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Real Estate Growth in India's Tier 2 and 3 Cities

Sector: Government • Location: India

Source: Hindustan Times

Project
Ongoing Growth And Development

The article discusses the emerging real estate growth in India's Tier 2 and 3 cities driven by rapid urbanisation, logistics corridors like the Delhi Mumbai Industrial Corridor, IT/ITeS investment zones, global capability centres, and the PM Gati Shakti programme. It highlights the importance of statutory approvals, digitisation of land records under the Digital India Land Records Modernisation Pr

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The project “Real Estate Growth in India's Tier 2 and 3 Cities” is an infrastructure initiative in the Government sector, located in India. Taiyo aggregates data on it from Hindustan Times.

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Participants

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ongoing growth and development

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Description

Description

The article discusses the emerging real estate growth in India's Tier 2 and 3 cities driven by rapid urbanisation, logistics corridors like the Delhi Mumbai Industrial Corridor, IT/ITeS investment zones, global capability centres, and the PM Gati Shakti programme. It highlights the importance of statutory approvals, digitisation of land records under the Digital India Land Records Modernisation Programme (DILRMP), and the Model Tenancy Act, 2021. The article also mentions challenges such as fragmented zoning norms and municipal by-laws, and the need for streamlined approvals and infrastructure growth to support this development.

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Source reliability

High

Data quality score

100%

Source

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URL

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