Bangalore: A recent study revealed that highways contributed tremendously towards the development of real estate in a particular location. With the rapid growth of civic infrastructure, real estate is exhibiting an upward trend. Highways reflect interconnectivity between different locations. This connectivity is a boon as far as real estate is concerned. Highways for the major part of any infrastructure. Industrial and commercial development is strongly influenced by infrastructure development. Quality projects usually come up in areas where the infrastructure is good enough to cater to the needs of consumers. In that case real estate will also grow along with the development of infrastructure.
Highways have become the best illustration of infrastructure oriented real estate development. Well connected highways facilitate rapid growth of infrastructure. Highways ensure quick transportation and connectivity to prime locations. Also the revenue from the highway Toll Gates form a significant part of the Government’s financial pool.
Highways have become primary undertakings of the private sector. With more and more highways coming up across the nation, real estate is sure to flourish and grow steadily towards development.