Industry insiders reveal that real estate giant DLF is gearing up to launch a luxury high-rise project in this location.
Gurugram, the ever-evolving urban centre synonymous with rapid development, is now on the cusp of a transformation that will redefine the real estate landscape of sectors 75-77. The driving force behind this shift? Infrastructure development on an impressive scale. In an environment where connectivity and accessibility are paramount, the city is poised to unlock the potential of these sectors through strategic infrastructure projects. One such project making waves is the Vatika Chowk underpass, scheduled for inauguration on November 3, a milestone eagerly awaited by thousands of commuters.
The ceremony graced by Haryana’s Chief Minister Manohar Lal Khattar, signifies not just an infrastructure project but a profound enhancement of the city’s transportation network. The underpass, a marvel of engineering with a price tag of Rs 109 crore, is poised to bring about a significant shift in the connectivity landscape of Gurugram. At the heart of this transformation is the promise of improved daily lives for countless individuals. Commuters bound for Faridabad and NH-8 can look forward to smoother, congestion-free journeys, liberating them from the daily traffic gridlocks that once defined their routines.
However, the impact extends beyond daily commutes. The Vatika Chowk underpass is set to be a game-changer for the newly developed sectors along the Southern Peripheral Road (SPR), with a particular focus on sectors 70 to 76. Residents and businesses in these areas are on the brink of a new era of seamless inter-sector connectivity, which in turn opens a world of opportunities for growth and development.
Pradeep Aggarwal, founder and chairman, Signature Global (India), said, “The Vatika Chowk Underpass will improve connectivity and accessibility in Gurugram, reducing traffic congestion and travel time. It will provide smooth connectivity for commuters heading towards Dwarka expressway, IGI, Sohna, Faridabad, and NH-8, as part of the plan to redevelop the Southern Peripheral Road as a signal-free mobility corridor. The underpass will also open up new corridors for development, offering fresh prospects for real estate projects, making it a game-changer for the city.”
Moreover, the demand for homes in this area is set to surge. Prospective buyers and investors are quick to recognize the immense potential that comes with being part of a well-connected community. Sectors surrounding the Vatika Chowk underpass are becoming the preferred choice for those seeking a harmonious blend of convenience and quality of life.
Vineet Dawar, senior VP, sales & strategy, Elan Group, said, “The inauguration of the Vatika Chowk underpass marks a monumental leap forward in connectivity for sectors along SPR, particularly Sector 70 and its neighbouring areas. As a significant step in addressing traffic congestion and improving connectivity, the Vatika Chowk underpass will bring cheers to the thousands of commuters and residents of the nearby areas.”
But that’s not all. Industry insiders reveal that real estate giant DLF is gearing up to launch a luxury high-rise project in this burgeoning location. With key infrastructure developments and a prominent player entering the scene, sectors 76 and 77 are poised to become the next sought-after micro-markets of Gurugram. In the ever-evolving landscape of Gurugram, infrastructure development is the driving force propelling sectors 75-77 into a bright new future, where connectivity and real estate opportunities flourish hand in hand.
Source : Construction Week Online