In Gurugram, Haryana, property prices are higher than most areas in the Delhi-NCR region. The Delhi-Mumbai Expressway and the Haryana government’s ambitious Global City project have turned this locality into a property hotspot.
In recent months, not only have the rates surged significantly, but major builders and real estate companies in Haryana have also launched their projects here. In the days to come, this area is set to undergo substantial development. Investing here is a lucrative deal.
This area in Gurugram is situated on both sides of the Dwarka Expressway, covering the entire stretch. Not only is it emerging as a hub for development, but it’s also becoming the top choice for investment among people.
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It’s not just a thriving real estate zone in Gurugram but is gaining recognition as a dynamic real estate hub for the entire NCR region. This rapid transformation is reshaping the real estate landscape swiftly.
It’s noteworthy that this area is becoming the top choice for investment for several reasons. The 27-kilometer-long, 8-lane expressway connecting Dwarka in Delhi and Manesar in Haryana ensures a traffic jam-free commute.
This feature not only saves hours of travel time but also brings a significant advantage to the residents in the vicinity.
Excellent Connectivity to Airport, Delhi, and Gurugram
Navin Kumar, the Managing Director of Navraj Group, emphasizes that Gurugram’s status as a business and IT hub, along with the integration of the Dwarka Expressway and its accessibility to the international airport, makes this area the first choice for many.
The connectivity from the expressway to Delhi, Gurugram, Sohna Road, and the airport makes it a convenient and ideal place for both living and building homes.
Milestone in the Making: Skyscraper City on the Horizon
With an eye on the future, the Haryana government has introduced the Transit-Oriented Development (TOD) linked Floor Area Ratio (FAR) project, bringing transformative changes to the urban infrastructure of the region. Shantanu Gambhir, Co-founder and MD of Rise Infra Ventures Limited envisions creating a skyscraper city akin to global metropolises like New York, Dubai, and Singapore with the Global City project in the NCR.
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This initiative aims to redefine modern urban living in the NCR, similar to Mumbai’s vision. The project caters to diverse needs, including residential, commercial, institutional, and recreational spaces, aligning with the attractions of the Dwarka Expressway.
People are Investing in Luxury Homes
Dwarka Expressway has emerged as a prime destination for real estate investment, witnessing growth in both commercial and residential projects. Recent trends show an increased demand for luxury homes, with homebuyers prioritizing three BHK or larger residences.
According to Surendra Kaushik, MD of Aryan Realty Infratech Pvt. Ltd., there is a rising need for self-sufficient homes with dedicated spaces for work, leisure, and entertainment. This shift in preferences is fueling the rapid development of luxury residential projects along the Dwarka Expressway.
Global City is Just Around the Corner
Rajath Goyal, the Managing Director of MRG Group, highlights that the ambitious Global City project in Haryana, connected by the Delhi-Mumbai Expressway, has amplified opportunities for development and investment. This has propelled the Dwarka Expressway into a prominent real estate prospect, drawing attention from investors.
The Transit-Oriented Development (TOD) linked Floor Area Ratio (FAR) has further boosted the demand in the region.
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