Giving it a Try!

Metro in pune (28th Jan 2010) Now officially the govt has given the green signal to this project. As everyone knows, this decision was delayed quite a few times and god knows when it all had started. I find one thing that is common between these projects from pune and bangalore. These projects were approved once the land/flat prices  had reached there peak values. bangalore real estate prices were already were at its peak then and people thought it will bubble down. then came the metro and surely it helped push the prices upwards. So i am trying to understand the bigger picture. Did these cities had congestion problems earlier- yes. Did these cities had high real estate growth earlier- yes Did these cities had heavy migrant population leading to influx of lot of people- yes. Did these cities expanded like crazy- yes. The last one is really the one thing i consider to be the reason behind this. Both these cities expanded in residential boundaries. say now people are ...