News articles tagged Tier III Cities

Will Real Estate Boost in 2021?- Real Estate Condition in the upcoming year.

India's real estate sector, particularly residential, is rebounding thanks to government policies like reduced home loan interest rates and tax relief, attracting more buyers and foreign investment.

Credai to shove for change in proposed real estate bill

CREDAI plans to request amendments to the Real Estate Bill from the Central Government, fearing increased housing costs and discouragement for smaller developers.

Small cities resist realty slowdown

Tier-II and Tier-III cities in India are experiencing significant growth in residential real estate transactions, contrasting with the slowdown in major metros.

Investment in township projects reaps better

Investment in township projects around cities and suburbs is seen as a better option, with experts suggesting that these areas hold more potential for growth and higher returns.

Cap Removal on Loans to Lift NRI Real Estate Investments

Removing the cap on loans has boosted NRIs' desire to invest in Indian real estate. Approx. 90% of NRIs in UAE prefer real estate investment in India.

Brokers Hunt for Jobs as Slump Hits Realty Sales

Real estate brokers in major Indian cities are switching to other businesses due to a slump in home sales. Smaller players are particularly affected, forcing many to seek jobs in different sectors.

Comeback of Luxury Homes

The realty market witnesses a resurgence in demand for luxury homes, not just in prime locations like Bangalore and Mumbai but also in tier-II and tier-III cities like Nagpur and Ahmadabad.

Indian real estate is experiencing a resurgence due to increased construction, especially in affordable housing, and record-low home loan rates. This has led to renewed optimism among consumers, particularly in Tier II and Tier III cities.

“Affordable house” or a compromise?

Middle-class families struggle to find affordable housing in metro cities, often facing poor designs and compromises in quality. Design standards are needed for builders.

Housing demand falls 35% in smaller cities: Assocham

Housing demand in tier-II and tier-III cities plummeted by 35% in the first half of the fiscal year, primarily due to increased borrowing costs, as per Assocham's assessment.

Realtors shift focus to budget housing

Real estate sector faces slump due to high interest rates and economic slowdown, forcing developers to focus on affordable housing in Tier-II and Tier-III cities.

FIRE Capital To Invest In Affordable Housing

FIRE Capital Fund is poised to enter the affordable housing segment, focusing on Tier II and III cities, with plans for a new investment in West Bengal.

Rs 872 Crore Is To Be Invested For Logistic Park In Mumbai

Mumbai is the top choice for logistics and warehousing investment, attracting $200 million. Smaller cities like Nagpur, Gurgaon, and Visakhapatnam are also emerging as promising logistics hubs.

Milestone To Launch MEAS With Ecofirst

Milestone launches Ecofirst Advisory Services for eco-friendly real estate consultancy, aiming to support sustainable development across India, including Tier II and III cities.

Real Estate Transparency Of India And China

India and China significantly improve real estate transparency in Asia Pacific, ranking in semi-transparent and low transparent levels respectively.

Switching To Tier II And Tier III Cities A Good Option For Real Estate

Real estate appears resilient to inflation, with experts predicting a price drop of 5-10 percent. It's considered a favorable time for property investment, especially in Tier II and III cities.

Red Fort Will Develop Projects In Tier I And II Cities

Red Fort Capital plans to invest Rs 3,500 crore in Indian real estate projects over the next two and a half years, focusing on Tier I and II cities, and potentially Tier III locations.

Airport Upgrades Projected To Add 78 Million Square Feet Realty Space

By 2015, airport modernization aims to add 78 million square feet of real estate, boosting non-aeronautical revenues significantly, especially in retail and office spaces.

Old Mutual Plans 4 New Realty Funds

Old Mutual plans to significantly ramp up investments in Indian real estate, launching four new $1 billion funds by 2015, aiming to become a leading retail developer and asset manager.

Real Estate Companies planning for Low-Cost Residential Projects.

Realty giants are embracing the affordable housing sector, launching low-cost residential projects targeting small and mid-income buyers in various Indian cities.