prayagraj, formerly allahabad, is experiencing significant real estate growth due to infra- structure improvements, economic expansion, and rising property demand. this article examines the factors driving this boom, supported by key statistics.
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prayagraj's diversified and growing economy boosts real estate demand. new industrial areas and small-scale industries have created jobs, with ₹1,200 crore invested in the region over the past five years.
prayagraj has seen ₹2,500 crore in infrastructure investments, enhancing public transport, road connectivity, and civic amenities, positively impacting its real estate market.
prayagraj is experiencing growth in both residential and commercial real estate, with modern retail spaces, malls, and office complexes. the commercial sector has grown by 18% annually over the past five years.
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