The development of the Dwarka Expressway, an 8-lane connectivity project, has been a game-changer for the real estate sector in Gurugram, Faridabad, and surrounding cities. The ambitious infrastructure project enhances regional connectivity and provides a fertile ground for remarkable real estate developments, particularly in the residential segment. The Dwarka Expressway, known as Northern Peripheral Road (NPR), stretches approximately 29 kilometres, connecting Gurugram with Dwarka, Delhi. Its strategic location and proximity to the Indira Gandhi International Airport make it a highly sought-after corridor for real estate developers and investors.
Mr. Nayan Raheja, Raheja Developers shares his perspective, “Dwarka Expressway, a vital artery connecting Gurugram and Faridabad, has emerged as a beacon of growth in real estate. Its strategic location, seamless connectivity, and evolving infrastructure have created a magnetic pull, captivating countless homebuyers. Witnessing a surge in demand, this corridor has become a symbol of modern living, offering a dynamic lifestyle amidst urban convenience. We take pride in contributing to this transformation and fulfilling dreams as Dwarka Expressway propels both Gurugram and Faridabad towards a vibrant, interconnected future.”
Mr. Sanjeev Arora, Director – 360 Realtors, states, “The development of Dwarka Expressway has not only presented an excellent investment opportunity but also assured us of a secure and promising future. Dwarka Expressway or the North Peripheral Road is emerging as the hotbed of premium housing neighborhoods, commercial complexes, business and IT parks in the NCR region. It is also home to few of the prominent retail addresses such as Vatika Townsquare mall, Gallexie-91, and Sapphire mall. Its closeness to the IGI airport, IICC, and industrial hubs in Manesar are other advantages. Property prices in the region is appreciating at the rate of 15-20%, as many people believe it as the new Gurugram. Higher appreciation in property value and the robust infrastructure makes it an ideal choice for long-term investments. The seamless connectivity with key business districts in NCR has also attracted corporate investors, leading to the establishment of commercial and office spaces along the expressway.”
The region’s real estate market has witnessed an upswing, with developers launching innovative projects to cater to the demand for premium, mid-segment, and affordable housing. The availability of ample land parcels and the support of well-planned infrastructure have enhanced the growth of housing complexes, townships, and high-rise apartments along the expressway.
Mr. Anshuman Sharma, President -Sales & Marketing, Navraj Group, states, “Dwarka Expressway has transformed into a magnet for investors from diverse backgrounds. The prospect of high returns and the promise of seamless connectivity has drawn diverse investors, including NRIs, HNIs, and first-time homebuyers as well. The improved connectivity offered by the expressway has opened up new avenues for development along its route, leading to the emergence of vibrant realty hotspots.”
Mr. Rajjath Goel, Managing Director, MRG Group, explains, “Dwarka Expressway’s 8-lane connectivity has transformed the landscape and accelerated urban development in Gurugram and beyond. With the expressway serving as a catalyst for regional growth, the surrounding areas are witnessing a surge in commercial establishments and economic activity. The integration of residential and commercial spaces fosters a balanced urban ecosystem, making it an attractive destination for homebuyers and businesses alike.”
The real estate sector’s growth along the Dwarka Expressway has bolstered economic development and improved the overall standard of living in the region. As the corridor continues to evolve, it promises to set new benchmarks for sustainable urban development, redefining the future of real estate in Gurugram, Faridabad, and neighbouring cities. The stretch has emerged as a significant driver of growth, revolutionizing the real estate landscape in the region.
Source : India News