3 weeks ago

Why 40- and 50-Storey Towers Are Rising in Tier-2 Cities

Why 40- and 50-Storey Towers Are Rising in Tier-2 Cities
Beyond Mumbai: Why 40- And 50-Storey Towers Are Suddenly Rising Across Tier-2 Cities; Can Infrastructure Keep Up? · news18.com

In India, the biggest cities like Mumbai have lots of very tall buildings.

Now smaller cities, called Tier-2 cities, are starting to build tall towers too — some with 40 or even 50 floors.

One of these cities is Nashik, which is famous for its vineyards, temples and small family homes.

Nashik is getting ready for a huge festival called the Kumbh Mela in 2027, and builders are racing to put up tower blocks.

Builders say they build upwards because land in the middle of the city has become expensive, and tall buildings can fit many more families.

Homebuyers also want gated communities with swimming pools, gyms and playgrounds, like the ones found in huge cities.

But tall buildings need a lot of water, electricity, roads and parking, and firefighters need special equipment to reach high floors.

Many people worry that the city's pipes, roads and power lines are not ready for so many tall towers.

Planners call these fancy towers 'vertical islands' because the services around them cannot fully support them.

The article says India's future depends not just on how tall buildings get, but on whether cities are ready for them.

Key facts

Nashik tower heights
40-50 storeys; buildings up to 124 metres can be approved under Maharashtra's UDCPR
Nashik property registrations (2025-26)
Record Rs 17,543 crore
Nashik property base
Roughly 3.8 lakh (2014-15) to nearly 6 lakh today, up about 57%
Tier-2 residential demand growth (2026)
Projected 28-32%
Tier-2 rental yields
Climbed from 2.8% to as high as 4.2%
India high-rise construction market
~$241.5 billion (2025), projected to reach $491.1 billion by 2034 (7.96% CAGR)
Union Budget 2026-27 Tier-2/3 infrastructure
Rs 12.2 lakh crore earmarked
Projected urban population by 2030
Over 600 million (UN-Habitat projection)

Sources

Related news