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Home > Forum > Gurgaon > Other > Infrastructural project costs

Infrastructural project costs

Q: Why the infrastructural projects increases the cost of the real estate projects in the area?

gurgaon
infrastructural project
increase costs
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Replies (5)
1
Even it happened in Bangalore, when the international airport was announced, the prices of nearby lands increased highly.
ganesh


2
Hi NAaz, it's true that prices increased in these areas and also there are lots of other instances where the property prices have increased by 50-70% after the announcement of an infrastructure initiative till it becomes operational.
rajesh.sing2


3
Hi guys... It's observed that 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.
Naaz


4
It will help in improving the lifestyle of that area. That is the reason behind the increasing cost of the real estate properties around any infrastructure project area.
rajesh


5
The main infrastructure projects become the center of attraction of many investors.
debashish


6

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