With the Haryana Government’s visionary plan to introduce Transit Oriented Development (TOD) linked Floor Area Ratio (FAR), Dwarka Expressway is poised to undergo a transformation of monumental proportions, turning it into a “Skyscraper City.” This bold policy move is not just about constructing tall buildings; it’s about reimagining urban living in the National Capital Region (NCR).
“The TOD policy along Dwarka Expressway is a game-changer. It grants developers the privilege of additional FAR, paving the way for the construction of some of the NCR’s tallest buildings. But more than just a quest for height, it’s a step towards sustainable, transit-oriented urban development. By encouraging vertical growth, the policy aligns with urban planning objectives, curbing congestion and pollution,” says Nayan Raheja, Raheja Developers.
“This monumental shift in urban planning will transform the skyline. Dwarka Expressway is on the verge of witnessing the construction of some of the tallest buildings in the NCR due to the new FAR rules. It will not only add a touch of grandeur to the region but also signifies a strategic shift in NCR’s urban development,” says Rajesh K Saraf, MD, Axiom Landbase.
However, the transformation doesn’t stop at skyscrapers. The Haryana Government’s holistic vision encompasses multiple facets. The plan includes the introduction of a new metro line along the expressway, giving commuters a seamless and convenient mode of transportation. Simultaneously, the government is working tirelessly to develop a Global City in sectors 36B and 37B, ushering in a new era for Dwarka Expressway.
“This ambitious endeavour is set to elevate Dwarka Expressway to a status on par with global metropolises like Dubai and Singapore. Coupled with the new FAR proposals, the upcoming Global City, which is a comprehensive masterstroke that will include residential, commercial, institutional, and recreational hubs catering to the diverse needs of the populace and multinational companies alike, will raise the lifestyle quotient of the area,” says Naveen Kumar, MD, Navraj Group.
“The inclusive approach of the Haryana government, encompassing residential, commercial, institutional, and recreational elements, will create a self-sustaining environment that will cater to diverse requirements. This approach signifies a well-thought-out strategy that ensures the region’s long-term growth and prosperity. It will also phenomenally increase the ROI of the region. The time to invest in Dwarka Expressway is now,” says Rajjath Goel, MD, MRG Group
The Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) has already initiated a tender process worth Rs 931 crore to transform this vision into reality. The planned Global City, sprawling over 1,003 acres in and around sectors 36B and 37B, is set to revolutionise the landscape of Dwarka Expressway. This mammoth project promises to catalyse unprecedented growth and development in the region.
With the TOD-linked FAR policy, the new metro line, and the upcoming Global City, Dwarka Expressway is poised to become a bustling hub of activity, offering residents a modern, sustainable, and well-connected lifestyle. It’s not just about tall buildings; it’s about reshaping the future of urban living in the NCR and beyond. Dwarka Expressway is ready to ascend to new heights, both literally and figuratively, and it’s an exciting journey that we should all be eager to witness.