It is in the context that many people are concentrating to buy property in India in tier-II cities in view of the future expected expansions and developments. But it will not be out of place to mention here that to buy property in India in tier-II cities may not fetch equivalent returns like main metro cities. The fact remains that pressure to buy property in tier-II cities does not match the same in metros which outstrips the tier-II cities on several counts. One of the main reasons is that whereas tier-II investments attracts the middle class or lower middle class due to cheaper rates, the metro cities attracts upper middle class and upper class to buy property in India.
Monday, May 21, 2007
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