Beyond Mumbai and Pune - Invest in Maharashtra's Tier II Cities

Recent Blogs

Why Kalyan Is Emerging As A Preferred Choice For Homebuyers?

19th March, 2024

Read More

The Impact Of The Mumbai Coastal Road Project On Real Estate In Mumbai

11th March, 2024

Read More

How is Andheri’s real estate market shaping up?

5th March, 2024

Read More

Why Thane West Should Be On Your List Of Top Locations For Real Estate Investment?

21st February, 2024

Read More

How is the real estate market shaping up in India?

12th January, 2024

Read More

The Influence Of Technology On Real Estate

5th January, 2024

Read More

How To Accumulate Wealth Through Real Estate?

4th December, 2023

Read More

Dubai Real Estate: A League of Its Own

6th October, 2023

Read More

Chandivali’s Thriving Real Estate Prospect

4th September, 2023

Read More

The Power of a Will and its many advantages

29th August, 2023

Read More

The Bright Prospects of Indian Real Estate 2023-2047

21st August, 2023

Read More

Exploring Ready-to-Move Comforts and Off-Plan Potential in Dubai

16th August, 2023

Read More

MahaRERA's QR Code August 2023 Implementation

10th August, 2023

Read More

India's Booming Real Estate Sector: Growth, Investments, and Infrastructure Expansion

7th August, 2023

Read More

The Significance of Sample Flats for Residential Properties

31st July, 2023

Read More

Hyderabad Real Estate: Unveiling the Rise of Newly Launched Homes and Shifting Buyer Preferences

24th July, 2023

Read More

Luxury Living: Why Now Is the Perfect Time to Invest in Goa

19th July, 2023

Read More

Kalyan Real Estate: A Gateway to a Smart and Thriving Future

14th July, 2023

Read More

The Hidden Costs of Apartment Buying in India: A Buyer's Guide to Informed Purchases

12th July, 2023

Read More

Understanding Real Estate Jargon: Carpet Area, Built-up Area, and Super Built-up Area

7th July, 2023

Read More

Dubai's Office Rents Surge Higher Than London and New York, Indicating Market Recovery

5th July, 2023

Read More

Grade A Commercial Properties: India's Thriving Office Revolution

27th June, 2023

Read More

Buy your own home VS Choosing to rent

22nd June, 2023

Read More

Maharashtra RERA Implements QR Code System for Transparent Project Information

19th June, 2023

Read More

The Power of First-Floor Tenement

13th June, 2023

Read More

Real Estate Investment Igatpuri

8th June, 2023

Read More

Investment Options and Avenues in Real Estate

19th May, 2023

Read More

Lifestyle living in dubai

15th May, 2023

Read More

Positive Energy Vastu Items for Home Décor

11th May, 2023

Read More

How Technology is Revolutionizing the Indian Real Estate

28th April, 2023

Read More

Drones in Real Estate

25th April, 2023

Read More

The Rise of Pune's Commercial Real Estate Sector - Factors Driving The Growth

18th April, 2023

Read More

What Makes The Tier 2 & Tier 3 Cities Good Places To Invest In

13th April, 2023

Read More

Navi Mumbai Metro Line 1 – The Real Estate Opportunity

7th April, 2023

Read More

The Rising Demand for Housing in IT hub of Navi Mumbai's

6th April, 2023

Read More

Top Reasons that Drive NRI Investment in the Indian Real Estate Market

31st March, 2023

Read More

Gurugram & Noida - The two most promising investment destinations in the NCR

29th March, 2023

Read More

Top Emerging locations of Bengaluru

24th March, 2023

Read More

Women Empowering the Real Estate Market - Discounts and Benefits from Home Loans

21st March, 2023

Read More

Travel from Thane to Dombivli Under 20 Mins - The Benefits of Motagaon-Mankoli Creek Bridge

17th March, 2023

Read More

Top Reasons to Invest in Dubai's Real Estate Market

10th March, 2023

Read More

Pros of Investing In Real Estate in Top Cities In India

9th March, 2023

Read More

Key Drivers of Real Estate Market Growth in Bengaluru

3rd March, 2023

Read More

Top 5 Proptech start-ups in India

22nd Feb, 2023

Read More

Why Andheri is Mumbai's Hottest Location To Invest

17th Feb, 2023

Read More

The Ultimate Showdown - Navi Mumbai vs Mumbai

10th Feb, 2023

Read More

REITs VS Fractional Ownership – The Big Picture On How They Work

23rd Nov, 2022

Read More

Housing demand to rise during festive season – Propfynd finds out!

28th Sept, 2022

Read More

Tips to buy property in India

20th Sept, 2022

Read More

Which is better – Buying a house or renting a house in India.

