"Why is Reliance using just 100,000 sq ft of its three-acre land in Jalandhar for retail and leasing out the rest?" asks Devna Vora and finds out the answer in her story "Realtors play safe in tier-II towns" on NDTV PROFIT.
"Quite a different song to what was being sung a year ago!" says Devna Vora!
Do you want to know what song?
"Tier-II retail growth will overtake major metros!"
The good news is these mixed development models are more likely to succeed.
But what about big retail revolution in Ludhiana, Bhubhaneshwar, Lucknow, Cochin, Pune and in all tier II cities of India?
Wait for the next in depth research report from some international real estate consultant!
Pune real estate Jalandhar real estate Ludhiana real estate Bhubhaneshwar real estate Lucknow real estate Cochin real estate tier II cities in India retail retail real estate retail real estate India mixed development office space hotel residential growth realty Realtors reality overestimate ravi karandeekar international real estate consultants international real estate consultants in India research report real estate