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Q.

Where can I Buy the Cheapest House?

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7 months

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0 2025-04-30T16:56:29+00:00

Hi there. The question, where can I buy the cheapest house in India, is something I hear often from people. Being an investor in the real estate market for a long time, I have been studying the Indian market for a while now and the cheapest house lies in the tier 2 and tier 3 cities of the country. You can find good opportunities to buy real estate in Bhopal, Indore, Lucknow and similar cities.


Where to Buy the Cheapest Houses?


Cities in tier 2 and 3 states hold a lot of potential; you just need to study the market and then make the investment. Indore, Surat, Ahmedabad, and a few more cities are seeing rapid growth and hold a lot of promise to develop into the next tier 1 cities in the coming years.


Right now, rates are on the lower side, but they will increase with time. So, you need to narrow down on a few cities and then decide.


Also, your purpose of buying a home matters. If you are looking to settle down, the metrics of looking at the right city would be different. Bhopal, Jaipur, Lucknow and Kochi are doing good in that area and you can compare rates, along with the cost of living and the experience of residing there. 

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