Reverse Migration Can Spur Housing Demand in Tier 2 & 3 Cities Post COVID-19

Reverse Migration Can Spur Housing Demand in Tier 2 & 3 Cities Post COVID-19

Reverse Migration Can Spur Housing Demand in Tier 2 & 3 Cities Post COVID-19

Currently, the top 7 cities account for almost 70% of India's residential market, with the remaining 30% accounted for in Tier 2 & 3 cities. This ratio may well change in times to come. Cities like Lucknow, Indore, Chandigarh, Kochi, Coimbatore, Jaipur and Ahmedabad would be the main beneficiaries of the reverse migration of professionals who have lost their jobs in the metros or are likely to.

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