Tier 1 or Tier 2 – Which One is a Better Option for Investment_

1. Add to Compare (https://timesproperty.com/) Home (https://timesproperty.com/) >  News (https://timesproperty.com/news/ ) >  Home Buyers Guide (https://timesproperty.com/news/category/home-buyers-guide-uid) >  Tier 1 or Tier 2 – Which One is a Better Option for Investment? >  Download PDF More News Inside Shilpa Shetty’s house (https://time shilpa-shett Everything you need to know about the big bull and his home (https://tim mehta-s- Cost Of Living In India (https://timesprop of-living-in-india- Tips For Dhanteras Laxmi Puja At Home (https://times for-dhanteras blid2249)

2. Tier 1 or Tier 2 – Which One is a Better Option for Investment? (mailto:?subject=I wanted you to see this site&body=Check out this site https://timesproperty.com/news/post/tier- 1-or-tier-2-which-is-better-for- investment-blid2200 title=Check out this project) blid2200)   Cost Of Living In Mumbai Add to Compare (https://timespr of-living-in-mu (https://timesproperty.com/) (https://www.facebook.com/sharer/sharer u=https://timesproperty.com/news/post/t or-tier-2-which-is-better-for-investment 1-or-tier-2-which-is-better-for-inv blid2200) blid2200) (https://www.linkedin.com/shareAr url=https://timesproperty.com/new  1-or-tier-2-which-is-better-fo (https://api.whatsapp.com/sen text=https://timesproperty.com  (https://twitter.com/share? url=https://timesproperty.com/news/post/tier-   Share this Story blid2200) 1-or-tier-2-which-is-better-for-investment- By : Times Property| 18 May, 2022  Tier 1 cities have been a hot favourite among property investors in India for quite a while now. And the reasons are many – well-developed infrastructure, job opportunities, everyday facilities and so on. However, these days, many people are purchasing properties in tier 2 cities as well. What is the reason behind this shift? Is it wise to stick to tier 1 cities when it comes to real estate investment in India or should you explore tier 2 cities too? Tier 1 Vs tier 2 – which is a better option? If these questions have been haunting you for a while and delaying your investment decision, then this piece of writing is a must read for you. 

3. In this article, we have shared the various pros and cons related to investing in tier 1 as well as tier 2 cities in an attempt to help you figure out which one is better suited as Add to Compare (https://timesproperty.com/) per your budget, future endeavours and overall requirement. Read on to get more clarity.    Cost Of Living In Mumbai Mumbai is renowned to be one of the fastest developing cities in India. The financial and business hub of the country attracts crowds from all over the nation from all spheres of life. The state capital has many premium institutes and universities thus offering wide exposure to the youth and high scope of development for the youth. Besides that, it... (https://timesproperty.com/news/post/cost-of-living-in-mumbai-blid2248) <h2>Understanding the Difference between Tier 1, Tier 2 and Tier 3 Cities</h2> 

4. Before we explore whether it is better to buy property in a tier 1 city or a tier 2 city, let us take a closer look at the difference between these two types of cities as well as the third type, which is the tier 3 city category.  Add to Compare (https://timesproperty.com/) <h3>Tier 1 Cities</h3> – These cities are properly developed and occupied largely by an educated urban population. They have good infrastructure, well- constructed roads and are dotted with all the necessary amenities required for a comfortable living. They encompass excellent educational institutions, great healthcare facilities, flourishing businesses and are a hub for multinational companies. The properties here are quite expensive not only because these places are well- developed and offer opportunities for professional growth, but also because many people from tier 2 and tier 3 cities as well as villages are migrating to these places rapidly.  <h3>Tier 2 Cities</h3> – If you are not sure about Tier 2 city meaning, it refers to a city?that is still in its developmental stage. Such cities have resources and are using them to grow and develop into smart cities that have the potential to offer a good lifestyle. They are strengthening their education and healthcare system as

5. well as their infrastructure. The property rates in these cities are comparatively lower but are likely to rise in the years to come.  Add to Compare (https://timesproperty.com/) <h3>Tier 3 Cities</h3> – These cities are not developed properly and progressing at a slow pace. They lack good healthcare facilities and education and have a poor infrastructure. The property rates here are low and are likely to remain so because of lack of facilities in these areas.    <h2>How Many Types of Cities are there in India Tier- wise? </h2>  The Indian Government has broadly divided Indian cities into three categories. Here is a look at the names of some of the popular Indian cities and the category they belong to.  Tier 1 Cities – There are eight tier 1 cities in India. These include Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Ahmedabad and Pune.  Tier 2 Cities –There are over 100 tier-2 cities in India. Some of the top tier 2 cities in the country include Chandigarh, Vishakhapatnam, Lucknow, Nagpur,