Signalling a sharper focus on tier-2 and tier-3 cities, Finance Minister Nirmala Sitharaman on February 1 announced a sustained infrastructure push, with Budget 2026 unveiling a major thrust on regional urban development focusing on the development of city economic regions (CERs), with a proposed allocation of ₹5,000 crore per region over five years to implement […]
Improved infrastructure connectivity, expanding employment hubs and a steady supply of mid-income housing are shifting homeownership demand away from core metro cities towards Tier-2 and Tier-3 markets such as Chandigarh, Jaipur, Surat, Madurai and Palwal. These cities recorded an 81% year-on-year growth in home loan volumes in 2025, outpacing the 52% growth seen in Tier-1 […]
India’s retail mall segment is undergoing a structural shift, with Tier 2 cities rapidly emerging as strong performers, even as metros retain the majority of the organised shopping centre stock. Powered by rising incomes and aspirational spending, cities such as Chandigarh, Kochi, Visakhapatnam, and Surat are now seeing rentals that rival those of several Tier […]
Housing sales in India’s top 15 tier-2 cities fell by 4% YoY to 39,201 units in Q3 2025, even as the sales value rose by 4% to ₹37,409 crore, indicating a gradual shift towards premium homes, according to a report by PropEquity, a real estate data analytics firm. Housing sales in India’s top 15 tier-2 […]