Paisa Vaisa with Anupam Gupta Infrastructure's Impact on Real Estate with Shobhit Agarwal of Anarock
Aug 19, 2024
Shobhit Agarwal, MD & CEO of Anarock Capital Advisors, shares his expertise on the evolving relationship between infrastructure development and real estate in India. He discusses how improved connectivity through highways and metro systems boosts property values and influences migration patterns. Future trends point towards rising office space demand and urban redevelopment needs. Shobhit also sheds light on the hidden friction costs in real estate investments, stressing the importance of personal readiness when purchasing a home. Valuable insights await both investors and enthusiasts!
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Inverse Relationship of Infrastructure and Real Estate Prices
- Infrastructure development and real estate prices are inversely related.
- More infrastructure leads to wider accessibility, moderating price increases.
Mumbai's Infrastructure Challenges
- Mumbai historically lacked infrastructure, leading to high real estate prices and resistance to relocation.
- Improved infrastructure aims to alleviate these issues by increasing accessibility.
Real Estate Tiers Based on Capital
- Real estate tiers are defined by the amount of capital they attract, not population.
- Mumbai, Delhi, and Bangalore are Tier 1, attracting the most capital.