The Dwarka Expressway, a game-changer for Delhi-NCR connectivity, has revolutionized Gurgaon's real estate landscape. This 16-lane highway, connecting Gurugram to Delhi via Shiv Murti and Kherki Dhaula villages, offers direct access to the India International Convention Centre (IICC) and IGI Airport.

Soaring Property Values & Increased Sales

Industry experts like Nayan Raheja (Raheja Developers) acknowledge the transformative impact. "Year-on-year sales in Gurugram have surged by 67%, with the area valued at over ₹25,000 crore." Capitalizing on this growth, developers have invested heavily, acquiring land parcels worth ₹3,100 crore for upcoming projects (approx. 13,475) scheduled for launch in 2024.

Data-Driven Growth & Investment Potential

Rajjath Goel (MRG Group) highlights the price appreciation: "Average property prices near the expressway have jumped from ₹9600 to ₹11,300 per sq ft (Q4 2022-2023), reflecting a 6.5% QoQ growth, indicating sustained demand and investment potential."

Improved Connectivity & Infrastructure Boom

Sachin Gawri (RISE Infraventures) emphasizes the expressway's role as a gateway: "It significantly reduces travel time between Gurgaon and Delhi, unlocking real estate and infrastructural developments previously out of reach."

Strategic Location & Hub Proximity

The expressway's strategic location between Gurugram and Delhi's cyber cities, coupled with its proximity to business hubs like Cyber Hub, IMT Manesar, Udyog Vihar, and Aerocity, attracts significant foreign investments. This fosters commercial space creation and regional economic growth.

Investment Returns & Future Appreciation

Gurpal Singh Chawla (TREVOC) highlights the investment potential: "Properties near the expressway have seen a phenomenal 83% market value rise in the past decade. Around 80% of launched units have already sold. We're actively exploring land acquisition to offer lucrative deals."

Expected property appreciation of 20-40% within the next 2-3 years promises high returns for existing property owners.

Visionary Developments & A Thriving Future

The Haryana government's ambitious "Skyscraper City" project, inspired by global metropolises, is underway. The upcoming Global City project (1,003 acres) will be a comprehensive development with residential, commercial, institutional, and recreational spaces, catering to multinational companies and creating a vibrant ecosystem.

Focus on Regulatory Standards & Quality

Luxury housing projects prioritize adherence to regulatory standards, ensuring high construction and development benchmarks. Stringent checks on building codes, environmental regulations, and safety protocols provide assurance to both buyers and developers, establishing a trustworthy reputation for luxury housing in the region.

Dwarka Expressway: A Catalyst for Gurgaon's Real Estate Rise

The Dwarka Expressway has undeniably transformed adjoining regions into dynamic real estate hubs. Its exceptional infrastructure, improved connectivity, and strategic location continue to attract investments, drive property appreciation, and create new opportunities for developers and investors. As the region evolves, it promises a bright future for real estate growth and development, solidifying its position as a major NCR realty hotspot.

- Source: News18.com