Property in Dwarka Expressway : A Rising Residential & Commercial Hub
Dwarka Expressway is the widest expressway project in Gurgaon. It is the third link road after NH 8 and the Mehrauli-Gurgaon Road that connects Delhi to the millennium city. This connectivity has not only eased the traffic between the two cities, but intensified scope of growth and development around the area.
Given the status of National Highway, it is hoped to bring relief to the investors who have put their hard earned money in to the residential and commercial projects here. The 18 km stretch gains impetus for its completion and pushes projects in limbo, thereby boosting real estate. Once the notification under Section 3 (d) of the National Highway Act is issued, land acquisition will become quicker. Real estate consultants have declared this area as the best investment destinations paying higher returns for the property prices here have soared dramatically.
Leading industry majors are presenting several lucrative projects in Gurgaon to cater to the ever increasing demand of property in the city. The new Residential projects near the Dwarka Expressway make many dreams a realty by providing affordable way to experience a comfortable, luxurious lifestyle. Whether you are an investor or end-user, properties coming up along the road promise good returns.
As per the recent market analysis report, the area is going to witness sharp rise in the demand as well as price of property. Formation of new government and implementation of infra growth plans have resulted in rise in demand as well as cost inflation in the area. Hence it is the right time to invest in property in Gurgaon.
Projects along Khirki Duala and Palam Vihar area that includes sectors 88, 89, 90, 102, 104 etc are immensely benefited from NH status. Real estate developers are expediting the delivery of their projects to coincide with the expressway becoming operational. Properties may see a hike of 7% to 8% in these areas. Around ten thousand units will be ready for delivery along the stretch as the expressway gets completed. However, the projects along the 1.5 km stretch towards Delhi side may take much longer time to be delivered.
Residential complexes near the Dwarka Expressway bring the best of Gurgaon and Delhi at one place If you are planning to forward to investing in property in Gurgaon, you can consider all ongoing residential projects along the stretch. Easy access to swanky malls, multiplex, IT/SEZ Parks as well as Delhi metro rail network within minutes have also helped it in emerging as the hottest investment destination, promising good returns to the investors.