Sunday, December 29, 2024

How Infrastructure Development

How Infrastructure Development Influences Land Value

Infrastructure development plays a vital role in determining the value of land. Here's how:

1. Improved Accessibility

Projects like new highways, metro lines, or airports enhance connectivity, making areas more desirable for residential and commercial purposes.

2. Economic Growth

Infrastructure attracts businesses, creating job opportunities and increasing demand for nearby properties.

3. Appreciation of Land Value

As infrastructure projects progress, land prices in surrounding areas

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