The long-held theory that infrastructure creation leads to spike in realty rates can find no better demonstration than just outside Delhi. Manesar and Rewari in Haryana, and Neemrana and Ajeetgarh in Rajasthan, are not just the names of semi-urbanised industrial belts en route the proposed Delhi-Jaipur expressway but are the latest hotspots for realtors that are seeing as much as 40 per cent appreciation in land rates.
The interesting part, however, is officials in the National Highways Authority of India (NHAI) and the Ministry of Road Transport and Highways say the new alignment has been almost finalised but is yet