India Reports

Growth Potential:
Tier II and Tier III Cities in India

 

 

Classification of Cities based on Real Estate Market
  Cities Characteristics
Tier I Bangalore, Mumbai, NCR Fairly well-established real estate market. Demand drivers quite pronounced
Tier II Hyderabad, Chennai, Pune, Kolkata Growing real estate markets. Experiencing heightened demand and investments
Tier III Chandigarh, Ludhiana, Lucknow, Guwahati, Bhubaneswar, Jaipur, Ahmedabad, Surat, Nagpur, Indore, Goa, Visakapatinam, Mysore, Coimbatore, Kochi, Vijaywada, Mangalore, Trivandrum and Baroda Real estate markets yet to establish. Perceived to have substantial potential demand
Source: inrnews.com

 

 

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