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1.Prozone targets Rs 300 cr sales with affordable luxury projects

Prozone Capital Shopping Centres has built shopping malls in tier-II cities and now it is looking at bringing about a shift in the way real estate is sold in these markets with its affordable luxury housing projects.

2.InterContinental to set up 150 hotels in India

Media reports say that InterContinental Hotels Group (IHG) has a target to set up 150 hotels in India in the next 10-years. The firm will concentrate on Tier-II cities in the country to set up its units. Most of them would be in the mid-scale business hotels category, the company said.

3.Tier-II cities are definitely the hotspots for hospitality development

One of India´s largest and most respected conglomerates in the development and construction of residential and commercial buildings, villas, condominiums, business parks and hotels, Arun Muchhala Group has been a pioneer in extending the boundaries of Mumbai.

4.Conditioned for Success

Things are heating up in certain segments of the HVAC market. ´We´re seeing 18-20 per cent growth in the residential and commercial segments of the HVAC market, albeit not so much in the industrial sector,´ says A Ravi, President-Ishrae Thane Chapter, Head Marketing (Projects Business), Domestic Projects Group, Voltas Ltd.

5.Rental Housing | A missing link in the housing shortage dilemma?

As urbanisation strengthens its foothold in India, the housing shortage problem becomes more prominent. The rural poor flocking to Tier-I cities and Tier-II cities turning home to many MNCs have propelled the floating population in India. Rental housing, and not house purchase, is the only solution to this problem.

6.Over 98 per cent of respondents prefer to invest in real estate in Tier-II cities – Magicbricks poll

While metro cities are struggling with issues like lack of space, over-population and housing development nearing saturation, it is the Tier-II cities that have emerged as the next focused investment destinations for real estate buyers in India.

7.Malaysia to redevelop 20 Indian Railways’ stations

The Indian Railways is planning to partner with Malaysia to redevelop 20 stations in Tier-II cities across India. Aimed at attracting nearly Rs 1 lakh crore investment, the station redevelopment project envisages infrastructure revamp at platforms and circulating areas.

8.Gaurs Group records biggest sale in Delhi-NCR’s real estate

Clocks a sale of $500 million in Delhi-NCR region in 2018

9.We aim to double our footprint in India by 2020.

IWG Plc entered India in 2004, and since then, the company has built an unparalleled network of offices, co-working and meeting spaces across the country.

10.Cities Driving Opportunities

India’s top eight cities are driving warehousing opportunities.