Unlocking Opportunities: The rise of real estate in Tier 2 & Tier 3 cities Financial Express
India’s real estate sector is experiencing a paradigm shift and transforming the landscape in tier 2 and tier 3 cities. The picture recent projections present of real estate prospects in these emerging markets is highly promising. With a staggering housing demand of 93 million units forecasted by 2036, developers are increasingly turning their attention to tier 2 and tier 3 cities. Notable regions such as Chandigarh Tricity, Agra, Lucknow, Ujjain, Vrindavan and Hapur, among others, have emerged as focal points. Almost 91.6 per cent of the acquired land is earmarked for low-rise and plotted formats, reflecting the huge unmet demand for affordable housing
