No doubt Gurugram is the hotspot for homebuyers and investors, but the development of Dwarka Expressway has taken the prices to the next level. This 29km Long expressway is also known as Northern Peripheral Road (NPR) and is a game-changer for Delhi’s Dwarka to Gurugram Region. The rising demand, enhanced infrastructure and most importantly improved connectivity is profoundly impacting the property prices here and in Gurugram. Let’s discuss the impact of Dwarka Expressway in detail.
Fast Growing Real Estate Corridor
As soon as Dwarka Expressway was completed, it increased the property demand alongside its belt for both Commercial and Residential Property. Especially in sectors such as 37D, 88A, 99, 102, 104 and 110A. These sectors have witnessed a steady growth of 30-50% in their property prices making it the fastest-growing real estate corridor in Delhi NCR.
Connectivity is the Real Game Changer
As I mentioned earlier, the seamless connectivity of Dwarka Expressway is the biggest advantage of this corridor. The 8-lane expressway connected to IGI Airport, Delhi-Mumbai Expressway, Cyber City and other key areas of Dwarka has significantly reduced the travelling time. That’s why both the investors and the people who want to live here are showing great interest in property in Gurugram and along the corridor itself.
The Economic Growth and Infrastructure Development
Dwarka Expressway is having a major infrastructure development, heavily invested by the Government of Haryana and the private developers as well. If I mention some developments then those are
- Upcoming Metro Corridor
- Expansion of Commercial Hubs and the IT Parks
- Shopping Complexes
- Schools, Colleges and Hospitals
- Premium Residential Projects by DLF and Godrej
All these developments are attractive to more and more buyers, investors and businesses alike.
Luxury and Premium Housing
With such improved infrastructure, great connectivity and modern amenities like smart homes, clubhouses, green spaces and other high-end amenities makes Dwarka Expressway a prime destination for Luxury Housing. Also it has grown the demand for Premium Independent Villas and Luxury Flats in Gurugram as well. Hence further pushing up the property prices here.
Future Appreciation
If you are a Property investor and looking for long-term capital gain then Dwarka Expressway is the place for you. With the completion of discussed infrastructural projects and other establishments, the property value is going to rise further and further. The Real Estate Experts also predicts the appreciation of 20-30% in the coming 3-5 Years and that makes it a lucrative option for investment.
Commercial Real Estate Boom
The Retail Hubs, Business Parks and Co-Working Spaces are attracting the companies and entrepreneurs here. It not only witnesses the significant grown the commercial properties but the residential properties as well because the employees prefer staying close to their offices or workplaces.
Conclusion
Now you can see how the impact of Dwarka Expressway is affecting the property prices for Gurugram and its corridor. It is simply phenomenal and makes the region the most sought-after real estate destination in Delhi NCR. No matter, if you are a homebuyer, investor, developer, or the end-user, Dwarka Expressway is presenting a great opportunity for everyone with its long-term appreciation and high returns.
And you know this region will continue to develop and the prices here will also rise even higher. So, if Dwarka Expressway is on your radar to invest, this is the ideal time to invest.
