Tier III city
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 »
Fire capital, the real estate private equity firm has planned to invest Rs.400 crore in real estate projects. The main focus area for the PE firm is tier II and tier III cities in India. The firm has already invested in in different projects in Jaipur, Bangalore, Nagpur and in Indore. The Firm also aiming [...] 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 »
It might be a bad news for the stock market as the value of rupee against dollar falls but the same does not apply for the developers. Kochi based developers are planning to lure in more investors and buyers during this depreciation period and make more revenue out of it. The Confederation of Real Estate [...] Continue Reading »
