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Metro proximity influence the property rates

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Metro rail project has played a vital role in making the mode of transportation easier, comfortable and safer. Apart from this knowingly or unknowingly it is becoming one of the most listed criteria in the field of realty to examine the prices of the properties. According to the sources collected on behalf of the www.propertykhazana.com areas near to the metro connectivity has shown better growth in rate as compared to that of the areas with no proximity to the metros. It is not only in the case of the national capital but almost in all the regions of metro project cities has the same story. The rate of the properties has just gone doubled after the announcement of the metro to the areas of munirika, lajpat nagar, vasant vihar, daula kuan etc, in the capital city. Apart from this metro proximity has also boosted the commercial set ups around these areas with in very short interval of time.
Now the first question in any residential dealing is the proximity to the metro stations. It puts a bigger impact on the customer as well as to the profit margin of the developer. So a major influence is on the way for all those locations to be covered under the metro project in coming days.
Source: NIMMA BENGALURU

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