Real Estate Pune
Housing Sales Decline in Tier 2 Cities, but Property Values Rise by 6%
A recent report highlights the contrasting trends in Tier 2 real estate markets, with a dip in housing sales and a 6% increase in property values. This article delves into the factors driving these changes and their implications for the real estate sector.
Real Estate
Real Estate Players Focus on Edge Data Centers in Tier 2 Cities
The shift towards edge data centers is reshaping the real estate landscape in India, with a growing focus on Tier 2 cities like Faridabad. These cities are gaining traction due to their strategic connectivity and infrastructure readiness.
Real Estate
Housing Sales in Top 15 Tier 2 Cities Decline 8%, Sales Value Rises 6% in Q1 2025: Report
A report by PropEquity reveals a decline in housing unit sales in India's top 15 Tier 2 cities, while sales value has increased. Lucknow and Coimbatore show significant growth, while Visakhapatnam and Jaipur experience the highest declines.
real estate news
Housing Sales in Tier 2 Cities Drop 8% in Q1 2025, but Value Rises 6%
Housing sales in India's top 15 tier 2 cities dropped by 8% year-on-year in the first quarter of 2025, according to a report by real estate data analytics firm PropEquity. Despite the dip in volume, sales value rose by 6%, suggesting a shift toward premium housing.
Real Estate
Home Sales in Top 15 Tier 2 Cities Drop 8% in Q1 2025, Sales Value Rises 6%
Housing sales in India's top 15 tier 2 cities fell by 8% in the first quarter of 2025, with units sold dropping to 43,781. However, the sales value increased by 6% to ₹40,443 crore, indicating a shift towards premium housing.
real estate news
Home Sales in Top 15 Tier 2 Cities Down 8% in Q1 2025 Despite 6% Rise in Sales Value: Report
Housing sales in India's top 15 tier 2 cities saw an 8% decline in Q1 2025, with units sold dropping to 43,781. However, the sales value increased by 6% to ₹40,443 crore, indicating a shift towards premium housing.