Dwarka-Gurgaon Expressway: A major real estate destination

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Dwarka-Gurgaon Expressway, the Northern Peripheral Expressway, will be one of the most significant area for investment, the property sector has vast latent for growth in coming years.

The prices in Dwarka-Gurgaon Expressway have almost more than doubled from Rs 2,550 per sq ft to Rs 6,450 per sq ft.

The 155- mt wide and 18 km long Expressway is likely to be completed in next three-four years. The expressway will provide quicker access to the airport and connect to the 100-mt wide road under taken in the new master plan.

Dwarka and Palam Vihar will have a new road through Dwarka with Gurgaon by an eight lane link and the planned SEZs in Gurgaon to join the NH-8. The new road will decrease the traffic burdens on existing roads connecting Delhi-Gurgaon.

The new expressway will touch the National Capital near Dwarka Phase II, and connect the Metro corridor to the road. Once the project is complete the area will become one of the hottest real estate zones in the NCR-region.

Top real estate firms like Chintels India Ltd, Sobha Developers, Puri Construction, Antriksh, Rahejas, MGF EMAAR,  Indiabulls, Earth Infrastructure, etc, have launched their projects in this developing periphery.

The Chintel group is developing a township over 450 acres on the sectors of Gurgaon. These new residential units bordering Dwarka Phase II, are being seen as the next big deal in property market.

Raheja Group and Sobha Group has launched many projects in the area.

There are many other projects of Ansal Housing, Puri construction, MGF EMMAR and many others. It has been a beehive of developers developing various projects in the northern periphery.

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