Best Tier 2 Cities for Real Estate Investment
By
siliconindia | Friday, December 2, 2011
Bangalore: Property rates have increased drastically over the years in major cities like Delhi, Mumbai and Bangalore. This has led the investors looking for properties in Tier II cities. Real-estate action in India is increasingly moving to tier-II cities. They are becoming the center for real estate investment with both commercial and residential projects being developed in a fast pace.
So lets look at some of the best tier II cities for real estate investment.
Jaipur
Jaipur the Pink City of Rajasthan, provides good investment options in real estate. Residential, commercial plots, agriculture lands and Independent Houses available at various locations in and around Jaipur. Jaipur also offers the best growth prospects among the 10 smaller cities like Bhopal, Bhubaneswar, Coimbatore, Indore, Lucknow, Nagpur, Surat, Vadodara and Visakhapatnam, studied by CRISIL Research. The number of units sold in Jaipur in 2010 was the highest among the 10 small cities and second largest in terms of value of houses sold.

