Kochi top real estate destination among 19 Tier-II cities in India

Kochi has topped the list of best real estate destinations among 19 Tier-II cities in India on the back of robust housing demand and better project execution, according to a report.

The study by PropEquity also found that the total market size of the 19 tier II cities in terms of annual sales stood at Rs 32,600 crore, which is 20% of the total market size of 14 tier I cities.

Gurgaon-based PropEquity, an online subscription based real estate data and analytics platform, said the rankings are based on 10 key parameters including price, supply, sales, unsold inventory, and new launch trends. 

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