Why Is Raipur The Real Estate Capital of India?
Real Estate Capital of India – Raipur, the capital of the Chhattisgarh has been in the power list of attention for only two decades but in that particular time, the city has earned quite a good reputation in terms of real estate and development.It is now well and truly seen as an investment hub and rightfully so. Not just the monetary regime, it can also be deemed as a land of opportunities for those looking to invest in some credible real estate locations.
Let’s take a look at some of the reasons why this is happening:
1) Geographical Importance:- The geographical location of Raipur is indeed one of the reasons why it has become the real estate capital of India. It is a significant city of the nation because of the fact that the land north to the city seamlessly merges with the prestigious Mahanadi River (the river duly flows in the South-East direction) and the Chhota Plateau area.Plus, the city’s located near the centre of the country, thus making it equally accessible from all parts of the country. Moreover, ports like Kolkata and Bhubaneshwar are just close enough to catalyse the industrial pace of the city.
2) Gradual Moulding:- With modernisation and globalisation already in effect in Raipur, the city is slowly transforming itself into a great modern city with amazing facilities that are far better maintained than any other metro city of India.
3) Maintenance of Infrastructure:- Infrastructure is everywhere, but there’s no value to it if no one is actually maintaining it. One of the key reasons why Raipur is increasingly becoming popular is that the government has laid out amazing plans for maintenance of city infrastructure, thus increasing the physical and monetary value of the city.
4) Transport Connectivity:- The transport system of Raipur is very well maintained with efficient systems and networks to allow the residents to travel with ease and comfort yet, paying the normal cost.
5) Planning and Area:- The city is very well planned and the government hasn’t allowed the people to take up unnecessary space and cover extra lands without permission.
6) Low Population Density and Effective Working Regime:- Real estate cannot work properly in a profitable manner in a city which is overcrowded by default. Simple rules of economics; for more demand and less supply, the price goes high. Excessive prices are the reason why Delhi and Mumbai are so expensive in terms of property. But that isn’t really the case with Raipur.
7) Industrial Factors and Capital inflow:- With so many industries and important steel mines located in the vicinity of Raipur, the city is increasingly becoming a hub of marketing and corporate management.
With an amazing vibe that the city radiates, combined with the industrial and economic benefits thrown into the mix together with the serene history and urbane methodology of the infrastructure; covered with its geographical location and popularity along with its scope of a far brighter future, everything just falls into place and gives rise to the argument – ‘Raipur: The real estate capital of India’.
Let’s take a look at some of the reasons why this is happening:
1) Geographical Importance:- The geographical location of Raipur is indeed one of the reasons why it has become the real estate capital of India. It is a significant city of the nation because of the fact that the land north to the city seamlessly merges with the prestigious Mahanadi River (the river duly flows in the South-East direction) and the Chhota Plateau area.Plus, the city’s located near the centre of the country, thus making it equally accessible from all parts of the country. Moreover, ports like Kolkata and Bhubaneshwar are just close enough to catalyse the industrial pace of the city.
2) Gradual Moulding:- With modernisation and globalisation already in effect in Raipur, the city is slowly transforming itself into a great modern city with amazing facilities that are far better maintained than any other metro city of India.
3) Maintenance of Infrastructure:- Infrastructure is everywhere, but there’s no value to it if no one is actually maintaining it. One of the key reasons why Raipur is increasingly becoming popular is that the government has laid out amazing plans for maintenance of city infrastructure, thus increasing the physical and monetary value of the city.
4) Transport Connectivity:- The transport system of Raipur is very well maintained with efficient systems and networks to allow the residents to travel with ease and comfort yet, paying the normal cost.
5) Planning and Area:- The city is very well planned and the government hasn’t allowed the people to take up unnecessary space and cover extra lands without permission.
6) Low Population Density and Effective Working Regime:- Real estate cannot work properly in a profitable manner in a city which is overcrowded by default. Simple rules of economics; for more demand and less supply, the price goes high. Excessive prices are the reason why Delhi and Mumbai are so expensive in terms of property. But that isn’t really the case with Raipur.
7) Industrial Factors and Capital inflow:- With so many industries and important steel mines located in the vicinity of Raipur, the city is increasingly becoming a hub of marketing and corporate management.
With an amazing vibe that the city radiates, combined with the industrial and economic benefits thrown into the mix together with the serene history and urbane methodology of the infrastructure; covered with its geographical location and popularity along with its scope of a far brighter future, everything just falls into place and gives rise to the argument – ‘Raipur: The real estate capital of India’.
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