Dear forum members,

Can any buddy tell me what are TierI, II and III cities in India? and what is the criteria to define them?
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  • TierI, II and III cities

    Tier I cities:
    Bangalore, Mumbai and NCR
    Characterstics:
    *Fairly well established real estate market
    *Demand drivers quite pronounced

    Tier II cities:
    Hyderabad, Pune, Chennai and Kolkata
    Characterstics:
    *Growing real estate markets
    *Experiencing heightened demand and investments

    Tier III cities:
    Chandigarh, Ludhiana, Lucknow, Guwahati, Bhubaneswar, Jaipur, Ahmedabad, Surat, Nagpur, Indore, Goa, Vishakapatnam, Mysore, Coimbatore, Kochi, Vijaywada, Mangalore, Trivandrum and Baroda
    Characterstics:
    *Real estate markets yet to establish
    *Perceived to have substantial potential demand
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