Abstract:
In a metropolis like Delhi, prime requirement of suburban areas is to connect
to suitable transport systems as their existence depends primarily on
automobile travel. Introduction of a Metro rail corridor would automatically
result in increased demand for commercial and residential properties along or
near the route. This further implies a boost in land and property values along
with triggering the development activities in the area. This development then
again asks for appropriate transportation facilities and the real estate boom
takes place all over again. This process goes on where transport is used as an
infrastructure to trigger the development in a remote area.
