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Religious tourism and investment drive sharp rise in residential demand in Indian cities like Prayagraj and Varanasi.
Report by Magicbricks shows a surge in residential demand in Indian Tier-2 cities like Prayagraj, Varanasi, Puri, and Shirdi, driven by religious tourism and investment.
Prayagraj saw a 28% increase, Varanasi 18%, Puri 52%, and Shirdi 67%.
The demand includes holiday homes and short-term accommodations, with price variations across cities.
Factors include growing religious tourism, improved infrastructure, and potential rental income.
9 months ago
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