The boom in India’s growing economy makes the metros or the Tier I cities virtually saturated.
They are becoming increasingly expensive- in all aspects of life and business. As they are becoming congested, many organisations are actively seeking to grow in Tier II and Tier III cities.

Recent trends show that due to lack of infrastructure and exorbitant property prices in the existing metros, the IT, ITES and the BPO companies are vying for smaller cities where they are promised better infrastructure, state-of-the-art office spaces and also skilled manpower. A careful study of these Tier III cities reveals the close proximity of these cities, to the most happening cities of India like Delhi, Mumbai, Bangalore to name a few. Thereby, it will be no mistake if they are called the extension cities of the booming metros.

Now it is the turn of the Tier III cities or the smaller cities like Jaipur, Ghaziabad, Kochi, etc. to make it big into the realty business as the government and the corporate sector target them as ‘India’s Next Destination Cities’.

Data from Nasscom shows software exports from tier II and III cities in India have grown dramatically from a mere 5% a couple years ago to 15-18 % now. It’s expected to go up to 25-30 % by 2010. What’s more, these new hotspots are expected to employ 30% of the projected strength of 850,000 IT professionals and 1.4 million ITeS professionals by 2010.