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INFRA GROWTH TO BOOST TIER 2 & 3 CITIES REAL ESTATE

Sanjay Kumar Sinha, Founder and Managing Director, Chaitanya Projects Consultancy shares that infrastructure development allows businesses to thrive beyond metropolitan areas.

BY Realty Plus
Published - Monday, 30 Sep, 2024
INFRA GROWTH TO BOOST TIER 2 & 3 CITIES REAL ESTATE

The expansion of infrastructure, notably roads and expressways, has significantly improved connectivity and fueled real estate growth in Tier 2 and 3 cities creating vibrant commercial and residential hubs. This development allows businesses to thrive beyond metropolitan areas, crucial for achieving India’s Viksit Bharat goal.

The government’s initiatives, including enhanced road networks, new airports under the UDAN-RCS, and the Urban Infrastructure Development Fund (UIDF) with Rs 10,000 crore allocated annually, are noteworthy strides. Chaitanya Projects Consultancy remains steadfast in our commitment to contributing to the nation’s infrastructure journey, focusing on excellence and innovation to foster economic prosperity and transform communities nationwide.

As infrastructure improvements continue across cities, the potential for home and household market expansion remains robust, positioning India as a key player in the global real estate and home goods sectors.

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