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14m > News > General Construction > How infrastructure push will impact real estate sector

How infrastructure push will impact real estate sector

  • Posted by: realestate-14m
  • Category: General Construction, Uncategorized

Infrastructure is a key driver of the economy of a country and is known to play a pivotal role in determining the value of properties in any particular region. Lack of road, rail or air connectivity to any particular region results in lower property rates there as compared to areas having good physical infrastructure. And infrastructure is limited not only to connectivity alone, whose existence though is a necessary precondition for development of other kinds of civic amenities.

Demand, and hence price, of real estate is directly proportional to the distance of the location from areas providing jobs, industrialisation and civic amenities.

Read More:

https://www.financialexpress.com/money/how-infrastructure-push-will-impact-real-estate-sector/1872802/

Author: realestate-14m