Report | Future Cities

The Office Sector's Ascent: Tier-II Cities on the Horizon

January 29, 2024 10 Minute Read

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India’s Tier-II cities are fast emerging as the next growth frontier for the office sector. Fuelled by the reverse migration during the pandemic, these cities have developed into vibrant hubs for service-based growth, attracting both domestic and global companies.

 

These emerging centres, armed with a growing talent pool, competitive real estate costs and enhanced infrastructure, offer a compelling proposition for businesses - invigorating local economies and fostering a more distributed and inclusive national growth model.

 

Tier-II cities are gradually emerging as hubs for technology talent, buttressed by higher educational institutions and professional institutes. Flexible workspace providers are also flocking to these cities, offering diverse options for start-ups and established firms, capitalizing on the burgeoning demand for adaptable work environments.

 

To dig deeper into our analysis of the growing office sector in India’s tier-II cities, please click the download button.