India's booming economy and urbanization are shifting focus to Tier 2 and Tier 3 cities, now emerging as growth hubs with affordable housing, improved quality of life, and rising investments. Backed by better infrastructure & government support, these cities are set to usher a real estate revolution

Incuspaze is gearing up for a public listing with a $25M pre-IPO round and plans to invest ₹100 crore to expand across Delhi-NCR, Pune, Bengaluru, and Hyderabad, capitalizing on India’s booming demand for flex spaces.

By 2047, Viksit Bharat aims to raise 1.5 billion Indians' average income to that of affluent countries. Indian urban population is expected to rise from 34% in 2018 to 40% by 2030, while rural population is expected to decline. Promoting urban-rural synergy to support economic development is crucial

Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

According to a report by the Confederation of Indian Industry (CII) and Knight Frank, Global Capability Centres (GCCs), flexible and co-working spaces, and the IT sector will drive office space demand in India to 1.7 billion square feet by 2030.

PropShare, India's biggest commercial real estate digital platform, aims to grow its Asset Under Management (AUM) to over Rs 1,000 crore in storage assets. The warehouse market's current growth, reminiscent of the early 2000s office space bubble, prompts the business to buy assets across India.