Highway Ministry’s push to complete Dwarka Eway by early ’22, a big booster for Gurgaon realty

The PMO and Highway Minister Nitin Gadkari’s combined and concerted action to expedite construction of Dwarka  eway by August 15, 2022, will put Gurgaon realty on fast track growth. This high level intervention has removed technical hurdles coming in the way of early completion of the crucial eway. According to Gadkari ,It will now be possible for NHAI  to complete the work on the two packs(of 19km length) of 29km eway falling in Gurgaon By the year end. The 10 km portion of the 8-lane eway falling in Delhi under two packs will be completed next year before the August 15 deadline for making the entire eway operational. The work on the Delhi stretch has been expedited particularly after Delhi High Court cleared the way for the construction of a flyover in Sector 22-23 Dwarka. Property along Dwarka Expressway a get a major boost due to this development. Especially sector 37 D and sector 81, Signature Global Group is coming up with various residential options.

Says Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global Group and Chairman, Assocham National Council on Real Estate, Housing & Urban Development, ” The intervention of the PMO and the Union Highway Ministry for speedy completion of the Dwarka eway is the most positive development. And as  all the legal and land related hurdles have been removed and the whole project is being monitored at the highest level, August 15, 2022 deadline for this eway looks quite feasible. Once completed, the eway will provide commuters between Delhi and Gurgaon, a safe seamless  and faster route  as an alternative to NH8. It will also prove to be a speedy alternate route to IGIA from Gurgaon.  This will considerably reduce traffic burden on NH8 as well. As a result real estate in Gurgaon, particularly in New Gurgaon will get a connectivity/mobility boost. this in turn will improve the quality of life of  not just the residents of New Gurgaon but the entire city. It will  considerably improve real estate appreciation in New Gurgaon in general and Dwarka eway in particular which has already seen double digit appreciation in the last five years”.

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