Suri, Palak; Cropper, Maureen L. - National Bureau of Economic Research - 2026
We estimate the effects of the first metro rail line in Mumbai using administrative data on assessed property prices from 2011-18 for 723 subzones in the city. Comparing areas within 1 km of the metro with those beyond 1 km but within 3 km, we estimate the effects on property values for...