Introduction
Assam is a unique blend of old-world charm and modern influences, offering a dynamic fusion of tradition and a cosmopolitan lifestyle. Among its bustling cities, Guwahati stands out as the Gateway to Northeast India, where cultural richness and trendy streets delight both locals and tourists alike.
Reasons why an Assamese NRI should invest in Guwahati
If there is just one city where you should buy a property or invest, it is none other than our very own Guwahati. In this article, we have highlighted some key points that explain why an Assamese NRI should buy a property or invest in Guwahati.
1. Strategic Location
Modernization and developmental activities have been either slow or limited in the entire northeast of India. But because of Guwahati’s strategic location, this part of the region has seen more development than others. It is slowly moving towards becoming a major metropolis. And guess what? Guwahati is an important touchpoint when it comes to traveling to other parts of the country. Therefore, Assamese NRIs should consider buying a property or investing in real estate over here.
2. Interesting Topography
Guwahati has an interesting topography as well. The highlands and the wide Brahmaputra create a stunning backdrop against the ever-growing city. The Luit, a historical name of the Brahmaputra, referred by many poets as the red river, has seen civilizational history being created from the 5th century AD.
Guwahati is couched between hills on all sides. The west has the Nilachal Hill, the north has the Chitrachal Hill and to the South lies the Narakasur Hill. There are over 20 picturesque residual hillocks formed over a period in the evolution of the city – Jalukbari, Lankeswar, Fatasil, Gotanagar, Sukreswar, Kharguli, Nabagraha, Noonmati, Nilachal, Kalapahar, Narangi, Hengrabari, Sarania, Narakasur, Sunsali, Kainadhara Hills, Khanapara, Garbhanga – to name a few. They create an interesting topography of the city with highs, lows and greenery across the length and breadth of the city.
3. Increase in Developmental activities
There are many ongoing construction activities to improve the living standards of the people. The flyover construction near Zoo Road and Maligaon is going to be a game-changer for sure. These two regions, being the key thoroughfare and a residential locality in two different regions of Guwahati, can expect to see a lot of development in the coming years. The inmates of Protech Tarun Nagar, which is only a few hundred meters away from Zoo Road, can take full advantage of it.
Additionally, the city is expanding towards the North across the Brahmaputra. Before the British, North Guwahati was the epicenter of social and economic activity and now the direction of development is reversing the colonial trend that developed South Guwahati.
4. Increase in commercial activities
Commercial activities in Guwahati are booming at an exponential rate. Being the gateway of the Northeast, and its close connectivity to the Indian mainland as well as with the capital of Bangladesh – Dhaka, the city is in the verge of the next growth spurt. Dhaka is only around 400 kms from Guwahati. Air, rail, and road connectivity are being actively pursued by the Government of both the countries. This makes Guwahati very strategic for commercial activities. The economy is bound to grow, and the prices of residential properties is therefore expected to rise.
Entertainment wise, there is no shortage of options for recreation for the locals. Whether it is big shopping complexes and hotel chains, or resorts and bars. You have every option to entertain yourself. Just like being in one of the metropolises of India.
5. Ever-increasing property rates
Being the most important city in the northeast, the population of Guwahati never stops growing. People come and go. But many people choose to stay back to fulfill their dreams. This has led to increases in both house rents and flat rates. And this will never come down. Therefore, as an Assamese NRI, this is one of the best times to consider buying or investing in real estate in Guwahati. Whether you decide to save yourself the best flat for your retirement or for your family living in Assam, now is an exciting time to act. Also, you can build a reliable source of passive income by lending your property.
Future of Guwahati: Why should Assamese NRIs be interested in the city
Urbanization is not a new occurrence for Guwahati. And the government has always been proactive in addressing the issues and other socio-economic factors affecting them. The state government created a Master plan for Greater Guwahati in 1965 for the first time under Section 10 of the Assam Town and Country Planning Act, 1959. With time, it went through a couple of modifications. According to the GMDA Act of 1985, the current plan for Guwahati is updated with 2025 as the target year of implementation.
And according to this goal sheet, the following developmental activities are expected:
- Guwahati’s natural environment consists of hills, water bodies, and the vast Brahmaputra River. The goal sheet focuses on conserving it.
- The city is getting a brand new, state-of-the-art public transportation system that will be part of an all-encompassing, multi-modal transport network with shiny new terminals. Parking issues will be taken extra care of.
- The key objectives are to connect all homes to a water source and sewage system. All types of trash need to be handled via a streamlined solid waste management system. The city’s drainage systems will be designed to prevent clogs, and educational, medical, security, social, and cultural centers will be placed strategically throughout the metropolis.
- There will be new towns built for wholesale markets in the northeast, industries in the northwest, and an SEZ, IT, and Business Centre in the southwest.
- The city will be sprinkled with sports and entertainment centers. The land along the NG bypass will be used to construct a high-quality urban design corridor complete with skyscraping office and government buildings.
Why should Assamese NRIs buy a property from Protech?
The needs of our prestigious and high-end NRI clients, who live far from their families and their country of origin, are well understood by our knowledgeable sales team. Whether you prefer a sleek contemporary design with innovative technology or a touch of timeless tradition, you will find a variety of properties that cater to your preferences. We at Protech Group are aware that every person has different preferences and needs when it comes to their ideal home. Your loved ones deserve a lavish and cozy abode that you can entrust to them, allowing you to return to a stunning retreat that stands apart from your primary residence.
To create the most creative and individualized solutions for our clients, our team of seasoned professionals draws on a wealth of diverse backgrounds and years of experience. Protech is the biggest player in the real estate game in the northeast, and all Assamese NRIs can trust us for our services.
