Real estate in Tier 2 cities across India is witnessing a significant upward trend in capital appreciation, outpacing the growth rates of their Tier 1 counterparts, as revealed in the latest analysis by Magicbricks, one of India’s leading real estate platforms. This shift marks a transformative period in the real estate landscape, with Tier 2 cities emerging as vibrant, growth-oriented hubs. The underlying factors driving this growth are extensive infrastructure development, increasing affordability, and a surge in demand for both residential and investment properties. The northern region of India is particularly experiencing a pronounced surge in the performance of Tier 2 cities, making them more attractive to homebuyers and investors alike.
