How Meghraj Singh Royal Views Tier 2 Cities as the Future of Commercial Real Estate
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How Meghraj Singh Royal Views Tier 2 Cities as the Future of Commercial Real Estate
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As metropolitan areas reach saturation, tier 2 cities are emerging as the new frontier for commercial real estate. Cities like Jaipur, Indore, and Coimbatore are seeing a surge in investments thanks to affordable land and improving infrastructure. Meghraj Singh Royal, a prominent name in the real estate industry, underscores that businesses are increasingly drawn to these regions due to better connectivity, favorable policies, and a growing customer base driven by rising disposable incomes.
According to JLL India, 44.4% of the total land acquired for real estate over the past 22 months has been in tier 2 and tier 3 cities. Meghraj Singh Royal notes, “These cities offer a rare combination of untapped potential and government support, making them attractive for investors and developers alike.” Despite challenges like financing and talent acquisition, the opportunities outweigh the risks, with these cities positioning themselves as economic growth hubs.
Read more: https://hashnode.com/@meghrajsinghroyal