{"id":224,"date":"2017-03-07T19:32:07","date_gmt":"2017-03-07T19:32:07","guid":{"rendered":"http:\/\/www.yeshdevelopers.com\/blog\/?p=224"},"modified":"2025-10-31T01:47:40","modified_gmt":"2025-10-31T01:47:40","slug":"tier-ii-cities-as-a-viable-investment-option-for-nris","status":"publish","type":"post","link":"https:\/\/www.yeshdevelopers.com\/blog\/tier-ii-cities-as-a-viable-investment-option-for-nris\/","title":{"rendered":"Tier-II cities as a viable investment option for NRIs"},"content":{"rendered":"
Tier-II cities\u00a0are better investment destinations due to higher potential for growth.\u00a0Residential real estate<\/a> prices in some of these tier II cities have seen a very good appreciation in the past few \u00a0years and is more likely to grow at a faster pace compared to the metros.\u00a0Modi Government’s smart city project is also have major role to play as if successfully implemented, it has the potential to transform many Tier-II towns into metros.\u00a0With improving infrastructure and more industries coming up in these cities, real estate market<\/a> will more likely to see an expansion.\u00a0While property<\/a> prices in metros are sluggish, Tier-II cities have seen a significant positive correction. For NRIs who \u00a0usually want to invest either for their families or to create an asset have very good possibility to invest in these non-metros Tier-II cities as they can use them if they decide to relocate to India in future.. With Indian economy growing smoothly the Tier II cities are likely to expand day by day as Tier-II cities grow much faster than metros and more economic activity and infrastructure developments happen there. Major government policy changes like Real Estate Bill<\/a> which is bringing much need transparency and credibility to the real estate sector will encourage more and more NRI investors to invest<\/a> without hesitation and worry.<\/div>\n
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