Tuesday, May 21, 2024
Tuesday, May 21, 2024
HomeINB EnglishDwarka Expressway will become the center of development, lakhs of people will...

Dwarka Expressway will become the center of development, lakhs of people will benefit

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The inauguration of a segment of the Dwarka Expressway by Prime Minister Narendra Modi heralds a new era of convenience for travel between Delhi and Gurugram. This development not only promises easier commutes but also signifies the dawn of a new phase of growth and progress. Residential projects and infrastructure developments along the expressway are poised to witness a surge in momentum.

In the initial phase, traffic will flow from the western border of Delhi to the Khedki Daula Toll Plaza on the Delhi-Jaipur National Highway in Haryana, covering a distance of 19 kilometers. During the inauguration, the Prime Minister also inspected a 10-kilometer stretch of the expressway currently under construction within Delhi’s jurisdiction. With a total length of 29 kilometers and a cost of Rs 9,000 crore, the Dwarka Expressway’s construction has been a monumental undertaking, with 18 kilometers falling within Gurugram’s borders, unveiled by the Prime Minister today.

Experts assert that the Dwarka Expressway has been a catalyst for real estate development in Gurugram, positioning it as a premier destination for residential and investment ventures. This infrastructure project has proven to be a game-changer, offering lucrative investment opportunities for developers, investors, and prospective homeowners alike.

Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd. said, “The unveiling of the Gurgaon segment of the Dwarka Expressway marks a significant milestone for the real estate sector and the Millennium City, radiating optimism and growth. This state-of-art project includes a modern eight-lane expressway, which strategically connects key locations of Delhi and Gurugram and reshaping the landscape of Gurgaon’s property market. The project stands as a testament to the government’s dedication to fostering a dynamic urban centre. As the expressway undergoes phased development, it is contributing significantly in the progress of across the city locations, drawing attention from both homebuyers and investors alike. This new expressway would not only provide a better connectivity for the close vicinity and locations of SPR, New Gurugram & Sector 37D at Dwarka Expressway, it would be a catalyst for price appreciation and promises a bright future for the real estate market in the region.”

Rohit Mohan, Senior Vice President of BPTP Group said, “The Dwarka Expressway is poised to revolutionize the real estate industry by significantly reducing travel time between Delhi and Gurugram. As a result, property prices are on the rise, fueled by increasing demand for both residential and commercial properties. This presents a lucrative opportunity for investment, with Sector 37D emerging as a particularly promising location. Its strategic positioning along the bustling Dwarka Expressway makes it highly attractive to prospective buyers and investors alike. With improved connectivity and accessibility, coupled with the anticipation of future development projects, Sector 37D is witnessing a surge in interest. As the demand for properties in this area continues to soar, it offers the potential for substantial returns on investment. For individuals seeking to capitalize on the burgeoning real estate market in Gurugram, investing in Sector 37D presents a compelling opportunity for long-term growth and profitability.”

Kushagr Ansal, Director Ansal Housing and President CREDAI Haryana said, “The opening of the Dwarka Expressway by the Hon’ble Prime Minister is a turning point for the region’s real estate development and prospects. Coupled with the Haryana government’s ambitious plans to catalyze residential and commercial realty development along this road, the Dwarka Expressway has all the portents to emerge as one of NCR’s most happening real estate hubs. It is close to Gurugram, within an easy drive from the Indira Gandhi International Airport, and with plans to align with the proposed Delhi-Jaipur Super Expressway, the present and future potential is enormous. Sectors along Dwarka Expressway promise high ROI.”

Nayan Raheja of Raheja Developers said, “The inauguration of NCR’s most-awaited connectivity development, Dwarka Expressway, has been a prominent move for us as it has elevated the real estate market of the sectors along the stretch. The development has not only eased commute with the national capital but has also increased investment across projects from both residential and commercial segments. With tremendous price appreciation of properties ever since the construction of the stretch began, the Expressway has brought a boost to the region’s economy as well as its allure, with numerous amenities being developed along the route.”

Rajjath Goel, Managing Director, MRG Group said, “Dwarka Expressway has the potential to drastically transform the real estate sector by reducing the travel time between Delhi and Gurugram. Consequently, with rising demand for both residential and commercial buildings, the development is leading to an increase in property prices at a faster pace. The Dwarka Expressway hosts all the factors of being one of the most active real estate centres in the National Capital Region (NCR), especially in light of the Haryana government’s grand intentions to stimulate residential and commercial real estate development along this route.”

Sachin Gawri, Founder and CEO, RISE Infraventures said, “The opening of the Dwarka Expressway by our Hon’ble Prime Minister is one of the most-awaited developments for Gurugram’s real estate, as the expansion has significantly boosted the area’s appeal among investors. Gurugram has witnessed a surge in the number of developers and investors due to the easy access it has provided to potential buyers in the area, inviting investors to different sectors of Gurugram along the way. The section is worth investing in since it offers improved access to significant locations, including IGI Airport while promising a remarkable return on investment.

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