An Authored Article by Kapil Malhotra – Principal Partner, Square Yards has been featured in HT Estate, Print Edition on November 10, 2018.
The article, titled ‘Is it boom time for non-metro markets?’ highlights “The real estate industry in the country is looking at a trillion-dollar opportunity in near term with a handsome contribution to come from non-metro locations. These smaller places are witnessing a revolution in terms of expansion of city limits with each morning seeing a bigger district than the previous night in almost all the states. The industry is growing at almost double the rate in these places than in metros. The massive untapped or partially-tapped potential of tier II and tier III cities has been noticed by the big developers only a few years ago and they are now lining up their projects to cater to the people in these cities who have adequate disposable income and are looking for opportunities to either invest or to move from parental property, which is mostly aged, into new and improved houses.”
