Real Estate Booms in Emerging Cities

25 Jan 2025 CW Team

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.

Infrastructure Urban

27 Jun 2026

RR Kabel features in Hurun India 500 list

RR Kabel has been featured in the 2025 Burgundy Private Hurun India 500, a list of India’s 500 most valuable companies. The list is compiled by Burgundy Private, Axis Bank’s private banking business, in partnership with Hurun India.The recognition highlights RR Kabel’s sustained growth, market leadership and long-term value creation in India’s consumer electrical sector. The annual list recognises companies that have contributed to India’s economic landscape through scale, performance and business value.The Burgundy Private Hurun India 500 ranks listed companies based on market capit..

Vedanta ranks among India’s top 100 workplaces

Vedanta Group has been recognised among India’s Top 100 Best Companies to Work For 2026 by Great Place to Work India. The recognition reflects the company’s focus on building a high-trust, high-performance and inclusive workplace across its businesses in natural resources, critical minerals, energy and technology.Over the past five years, Vedanta has enabled nearly Rs 25 billion in employee wealth creation through its broad-based Employee Stock Option programme. The company said the initiative is aimed at encouraging ownership and shared value creation across levels.Vedanta has also built ..

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..