The Tier Two Trap: How Karnal's Real Estate Boom Is Masking a Bigger Problem The recent surge in real estate investment in Karnal, a tier two city in North India, has sparked excitement among developers and investors.
However, beneath this boom lies a more complex story that raises questions about the sustainability of growth in smaller cities.
India's real estate sector is growing at an unprecedented rate, driven by favorable macroeconomic conditions and positive market sentiment.