The Dwarka Expressway has rapidly emerged as a premier choice for investors in the bustling real estate sector of Delhi-NCR. Its strategic importance in national infrastructure plans has significantly driven economic growth and transformed Gurugram’s skyline.
The recent operational launch of an underpass on the Dwarka Expressway has enhanced traffic management and accessibility, bolstering the area’s appeal for investments. The segment inaugurated by Prime Minister Narendra Modi in Gurugram has seen a surge in property values, presenting significant opportunities for investors and potential homeowners. This zone is now recognized as a prime location for upscale residential and commercial developments, positioning it as a sought-after sub-market in the National Capital Region.
Mohit Malhotra, Founder and CEO of NEOLIV, commented, “Haryana portion of the long awaited Northern Peripheral road (also known Dwarka Expressway) is now serving as a pivotal milestone in enhancing creation of high growth residential pockets via seamless connectivity and mobility.
Efforts such as metro expansion, upgraded public transport, road extensions, and new flyovers have significantly raised the area’s attractiveness. These enhancements support homebuyers seeking a contemporary lifestyle with seamless connectivity to Delhi and other critical areas.
Sharing his views, Mr. Vineet Dawar, Senior VP of Sales & Strategy at Elan Group, mentioned that, “Dwarka Expressway is fast emerging as a prime location for real estate investment due to a confluence of factors. Its strategic positioning within NCR offers excellent connectivity, potentially linking residents to key business districts, airport, and major transportation hubs. The expressway itself is designed for efficient travel, further enhancing accessibility.
“Additionally, the area boasts a flourishing corporate landscape, creating job opportunities and attracting a growing workforce, which in turn fuels demand for housing. Furthermore, ongoing infrastructure enhancements beyond just the expressway and the limited supply of luxury homes are expected to make the entire location even more desirable. Once the expressway is fully operational, its potential for improved connectivity will be fully realized, likely leading to a significant rise in property values.”
Additionally, the region is experiencing the emergence of high-end business parks and office complexes, fostering a vibrant commercial ecosystem. The advancements in the expressway’s infrastructure are attracting various businesses, which are driving the development of retail projects and mixed-use complexes.
Adding to this, Vivek Singhal, CEO of Smartworld Developers, said, “The residential segment is expected to spearhead this phenomenal growth, reflecting the changing preferences of homebuyers. The presence of thriving commercial hubs, robust social infrastructure, and impeccable connectivity has cemented the region’s reputation as an unbeatable real estate option.
“The locality boasts exceptional connectivity, enhanced infrastructure, and a dynamic blend of retail and residential developments, making it an alluring and financially rewarding investment opportunity. The swift progress in infrastructure deserves commendation for its role in bolstering investor confidence and attracting prospective homebuyers, ultimately contributing to this remarkable achievement.”
Aman Nagar, JMD of Paras Buildtech, commented, “The inauguration of the Dwarka Expressway has brought transformation in the commercial real estate landscape of the area. The region’s improved connectivity and infrastructure is expected to draw businesses and investors, leading to an increase in the demand for commercial real estate.
“The shortened travel time between Delhi and Gurgaon has facilitate an easy access to both markets, generating fresh prospects for growth and expansion. Consequently, the demand for office and retail space is expected to escalate, with businesses vying to establish a foothold in the area. As the local economy burgeons, a corresponding rise in the demand for amenities and services is projected to create openings for investors and developers to construct retail and hospitality projects.”
Shashank Vashishtha, Executive Director of Exp Realty India, added, “The expressway’s state-of-the-art infrastructure and exceptional connectivity have transformed it into an exceedingly desirable location for real estate investments in the National Capital Region (NCR), enticing both end-users and investors. Expert analysts forecast a noteworthy transformation in the real estate industry, as improved infrastructure and connectivity invite more businesses and investors, stimulating the demand for office and retail space. ”
The Dwarka Expressway’s strategic importance and ongoing infrastructure advancements have made it a top investment destination in the Delhi-NCR real estate market. Its rapid transformation and the influx of high-end projects signal a promising future for this dynamic corridor, ensuring sustained economic growth and development.