Updated: Jun 13, 2020
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. The city is slowly but surely becoming a hub to many of the big builders of Chhattisgarh and India and is grabbing a lot of attention from real estate buyers as well.
Let’s take a look at some of the reasons why this is happening:
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.
Historical Context: This is an important point in the context of the relative popularity of the city and its name amongst tourists and foreign countries. Raipur, the city is one of the foremost names on the list of places that are rich in historical context. In earlier years, the throne of the Kalchuri kings of the Haihaya Dynasty was also set at Raichur (now known as Raipur).
Gradual Moulding: With modernization and globalization 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.
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.
Planning and Area: The adverse effects of not having such a policy can be seen in Delhi, which is not planned correctly due to the poor working of DDA.
Plus, Raipur is spread across 13,083 km2 when compared to Delhi’s area of
1,484 km2; clearly, Raipur comes up trumps here as well.
Low Population Density and Effective Working Regime: Real estate cannot work properly in a profitable manner in a city that is overcrowded by default. Simple rules of economics; for more demand and less supply, the price goes high. But that isn’t really the case with Raipur.
Moreover, the low population ensures good security and less crime rate.
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 – Real Estate Capital of India – Raipur.
By Team Sunita Developers,
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