123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

Know About Tier Cities And Their Classifications

Profile Picture
By Author: Anusha Rana
Total Articles: 75
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The government divides tier cities in India into tiers I, II, III, and IV based on several characteristics, including population. To implement various social and economic plans as well as taxes determination. The development of market expansion and other strategic initiatives for business is facilitated by such categorization. The definitions of these classifications, the cities mentioned under various categories, and other topics are covered on this page.
Regarding the categorization of cities, there are two schools of thinking. One divides them into urban, rural, and semi-urban geographies, while the other divides them according to their population and commercial activity. Here's a closer look at how Indian cities are divided into Tier I and Tier II:

What are Tier-I Cities?
The Reserve Bank of India (RBI) categorizes the population of tier 1 cities in India as 1 lakh or more as of the 2001 census. These cities have well-established commercial districts, civic and social facilities, and real estate markets. Their real estate markets are the most expensive in the nation.

Sl No
Tier-I cities
...
... 1
Bangalore
2
Delhi
3
Chennai
4
Hyderabad
5
Mumbai
6
Pune
7
Kolkata
8
Ahmedabad


What are Tier-II cities?
Tier 2 city in India is those with rapidly expanding or developing real estate markets. These are cities with steadily growing infrastructure and investments that have not yet reached their peak levels. With sustained growth, real estate prices typically increase in these markets. Compared to Tier I cities, they are less expensive. According to the RBI's classification, Tier-II cities are those with a population of 50,000–99,999

Sl No
Tier-II cities
1
Amritsar
2
Bhopal
3
Bhubaneswar
4
Chandigarh
5
Faridabad
6
Ghaziabad
7
Jamshedpur
8
Jaipur
9
Kochi
10
Lucknow
11
Nagpur
12
Patna
13
Raipur
14
Surat
15
Visakhapatnam
16
Agra
17
Ajmer
18
Kanpur
19
Mysuru
20
Srinagar


What are Tier-III cities?

According to the RBI classification, tier-III cities are those with a population between 20,000 and 49,999. On the other hand, they are cities with underdeveloped or non-existent commercial and residential real estate markets. For future expansion, they need more excellent infrastructure and investments.
List of Tier 3 Cities in India

The Tier-IIL cities in India are as follows:

Sl No
Tier-III cities
1
Etawah
2
Roorkee
3
Rajahmundry
4
Bhatinda
5
Hajipur
6
Rohtak
7
Hosur
8
Gandhinagar
9
Junagadh
10
Udaipur

What are Tier-IV cities?

The population of Tier-IV cities ranges from 10,000 to 19,999. They are either cities or small villages that demand significant infrastructural expenditures. Additionally, they barely engage in real estate and business.

List of Tier 4 Cities in India
The Tier-IV cities in India are as follows:

Sl No
Tier-IV cities
1
Banswara
2
Bhadreswar
3
Chilakaluripet
4
Datia
5
Gangtok
6
Kalyani
7
Kapurthala
8
Kasganj
9
Nagda
10
Sujangarh

More About the Author

Anusha Rana is a real estate consultant at HonestBroker. Her work mainly focuses on giving the right advice to the buyer and Seller's and how she can improve the growth of real estate in current situation.

Total Views: 516Word Count: 352See All articles From Author

Add Comment

Real Estate and Foreclosure Articles

1. How Prateek Group Designs Better Living Experiences In A 3 Bhk Home In Delhi
Author: aman khan

2. A Complete Guide To Choosing The Right Retirement Community For A Better Future
Author: Kuldeep Yadav

3. A Complete Guide For Expats Purchasing Property In Malta
Author: Malta Luxury Homes

4. Why Villas Near Electronic City Are Becoming The Top Choice For Bengaluru Homebuyers
Author: Vaigaa

5. Learning About Cost Segregation Through Expert Resources
Author: POC

6. Cost Segregation Study Benefits For Commercial Property Owners
Author: POC

7. Navigating Property Tax Appeals In Cook County For Better Outcomes
Author: POC

8. Lower Your Property Tax Relief In Will County
Author: POC

9. Building Construction Steel: The Foundation Of Strong, Safe, And Durable Structures
Author: saidivya

10. Why 2 Bhk Flats In New Delhi Are Becoming The Preferred Choice For Small Families
Author: aman khan

11. Buying Plots In Pali Raigad? Read This First
Author: joyvilla

12. Top Virtual Office Options In Mumbai To Consider For Your Business
Author: Nitin Dhankhar

13. Why A 4 Bhk In Noida Expressway Is The Right Choice For Growing Families
Author: aman khan

14. Rental Property For Investment In Hyderabad Builds Wealth Through Smart Investing
Author: Sensation Infracon

15. Best Flats In Noida Extension: A Complete Guide To Buying Your Dream Home Near Gaur City
Author: Lucky Home

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: