News > Reverse migration can spur housing demand in tier 2 and 3 cities post COVID-19: ANAROCK report

Reverse migration can spur housing demand in tier 2 and 3 cities post COVID-19: ANAROCK report

One significant trend may be reverse migration spurring housing demand in Tier 2 & 3 cities, says the ANAROCK report 'India Real Estate: A Different World Post COVID-19'. ANAROCK's recent consumer survey taken during the lockdown period indicates that of the respondents who preferred to invest in Tier 2 & 3 cities in 2020, 61% are end-users and almost 55% are aged under 35 years. Cities like Lucknow, Indore, Chandigarh, Kochi, Coimbatore, Jaipur and Ahmedabad would be the main beneficiaries of the reverse migration of professionals who have lost their jobs in the metros