Over the past couple of years, Dwarka Expressway has garnered immense attention in Gurugram. Located towards the southwestern part of Delhi, this 27.6km km long stretch is also known as Northern Peripheral Expressway. The stretch has been developed as an alternate link road between Delhi and Gurugram and is expected to reduce the traffic congestion on the Delhi-Gurgaon Expressway.
Initially, under the Gurugram Master Plan 2021, it was planned to connect Dwarka in Delhi to Palam Vihar in Gurugram but further, according to the Master Plan of 2025, the expressway will be extended to Kherki Daula toll plaza.
Ever since its inception, the area around the expressway has steadily emerged as the preferred choice of the mid-income group people. Dwarka Expressway real estate in Gurugram is being developed in a planned manner and with better infrastructure, it is a viable investment option for individuals and commercial entities alike. Here are a few reasons to go with the investments in Dwarka Expressway in Gurgaon
The excellent connectivity in this area will offer an impetus to the real estate development in Gurugram. A large number of real estate projects have started near the expressway to enjoy its advantages such as great connectivity. The Expressway will open up yet another direct route between Delhi and Gurugram with various points.
Earlier this project was initiated by the Haryana Urban Development Authority (HUDA), but when the project was handed over to the National Highway Authority of India (NHAI), they expanded not only the length of the project but also the scope of the project. As Gurugram holds a good number of the working population, the traffic congestion is posing various problems to daily commuters. With the Dwarka Expressway, this issue seems to be solved. In order to alleviate the traffic congestion, multi-level interchanges have been proposed at major intersections so that commuters will enjoy high-speed connectivity on the expressway.
Moreover, this route will also provide connectivity to the Indira Gandhi International Airport. There is a plan for metro rail corridors in Dwarka Expressway which will further facilitate off - road connectivity between Gurugram and Delhi.
Sectors along the Expressway are going to become a well-planned and contemporary urban area when complete as per the new Gurgaon Master Plan-2021. Therefore, it is expected that those areas which will fall in the periphery of this expressway will become one of the most developed areas and will compete in the southern part of Delhi. The Mumbai Delhi Industrial Link corridor also passes through this stretch, building an industrial belt here. Thus it is emerging as the prominent destinations for IT, ITes and tech start-up companies which has led to the migration of people to Gurugram. The NRI clientele is also eying on this location because of the faster access to the IGI Airport. Educational institutions, shopping malls, hospitals, and other recreational facilities are also in the pipeline and will soon start taking shape in this area. The lifestyle near the area will definitely surpass the ordinary.
Availability of large land parcels, a green open environment are some of the factors that are luring many country’s leading developers to come up with residential ventures here. Sectors such as 99, 100, 101, 102, 103, 104, 109, 110A and 111-113 are being projected as residential hubs. Developers are now catching the attention of potential home buyers by offering modern amenities like clubs, swimming pool, jogging area, parks, play schools and more.
No wonder, the response towards such residential projects has been phenomenal as the home buyers have started realizing what potential the region holds. The rapid pace of development and the return on investment is high in this area. The price of properties in Dwarka Expressway starts from ₹ 1.65 lacs and the average price of properties in Dwarka Expressway is ₹ 1.18 crore.
The improved connectivity and availability of good infrastructure and basic facilities in Dwarka Expressway have given a major boost to Gurugram`s reality.