India’s first eight-lane elevated highway, the Dwarka Expressway, is capturing the attention of investors due to its potential for value appreciation, enhanced connectivity, and improved accessibility. The ambitious project, unveiled by the Union Road Transport and Highways Minister in May 2023, aims to seamlessly connect various areas and provide a direct link to the Indira Gandhi International Airport.
With its completion expected next year, the Dwarka Expressway promises to reduce travel times, alleviate congestion, and offer a more efficient commuting experience. It is strategically situated near the Delhi-Mumbai Expressway, making it a prime investment destination.
The completion of the Dwarka Expressway is anticipated to have a transformative impact on the real estate market in the region. The Northern Peripheral Road, a part of the expressway, has already witnessed a surge in demand and price growth. Housing prices around the Dwarka Expressway have spiked by an astonishing 59% in the last fiscal year, highlighting the lucrative opportunities awaiting real estate investors.
The development of the Dwarka Expressway has led to the emergence of various real estate projects in its vicinity. The Haryana government’s Global City Project and the construction of the Indian International Convention Centre further contribute to the region’s economic development and attract significant investments.
As construction progresses along the Dwarka Expressway, developers are tailoring their plans to cater to the diverse needs of potential homebuyers. The region offers a wide range of real estate options, including independent floors, plots, apartments, and villas, making it a thriving real estate hub.
For astute homebuyers seeking an investment in a secure future, the Dwarka Expressway offers a tapestry of lucrative opportunities. The region not only provides improved accessibility and remarkable price appreciation potential but also benefits from a rapidly growing market. With a variety of emerging projects, the Dwarka Expressway offers dream homes for individuals seeking attractive returns and a premium lifestyle.
The Dwarka Expressway stands as a proud testament to the synergy between infrastructure development and real estate growth in India. It presents investors with a gateway to a future of boundless possibilities, embodying the aspirations of an entire nation for a brighter tomorrow.
– Union Road Transport and Highways Ministry
– CREDAI, Colliers, and Liases Foras report