Year 2020 Looks Promising For Dwarka Expressway Realty Market
Smooth connectivity and strategic location are what make New Gurugram a popular destination. Proximity to airport, NH48 and Dwarka Expressway are one of the popular reasons for the boom in the real estate market of the region. The presence of KMP Expressway along with proposed Delhi-Gurugram SNB RRTS Corridor also adds to the area’s connectivity and thereby boosts the area’s housing market. Social infrastructure like educational institutes, hospitals, hotels, shopping avenue and entertainment zones are already present in New Gurugram adding to the comfort of homeowners.
Thanks to several advantages previously mentioned, New Gurugram has attracted attention from millennials for investment. New Gurugram’s real estate market witnessed a bright 2019 and the future looks promising too. Several developers in the region look forward to the new year with delight.
Amit Kaicker, Business Head, DLF, New Gurugram, believes that policy reforms and acts have empowered buyers in 2019 which has given confidence to the real estate market. The region of New Gurugram is the most active in the housing sector as per industry reports and 2020 looks promising for housing market real estate. According to him, the major trend that will rule the market is ready to move-in homes. The timely delivery of projects has encouraged buyers to invest in property. With excellent connectivity, infrastructure development and assured growth in the future has made New Gurugram and Dwarka Expressway prime locations for the housing market.
According to Anupam Varshney, Head, Sales & Marketing, Vatika Limited, a steady growth in the housing market in terms of sales and deliveries can be expected in 2020. With work going on in full swing on Dwarka Expressway, and toll issues resolved, the New Gurugram region will see a bright new year. With obstacles removed, big companies might be attracted to relocate their office to international standard commercial complexes like Vatika India Next City Center. This will attract work force in the area who would increase the housing demands in the region. Introduction of Dindayal Jan AwasYojna provides affordable housing in the region too.
CEO of AlphaCorp, Ashish Sarin says that with a plethora of options available in the residential and commercial sector, New Gurgaon attracts investment from millennials. With upcoming projects on dwarka expressway, the region will see exponential growth in terms of public transport thereby offering excellent connectivity to neighbouring areas. Development work in full swing is bound to attract investment and boost New Gurugram’s realty market.
