Realty Rates in Dwarka and Gurgaon perks up
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As per the sources available to www.propertykhazana.com, UPA President Sonia Gandhi has put down the base stone for the renovation of the Delhi Airport last Saturday and the orb has been rolling for the first modern, global molded airport in the country. However, realty prices are also rounding, as per to the specialists 10-15% hike in prices has already been registered in areas near the airports like Dwarka, Udyog Vihar and DLF Phase II & III in Gurgaon. “In India connectivity is a main issue and construction of a flyover results in the increase of the rates of the nearby realty. An airport which is going to be the primary global molded in India is a big news and actually, apart from Gurgaon and Dwarka the hike in land prices has now ongoing at farmhouse colonies like Westend Greens, Vasant Vihar, Pushpanjali and in Shanti Niketan off South Delhi,” said Local realtor Vikram Chopra. Property dealer Vinod Sindhu speaking to the www.propertykhazana.com said that, “Airport renovation has become an outlook of the locality and has become a selling point for realty developers and dealers similarly. People’s view is changing accordingly and most of them particularly foreigners prefer to live close to the airports.”
Claimed sources to www.propertykhazana.com says, it’s not just because of the Delhi airport there is a hike in real estate price. This is more famous in cities like Singapore and Dubai which is also a journey points for tourists apart from being big tourist aims. Both cities saw a major leap in the realty around its high-tech airports to 20-25% due to the economic explosion that the city’s experienced after the renovation of their sea ports and airports. “Airports constantly will have a twist effect on the nearby realty on commercial due to the connection that industries like logistics and tourism have with it,” says Deepak Bhavsar of Trammel Crow Meghraj property Consultants.
Source: NIMMA BENGALURU
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