Your search results

Why Is The Dwarka Expressway So Important?

Posted by Deal Realtors on July 24, 2022
0

India is a developing country in many areas, whether it is the IT sector or any other sector. The improvement of the infrastructure is one of the primary drivers of development.

Dear friends Real estate is a kind of basic necessity for every business; however, in some regions, expressways and highways are built, making the properties nearby more lucrative and expensive, attracting new businesses, and fostering economic development. Similar initiatives are being taken in Dwarka, in New Gurugram, the road has not yet been fully constructed, despite having promising prospects.

The 8-lane expressway is to blame for the changes in the Gurugram real estate market.

We will talk about the Dwarka Expressway in this article, as well as how the expressway sparked social and economic growth:

Let’s talk about the expressway and its route first.

The Haryana government first proposed the Dwarka Expressway or northern peripheral road in 2006. It was divided into four sections, two of which were located in Delhi and the other two in Haryana. This 29 km long expressway has been under construction for the past seven years and will be finished in another 1.5 years.

  • Nitin Gadkari, the Union Transport Minister, stated last year that this work would be finished before August 15, 2022, but only for the Delhi Expressway
  • The 18.9 km of this expressway is constructed in Haryana and the remaining 10.1 km is in Delhi.
  • Along with the Shiv Murti and Sector 21, this road will begin in Mahipalpur, pass through Gurugram, and end in Kherki Dhaula, Haryana.
  • Budgeted at about 9,000 crores, the expressway from Delhi to Gurugram will improve connectivity from South Delhi Road and Dwarka.
    It will be an access control 8-lane highway being constructed under NHAI by J Kumar and Larsen and Toubro also known as 248- BB. Along with this, DMRC also planned a route for the Delhi metro train. However, the Haryana government must still approve this project as well as numerous others.

The Dwarka Expressway, also known as 248-BB, runs through New Gurugram. As a result of this expressway, numerous residential and commercial real estate projects have been developed.

A Boon In Real Estate

Dwarka has been spreading out through various locations in New Gurugram for many years, where many prosperous and affluent localities have emerged. With the assistance of numerous renowned developers, numerous high-quality developments are currently being made here.

Gurugram has become a fav hotspot for affordable, mid-priced premium and luxury homes, where Tata, Godrej, Shobha, Hero Group, Shahpoorji Pallonji, Signature Global, ATS and Puri Constructions are ready to take up these development projects.

 

What is the current status of Dwarka Expressway?

  • Currently, about 1 lakh people are living in various housing complexes and properties near the Dwarka Expressway.
  • In Dwarka, there are better options for those looking for quality 2 BHK–4 BHK flats.

On the Dwarka Expressway, there are many affordable homes for sale. These houses are being made available at affordable prices under the Haryana government affordable housing scheme or PMAY. Benefits for interest subsidies will also be offered under PMAY.

Affordable and budget-friendly prices will be offered for luxurious homes and lifestyles. The community centre, daycare facilities, landscaped gardens, children’s play area, jogging track, 24 hours power and convenient shopping.

Dwarka Expressway has kept tabs on numerous noteworthy and recent developments. Dwarka is receiving a significant boost from the Gurugram Metropolitan Development Authority’s (GMDA) comprehensive mobility plan.

New roads are being built as part of expressway construction projects to link Sectors 114, NRP, 108/106, and 125-114. Near Sector-10 and the Dwarka Expressway, two urban forests will be constructed.

The Dwarka Expressway also has a long list of new constructions that will make this a great place to invest in future. The Dwarka expressway will also increase employment opportunities for locals while reducing traffic-related pollution.

It will construct a sizable plantation alongside the expressway to reduce pollution. The pollution in Delhi NCR will be decreased thanks to these initiatives.

Leave a Reply

Your email address will not be published.

Compare Listings