It's great that Taj has been included in new 7 wonders of the world.
But dear Happy, I m doubtful in what you have mentioned here...
Quote:
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The Taj Mahal is all set to boost the real estate market in Agra. Agra should now see a shift in population from Tier-I cities, provided the infrastructure supports it.”
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There should be many other factors for the population to shift from Tier I cities towards
Agra..
EXCEPT TAJ.
One you mentioned is infrastructure, which is in a very bad state over there. And the most important reason is 'The Reason' for which people would think to shift in the region. I don’t think that there is concentration of any industry or source of employment over the region. Why would anyone plan to invest in residential property there?
Moreover, I have been to Agra twice and saw the surroundings. I don’t think I would personally plan or recommend any body to live in the city.
Yes, as far as the increase in the inflow of tourists is a matter, the retail real estate sector and hospitality industry might expect some investments over there, but not residential sector in the recent couple of years at least.