Riding the Shaktipeeth Expressway: Route, Costs, and Real Estate Significance!
The Shaktipeeth Expressway is a proposed 761-kilometer-long, six-lane expressway that will connect Nagpur to Goa. The expressway is expected to cost around Rs 75,000 crore and is scheduled to be completed by 2028.
The route map of the Shaktipeeth Expressway is as follows:
- Starting from Nagpur, the expressway will pass through the districts of Wardha, Yavatmal, Hingoli, Nanded, Parbhani, Latur, Beed, Osmanabad, Solapur, Kolhapur, Sindhudurg, and Patradevi (North Goa).
- The expressway will connect to the Samruddhi Mahamarg, the Mumbai-Nagpur Expressway, at Wardha.
- The expressway will also pass through the Radhanagari Wildlife Sanctuary and the Sahyadri Tiger Reserve.
The Shaktipeeth Expressway is expected to have a major impact on the real estate market in the region. The expressway will make it easier and faster to travel between Nagpur and Goa, which will boost tourism and investment in the region. The expressway is also expected to increase the demand for real estate in the areas along the route.
Here are some of the factors that are likely to drive the real estate demand along the Shaktipeeth Expressway:
- Increased tourism: The expressway will make it easier and faster for tourists to travel to Goa, which is a popular tourist destination. This is likely to boost the demand for hotels, resorts, and other tourism-related businesses along the route.
- Increased investment: The expressway is expected to attract investment in industries such as manufacturing, IT, and logistics. This is likely to create jobs and boost the demand for housing along the route.
- Improved connectivity: The expressway will improve connectivity between Nagpur and Goa, which will make it easier for people to commute between the two cities. This is likely to increase the demand for residential and commercial properties along the route.
Overall, the Shaktipeeth Expressway is expected to have a positive impact on the real estate market in the region. The expressway is likely to boost tourism, investment, and job creation, which will all lead to increased demand for real estate.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
