Investment In New Projects On Dwarka Expressway

Thus, as this market at present has many lucrative options both in primary as well as secondary markets, buyers and real estate developers alike view Dwarka Expressway as the most lucrative residential and investment option.
In a recent statement, Union Minister for Road Transport and Highways Nitin Gadkari said that New Projects On Dwarka Expressway, which is being developed as the first elevated urban expressway in India, will be operational in 2023. This has further added an impetus to the growth of this area. “The upcoming Dwarka Expressway is set to be one of the finest infrastructure stories that NCR has ever witnessed. The government is developing a state-of-the-art business, transport, and recreational hub near Sector 113 and Sector 111, Gurgaon. These developments will enhance the ease of accessibility to world-class facilities and amenities for micro-markets of West Delhi and Dwarka. Further, looking at the growth potential in the next few years, this will be the most lucrative micro-market, both from an investment and end-use perspective,” said Vivek Singhal, CEO, Smartworld Developers.

Biggest Apartment In Dwarka Expressway

The highway comprises four multi-level interchanges, spanning 29 km on NH8 as a signal-free highway. The area has emerged as one of the prime Apartment In Dwarka Expressway Gurgaon, NCR, with seamless connectivity to Gurgaon and Delhi airport terminals.

“Once operational, Dwarka Expressway will significantly reduce the traffic load on Delhi – Gurugram Expressway. Besides, Sohna Road and Golf Course Road will also be relieved with the ease of traffic movement. The realty market of Dwarka Expressway and its surrounding areas have been witnessing great traction lately. The expressway has direct connectivity to the industrial zones in Manesar, Gurgaon, Dharuhera, and Bhiwadi, which will influence the realty demand in the area. Besides the strategic location, the seamless connectivity and mega infrastructural developments have been playing a key role in enhancing the potential of the realty market of Dwarka Expressway and other areas in the vicinity like New Plots For Sale On Dwarka Expressway Gurgaon which have been the preferred neighborhood for investors and end-consumers in the last few years,” said Aman Trehan, Executive Director, Trehan Iris.

Residential demand is also set to spike, with more commercialisation and urbanisation in and around Dwarka. In fact, the region has already witnessed a value appropriation at a CAGR of around 4% during the period between 2015 and 2018 and has been growing ever since.

“The high-growth stretch is witnessing the launches of both New Commercial Projects On Dwarka Expressway Gurgaon and residential projects. With greater connectivity and newer investment opportunities, both builders and investors have a positive affinity for the corridor. It is surely attracting end users as they will be far from the overly crowded areas of Delhi NCR, benefiting from the given range of homes (2,3,4 BHK) being developed by renowned builders,” said Shashank Vashishtha, Executive Director, eXp India.

Dwarka Expressway already has a slew of top-line luxury and premium residential projects. The Delhi-Haryana Western corridor is also gearing up for multi-sector development with Dwarka Expressway. The Dwarka sub-city project has also been commissioned to urbanise the entire west Delhi region, as other parts in the city are overcrowded and laden with high property rates.