Pradhan Mantri Awas Yojana (PMAY) drives Indore's affordable housing boom, offering ₹2.67 lakh subsidies for 1 BHK units. Eligible EWS/LIG families gain ownership, while investors target Rau and Neemuch projects under extended 2025 deadline.
The ₹13,000 crore Delhi-Dehradun Expressway is revolutionizing Dehradun's property market, cutting travel time to 2.5 hours and attracting Delhi investors seeking premium homes.
Madurai's residential property market now offers affordable entry-level options starting at ₹4000 per square foot, positioning the temple city as South India's emerging investment hub.
Bhopal's real estate market transforms into a lucrative investment hub through Smart City initiatives, offering 8-10% annual returns and affordable entry prices in 2025.
Godrej Properties enters Vadodara’s real estate market with 34-acre acquisition for premium plotted residential units, marking its second Gujarat project in 12 months.
Navi Mumbai records India's highest property price growth at 17.4% in Q1 2025, driven by infrastructure expansion and economic opportunities, outperforming metro hubs.
Mangalore’s transformative infrastructure projects—including expanded roads, upgraded airports, and smart city initiatives—are reshaping its real estate landscape, attracting investors and boosting demand for residential and commercial spaces. With Smart City initiatives and emerging suburban hubs gaining traction, the coastal city cements its position as Karnataka’s next real estate hotspot.
Despite strong demand, Jaipur recorded a 10% Q1 2025 drop in residential sales value contrasting with 17% growth in other state capitals across tier 2 cities. While urban infrastructure upgrades drive aspirational living supply-side challenges and delayed project completions temporarily dampened transactions. This dip highlights broader trends of premiumization in tier 2 markets.
Coimbatore's residential real estate market experienced a remarkable 52% year-on-year increase in sales value, reaching ₹1,120 crore in Q1 2025. This growth occurred despite an 8% drop in unit sales across India's top 15 tier-2 cities.
Non-Resident Indians have propelled a 35% surge in Coimbatore's housing demand, attracted by strategic infrastructure growth and affordable property prices.
Coimbatore dominated tier-2 Indian real estate in H1 2025, marking a record 714-acre acquisition amid ₹31,000 crore land deals, signaling strong investor confidence.
Madurai is emerging as a key real estate hub in South India, driven by infrastructure upgrades, strategic land acquisitions, and growing interest in plotted developments. Despite national downturns, SKT Realtor reports sustained investor demand in both residential and commercial sectors, supported by affordability and economic growth.
In Q1 2025, Bhopal's housing sales dropped 8%, mirroring an 18% regional fall in Central & Eastern India, despite a 6% rise in sales value in top tier 2 cities across India.
Nashik's strategic positioning between Mumbai and Pune, combined with upgraded infrastructure and air connectivity, accelerates residential and commercial real estate growth, attracting investors and homebuyers seeking affordability and accessibility in 2025.
In 2023, India's commercial real estate thrives with $5.4 billion investments, led by Global Capability Centers, while global markets decline significantly.
Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.
Offbeat real estate destinations like Sonipat, Bhiwadi, and Panchkula are gaining traction due to their blend of affordability, lifestyle amenities, and infrastructure developments.
The construction and real estate sector witnessed an 86% surge in employment between March 2023-24, with Delhi, Bengaluru, and Mumbai leading hiring activity.
India's real estate market sees surge in land transactions, driven by luxury living demand, with 58% increase in land deals since 2022, and growing traction in Tier 2 and 3 cities.
Coimbatore's thriving economy and strategic projects are attracting investors to its rising real estate market, especially in residential and commercial sectors.
Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.
India's real estate market has flourished in 2023, particularly in luxury housing, with increased sales and strong demand across multiple segments, signaling ongoing growth.
Real estate developers have invested nearly Rs 5,000 crore to acquire 1,461 acres of land in Tier 2 and 3 cities since January 2022, according to JLL India.
Budget 2013 offered limited benefits to the real estate sector, primarily aiding first-time homebuyers with tax deductions on home loans up to ₹25 lakh.
Tier-2 cities in India drive growth through stabilized domestic demand for residential and commercial properties.