Housing Prices in Tier-II Cities Surge by Up to 94%

22 Jul 2024 CW Team

Housing prices in top 30 Tier-II cities have surged by up to 94%, driven by increased demand for residential properties. According to PropEquity, these markets are witnessing substantial price hikes as buyers flock to more affordable and less congested urban areas compared to the major metropolitan centres.

The sharp rise in housing costs is attributed to several factors, including a growing preference for spacious homes and better living conditions outside crowded metros. As people seek more balanced lifestyles, Tier-II cities are emerging as attractive alternatives, offering a blend of affordability and improved quality of life.

Cities like Indore, Jaipur, and Coimbatore have experienced significant price increases, reflecting their rising popularity among homebuyers. The trend is also supported by ongoing infrastructure developments and improved connectivity, which enhance the overall appeal of these cities.

Developers are responding to this demand by accelerating new projects and expanding their offerings in these regions. The heightened interest is driving competition among builders, leading to a more dynamic real estate market in Tier-II cities.

The price surge indicates a shift in market dynamics, as buyers and investors recognize the value in these emerging hubs. This trend not only underscores the growing importance of Tier-II cities in the national real estate landscape but also highlights the changing preferences of homebuyers seeking both value and a higher quality of living.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..