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The real estate market in NCR region is witnessing a transformative shift, driven by a number of factors. the growing trend of investment-oriented buys and significant infrastructure boost.
As per the report of CREDAI and Colliers Liases Foras, Delhi-NCR become the second highest area in northern region in terms of housing prices. The region sees a significant 14% year-on-year increase because of robust housing demand by sentiment homebuyers and stable interest rates.
In the second quarter of 2023, housing prices experienced the most significant year-on-year increase in areas like Dwarka Expressway and Golf Course Extension Road. these areas see a minimum of 40 percent spike in housing prices at the micro market level.
Extensive infrastructural boost is one of the major reasons behind the escalating housing demand in the national capital region. the government’s commitment to improve connectivity and urban infrastructure and many ambitious projects redefine the area. the ongoing work on the Dwarka expressway is one of the major boost to the area.
India’s First Elevated 8-Lane Access Control Expressway
Dwarka Expressway is India’s first elevated 8-lane access control urban expressway connects Gurgaon to Delhi. the project is being constructed at an estimated cost of more than 9000 crores. The Expressway is initiated as a part of Delhi decongestion plan and will be opened by April 2024.
The infrastructure developments along with the Dwarka expressway have immense potential for growth. Excellent connectivity with the rest of areas, rich infrastructure, and the presence of vital amenities will make it a significant site for real estate investment. the world-class real estate project offers luxurious living experience for both end users and investors.
Transcending Geographical Boundaries: Dwarka Expressway’s Strategic Allure
The enchantment of Dwarka Expressway beckons, nestled within the confines of Gurgaon Sector 109, an enclave that unfurls an intricate tapestry of real estate investments. Within this landscape, residential properties intertwine seamlessly with their commercial counterparts, as the heartbeat of infrastructure development pulses vibrantly.
Traversing the expanse of Dwarka-Gurgaon Link Expressway, one finds oneself entwined in the narrative of New Gurgaon, a realm where property appreciation metamorphoses into tangible investment opportunities. Affordable housing extends its embrace, coalescing harmoniously with the allure of luxury apartments, beckoning the discerning investor.
The sinews of connectivity weave through this narrative, reaching a crescendo in proximity to IGI Airport. Dwarka Expressway projects, like beacons of promise, beckon forward as an emerging real estate hub within the pantheon of Gurgaon’s real estate tapestry. Residential plots, strategically poised in Sector 21 Gurgaon, serve as the canvas for new residential developments, narrating tales of growth and prosperity.
In this area of possibilities, the allure of Dwarka Expressway transcends mere geographical matches. It epitomizes a confluence of strategic vision and investment acumen, inviting the astute investor to partake in the burgeoning saga of Gurgaon’s real estate evolution.
Why Dwarka Expressway Is The Future Of NCR Real Estate?
Dwarka Expressway stands as a beacon of the future in the industry of real estate, promising a landscape of unparalleled opportunities and growth. As we delve into the reasons behind its emergence as the next real estate powerhouse, a tapestry of potential unfolds.
Dwarka Expressway, also known as Northern Peripheral Road, seamlessly connects the national capital, Delhi, with the burgeoning city of Gurugram. This connectivity serves as a catalyst for attracting businesses, investors, and residents alike. With proximity to the Indira Gandhi International Airport and the proposed Diplomatic Enclave, the expressway emerges as a hub of convenience and accessibility.
The development of robust road networks, metro connectivity, and smart city initiatives positions it as a prime destination for those seeking a modern and well-connected lifestyle. The infrastructural investments not only enhance the living experience but also elevate the potential for commercial growth and investment returns.
Planned developments, mixed-use spaces, and sustainable architecture define the region, catering to the evolving needs of a diverse population. This forward-thinking approach not only ensures a high quality of life for residents but also establishes a foundation for sustained appreciation in property values.
The surge in commercial activity along the expressway further solidifies its status as a real estate frontier. As the business landscape expands, so does the demand for residential spaces, creating a symbiotic relationship that propels Dwarka Expressway into the echelons of real estate prominence.
Source-ETNOW
