Property prices increases with new infrastructure project
The property values in and around Panvel, Kharghar, Ulwe, southern parts of Navi Mumbai and Mumbai’s eastern corridor has been increased considerably after the announcement of the construction of an international airport in Navi Mumbai.
It is a fact that a scheduled infrastructure project leads to an increase in the value of property in its surroundings.
There are lots of instances where the property prices have increased by 50-70% after the announcement of an infrastructure initiative till it becomes operational.
The same incidents happen after the announcement of extension of Delhi metro up to Gurgaon. That leads to an increased price in the cost of residential apartments in Gurgaon.
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Investment in civic projects is not adequate to support construction in Mumbai
1.5 Lakh ready flats in Gurgaon will be available by 2015
Source: Economic Times
extension of Delhi metro, infrastructure initiative, infrastructure project, international airport in Navi Mumbai, Property Prices, property values, Real estate in Gurgaon, real estate in navi mumbai, residential apartments in Gurgaon
[...] Property prices increases with new infrastructure project [...]
[...] Property prices increases with new infrastructure project [...]
[...] Property prices increases with new infrastructure project [...]
[...] Property prices increases with new infrastructure project [...]
[...] Property prices increases with new infrastructure project [...]
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