There is a lot of buzz around the Dwarka Expressway project. The most notable is the fact that Dwarka Expressway would connect Dwarka in Delhi to Kherki Daula Toll plaza on NH48 in Gurugram. The project is expected to be completed by the 15th of August 2022. Its completion is going to bring a real estate boost with New Projects On Dwarka Expressway. In Fact the property demand in the area has started growing. So the real estate gurus believe that it will be one of the top 5 real estate hotspots in the Delhi NCR region.
Dwarka Expressway is almost 28 km long and it will seamlessly connect Delhi with Gurugram. This project was finalised under the Gurugram master plan 2021. Presently a person has to travel more than an hour to reach Delhi from Gurugram. But with the construction of the Dwarka Expressway, the same distance can be covered in less than 20 mins.
Meanwhile people living in the Dwarka region have to travel for almost 045 mins to reach the Indira Gandhi International Airport. So with the completion of the Dwarka Expressway, it can be done in less than 30 mins. It would also minimize the hassle for people who live in Dwarka but work at the cyber city. This project would make the daily commute a lot easier and less time consuming.
The demand for Best Residential Projects On Dwarka Expressway around Gurgaon has increased over the years. People come here to work in the growing number of IT hubs in this region. Since the Dwarka Expressway will minimize the distance between the IT hubs and the housing societies, there have been a lot of developments around the region. Many popular builders have invested their money in the development of these housing projects. In fact the completion of this project will give a certain boost to the real estate business in and around the Dwarka Expressway region.
With the commencement of the Emaar Digi Homes Sector 62 project, the area around it witnessed a significant growth in the real estate sector. The demand for housing around the area increased and big real estate investors grabbed on to it and started their projects. In the past few years, near the Dwarka Expressway project, there has been a boost in the real estate sector.
1. 29100 units of housing have been built in the past five areas around Dwarka Expressway.
2. There are around 150 housing projects being built around the area. It will provide almost 97000 residential units to the buyers. Since the Expressway is still being developed, the price of property around this area is still affordable. But the completion of the project will make the price reach a peak.
3. In the past 3.5 years, the price of property around the area has risen by around 1.4 to 1.5 percent per year. But it will go higher once the Expressway is completely built.
4. All the leading real estate developers have invested their money in this project.
Thus it is clear that the completion of Dwarka Expressway will definitely give a boost to the real estate market in the Delhi NCR sector. This area will emerge as the real estate hot spot with many residential as well commercial property being built around it. Dwarka area Expressway is the perfect region for investing in real estate at the moment.
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