How is the Dwarka Expressway, Gurgaon for investment?
The real estate sector in India is seeing exponential growth with new areas being developed in most cities to accommodate the growing population. Apart from buildings, infrastructure including such as roads, highways, etc. contribute to the growth of the region. Well connected excellent roadway and railway help in improving the worth of any location, apart from the presence of several job avenues. Dwarka Expressway is one such region in NCR which has generated immense buzz in the real estate sector. The region has attracted several property developers as well as buyers and is considered an excellent option for investment.
What makes Dwarka expressway a sound investment?
Despite the presence of several areas in NCR like NOIDA, Ghaziabad, Sohna, etc Dwarka expressway has emerged as one of the popular options when it comes to investment in property. This can be attributed to the following reasons:
- The congestion on the Gurgaon highway and NH-8 will be reduced considerably offering the residents of the region an option to commute between Delhi and Gurgaon. Since Gurgaon is the technological and IT hub of NCR with several MNCs having offices there, townships on Dwarka expressway will be highly sought after once the expressway construction is complete.
- Currently the rates of property are affordable thanks to various factors like RERA, demonetisation etc. When the construction of Dwarka expressway is completed a rise in property prices is expected which will increase your investment considerably.
- Since the area around Dwarka expressway is being developed asper Gurgaon Master Plan 2021, the property here is affordable and relatively larger in area compared to other parts of NCR. Moreover, you get the option to choose from world-class projects by the best real estate giants like SOBHA, DLF, TATA Housing, ATS, Indiabulls, Raheja etc.
- The region is expected to get metro connectivity as well as an Inter State Bus Terminal which will further enhance the value of property in the region. Additionally, direct connectivity to IGI airport and the proposed diplomatic enclave will also contribute to the rising property prices in the area.
- Work on electricity cable laying, water supply and sewage disposal system apart from other public utilities are proposed by state government and are under construction to provide a world class infrastructure to residents of the area.
Since purchasing property is a big decision, people are often confused regarding whether they are making the right choice. Purchasing property along major expressways like Dwarka expressway is expected to yield higher profit compared to any other location. Thus, if you are interested in investing in property (residential or commercial), this is the best time to invest in property in Dwarka Expressway, Gurgaon.