Dwarka Expressway paving path of possibilities in Gurgaon

The rapid development of the Dwarka Expressway, increased availability of ready houses, and enhanced the involvement of reputable builders, consistent with 99acres.com, boosted inquiries in residential Sectors 102-115 along the stretch. Housing plots were also in demand, but resale homes priced between Rs 1 crore and Rs 1.5 crore drew nearly 60% of the demand in Gurugram. Developed with proper planning & strategy, New Gurugram is situated between Delhi, Gurugram and Manesar. Owing to a series of infrastructural evolution and efforts of developers and government, New Gurugram is surely come out with the foremost promising commercial and industrial hub which will add a replacement dimension to the Indian realty sector.

Though, the expressway had its considerable of ups and downs, including delays caused due to lawsuits; the work is now more or less settled. Even after multiple trials, developers had full confidence that this place will become one of the Gurugram’s best locations. The interest of buyers on this expressway, ten years down the road, proves the realtors right, who have come up with numerous projects here. Dwarka Expressway’s story is all about the connectivity and accessibility of units that suits the right and target audience. Buyers have always reacted favorably to properties near highways when we look at the patterns.

Mr. Pradeep Aggarwal, Founder & Chairman – Signature Global Group & Chairman – ASSOCHAM National Council on Real Estate, Housing and Urban Development says, “any area that addresses the connectivity issue gets the attention of the real estate as it falls in the most basic need of the buyers. Dwarka Expressway came on the horizon when prices in other areas of Gurugram were skyrocketing. People saw potential in the area, and analysed that though the area is in Gurugram, newly launched projects here are affordable – prices here were below Rs 3,000 in 2010 when at popular locations prices were around Rs 4500 per sq ft. Delays in the completion affected the market for some time, but the faith in the completion never affected the return on investment; the constant appreciation in prices is proof that real estate stakeholders were confident about this area. Recently, the Union Minister has announced that Dwarka Expressway would be completed by August 2022; the announcement has already instilled confidence in the region’s real estate market.

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