The Rapid Rail System is Expected to Increase Property Prices Along It's Route in Ghaziabad
The unveiling of a 17 km segment of the country's inaugural Regional Rapid Transit System (RRTS) between Sahibabad and Duhai Depot, scheduled for inauguration by Prime Minister Narendra Modi on October 20, has the potential to elevate real estate values along the Arihant Enclave Ghaziabad route this property in NH24 Ghaziabad . Industry experts suggest that residential areas such as Vasundhara, Vaishali, and Raj Nagar Extension have experienced a notable uptick in prices, rising by up to 19% since the announcement of the RRTS project three years ago. They anticipate further appreciation following the commencement of the rapid rail operations. However, the extent of price appreciation hinges on various factors, including the law and order situation in the region, last-mile connectivity, and the availability of civic amenities. The inaugurated 17 km rapid rail route, commonly referred to as the priority section, encompasses five stations – Sahibabad, Ghaziabad, Guldha...