Dwarka Expressway: An Emerging Real Estate Hotspot with Favorable Opportunities
With a strong emphasis on improving connectivity, promoting sustainable living, and attracting substantial investments, the future of Dwarka Expressway shines with optimism and promise.
Dwarka Expressway has emerged as one of the most desirable real estate hubs in the National Capital Region (NCR). Spanning 27 kilometers and boasting eight lanes, this expressway connects Dwarka in Delhi to NH-8 near Manesar in Haryana. Renowned real estate developers and prestigious entities in Delhi NCR have established their presence in this area. By alleviating traffic congestion on existing routes, this infrastructure project has become a vital link between various important destinations.
The nearness of Dwarka Expressway to Gurugram, a prominent business and IT hub in India, as well as its close proximity to the international airport, has played a significant role in its rise. The upcoming inauguration of the Gurugram section of Dwarka Expressway in June, with Prime Minister Narendra Modi at the helm, will further elevate the prospects of the region. The seamless connectivity it offers to important areas like Sohna Road, Golf Course Extension Road, and Manesar has greatly enhanced the potential for property value appreciation in the area. Furthermore, its connection to the Delhi-Mumbai Expressway, a part of the Delhi-Mumbai Industrial Corridor, has heightened the region’s appeal as a prime investment destination.
The Dwarka Expressway, spanning 29 kilometers and also referred to as the North Peripheral Road, has been constructed as part of the Bharatmala project. It symbolizes the future of the National Capital Region (NCR).
Dwarka Expressway is poised to become what Gurugram once was to Delhi. Over the past 3-4 years, property prices along the expressway have surged by nearly 80%. The road will bridge the gap between Gurugram and parts of Delhi such as Janakapuri, Pashchim Vihar, and Dwarka, further solidifying its growing prominence. Its proximity to The economic significance of the area is further amplified by its advantageous location near the IGI airport, the new diplomatic enclave, and the IICC.
This area is a thriving ground for residential neighborhoods, business parks, retail malls, and more, making it undoubtedly the region’s future,” says Ankit Kansal, MD of 360 Realtors.
The establishment of Dwarka Expressway has generated immense investment prospects and facilitated substantial growth within the region. Its seamless connectivity to key areas such as Sohna Road, Golf Course Extension Road, and Manesar has increased the potential for capital appreciation in properties along the expressway. The government’s focus on enhancing connectivity and infrastructure development, as demonstrated by initiatives like the Comprehensive Mobility Management Plan, further strengthens the positive outlook for Dwarka Expressway,” says Siddharth Katyal, Group Director of Omaxe Ltd.
The Haryana government is wholeheartedly dedicated to transforming Dwarka Expressway into a flourishing destination and has undertaken numerous projects in the region. The Gurugram Metropolitan Development Authority (GMDA) has introduced the Comprehensive Mobility Management Plan (CCMP) to enhance connectivity in the area, further bolstering its growth potential. Moreover, the construction of two urban forests utilizing the Japanese Miyawaki technology is currently underway. These forests will feature significantly denser and taller green covers compared to traditional plantations, creating a healthier and more sustainable living environment along Dwarka Expressway.
The region’s nearness to major commercial hubs, upcoming infrastructure projects, and the planned Diplomatic Enclave emphasize its potential as a lucrative investment destination. With the Haryana Government’s proactive approach and ongoing efforts to transform the area, Dwarka Expressway presents a promising future for real estate investors,” states Rajjath Goel, Managing Director of MRG Group.
Furthermore, the ambitious Global City Project, spearheaded by the Haryana Government and planned along Dwarka Expressway, has attracted substantial investments and significant development endeavors in the region. Notable projects like the India International Convention Centre, poised to become the largest convention center in Asia, and the planning of a Diplomatic Enclave akin to Chankyapuri in New Delhi, ensure that Dwarka Expressway promises both short-term returns and a high-quality lifestyle.
Naveen Kumar, Director of Navraj Group, expresses admiration for the Haryana Government’s vision for Dwarka Expressway. The implementation of urban forests using Miyawaki technology demonstrates their commitment to establishing a greener and healthier living environment. These initiatives not only enhance the aesthetics but also contribute to sustainable development. With prominent projects like the Global City Project and the India International Convention Centre on the horizon, Dwarka Expressway is poised to become a hub of economic and lifestyle opportunities.
The ambitious vision of the Haryana government for Dwarka Expressway is slowly becoming a reality, with numerous initiatives already put into action and many more in the planning stage. With a strong emphasis on improving connectivity, promoting sustainable living, and attracting significant investments, the future of Dwarka Expressway radiates with optimism and promise.
