The Dwarka Expressway, also known as the Northern Peripheral Expressway and has become the new hotspot for investments in recent times. This almost 30-km expressway that connects Mahipalpur in Delhi to Kherki Daula Toll Plaza, Gurugram in Haryana, and meets the NH-8 (now renamed NH48), has bolstered infrastructure development in that area.
Dwarka Expressway already has a positive cascading effect on real estate in the surrounding regions. Developers believe that property value in this area will appreciate since Delhi has witnessed a 6% hike in rental value in just one year.
The Dwarka Expressway offers an ideal investment opportunity in both residential and commercial aspects. There is a host of affordable to premium housing options available along this 29-km stretch. One should invest in a residential flat/apartment around this ever-growing locale.
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Why Buying Flats in Dwarka Expressway is a Great Idea?
Owning an apartment along the Dwarka Expressway is a promising investment. The locality is expected to be one of the most sought-after among homebuyers.
Here is a list of reasons to buy an apartment along this stretch that will fetch you a lifetime of benefits:
Urban Planning & Excellent Connectivity
The strategic location of the Dwarka Expressway ensures that it offers excellent connectivity to the Indira Gandhi International Airport, railway stations such as Palam Vihar, Delhi Cantonment, Bijwasan, etc., NH-8, and even the Southern Peripheral Road.
It is well connected to premium educational institutions, hospitals, malls, office spaces, and much more. Apartments in this area are ideal for those looking for seamless connectivity to the business district of DLF Cybercity and other office spaces.
Once the eight-lane expressway is completed, about 60% of the traffic from NH8 will be diverted, reducing congestion during peak hours. Since a substantial chunk of the employment force commutes from Delhi to Gurugram by road, this expressway comes as a blessing.
Best Facilities at Your Doorstep
Residential complexes built in this area have modern apartments, which provide world-class amenities and state-of-the-art infrastructure. Expansive lawns, parks, well-equipped gyms, sports arenas, and opulent clubhouses are some of the many amenities in these residential complexes. Daycare facilities for working parents are available in a few complexes.
Sectors 99 to 114 have become an educational hub, giving access to some of the city’s most reputed schools:
– Saint Paul’s School is only 0.3 km away
– MDS Public High School is about 2.5 km away
– Euro International School is 3.5 km away
– Vivekanand Public School is 4 km away
Premium healthcare facilities are also just a stone’s throw away along the Dwarka Expressway:
– The Signature Advanced Super Specialty Hospital is just 20 minutes away
– Shri Balaji Hospital and Trauma Centre is 25 minutes away
– Fortis Hospital is 30 minutes away
Upcoming developments such as the India International Convention (IIC) and Expo Centre, Diplomatic Enclave II, and Delhi’s largest transportation hub dot the expressway.
Malls and restaurants such as Ambience Mall, The Oberoi Hotel, and The Leela Hotel are all in close proximity. Each sector around Dwarka Expressway comes with its own market area that will cater to all your daily needs and requirements.
Must Visit: Luxury Flats in Dwarka Expressway
The strategic location of the expressway makes it attractive to homebuyers. This locality offers an excellent capital appreciation for investors. As per the data available, Dwarka Expressway has witnessed an appreciation in average capital ‘asks’ by nine percent in the last three years. From Rs. 4,760 per sq. ft. in 2018 to Rs. 5,200 per sq. ft. in 2020, and about Rs 6,000 per sq. ft. post the pandemic, there has been a steady appreciation of value in the locale.
Steep Growth Curve
Dwarka Expressway shows steep growth in property prices in the recent past. This has led to the development of numerous infrastructure projects along the stretch, in the form of Rapid Transport Systems, Industrial Corridors, IT, and SEZs. All these infrastructure projects will aid in unlocking the true potential of the real estate market.
The pandemic has also played a huge role in emphasising the need for one’s own home. Hence, homeowners are on the lookout for comfortable homes, which offer the utmost conveniences right at the doorstep.
The Dwarka Expressway is still under construction. This means that investing in the locale now will only fetch better returns in the future. Factors such as demonetisation, increase in Floor Area Ratio, and RERA has all contributed to the price drop currently. Investors can expect great returns in a few years. Dwarka Expressway is a homebuyer’s delight, especially those looking to settle in the next 3-5 years.
Better Air Quality
The air quality along the Dwarka Expressway is far better than in the rest of the region. This can be attributed to Delhi’s reserved greens, lesser traffic congestion, etc. Dwarka Expressway is one of the most preferred locations because of its cleaner, fresher air, which paves the way for a better quality of life for you and your children.
Must Visit: Villas in Dwarka Expressway
If you’re looking to invest in a residential property in and around Delhi-NCR, then upcoming and ready-to-move-in projects grazing the periphery of the Dwarka Expressway are ideal! These apartments are perfect for both living and investment purposes since they will always fetch higher returns soon. Many MNCs, SEZs, and other growth drivers of real estate will soon find their address in the locale, making it one of the most prominent markets in the country. Upon completion, the eight-lane expressway will reduce traffic congestion and offer a flawless and shorter commute.
Dwarka Expressway is home to some of the finest residential properties by reputed builders. SOBHA City, Gurugram – an Urban Park Residency is set amidst 157827 sqm of land that comes with both 2 and 3-bedroom residences. Surrounded by lush, expansive green patches, the ultra-luxurious project is home to two clubhouses spanning 40,000 sq. ft. giving you a breath of fresh air, all around the year. A large swimming pool, a full cricket pitch, basketball, and 16 other sports will bring out the fitness enthusiast in you.
SOBHA International City is an exclusive villa township in Sector 109 and 106, Gurugram that is spread over 607028 sqm. These presidential villas that are Ground + 2 floors with five bedrooms, a private elevator, and terrace gardens, are the epitome of luxury. The meticulously planned gated community with a densely landscaped environment has tree-lined avenues, a 65,000 sq. ft. clubhouse, and a rooftop swimming pool.
Get first-hand knowledge of the true SOBHA quality at the SOBHA Experience Centre. Click here to know more and book a site visit.