Tier 2 and 3 cities emerging as major real estate marketplaces

22 Aug 2022 CW Team

In spite of the worldwide economic unrest brought on by supply chain interruptions, multiple conflicts, and the COVID-19 pandemic, the Indian economy continues to be a shining example. Due to its internal resiliency, the nation's economy is still dynamic and stable. The emergence of Tier 2 and Tier 3 cities, which are the development hubs and promise socioeconomic growth, has contributed significantly to the resilience. Numerous prospective investors and homebuyers view these cities as an alternative to polluting, congested metropolises. Numerous important cities are mentioned, including Lucknow, Chandigarh, Ludhiana, Bhopal, Indore, Kochi, Amritsar, Goa, Guwahati, and Jaipur.

These cities are quickly establishing themselves as real estate hubs where a healthy housing market continues to support the expansion of the total infrastructure. On the list of rising markets are other cities like Agra, Coimbatore, Patna, Srinagar, Thane, Vadodara, Varanasi, Visakhapatnam, Bhubaneswar, Gwalior, and Udaipur.

These cities will eventually compete favourably with major metropolitan areas and present a wealth of residential and commercial investment options.

Also read:
DDA plans 'mini draw' of waitlisted applicants
Andlay Estates takes a stake in Nainital residential project

Real Estate

26 Jun 2026

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 ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..