Real Estate Developers Expanding to Panipat, Ludhiana, Nagpur and Other Cities
Indian real estate developers are now expanding into Tier 2 and 3 cities to launch new projects. The trend is particularly prominent in northern and western India, with Panipat, Ludhiana, Nagpur, and Panchkula accounting for 75% of the total acquired land in these cities. Between January 2022 and October 2023, real estate developers acquired roughly…