Nagpur, Jaipur, Lucknow Lead in Physical and Social Infrastructure: Colliers Report
Real estate consultant Colliers India has conducted a detailed analysis to evaluate the growth drivers of emerging cities. The top three cities, based on physical and social infrastructure, are Nagpur, Jaipur, and Lucknow.
NagpurJaipurLucknowReal EstateInfrastructureReal EstateJan 23, 2025
The real estate consultancy firm has developed a matrix using four key parameters physical infrastructure, social infrastructure, demographic growth and economic development, and real estate dynamics.
The cities that have a well-established ecosystem and strong future growth potential, driven by both government and private sector initiatives, scored higher in the assessment.
Nagpur, often referred to as the 'Orange City,' is a rapidly developing urban center in Maharashtra.
Key projects like the Multi-Modal International Cargo Hub and Airport at Nagpur (MIHAN), Samruddhi Mahamarg (the Mumbai-Nagpur Expressway), and the Nagpur Metro are significantly enhancing connectivity and economic growth, as highlighted in the report.
Nagpur is becoming a significant hub for residential, commercial, and industrial investments, attracting attention from across India.
Jaipur, the capital of Rajasthan and famously known as the 'Pink City,' is one of the earliest planned cities in India.
The city's economy, driven by tourism, gemstone cutting, jewelry manufacturing, luxury textiles, and the IT sector, is supported by its growing infrastructure.
Jaipur is emerging as a key manufacturing and IT hub in India.
According to Swapnil Anil, Managing Director, Advisory Services, Colliers India, the expansion of expressways not only improves commuting but also promotes urban growth.
Frequently Asked Questions
What are the top three emerging cities in India based on the Colliers report?
The top three emerging cities in India, based on the Colliers report, are Nagpur, Jaipur, and Lucknow.
What are the key parameters used by Colliers India to evaluate the growth drivers of emerging cities?
Colliers India used four key parameters: physical infrastructure, social infrastructure, demographic growth and economic development, and real estate dynamics.
What significant projects are enhancing connectivity and economic growth in Nagpur?
Key projects like MIHAN (Multi-Modal International Cargo Hub and Airport at Nagpur), Samruddhi Mahamarg (the Mumbai-Nagpur Expressway), and the Nagpur Metro are enhancing connectivity and economic growth in Nagpur.
How is Jaipur's economy driven?
Jaipur's economy is driven by tourism, gemstone cutting, jewelry manufacturing, luxury textiles, and the IT sector, supported by its growing infrastructure.
What are the expected returns for investing in land within the micro-markets of emerging cities along expressways?
The expected returns for investing in land within the micro-markets of emerging cities along expressways are up to 5.2 times over the next decade.
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