Assam real estate, property market investment

Real estate and property investment in Assam is higher compared to the other north-eastern states of India. Assam is one of the seven north-eastern states of India, collectively called the ‘seven sisters’. The total land area of Assam is about 78438 square kilometers. The National Commission on Population (India) has estimated the population of Assam to be 28.67 million in 2006.

Real estate prices have especially increased in Guwahati, the largest city of Assam. Other major cities and towns of the state have also experienced investment. These include places like Dibrugarh, Jorhat, Bongaigaon, etc.

The economy of the state has shown encouraging signs of progress. Agriculture is the main occupation of the state. Assam is famous internationally for its Tea and silk. Natural gas and petroleum, besides tea, plays an important role in the economy of the state. These two areas have experienced investments for many years now. The economy is hampered to some extent by floods which have become a yearly occurrence in many regions of the state.

More facts about Assam

Assam has many national parks and sanctuaries. These include Kaziranga national park and Manas national park. Kaziranga is famous for its one-horned rhino. Both of these national parks are world heritage sites. Assam is the only region in the world that has its own variety of tea. It is called Camellia assamica. Assam is the second place in the world where petroleum was discovered. The first mechanically drilled oil well in Asia and the oldest refinery of India is located in Assam. Languages spoken include Assamese, Bodo, Bengali, Hindi, English.

If you are looking to invest in real estate or property in Assam, Guwahati will be a good choice to begin with.

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Real estate and property market investment in Assam