Gurugram’s Property Market To Soar With New Cloverleaf Intersection

Gurugram’s Property Market To Soar With New Cloverleaf Intersection

The much-awaited cloverleaf intersection at the Dwarka Expressway is reportedly in the final stages of construction and is expected to be inaugurated soon by Nitin Gadkari, the Union Road Transport and Highways Minister. The intersection, situated near the Kherki Daula toll plaza, will boast of ramps on all four sides and will serve as a crucial link between the Northern Peripheral Road (NPR) or the Dwarka Expressway, the Southern Peripheral Road (SPR), and National Highway-48. With its completion, residents of the newly developed sectors in Gurgaon will have easier access to NH-8, without having to travel all the way to Kherki Daula toll plaza. They can use the SPR side of the Dwarka Expressway to take the cloverleaf ramp and head towards Manesar or loop around to reach Delhi.

Vivek Singhal, CEO, Smartworld Developers, commented, ““Dwarka Expressway is poised to be one of the finest infrastructure stories that India has witnessed. These developments will enhance accessibility to world-class facilities and amenities for the micro-markets of West Delhi and Dwarka. Further, looking at the growth potential in the next few years, this will be the most lucrative micro-market, both from investment and end-use perspectives. The completion of Dwarka Expressway is expected to significantly impact the real estate market in Gurgaon in terms of both demand and price escalation. The expressway’s inauguration will usher in seamless interstate connectivity between Delhi, Gurgaon, and Manesar regions, thereby triggering a positive response to construction projects in the area.”

The planned four-loop configuration of the upcoming cloverleaf intersection is anticipated to facilitate a smooth and uninterrupted movement of traffic. This development is set to offer a convenient and time-saving alternative for residents to access NH-8, as opposed to the present situation of having to navigate through the busy Kherki Daula toll. This remarkable feat of engineering is not only noteworthy for the daily commuters in Gurugram but also for the entire nation, given its impressive size, making it one of the largest road structures in India.

Ravish Kapoor, MD, Elan Group, said “The launch of the Cloverleaf intersection near Kherki Daula toll plaza marks a significant step towards enhancing the connectivity of the area. With its innovative four-way loops connecting NH-48, Southern Peripheral Road, and Dwarka Expressway, this intersection will not only reduce traffic congestion but also promote seamless and efficient travel, thereby unlocking new opportunities for growth and development in the key sectors of Dwarka Expressway & New Gurgaon especially sectors between 70 – 85”.

The proposed route is a crucial artery that connects several significant areas, including the Delhi airport, Delhi-Mumbai Expressway, Delhi-Gurugram Expressway, Southern Peripheral Road, among others. With the implementation of this upgrade, daily commuting for the residents is expected to become less cumbersome, resulting in a seamless and more comfortable experience.”

Kunal Rishi, COO, Paras Buildtech, said, “The inauguration of the Dwarka Expressway will bring a significant transformation to the residential and commercial real estate markets in the region, with an expected 30–40% rise in property prices. The inauguration is expected to transform the commercial real estate sector in the region by unlocking the potential of the swiftly growing locale. The improved infrastructure will drive economic growth, resulting in a significant boost for the real estate sector. This upcoming event is a lucrative opportunity for property investors looking to maximize their returns, as the expressway’s opening is expected to unlock the potential of the swiftly growing locale.”

Enhanced accessibility to NH-8 and other critical destinations is expected to be a transformative development for the city of Gurugram. The cloverleaf interchange represents a much-needed and long-awaited improvement that will significantly alleviate the transportation struggles of the homebuyers.

Shashank Vashishtha, executive director, eXp realty India, commented, “The new cloverleaf intersection marks a significant milestone for Gurgaon’s infrastructure development, enabling smoother and more efficient traffic flow for the residents. The upcoming inauguration by Union Road & Highways Minister Nitin Gadkari is a testament to the government’s commitment towards enhancing connectivity and reducing congestion. With its strategic location and four ramps, the intersection is poised to become a crucial link for those traveling from sectors located on Golf Course Road, SPR, Dwarka Expressway, and NH-48, making it a boon for the city’s commuters.”

Source : Construction Week Online

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