‘Shadow Cities’

Virtual residential demand in ‘Shadow Cities’

Virtual residential demand in ‘Shadow Cities’

Housing demand, which hitherto has remained dominant in the top 8 cities of India, is gaining momentum in Tier II & Tier III or 'shadow cities’ with the trend becoming more prominent post the nationwide lockdown according to Housing.com. As per the Think Piece titled 'Time for Internal Globalisation - Small Cities Setting the Tone for Revival', the online platform observed a surge in virtual residential demand from 'shadow cities' (Tier II & III cities). The recently launched Virtual Residential Demand Index states that the demand from small cities had been increasing steadily but saw a significant spike in August…
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