Dwarka Expressway Records 58% YoY Growth in Housing Projects

Gurgaon is a city where everything just fits like a piece of a puzzle, like it was meant to be that way. Here, each building tells a story, each development has meaning, and each turn has charisma. It is a center of attention in the NCR with the Cybercity, commercial hubs, Golf Course Road, and whatnot. With so much to offer, well, connectivity is very much necessary, and Dwarka Expressway did just that. It connected Delhi with Gurgaon, reduced the travel time towards the bustling city, gave a much faster route to reach the IGI Airport, connected us to NH8, and also helped us connect to the massive Delhi-Mumbai Expressway. This establishment was that puzzle piece which was very much needed, and the wonder it is creating is one to talk about.

The 58% Growth

Dwarka Expressway has been identified as the fastest-growing real estate sector in India, recording an exceptional 58% year-on-year growth in housing prices during the last quarter, making it the highest in the country, according to CREDAI. This surge has surpassed all the cities and micro markets in the country, putting Dwarka Expressway as the leading real estate corridor in the NCR and the country. The Chairman of Signature Global said that “Dwarka Expressway has evolved the real estate market in a much dynamic way, showcasing the demand for well-planned, infrastructure-driven developments”. As Home buyers prioritize better amenities and well-planned communities, the regional real estate sector continues to prosper.

Projects on Dwarka Expressway

Dwarka Expressway is still very new and has a huge land bank with very few projects in reach, This corridor is exponentially expanding its existence and giving amazing results as we discussed above. Some projects to look out for on this beautiful corridor are:

Elan The Emperor

Located in sector 106, Elan the Emperor is a luxury segment housing project that offers apartments starting from the size of 4400 sqft at the starting price of ₹ 12 Cr*. This project offers a very lavish clubhouse and many state-of-the-art amenities that make it one of the most awaited projects on Dwarka Expressway.

Hero Homes, The Palatial

The Palatial by Hero Homes is a mid-segment housing project comprising 3 and 4-BHK options starting from ₹4.5 Cr* and apartment sizes from 2800 sqft onward. This project will have a European-inspired design, amazing interiors, infrastructure, and premium amenities.

Sobha City

Sobha City is a ready-to-move-in project on the Dwarka Expressway, Sector 108. Spread over 39 acres, this project has 8.5 acres of green space right in the centre, giving all 22 towers a fresh view all the time. It offers 2,3, and 4 BHK house options starting from 1381 sqft.

Final Verdict

Dwarka Expressway has further boosted Gurgaon's booming real estate industry. It is safe to say that this corridor will be one of the country's most essential passageways, providing convenient and efficient connectivity with major highways and expressways connecting the NCR. As we move forward, the demand for practical housing with better connectivity will rise, making an increase in value in the Dwarka Expressway inevitable. If you had to buy a property on this corridor, would it be an apartment or a plot? Let us know.

Source: Propnews