Why invest in Aurangabad?
Property investment in Aurangabad is beneficial because the demand for residential and commercial properties is higher. In addition, rising property rents are another reason to buy property in the city.
Infrastructural development in Aurangabad
7 national highway projects in Aurangabad
Aurangabad is known as the industrial center of Maharashtra. Road transport is a crucial part of the transportation of goods and inventories. Union Minister of Road Transport and Highway projects inaugurated seven National Highway projects worth Rs 5569 crores.
Benefits of these 7 projects
- Accelerate the development of the Aurangabad district
- Development of the transportation
- Accessibility of rural areas to the city will increase.
- Development of tourist centers in the Aurangabad district
- Improve traffic
How will the property sector get influenced by the massive infrastructure development?
According to a study, a lot depends on policy relevancy. Infrastructural development leads to the property capitalization rate in the long -term. However, it negatively affects the rental market in a short -time.
How is the property capitalization rate calculated?
Divide a property’s net operating income by the current market rate to get the property capitalization rate. It is expressed as a percentage. The value represents the property’s intrinsic rate of return.
Summary
In 2 tier cities like Aurangabad, investment in properties is beneficial. The rapid social infrastructure growth of the city and the higher appreciation value of the properties make them a preferred destination for real estate investment.
