Tier II and III cities
Karnataka will have two of the five no-frills airports that the Government plans to set up to promote regional air connectivity, tourism and other economic activities in tier II and tier III cities. A senior official of the Airports Authority of India told newspersons here on Tuesday that apart from Hubli and Belgaum in Karnataka, [...] Continue Reading »
While the home loan and auto loan market get saturated among the creamy layer of metros, banks seem to concentrate on Tier II and Tier III cities. Whether it be country’s largest mortgage lender, HDFC or other big players like BNP Paribas Home Finance or Kotak Mahindra Bank, everybody is looking at growing small cities. [...] Continue Reading »
Inspite of continuous price hikes and interest levels touching sky, demand for home loan has not been affected by any. Home loan has been in constant demand especially in smaller cities. According to a report, loan borrowed has rose by 14% by October 2011 against end of 2010. A rise of 12% was witnessed in [...] Continue Reading »
A group of DHFL company, Arthveda Fund Management recently launched 200-crore fund in namely “Arthveda Star Fund“. This fund launch is to aim to make an investment in greenfield residential projects with a greenshoe option. The fund management has plans of investing 75 percent of its share into middle income housing projects at Tier II [...] Continue Reading »
