December 4, 2024 4:35 PM

Religious tourism fuels residential boom in tier-2 cities: report

Tier-2 cities with a strong religious tourism appeal, including Prayagraj, Varanasi, Puri, and Shirdi, are witnessing a significant surge in residential demand, according to a report by Magicbricks. This growing interest is driven by a mix of self-use, investment, and rental opportunities, with these cities leveraging their cultural and spiritual significance to attract buyers. Prayagraj, home to the sacred confluence of rivers, recorded a remarkable 28% year-on-year (YoY) increase in demand, ...