Developing Real Estate Projects In Dwarka Expressway Belt

In Delhi, buying property has become quite difficult hence the NCR or specifically, Gurgaon is considered a perfect alternative for real estate and building projects. Here the construction projects have nurtured at an increasing rate in the past one decade. Many housing complexes, commercial hubs and several other infrastructures have been emerging out at a lightning fast rate and the projects are progressing rapidly. 

The newest area for development is the Dwarka Expressway or the highway that connects NH-8 to Dwarka. Several real estate projects have been undertaken in this zone which lies only two and a half kilometer away from the Indira Gandhi International Airport. The main job of the Expressway is to connect Delhi and Gurgaon but faster.It has lately emerged out of every legal issues or unwanted delay. Some of the noteworthy estate builders are constructing buildings in this belt.

The home buyers find this place favorable because of incredible infrastructural development with common facilities along with good connectivity of roads. Thus Dwarka Expressway has emerged to be perfect choice for real estate investors. In the northern zone of the country, NH-8 is considered the most congested segment as it is located near the capital city, Delhi. Delhi has many large industries and leading commercial complexes which employs a large mass of people hence there is a continuous travelling between Gurgaon and Delhi. Apart from the traffic problems, the Gurgaon toll also makes it tough for the travelers. The Expressway will relieve traffic in just a few days as it is already on the verge of completion.

Property buyers are very keen on this place because of the connectivity of Dwarka Expressway which provides other important facilities and good infrastructure in this zone. The belt is developed around a planned belt of opportunity. This will set an exemplary business section of the country. Many well knowngroups of schools and hospitals are developing properties adjacent to the Expressway. This provides incredibly good transport link to the main residential centers and the newly developed metro railway in the region. Property buyers are quite happy with the well designed infrastructure and newly developed shopping complexes and corporate sector in this region. The Hotels along the Expressway also attracts many buyers.

Land attainment issues along with several other problems have checked the development of the Expressway and have lead to some serious issues. But the state government along with constructors and stake holders of the region has put in relentless effort to accomplish the projects.

The Dwarka Expressway will be 150 m broad and 18 km in length with vast stretches of green on either side. The open green space covers around 60m on each side. Almost 14 km of the total construction is duly completed of the long 18 km and 800 meters of the remaining 4 km have been granted to the Indian Railway Department for over bridge construction. Still some 700 meters are used for HUDA utilities like water issues and HT Pillars. The disputes with the other 2.5 km is solved and now Dwarka Expressway is on the verge of completion and will soon be a new socio-commercial centreof Delhi NCR.

The Dwarka Expressway is now a hot investment field for the Investors of Delhi NCR. Being a neighbour to the airport, the property gets more attention than other estates of the region like the Noida Greater-Noida Expressway or the Yamuna Expressway. The distinguished property constructors have settled their projects around this zone which will surely attract many of the property investors.

Several commercial buildings and posh residential conglomerates are on their way to develop in this region. Some of them are already half constructed while others are in different levels of construction. It can be estimated that the Dwarka-Gurgaon region expansion will be a lot more different and developed five years from now.

The main features of this zone are it is not overpriced and basic commodities are easily available. It is very close to Gurgaon and the airport so the plot is not too far from a buzzing city.

Dwarka is an amalgamated location where the buyers can choose from any type of project. The budgets of the projects here vary in range. The price of the projects may vary from Rs. 3500 to Rs. 6000 per square feet and the price is solely based on the location of the plot. Private Township is also accessible in the place even though people try to opt for houses that are given by the Delhi Development Authority. As there are many options to choose from, investors can opt for the ones that suit their budget.

Dwarka even has Janta and LIG apartments which can be obtained at a very nominal price of Rs. 16 lakh. These units measure from 450 to 700 square feet and are of 1+1 design. Buyers are usually interested in buying plots at Dwarka Sector 10, 11, 16 and 22 as they seem to be a better option and are quite close to the developing belt. It is also estimated that most of the buyers of this region belong to the upper middle class and middle class working section who are employed in nearby area such as Janakpuri, Gurgaon or Mahipalpur

The infrastructural facilities are quite well developed in the Dwarka Expressway and adjacent places. It is surrounded by a franchise of esteemed academic institutes like the BalBhavan International School, Delhi Public School and Maxfort School. Every sector has its own shopping market for basic amenities.

The major shopping malls of this region are the Crown Mall and Vardhaman Star Citi Mall. They have outlets of different leading brands. In case of an emergency, the locality has proper facility of hospitals and dispensaries as well. Every residential complex has big parks and vast open areas which is why this region is preferred by many buyers.

Like all major cities, Dwarka also has its own developing metro station and proper transport facility for the travellers. The Delhi-Gurgaon Expressway joins with Dwarka via widely constructed roadways. It takes only an hour or so to travel the trivial 15 km distance from Dwarka to Gurgaon. Still the traffic jam can be a major factor during office time. The congestion and traffic of the Delhi-Gurgaon Expressway is likely to be reduced or shared when the Dwarka Expressway will be fully functional.