There are few of the clear examples for what has been discussed yet. Increasing land rates in major cities of India provide a proof in support to this discussion. Let’s have an example of residential properties in Greater Noida and Noida. Few decades ago, most of the land in Greater Noida and Noida was just a land in rural areas that does not have much prices. But, in present context it is one of most costly areas in the country. This can be easily experienced by those home buyers that are looking for a flat in an apartment in Noida or Greater Noida.
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There are few of the clear examples for what has been discussed yet. Increasing land rates in major cities of India provide a proof in support to this discussion. Let’s have an example of residential properties in Greater Noida and Noida. Few decades ago, most of the land in Greater Noida and Noida was just a land in rural areas that does not have much prices. But, in present context it is one of most costly areas in the country. This can be easily experienced by those home buyers that are looking for a flat in an apartment in Noida or Greater Noida.
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