Tier-II Cities Emerge As Significant Engines Of Growth For Real Estate Industry In India: PropEquity
Tier-II Cities Emerge As Significant Engines Of Growth For Real Estate Industry In India: PropEquity
New Delhi, September 1, 2022: Ahmedabad, Vadodara, Nashik, Gandhi Nagar and Jaipur have taken up the top five ranks among tier-II cities in growth of residential property market on the back of rapid urbanisation, industrialisation and growth of IT industry, according to recent report published by India’s leading real estate data analytics and consultancy company, PropEquity.
The report, titled “Tier-II: Residential Overview”, states that there has been a remarkable jump in both absorption as well as supply of quality residential properties in various price brackets in these cities. The report has tracked performance of the residential segment of the real estate sector in various tier-II...