Booming Growth along the Dwarka Expressway
The Dwarka Expressway is set to be a major realty destination for real estate developers and customers alike. Staggering growth has made this area a residential hotspot.
If you have been looking for quality flats for sale in Dwarka, Delhi this may well be the best time to snap one up! Dwarka is one area that has witnessed huge residential development in recent times, particularly due to the growth centered on and around the Dwarka Expressway. This zone has become a hotbed for several realtors and multiple premium projects are being launched here in recent times. Construction is going on along the Dwarka Expressway and infrastructural development is expected to boost both commercial and real estate projects in this entire region.
You should definitely look for flats for sale in Dwarka, Delhi around this time as a large number of Indian corporate companies and global multinationals are operating in Gurgaon and there is slated to be huge demand for both mid and high income segment properties in Gurgaon and Delhi. The Dwarka Expressway should attract a lot of this potential investment and spiraling demand means that you may not be able to find the property of your choice in the near future, swamped by hordes of prospective buyers. According to market experts, the Dwarka Expressway is now an attractive option for end users and investors alike, something that should be great news for leading developers in this region who are betting big on some premium projects.
This Gurgaon-Dwarka Expressway is a project helmed by the HUDA or Haryana Urban Development Authority. The Expressway is also called the Northern Peripheral Road or NPR. This project was initially implemented to ease traffic congestion on the main Delhi-Gurgaon Expressway or the Delhi-Jaipur Highway. This Expressway stretches for a total of 18 kilometres and is the widest ever such project helmed by the state government at 150 meters. The Expressway links the National Highway 8 at Kherki Daula to Dwarka. There are close to 40, 000 homes being developed in several sectors along the Expressway though actual estimates exceed this official count.
Several developers under the NCR-Credai banner have also undertaken the responsibility of constructing roads along the Dwarka Expressway and this has speeded up the project immensely. Being located near Gurgaon, the region is witnessing huge interest with regard to quality apartments and this has paved the way for the entry of multiple big developers into this hitherto untapped market. These include Emaar MGF, Assotech Limited, Puri Constructions, Sobha Developers, Tata Housing, Adani, Spaze, Paras, Raheja Developers, Ansal Housing, Antriksh Godrej Properties, Vatika, ATS, Chintels Group, CHD Developers and Satya Group among many others.
According to developers, the Dwarka Expressway is paving the way for greater infrastructural progress and the project seems to be moving smoothly in the right direction. Now that there are no more basic delays, developers are working frenetically to deliver projects swiftly to their customers. This area is set to be one of the hottest property destinations over the next few years. Going by current developments, supply should definitely be at par with demand along the Dwarka Expressway at least for the next couple of years.
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