The grading of the locations depicts the scale of opportunities within these emerging corridors, which would allow the investors to gauge their location preference according to their risk appetite.

Locations that score high on sustainability exemplify the strength of their physical and social infrastructure, real estate development in the adjoining markets and the nature of economic activity present with the broader location. Hinjewadi, Manesar, GST and Sriperumbudur, Shamshabad, Greater Noida, Panvel and Virar, and Devanahalli rank high on this parameter. These corridors will have limited exposure to risk and will bring assured returns due to demand dynamics and readiness of infrastructure. Therefore, long-term sustainable corridors would emerge as preferred choice for investment from the risk minimisation perspective.

Momentum is an indicator of the pace and direction of the developmental activities along the corridor. There would be considerable strength of local and national players planning projects or venturing into these corridors. A favourable economic environment reinforces the faith of local and foreign investors ascertaining the attractiveness of corridors such as Thane, Kokapet, Bidadi, Chakan and Kharadi. This is driven by the favourable government policies that would reduce entry barriers providing investors with ease of attaining clearances to expedite processes and the demographic profile of their catchments that would add to the strength of these locations.

According to the report, Hinjewadi and Manesar emerge as the highest rankers on all parameters and are poised to be prominent locations with promising prospects due to relatively strengthened real estate dynamics and favourable policies. GST and Sriperumbudur, and Shamshabad also score high and offer similar investment potential and positive environment.

Regions such as Greater Noida, Panvel and Virar, which have performed moderately on momentum and high on sustainability as well as environment, come next in the ranking and thereby offer lucrative investment opportunity from a long-term perspective. The locations that fall under moderate scale on all three parameters are Bantala, and Tumkur Road; however, this would not restrain investments from a long-term perspective, the report adds.