 "Housing market, Homes, Real estate, Realty")
Ahmedabad, Vadodara, Nashik, Gandhi Nagar and Jaipur are the top tier-II cities in respect of the growth of the residential property market, according to recent report published by real estate data analytics and consultancy company, PropEquity. The report adds that the spurt has been driven by rapid urbanisation, industrialisation and growth of the IT industry.
The study, titled 'Tier-II: Residential Overview', states that there has been a surge in absorption and supply of quality residential properties across price brackets in these cities. The report has tracked performance of the residential segment in various tier-II cities from FY18 to FY22.
“Real
