Summary
Prime Minister Narendra Modi this weekend inaugurated the Delhi-Meerut Expressway, which is expected to bring down the commute time between National Capital and Meerut to 45 minutes. He also launched the Eastern Peripheral Expressway, India’s first smart and green highway. The big question here is whether widening this stretch right up to Meerut will have an impact on residential prices and if home buyers waiting on the fence should invest now?Real estate experts are of the opinion that the 9 km stretch that has been launched as part of the first phase passes through stretches that consist of real estate markets that are already exhausted. These include Mayur Vihar, Partparganj and to s......