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Tier 2 and 3 Indian Cities: New Growth Engine for Motor Insurance • Over 90% of motor insurance policies and premiums during festive season came from tier 2 and 3 cities • Key factors driving growth:  - Increasing vehicle ownership  - Greater insurance awareness • Turtle mint (Insurtech platform) insights:  - 4 lakh+ motor insurance policies issued  - 2x increase in sales compared to last year  - 2.3x increase in total premium (Aug-Oct) • City-wise premium growth:  - Jaipur: 191%  - Indore: 31%  - Lucknow: 15% • Overall industry trends:  - Two-wheeler industry: 11-14% growth forecast for FY25  - October 2024: 14.2% increase in two-wheeler sales (21.64 lakh units)  - Passenger vehicle sales hit record 3.93 lakh units in October • Factors contributing to growth:  - Steady replacement demand  - Improved rural demand due to healthy monsoon  - Festival season discounts and offers Source: https://lnkd.in/efTM8DTm #MotorInsurance #InsurTech #IndianMarket #TierIICities #Insurance #VehicleInsurance #InsuranceIndia #InsuranceNews #NewsDaily #BasketOptionInsure

Jaipur Property Gets Costlier As DLC Rates Increase By 10 Per Cent The Rajasthan government has increased District Level Committee (DLC) rates by 10% for both residential and commercial properties in Jaipur, effective April 1, 2024. This hike will also raise registration and stamp duty charges. The DLC rates, determining the minimum property value for registration, vary by location, with C-Scheme and MI Road being the highest. The rise is attributed to budgetary needs and Jaipur's significant contribution to state revenue from stamp duty. Visit- http://rtechgroup.co.in #rtechgroup #commercial #developer #realestate #goodnews #buyer #rental #property #propertyinvestment #investors #demand #officespace #shops #lease #leasing #leaseproperty #jaipur #jaipurrdiaries #jaipurcity #jaipurjobs #jaipurhiring #rajasthan #RealEstate #IndiaTransformation #economicgrowth

Jaipur Property Gets Costlier As DLC Rates Increase By 10 Per Cent The Rajasthan government has increased District Level Committee (DLC) rates by 10% for both residential and commercial properties in Jaipur, effective April 1, 2024. This hike will also raise registration and stamp duty charges. The DLC rates, determining the minimum property value for registration, vary by location, with C-Scheme and MI Road being the highest. The rise is attributed to budgetary needs and Jaipur's significant contribution to state revenue from stamp duty. Visit- http://rtechgroup.co.in #rtechgroup #commercial #developer #realestate #goodnews #buyer #rental #property #propertyinvestment #investors #demand #officespace #shops #lease #leasing #leaseproperty #jaipur #jaipurrdiaries #jaipurcity #jaipurjobs #jaipurhiring #rajasthan #RealEstate #IndiaTransformation #economicgrowth

Chandigarh is now a heritage city, but is it still an attractive investment? Limited by boundaries and height restrictions, it’s losing its appeal. Yet, nearby areas like Mohali, Zirakpur, Kharar, and New Chandigarh are booming! Want to know why smart investors are shifting? Follow me! #realestate #investment #chandigarh #heritagecity #mohali #zirakpur #kharar #newchandigarh #propertyinvestment #wealthymindset

Rajasthan property market’s record streak continues with the best August ever Jaipur, the state’s largest and most expensive property market, continued its upward trajectory and record-setting spree by recording its best-ever August performance led by robust sales as well as stamp duty collection despite higher mortgage rates and a steady rise in property prices. August stood out, recording the highest growth in revenues compared to the rest of the year. The strong economic outlook and stable interest rates have kept homebuyer sentiments positive, fueling steady sales Visit- http://rtechgroup.co.in . . . #rtechgroup #commercial #developer #realestate #goodnews #buyer #rental #property #propertyinvestment #investors #demand #officespace #shops #lease #leasing #leaseproperty #jaipur #jaipurrdiaries #jaipurcity #jaipurjobs #jaipurhiring #rajasthan #RealEstate #IndiaTransformation #economicgrowth

News Alert! Indore proposes up to 100% hike in property rates across 49 areas #sampattirealtor #indore #buyorrent #officespace #realstateindore #propertyinvestor #vijaynagarindore #singaporebusinessPark #nrkbusinesspark #newsupdate

Why choose Prime Loans & Realty Nashik? Because we don’t just offer loans – we provide personalized financial guidance and expert real estate solutions that set you up for success. 🏡💼 Trust, transparency, and local expertise make us stand out. #PrimeLoansNashik #TrustedPartner #RealEstateSolutions #HomeLoanExperts #NashikRealEstate #Primeloansandrealtynashik

Bumper year for Rajasthan real estate as transactions soar to record high Rajasthan registered a record 1 million real estate transactions across market segments, an almost 17-cent jump on an annual basis, as the property market continues to strengthen amid robust economic momentum, according to the latest data. The overall number included real estate deals from investments, mortgages and sales transactions to rental contracts recorded last year. This marked an annual growth of 20 per cent in the value of deals and 36 per cent in the number of transactions. Visit- http://rtechgroup.co.in . . . #rtechgroup #commercial #developer #realestate #goodnews #buyer #rental #property #propertyinvestment #investors #demand #officespace #shops #lease #leasing #leaseproperty #jaipur #jaipurrdiaries #jaipurcity #jaipurjobs #jaipurhiring #rajasthan #RealEstate #IndiaTransformation #economicgrowth

Bumper year for Rajasthan real estate as transactions soar to record high Rajasthan registered a record 1 million real estate transactions across market segments, an almost 17-cent jump on an annual basis, as the property market continues to strengthen amid robust economic momentum, according to the latest data. The overall number included real estate deals from investments, mortgages and sales transactions to rental contracts recorded last year. This marked an annual growth of 20 per cent in the value of deals and 36 per cent in the number of transactions. Visit- http://rtechgroup.co.in #rtechgroup #commercial #developer #realestate #goodnews #buyer #rental #property #propertyinvestment #investors #demand #officespace #shops #lease #leasing #leaseproperty #jaipur #jaipurdiaries #jaipurcity #jaipurjobs #jaipurhiring #rajasthantourism #rajasthan #india #propertyhub #younger #indicateurs #luxury #projects

Understanding the importance of the sum insured is crucial for effective insurance coverage. CEO Ravi Tiwari sir is , here to break it down for you: The sum insured is the maximum amount your insurer will pay in case of a claim. It's essential to choose a sum that covers potential losses adequately. Properly ensuring yourself safeguards your future and provides peace of mind✨ 📍21,2nd Floor Metro Plaza Bittan Market, E5 Arera Colony, Bhopal For more information, call us at 7554854528 or visit our website (link in bio) [Claims Nidan , Ravi Tiwari ,Sum Insured] #ClaimsNidan #SumInsured #Insurance101 #FinancialSecurity #RaviTiwari #CEORaviTiwari #InsuranceTips #SecureYourFuture #CEOInsights #InsuranceKnowledge #SmartInsurance #ProtectYourAssets