Positive Impacts

Increased Accessibility and Trade: Improved transportation links would facilitate trade and tourism between Turkey, Syria, and other regional countries. This increased economic activity could lead to higher demand for commercial and residential properties along the railway route.
Economic Growth and Development: The railway revival could stimulate economic growth in the region, leading to job creation and infrastructure development. This could, in turn, attract investors and developers, boosting demand for real estate.
Tourism Development: The railway could become a tourist attraction itself, with heritage tours and scenic train rides. This could increase demand for hotels, restaurants, and other tourism-related businesses along the route.
Urban Renewal: The railway could revitalize old railway stations and surrounding areas, turning them into commercial or residential hubs.
Negative Impacts

Environmental Concerns: The railway’s construction and operation could have environmental impacts, such as noise pollution, land use changes, and potential disruptions to local ecosystems. These concerns could deter development in certain areas.
Security Risks: The region has experienced instability and conflict, which could pose security risks to the railway and surrounding areas. This could deter investment and development.
Social Displacement: The railway’s construction and operation could lead to land acquisition and displacement of local communities, potentially causing social and economic disruption.