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gregorygarver.com San Francisco Real Estate Forum
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lost1
Joined: 29 Apr 2007 Posts: 6
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Posted: Fri Sep 08, 2006 5:34 am Post subject: relocating to india? |
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| We live in US and have been here for past 10 years. Our son is 4 years. We belong to Uttar Pradesh. We visit India every 2 years. So, we do not have much idea about salary or real estate there.We are planning to move to India for good in next one year. The decision was taken for personal reasons. We want to settle down in Mohali, Panchuka , Chandigarh area.Can someone tell us how much salary can I expect to get there. I have worked in .Net and java for past 10 years as a developer and team lead. Also, how much does an average house cost? Say 3 bedroom independent house? No flats.I know the questions are too vague. But all I need is to get a rough idea of what I can expect to face in India. Will the salary cover the expenses there? Remember money is not a decision maker here. So, as long as I can earn median salary and we can live an average middle class life, we are fine.Also, any information about these cities will be greatly appreciated. We have no idea about these ci |
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lepr0kan
Joined: 18 May 2005 Posts: 3
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Posted: Thu Oct 12, 2006 8:56 am Post subject: relocating to india? |
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| Chandigarh, Mohali and Panchkula form what is called the Tricity. Real estate prices are comparable in all 3 cities. Independent houses and plots are slightly more difficult to purchase simply because there are less numbers up for sale and most of them have been re-sold quite a few times. Plus there is not too much space left in good areas where new plots/construction can come up.All said, the tricity is a good option. I have stayed in Chandigarh for 2 years and will vouch for that. Quality of life is also good considering the good roads, civic ameneties, peaceful life and generally good people.With your job experience, it wouldn't be too difficult to get a decently paid job. But I should tell you that, on an average, the salaries and opportunities in Tricity are lower than Delhi/Gurgaon. However, the scene is improving with major companies slowly establishing bases there. Infosys, IBM Daksh, Quark, etc. are already there.Prices of independent 3 bedroom house is a bit difficult to pin point as that depends on location, quality of the construction as various other factors. I am sure you will agree to this. Going by the rates of flats going there, you will have to look at figures upwards of 1.25 crore rupees for a 3 bedroom independent house. |
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