Real Estate Booms in Emerging Cities
Real Estate

Real Estate Booms in Emerging Cities

India's rapid infrastructure expansion is unlocking real estate potential in 30 emerging cities, with land prices projected to grow up to 5.2 times by 2035, according to a report by Colliers. The transformation is driven by the development of key expressways, positioning cities like Nagpur, Jaipur, and Lucknow as rising investment hubs.

Nagpur tops the list of emerging cities, bolstered by the 701-km Samruddhi Mahamarg Expressway, which has significantly enhanced connectivity and growth prospects. Jaipur and Lucknow follow closely, with burgeoning micro-markets such as Ajmer Road and Raebareli Road, respectively, showing immense promise.

Other high-potential locations include Ahmedabad's Shela, Agra's Shastripuram, Meerut's Ganga Nagar, Chandigarh's Kharar, and Bhopal's Indus Towne. These micro-markets, spread across tier-2 cities, are anticipated to see exponential land price growth, making them attractive for real estate investment.

The analysis highlights the transformative impact of infrastructure projects like the Bharatmala Pariyojana, which aims to modernize highways, expressways, and feeder routes. Iconic expressways, including the Yamuna Expressway, Mumbai-Pune Expressway, and Dwarka Expressway, have already demonstrated the ability to turn surrounding areas into real estate hotspots.

Colliers’ evaluation considered key growth parameters, including physical and social infrastructure, demographic trends, economic activity, and real estate dynamics. The findings underscore the pivotal role expressways play in driving urbanization and land value appreciation in emerging cities.

As India accelerates its infrastructure development, these cities are expected to reshape the real estate landscape, offering lucrative investment opportunities for the future.

India's rapid infrastructure expansion is unlocking real estate potential in 30 emerging cities, with land prices projected to grow up to 5.2 times by 2035, according to a report by Colliers. The transformation is driven by the development of key expressways, positioning cities like Nagpur, Jaipur, and Lucknow as rising investment hubs. Nagpur tops the list of emerging cities, bolstered by the 701-km Samruddhi Mahamarg Expressway, which has significantly enhanced connectivity and growth prospects. Jaipur and Lucknow follow closely, with burgeoning micro-markets such as Ajmer Road and Raebareli Road, respectively, showing immense promise. Other high-potential locations include Ahmedabad's Shela, Agra's Shastripuram, Meerut's Ganga Nagar, Chandigarh's Kharar, and Bhopal's Indus Towne. These micro-markets, spread across tier-2 cities, are anticipated to see exponential land price growth, making them attractive for real estate investment. The analysis highlights the transformative impact of infrastructure projects like the Bharatmala Pariyojana, which aims to modernize highways, expressways, and feeder routes. Iconic expressways, including the Yamuna Expressway, Mumbai-Pune Expressway, and Dwarka Expressway, have already demonstrated the ability to turn surrounding areas into real estate hotspots. Colliers’ evaluation considered key growth parameters, including physical and social infrastructure, demographic trends, economic activity, and real estate dynamics. The findings underscore the pivotal role expressways play in driving urbanization and land value appreciation in emerging cities. As India accelerates its infrastructure development, these cities are expected to reshape the real estate landscape, offering lucrative investment opportunities for the future.

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App