One may loose on the appreciation that would have happened as real estate depends on such developments. More end users invest in properties, based on such infrastructure projects. One may loose on the appreciation that would have happened as real estate depends on such developments. More end users invest in properties, based on such infrastructure projects.
Hi Jay. As per my knowledge, It is an unquestionable fact that a proposed infrastructure project tends to push up the property values. This is because the infrastructure project becomes the USP for the developers or property owners and buyers. It would be good to invest in a location where the infrastructure project is coming up as the property prices will see appreciation.
Yes Rajesh I agreed with you. But in my point of view, one should invest in the project at an early stage i.e phase 1 of the project. Infrastructure that enhances the connectivity impacts the property values the most, for example if there is a metro station, the price should appreciate by a minimum 10 per cent as compared to your neighborhood price.