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From: Architexturez <interface.services@xxxxxxxxxxxxxxxxx>
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Date: Tue, 10 Jul 2007 10:58:39 +0530
Taj Mahal to now lure developers, retailers
MONA MEHTA
Posted online: Tuesday, July 10, 2007 at 0015 hours IST
MUMBAI, JUL 9 : Property developers and consultants across the country
are keenly watching the inclusion of the Taj Mahal as one of the new
Seven Wonders of the World. The architectural marvel located in Agra has
already been a tourist destination for several hundred years, but its
inclusion in the coveted list is expected to further drive tourism--and
give real estate and retail in the city a new fillip.
According to Anuj Puri, managing director, Jones Lang LaSalle Meghraj,
“There will soon be a 15-20% appreciation in demand for residential
property in Agra’s prime locations. Moreover, with the increased inflow
of tourists, the retail segment is expected to thrive.”
cont'd....
http://www.financialexpress.com/fe_full_story.php?content_id=169610