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ANI |
Updated: November 15, 2022 19:05 IST
Gurugram (Haryana) [India], Nov 15 (ANI/NewsVoir): Dwarka Expressway has dramatically boosted demand for real estate projects in the vicinity soon after its construction was announced. There has been considerable development of projects from every sector, including residential and commercial properties such as independent floors, high-rise buildings, shopping arcades, malls, healthcare and educational facilities and more, attracting significant buyers to the region. Simultaneously, further construction of the expressway connected it to various small villages through service roads, increasing their accessibility.
“Dwarka Expressway is fast becoming the most preferred destination for real estate buyers. The government’s infrastructure stimulus here and increased connectivity to both Delhi and Gurgaon have attracted significant interest from both investors and end-users. Developments plotted here have seen up to 300 per cent growth in prices. Opening of the expressway This trend is expected to see further traction. We look forward to launching developments with gated plots that combine the benefits of this great location, investment discretion in land, and the security and convenience of a gated community,” said Nayan Raheja, Raheja Developers.
“The Expressway has become much more than a link between two major cities. The close network of Dwarka Expressway with adequate transport facilities including the IGI Airport has enhanced the quality of the corridor. Projects developed in this particular region contribute to the state’s economy by attracting investors from different parts of the country. Gurugram has always been Delhi. And the primary choice of buyers looking for real estate opportunities in its vicinity. Its amenities and availability of amenities make it an investment region,” said Pushpender Singh, MD, JMS Group.
Although the Haryana portion of the expressway was supposed to be completed by the end of 2023, the work has been accelerated, and the expressway will be opened to commuters by January 2023. It is a 27.6 km long expressway from Mohipalpur to Kherki in Delhi. Daula Toll Plaza in Gurugram, Haryana. Dwarka Expressway is a 19 km long stretch in Haryana, some sections are already open for users. NHAI (National Highways Authority of India) is preparing to inaugurate the 700 meter long bridge constructed on the service road at Pataudi Chowk. A further extension of the expressway, the cloverleaf connecting it with the Delhi-Jaipur highway, will be ready by December.
Biren Mehta, Director, ElitePRO, said, “Dwarka Expressway has become an eye-catcher for real estate developers and investors. The availability of projects across various verticals, including independent floors, apartments, villas, plots, commercial setups, etc., makes it suitable for every class of customer. The government’s move to make properties available to end users under the DDJAY scheme has also led to increased demand in the region. The opening of this expressway will undoubtedly boost the real estate sector.”
Ashwani Kumar, Pyramid Group, said, “The region is home to affordable and luxury projects today. The Dwarka Expressway, offering sound connectivity to major cities in the vicinity of the sub-city, has become the first choice of buyers as it is conveniently accessible from all directions. Also, there are many projects from which customers can choose and invest for the most lucrative returns. Its proximity to the national capital Delhi makes it a preferred realty destination today. When the expressway becomes fully operational, the projects will create a much better response in the surrounding area.”
This news is provided by Newswire. ANI shall not be responsible in any way for the content of this article. (ANI/Newsvoir)
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