Dwarka Expressway is the connecting link between Gurgaon, the satellite city of the commercial city, lying on the Dwarka peripheries of Delhi. Stretching over 27.6 Km, the eight-lane expressway has rapidly become one of the most desirable real estate locations in India. The strategic location and superior connectivity have made it a prime real estate destination in the National Capital Region (NCR).
The location by the highway has witnessed an increasing demand for residential and commercial properties in the region resulting from its strategic position, great connectivity, and infrastructural growth.
Given below is a detailed analysis of the many factors that influence this surge in the market from behind the scenes. It is a glimpse into the market with the perspective to aid the investors in aligning their expectations with the property buying in this area to get huge profitability.
Unfolding Futuristic Growth
“Dwarka Expressway is the ideal location for real estate investments since it will soon be home to hundreds of new apartment buildings”, say the industry experts. The seamless connectivity that the E-way shares with the noted landmarks in the city like IGI Airport, Najafgarh-Gurgaon Road, and other areas of Delhi make it a desirable residential area. M3M Crown 111 best residential project to invest at this location. This prestigious project offering luxurious 3bhk flats for sale in Gurgaon.
Dwarka Expressway will eventually turn out to be one of the most sought-after real estate locations. It has been evident from the buyer's sentiments skewing to this location backed by the data of increasing launches and an exponential increase in the number of purchases in this local real estate market. Property values have started appreciating substantially, showing there is a great there that is making this a good time to invest in the region.
Money-Minting Location
Aman Nagar, JMD, Paras Buildtech, says, “As the local economy burgeons, a corresponding rise in the demand for amenities and services is projected to create openings for investors and developers to construct retail and hospitality projects.”
The inauguration of the Dwarka Expressway will bring about a transformation in the commercial real estate realm of the area. Dwarka Expressway’s rise as a prominent real estate destination has resulted in a huge surge in property values in the region. The region has become a magnet for real estate developers, who unveil new projects nearly every month.
The improved connectivity and infrastructure in the region are expected to draw businesses and investors, leading to an increase in the demand for commercial real estate. The decrease in the travel time between Delhi and Gurgaon is a major reason which will facilitate access to both markets, generating fresh prospects for growth and expansion. Consequently, it will also drive the demand not just for residential spaces but also for office and retail spaces. This escalation is expected to bring more growth in the area.
Striking Rate of Infrastructural Development
In recent years, the infrastructural development surrounding Dwarka Expressway has also been applaudable. Many infrastructure projects, including the Northern Peripheral Road, the Delhi-Gurgaon Expressway, and the projected metro rail link, have been proposed by the government in the region. In addition, a new international airport is planned for Jewar, which is expected to spike the demand for real estate in the region.
Vineet Dawar, Sr. VP – Sales & Strategy, Elan Group, says, “Due to the continuously increasing demand for residential real estate properties in Dwarka Expressway, it is poised to be a top target for investment in the foreseeable future. The soaring prices of residential properties in and around the area are a clear indication of its desirability.”
Dwarka Expressway has become very attractive to prospective homebuyers who desire a luxurious and integrated lifestyle. Its exceptional infrastructure and cutting-edge connectivity have firmly established it as the premier real estate location in the NCR. The availability of gated luxury condominiums, surrounded by a range of social amenities and vibrant retail developments, makes it an ideal investment destination for millennial homebuyers.
In addition to its superior infrastructure, Dwarka Expressway is rapidly improving in terms of social infrastructure.
Conclusion
Dwarka Expressway's strategic location, superior connectivity, and infrastructural development have made it a prime real estate destination in the National Capital Region (NCR). The location has seen exponential growth in property values and the surge in the number of investors seeking to invest in the local real estate market is a clear indication of its desirability.
The potential for growth in the next few years makes it a lucrative micro-market from both investment and buying for self-use perspectives. Therefore, it is an ideal location for anyone looking to invest in the real estate sector in India.
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