors is a South Korean automobile manufacturer. The production unit of this company was established at Anantapur, Andhra Pradesh. The unit covers an area of ​​536 acres in the town of Erramanchi and transforms the city into a real estate hub.

Previously, the region suffered from many problems, such as drought due to low rainfall. On the other hand, Kia has allowed the city to get some fresh air again. Kia is the world’s eighth largest automaker and is set to build 300,000 vehicles a year at the plant.

The company creates more than 3,000 direct and more than 7,000 indirect jobs for the needy people of Anantapur. This is one of the main reasons why this city has become the apple of the eye of real estate agents. In addition, many lots and gated communities have sprung up in the city.

Strategic location

Although Bangalore is the Silicon Valley of Bharat, dry conditions in most of the city led to a 5-year ban on apartment building. And this worried many real estate builders.

Before opting for an investment area, investors give great importance to the location factor. Although Anantapur was not a very attractive place for investors, its proximity to Bangalore is a strong reason why more and more investors think of Anantapur as a good alternative.

Access

The good thing about Anantapur is that it can be accessed by road or rail from anywhere in India. And the good thing is that there are also bus services available for people to reach the city. For the convenience of the public, there are public and private bus services available.

Although Anantapur does not enjoy any direct air access, it is only 190 kilometers from Kempe Gowda International Airport, which is the nearest airport that allows you to reach Anantapur from anywhere in India. This is another great reason why more and more investors show interest in building real estate in this city.

In fact, connectivity is one of the most important factors when it comes to choosing a place to put your hard-earned money.

In a nutshell, these are some of the main reasons why Anantapur is a great city from the point of view of real estate investment. If you are looking for a big city in India where you can buy an apartment or flat, we suggest you try Anantapur. You will not regret your choice.