India's Tier-2 cities, such as Kochi and Goa, close property price gap with top 8 cities due to economic diversification, consumer demand, and pandemic-accelerated migration.
India's Tier-2 cities, such as Kochi and Goa, are closing the property price gap with the country's top 8 cities, with surges of 10-15% in prime areas. This trend has been driven by economic diversification, rising consumer demand, and reverse migration patterns accelerated by the pandemic. According to Housing.com's 'The Bharat in India' report, this surge can be attributed to economic potential in these cities, attracting a growing influx of residents.
June 13, 2024
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