Believers:who is going to these cities Recent trend shows that due to lack of availability of business equipped infrastructure and exorbitant property prices in the existing metros, the IT, ITES and the BPO companies are vying for the smaller cities where they are promised better infrastructure, progressive duty spaces and also skilled manpower. A careful champaign of these Tier III cities reveals the close proximity of these cities, to the most natural event cities of India same(p) Delhi, Mumbai, Bangalore to name a few. Thereby, it will be no mistake if they are called the extension cities of the booming metros. Of late, the tier II cities like Pune, Kolkata and Hyderabad have made business opportunities and infrastructural development like never before. Now it is the turn of the Tier III cities or the smaller cities like Jaipur, Ghaziabad, Kochi, etc. to make it big into the realty business as the government and the corporate sector arse them as Indias Next Destination Cities.Real estate companies are difficult to cash in on the demand for residential and office space in Tier-II and Tier-III cities. Most of them have ambitious projects in this financial year.
Investors who are believers: REAL ESTATE PLAYERS: DLF, the largest realty strong in the country, feels with economic growth faster in the smaller cities, in that location will be more demand there. Its DLF Garden urban center project in Indore has been a major success, with the first phase beingness sold. The company is planning to launch the second phase during the current financial year. DLF feels the growth in Tier-II and Tier-III cities is triggered by the fact that prices are comparatively rather low in these cities. Ansal Properties also has ongoing residential projects in Jaipur, Jodhpur, Agra, Ajmer, Kundli and Panipat, among others. In this financial year, the company plans to launch a million sq ft area in a commercial project in Lucknow, which will have office buildings and a shopping mall. Omaxe has 40... If you want to deal a full essay, order it on our website: Ordercustompaper.com
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