CREDAI's 6th New India Summit highlights the growing significance of Tier 2 and Tier 3 cities in India's real estate market, emphasizing their role in driving sustainable urban development.
Real EstateTier 2 CitiesTier 3 CitiesCredaiUrban DevelopmentReal Estate MaharashtraMar 10, 2025
The main focus of CREDAI's 6th New India Summit is on the role of Tier 2 and Tier 3 cities in India's real estate market and their potential for sustainable urban development.
Key government initiatives discussed at the summit include the Smart Cities Mission and the AMRUT (Atal Mission for Rejuvenation and Urban Transformation) programs, which aim to improve infrastructure and services in smaller cities.
Tier 2 and Tier 3 cities are becoming more attractive for real estate investment due to their more affordable and lucrative market conditions, improved infrastructure, better connectivity, and a rising middle class.
Technology plays a crucial role in addressing urban challenges such as traffic congestion, pollution, and inadequate public services. Smart city solutions and green building technologies are among the tools being leveraged to create more livable and sustainable urban environments.
CREDAI, the apex body of real estate developers in India, advocates for policies that support sustainable urban growth. The organization provides a platform for stakeholders to exchange ideas and promotes innovation and best practices in the real estate industry.
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