Indo Rama Retail Holdings to open 200 stores across India in 3 years, targeting tier-2 and tier-3 cities, with investments up to Rs 40 lakh per store.
Investors seek higher returns in tier-II towns, opting for fixed deposits in big jewelry chains over conventional bank deposits, citing trust and safety concerns with unregulated companies, including real estate firms.
51 Indian districts, including Tiruchirapalli, Amravati, Bhavnagar, Kamrup, and Jabalpur, hold significant market potential, almost double that of the top four metros combined.
Sobha Developers planning expansion into SEZs, retail, and commercial projects across multiple cities with significant investment plans
Milestone Capital Advisors plans to raise Rs 10 billion for investments in real estate projects across tier-II and tier-III cities in Tamil Nadu, focusing on affordable housing.