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Mumbai (Maharashtra) [India], March 18 (ANI/NewsReach): Real estate experts feel tier 2 cities are a beacon of hope for real estate. In 2023, tier 2 cities are expected to boom at a vibrant pace and good growth rate. An investment in real estate in a tier 2 city is immensely beneficial. It is precisely for this reason that tier 2 cities are slowly gaining prominence and becoming a priority. The perception of tier-2 cities has undergone a complete change. The notion that there is less development no longer holds true. The face of real estate has undergone a complete change with newer buildings coming up. They hype of tier 2 cities Tier 2 cities are gaining prominence amongst youth and the working class. Such change can be attributed to several factors: - Revival of mid-towns. - Rising infrastructure. These have played an essential role in the development of real estate in tier 2 cities. Most people prefer to live in towns like Indore and Pune due to better buildings with an optimum life

Madhya pradeshShravan guptaMumbai maharashtra indiaArch 18 ani newsreach real estate experts feel tier 2 cities area beacon of hope for in 2023Ier 2 cities are expected to boom ata vibrant pace and good growth rate an investment in real estate ina tier city is immensely beneficial it precisely for this reason that slowly gaining prominence becominga priority the perception of has undergonea complete change notion there less development no longer holds true face with newer buildings coming up they hype amongst youth working class such can be attributed several factors revival mid towns rising infrastructure these have played essential role most people prefer live like indore pune due better optimum lifestyle mgf shravan gupta feels will make citiesa market futureIn viewHere are many housing and commercial projects being developed for tier 2 cities it is going to bea real growth story in the coming months why hype one might wonder such over there certain facts which make this an optimum scenario work culture thinking have undergone tremendous change today most companies relocating mid level towns gives rise new investment opportunities changing viewNfrastructure playsa pivotal role the infrastructure factor of tier 2 cities has undergonea complete overhaul due to migration from metropolitan like delhi and mumbaiHere are newer residential constructions with features like clubhouses and shopping complexes it is costly to live in big towns hence the youth prefer invest tier 2 cities mgfHravan gupta feels this will lead to the development of work and boost image small towns today there is an abundant public transport system in tier 2 cities has led better facilities making ita favourable option amongst youth nri 39s wfh factor or remote working emerged asa game changer for real estate most companies are favour due changing culture made shifting easy workspace bigger housesa home with same budget seems be wise it becomes more when one looking long term investment as yieldsa return mgfHravan gupta is bullish about this trend the popularity factor houses in tier 2 cities are being developed at par with metropolitan gives youth and working class better options on same budget it works well favour of builders like mgfHravan gupta who are willing to make new homes in tier 2 cities area bridge for the future anda beacon of hope real estate sector mgfHravan gupta feels it will lead to boost in house sales such cities pave way for the new growth story called real estate this has been provided by newsreach ani not be responsible any content of article