Northern Peripheral Road Finally Near Completion
Construction of highways is the responsibility of the National Highway Authority of India (NHAI). However, for building the same, land is required from different states. Procuring land, getting essential documents and then finally getting the construction work done is a humongous task. The northern peripheral road or Dwarka Expressway as it is popularly known as has been under construction for the past many years. With its completion, the destination will emerge as an alternative for real estate investors as well as end users. The expressway will link Mahipalpur in Delhi to Gurugram in Haryana, thereby facilitating easier traffic flow between Delhi and Gurugram. Another added advantage is the direct connectivity of Dwarka to IGI airport, thereby reducing commuting time considerably.
There is good news for residents of Delhi and NCR! The Dwarka Expressway is nearing completion as Haryana Urban Development Authority (HUDA) has finally handed over the entire stretch of land falling in Gurugram to NHAI for completion of the expressway. Out of the total 29 km stretch of the expressway, almost 19 km is in Gurugram while the remaining falls in Delhi. With handing over the land to NHAI, construction on the Gurugram stretch can finally be accomplished after almost 11 years since the inception.
With the completion of construction on the Dwarka Expressway project, seamless connectivity can be expected between the two cities of Gurugram and Delhi. This also offers an opportunity to encourage real estate near the surrounding localities. Many big conglomerates and real estate giants such as Raheja Group, DLF, Ansals, Hero Realty, Tata Housing, Godrej and Shapoorji Pallonji etc. have come up with residential and commercial options for people. This is one of the best times to invest money in real estate, with property prices expected to soar high post completion of the Dwarka Expressway.
With major real estate companies involved in providing planned infrastructural development of and around the 150-m wide expressway, people planning to either purchase or rent residential/commercial spaces are spoilt for choice. Real estate agents like South West Real Estate agent come to the rescue in such circumstances. Providing the best possible options to the clients as per their requirements and their budget, they offer their services for buying, selling or renting accommodations. Dwarka Expressway has emerged as one of the best things to have happened in real estate for the residents of Delhi and Gurugram.