15th Sept, 2022

Read More

There are several compelling reasons to invest in Maharashtra's tier II cities:

Affordable Housing - The demand for affordable housing in Mumbai and Pune is far outstripping the supply, making it challenging for developers to build affordable housing in these cities. By contrast, tier II cities like Nashik offer land parcels for development and are well-connected to employment hubs like Navi Mumbai and Thane.

Growing Business Hubs -Maharashtra's tier II cities are emerging as business hubs, with increasing interest from IT, ITES, and BPO sectors. The availability of congenial factors for setting up corporate infrastructure in cities like Nagpur and Nashik is drawing small investors and investment companies to these cities, creating demand for cost-effective office spaces and ultimately contributing to the growth of the residential real estate market.

Saturation in tier I cities - With high population density, cost of living, lack of green space, and traffic hassles in Mumbai and Pune, investors with limited budgets, NRIs, and retired end-customers are showing more interest in smaller cities with lower density.

Developing Industries - The Delhi-Mumbai Industrial Corridor project is expected to create lakhs of jobs in Maharashtra, particularly in the areas around the upcoming nodes, which will ultimately lead to an increase in demand for housing and commercial spaces.

Upcoming Infrastructure - The central government's initiatives, including metro rail and road widening projects, will also benefit the real estate prospects in Maharashtra's tier II cities, particularly those identified under the Smart Cities Mission such as Pimpri-Chinchwad, Nashik, Amravati, Solapur, Nagpur, and Aurangabad.

Three Tier-2 Cities in Maharashtra you can invest in –

Nashik - Nashik is one of the largest cities in Maharashtra, offering growing investment opportunities in residential and commercial properties due to the expanding industrial and IT hubs, including tech parks and SEZs. The city's real estate market is attracting investors looking for more economical and higher-yielding investment opportunities compared to the high costs and demand in Mumbai and Pune.

As the third most industrialized city in Maharashtra after Mumbai and Pune, Nashik is experiencing significant infrastructure development, including hospitals, shopping malls, hotels, and educational institutions. The city's residential market has grown significantly in the last decade, making it an ideal location for investment in newly launched properties.

Nashik has several developed landmarks –

Nagpur -Nagpur, the third largest city in Maharashtra, is rapidly becoming a popular investment destination due to its excellent transportation network, including an international airport and metro rail services, and high quality of life with ample employment opportunities, healthcare and transport options.

In recent years, there has been a surge in demand for both residential and commercial properties in Nagpur, with the realty sector providing the highest number of employment opportunities in India. While residential demand remains the main driver of the industry, other asset classes such as commercial offices, industrial and warehousing sheds, retail and hospitality are also contributing to the sector's growth.

Additionally, government initiatives like the Smart Cities Mission are playing a crucial role in making cities more sustainable and livable, encouraging buyers, occupiers, and investors to pay more attention to overall well-being.

Kolhapur - Kolhapur is a significant contributor to the commercial output of Maharashtra due to its multiple large-scale industries. With manufacturing, trade, and transportation being the largest contributors to its economy. This strong commercial presence provides endless opportunities for the commercial real estate sector in the city.

The iron and casting industry is a major sector in Kolhapur, and it also has a rich textile industry known for its unique artistic designs and production, with popular clothing brands like Raymond operating in the city. Additionally, Kolhapur is a hub for gold and silver jewelry production, with artistic pieces from the city having popular demand in India and around the world. Due to lots of carrier opportunities people also stared looking for Residential Properties.

People began looking for residential properties as a result of the abundance of job opportunities. Therefore, investing in Kolhapur's real estate market, particularly commercial properties, is a profitable idea due to its thriving business sector and opportunities.

Article authored by: Team Propfynd

Date: 28th February, 2023

Related Blogs

Why Kalyan Is Emerging As A Preferred Choice For Homebuyers?

19th March, 2024

Read More

The Impact Of The Mumbai Coastal Road Project On Real Estate In Mumbai

11th March, 2024

Read More

How is Andheri’s real estate market shaping up?

5th March, 2024

Read More

Why Thane West Should Be On Your List Of Top Locations For Real Estate Investment?

21st February, 2024

Read More

How is the real estate market shaping up in India?

12th January, 2024

Read More

The Influence Of Technology On Real Estate

5th January, 2024

Read More

How To Accumulate Wealth Through Real Estate?

