Business Standard

Fast-growing hotspots: Enter tier II cities while prices are attractive

Many of them could emerge as growth hubs in the near future offering sound price appreciation, but they also carry the risk of a supply glut

Enter tier II cities while prices are attractive
Premium

Sanjay Kumar Singh
Tier II and tier III cities present a varied picture as far as price appreciation in the residential segment over the past year is 
concerned. Some micromarkets have witnessed good appreciation (See: Fast-growing hotspots), while in most others prices have been stagnant or risen in the single digit. Nonetheless, an investor exploring investment options should consider these cities. 

Affordable option: The primary reason why tier II and tier III cities should be on an investor's radar is affordability. They offer options even to those with a limited corpus. “Capital values are much lower in these cities than in the metros,” says Gagan

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 28 2018 | 9:27 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com