Dwarka Expressway: Booming High

1 Sep, 2017 07:45 IST
Dwarka Expressway: Booming High

Written by Jayant Upadhyay

If you are looking for a quality living in a region, then look for areas near the 8 lanes Dwarka Expressway. Close to IGI Airport, Manesar, Golf Course, this will give you a classic lifestyle. Recently, a plethora of hurdles associated with infrastructure has been removed and the area looks quite promising for investment. There is a seamless connectivity between Dwarka and Gurgaon. After Mehrauli –Gurgaon and National Highway 8, Dwarka Expressway is the third connection link between Delhi and Gurgaon.

National Highways authority of India has granted national highway status to Dwarka Expressway (Source: Times of India.) Its convenient location is likely to make it one of the top real estate hotspots in coming days.

Urban Planning -

Interestingly, Dwarka is the right combination of urban planning, aesthetic & recreational facilities, environmental design, with the cover of greenery. A proposal is underway to connect the Dwarka Expressway with the Delhi airport via a tunnel. Properties located in Sector 104,108 and 113 are in high demand. If you are looking for a home loan you can apply here https://www.iifl.com/

Realty Market -

The realty market is silent from the last two years, with hardly any appreciation in the market. In light of constructive initiatives of Government, we can expect a boost in rates for projects, along with northern peripheral road. As compared to most of the Delhi/NCR, the property rates are low along Dwarka Expressway

The average rate of properties stretched along Dwarka Expressway is Rs 4754 per sq ft, and for areas in sector 84, 37C and 112 the average rate of properties are in the range of Rs 4, 000-5,500 per sq.ft. Owing to its strategic location, Dwarka Expressway is likely to have a second highest number of housing units between 2013 and 2018. (Source: Housing.com)

Disclaimer : The information in this blog is for general purposes only and may change without notice. It does not constitute legal, tax, or financial advice. Readers should seek professional guidance and make decisions at their own discretion. IIFL Finance is not liable for any reliance on this content. Read more

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