4th December, 2023

Read More

Dubai Real Estate: A League of Its Own

6th October, 2023

Read More

Chandivali’s Thriving Real Estate Prospect

4th September, 2023

Read More

The Power of a Will and its many advantages

29th August, 2023

Read More

The Bright Prospects of Indian Real Estate 2023-2047

21st August, 2023

Read More

Exploring Ready-to-Move Comforts and Off-Plan Potential in Dubai

16th August, 2023

Read More

MahaRERA's QR Code August 2023 Implementation

10th August, 2023

Read More

India's Booming Real Estate Sector: Growth, Investments, and Infrastructure Expansion

7th August, 2023

Read More

The Significance of Sample Flats for Residential Properties

31st July, 2023

Read More

Hyderabad Real Estate: Unveiling the Rise of Newly Launched Homes and Shifting Buyer Preferences

24th July, 2023

Read More

Luxury Living: Why Now Is the Perfect Time to Invest in Goa

19th July, 2023

Read More

Kalyan Real Estate: A Gateway to a Smart and Thriving Future

14th July, 2023

Read More

The Hidden Costs of Apartment Buying in India: A Buyer's Guide to Informed Purchases

12th July, 2023

Read More

Understanding Real Estate Jargon: Carpet Area, Built-up Area, and Super Built-up Area

7th July, 2023

Read More

Dubai's Office Rents Surge Higher Than London and New York, Indicating Market Recovery

5th July, 2023

Read More

Grade A Commercial Properties: India's Thriving Office Revolution

27th June, 2023

Read More

Buy your own home VS Choosing to rent

22nd June, 2023

Read More

Maharashtra RERA Implements QR Code System for Transparent Project Information

19th June, 2023

Read More

The Power of First-Floor Tenement

13th June, 2023

Read More

Real Estate Investment Igatpuri

8th June, 2023

Read More

Investment Options and Avenues in Real Estate

19th May, 2023

Read More

Lifestyle living in dubai

15th May, 2023

Read More

Positive Energy Vastu Items for Home Décor

11th May, 2023

Read More

How Technology is Revolutionizing the Indian Real Estate

28th April, 2023

Read More

Drones in Real Estate

25th April, 2023

Read More

The Rise of Pune's Commercial Real Estate Sector - Factors Driving The Growth

18th April, 2023

Read More

What Makes The Tier 2 & Tier 3 Cities Good Places To Invest In

13th April, 2023

Read More

Navi Mumbai Metro Line 1 – The Real Estate Opportunity

7th April, 2023

Read More

The Rising Demand for Housing in IT hub of Navi Mumbai's

6th April, 2023

Read More

Top Reasons that Drive NRI Investment in the Indian Real Estate Market

31st March, 2023

Read More

Gurugram & Noida - The two most promising investment destinations in the NCR

29th March, 2023

Read More

Top Emerging locations of Bengaluru

24th March, 2023

Read More

Women Empowering the Real Estate Market - Discounts and Benefits from Home Loans

21st March, 2023

Read More

Travel from Thane to Dombivli Under 20 Mins - The Benefits of Motagaon-Mankoli Creek Bridge

17th March, 2023

Read More

Top Reasons to Invest in Dubai's Real Estate Market

10th March, 2023

Read More

Pros of Investing In Real Estate in Top Cities In India

9th March, 2023

Read More

Key Drivers of Real Estate Market Growth in Bengaluru

3rd March, 2023

Read More

Top 5 Proptech start-ups in India

22nd Feb, 2023

Read More

Why Andheri is Mumbai's Hottest Location To Invest

17th Feb, 2023

Read More

The Ultimate Showdown - Navi Mumbai vs Mumbai

10th Feb, 2023

Read More

REITs VS Fractional Ownership – The Big Picture On How They Work

23rd Nov, 2022

Read More

Housing demand to rise during festive season – Propfynd finds out!

28th Sept, 2022

Read More

Tips to buy property in India

20th Sept, 2022

Read More

Which is better – Buying a house or renting a house in India.

15th Sept, 2022

Read More

All rights are reserved | Copyright © 2023 PropFynd | Regenti InfoTech Pvt. Ltd. Powered By

X

Mon

27 May

Tue

28 May

Wed

29 May

Thu

30 May

Fri

31 May

Sat

01 Jun

Sun

02 Jun

Mon

03 Jun

Tue

04 Jun

Wed

05 Jun

Thu

06 Jun

09:00

AM (IST)

09:30

AM (IST)

10:00

AM (IST)

10:30

AM (IST)

11:00

AM (IST)

11:30

AM (IST)

12:00

PM (IST)

12:30

PM (IST)

01:00

PM (IST)

01:30

PM (IST)

02:00

PM (IST)

02:30

PM (IST)

03:00

PM (IST)

03:30

PM (IST)

04:00

PM (IST)

04:30

PM (IST)

05:00

PM (IST)

05:30

PM (IST)

06:00

PM (IST)

Enquiry Now