Top 13 Fast-Growing Suburbs in India Attracting NRI Investments

NRI investment in India’s real estate sector is experiencing significant growth, with a projected annual growth rate (CAGR) of approximately 9.2% in 2025, and year-over-year increases in their share of total property purchases. Some reports indicate a 15-20% increase in demand by NRIs in recent years. This article highlights the top suburban locations gaining NRI attention in 2025 due to major developments in these areas.

1. Andhra Pradesh

- Anandapuram: It is a fast-emerging suburb in Vizag attracting NRIs and long-term investors. With improving roads, active land-pooling, and growing IT interest, it offers a calm, well-connected, and affordable lifestyle. Key developments: - 400 acres approximately in Anandapuram are being connected for development by VMRDA. - ₹175 crore road expansion is underway to improve connectivity around Anandapuram toward Bhogapuram airport.

- Madhurawada: It is turning into a modern suburban hub with easy NH-16 access and proximity to the upcoming Bhogapuram airport. Premium villas and high-rises make it ideal for NRIs seeking a future-ready, well-connected home. Key developments: - A ₹553 crore World Bank-backed sewerage project has started in Madhurawada, significantly improving its infrastructure sustainability. - VMRDA has approved six 50-storey residential towers in Madhurawada, giving NRIs access to premium vertical living.

2. Telangana

- Kokapet: It blends quiet upscale living with excellent connectivity to ORR, Financial District, and the airport. Its luxury projects and proximity to IT hubs make it a smart choice for second homes or long-term investment. Key developments: - A new trumpet flyover has been built to connect Kokapet directly to the ORR, greatly improving traffic and airport access. - Ultra-luxury living is booming: projects like Eka One and other high-end towers are drawing NRI / IT-professional interest.

- Gachibowli: It is a mature, IT-driven suburb with high-rise living and smooth ORR connectivity. Rapid development and premium amenities make it popular among NRIs and investors alike. Key developments: - A multi-level flyover connecting Gachibowli to ORR to Kondapur is opening soon, which will ease congestion in one of Hyderabad’s busiest IT junctions. - The Times Property Expo 2025 was held right in Gachibowli, with 25+ major developers showcasing premium residential & commercial projects.

3. Maharashtra

- Hinjewadi: It remains a steady favorite for NRIs and investors thanks to its IT-driven demand and upcoming infrastructure upgrades. New 1–3 BHK projects and better roads are shaping a clean, future-ready neighborhood. Key developments: - MIDC has launched a ₹650 crore infrastructure project to build flyovers and roads in Hinjewadi. - Shriram Properties is building a 7-lakh-sq-ft mixed-use high-rise in Hinjewadi, combining luxury flats with retail/commercial spaces.

- Kharadi: It is a fast-growing IT-led hotspot offering a premium lifestyle and strong investment potential. With excellent airport-highway connectivity and big tech hubs nearby, it’s attracting both investors and homebuyers. Key developments: - Godrej Properties is developing a 16-acre premium group-housing and retail project in Upper Kharadi, with approximately ₹3,100 crore of revenue potential. - An elevated flyover from Viman Nagar to Kharadi has been approved, promising smoother traffic and better connectivity.

4. Haryana

- Southern Peripheral Road (SPR): SPR in Gurugram has become a high-growth corridor with luxury housing, wide roads, and strong business access. Its mix of work-friendly and lifestyle-focused developments makes it highly appealing for investors. Key developments: - Since 2022, ₹50,000 crore worth of projects have been launched along SPR, with another ₹50,000 crore in the pipeline. - Property rates have more than doubled in about five years — from ~₹7,690/sq ft in 2020 to ~₹17,300/sq ft by mid-2024.

- Golf Course Extension: It blends premium high-rises, golf-themed townships, and commercial hubs along wide roads. With easy connectivity and upscale living, it’s a top pick for second homes and investment. Key developments: - M3M plans to invest ₹1,200 crore in a luxury residential project (Golf Estate) on GCER, with 350 homes and ultra-luxury pricing. - Max Estates acquired 7.25 acres(approx) on Golf Course Extension Road for ₹534 crore, aiming for a ₹3,000 cr development.

5. Delhi

- Sector 150 Noida: It offers a green, low-density residential zone with luxury townships and strong connectivity. Peaceful surroundings and rising property values make it ideal for NRI buyers and investors. Key developments: - Its location links up strongly with major expressways (Noida-Greater Noida, Yamuna), giving it solid connectivity for both work and travel. - The upcoming Noida International Airport at Jewar plus metro-infrastructure boosts its long-term appeal.

6. Tamil Nadu

- Old Mahabalipuram Road (OMR): OMR combines strong IT employment, modern housing, and social infrastructure. Villas and gated communities offer a calm, suburban feel while keeping city convenience close. Key developments: - Two new flyovers are coming up at SRP Tools Junction and Perungudi to ease OMR traffic. - Despite growth, rapid urbanization is creating infrastructure stress: a joint inspection flagged sewage, stormwater drainage, and road issues along the OMR corridor.

- Velachery: It is a mature, well-connected suburb balancing city convenience with quieter residential charm. Easy access to OMR and the airport makes it perfect for second homes. Key developments: - The government is planning flyovers and road widening in Velachery to ease evening traffic. - A new integrated township project (residential + retail) is coming up near Velachery MRTS station, appealing to young professionals.

7. Gujarat

- SG Highway: It is quickly evolving into Ahmedabad’s prime residential-commercial corridor. With redevelopment, metro extensions, and new luxury projects, it’s a future-ready hub for NRIs and investors. Key developments: - The Gujarat government has formed a ₹400 crore SPV to redevelop SG Road, adding green spaces, better traffic management, and pedestrian zones. - A flagship commercial-tech project, Million Minds Tech City, is coming up along SG Highway near Vaishnodevi Circle, redefining the corridor’s business landscape.

- Prahlad Nagar: It blends upscale residential living with proximity to commercial hubs. Continuous redevelopment and greener zoning make it a favorite micro-market for NRIs seeking stability and lifestyle. Key developments: - Ahmedabad saw over 215 plotted-development projects and 245 commercial launches in 2024–25, with Prahlad Nagar emerging as a key premium micro-market within this growth wave. - Developers across this belt are being pushed toward sustainable, global-standard construction under state-level updates to the GDCR norms.

Conclusion

These suburbs are fast becoming NRI favorites, offering lifestyle, convenience, and strong appreciation. Investing here means enjoying both comfort and future-ready growth.