The Dwarka Expressway, also known as the Northern Peripheral Road (NPR) has recently emerged as one of the most desired realty hotspots in Delhi NCR. This 29-km stretch by the National Highways Authority of India (NHAI) connects Mahipalpur in Delhi to Kherki Daula Toll Plaza, Gurugram in Haryana.
Its close proximity to Delhi guarantees to attract footfall in the next couple of years, thus making it a buzzing real estate destination in the National Capital Region. Owing to its strategic position, seamless connectivity, and infrastructural development, this extended corridor promises to be one of the best real estate investments for both home buyers and commercial investors. The region not only proposes location benefits but has a progressive blueprint for a modern city. If you take a drive down the highway, you’ll realize how well-planned the area is.
Another vital reason behind its popularity is the fact that the area caters to all price points, starting from affordable, mid-income, and premium leading up to luxury and ultra luxury projects. Developers believe that property value in this area will appreciate since Delhi NCR has witnessed a whopping 40% upswing in rental value in the last year. Each micro-market within NCR is seeing positive traction, especially in Gurugram where developers are bringing newer offerings with enhanced amenities of security and lifestyle.
Amongst the major localities lying along the Dwarka Expressway, a few own the highest real estate potential. Some of the pockets that are rapidly becoming the residential hubs are Sector 88, 92, 99, 104, 106, 108, 109. Nestled at the prime location, these sectors are upcoming well-planned markets with quality infrastructure and proper connectivity. Close proximity to IGI Airport and best facilities in the vicinity make these pockets ideal destination for residential development.
Investing in residential property along the Dwarka Expressway is a smart move as the area is anticipated to be one of the most desired among homebuyers. Here are some compelling reasons to consider purchasing a property along this stretch that will fetch you long-term benefits:
With its strategic location, the Dwarka Expressway offers unparalleled connectivity to a range of destinations, including the Indira Gandhi Airport, Palam Vihar, Delhi Cantt, Bijwasan, NH-8, and the Southern Peripheral Road.
Additionally, this area boasts seamless connection to top-tier educational institutions, hospitals, malls, office spaces, and much more. Residences in this locality is an ideal choice for those seeking easy access to the business district of DLF Cybercity and other office spaces.
Once the eight-lane expressway is fully operational, about 60% of traffic from NH-8 will be diverted, reducing congestion during peak hours. Since a significant chunk of workforce commutes from Delhi to Gurugram by road, this expressway is undoubtedly a blessing.
The residential complexes constructed in this region offer contemporary apartments with exceptional amenities and cutting-edge infrastructure. These complexes feature expansive lawns, parks, well-equipped gyms, sports arenas, and luxurious clubhouses amongst many facilities.
Sectors 99 to 114 have emerged as an education hub, providing access to some of the most prestigious schools in the city, including Saint Paul’s School, MDS Public High School, Euro International School, and Vivekanand Public School, which are located within a range of 3kms.
Premium healthcare facilities are also conveniently located along the expressway. The Signature Advanced Super Specialty Hospital is a mere 20-minute drive away, while Shri Balaji Hospital and Trauma Centre can be reached in 25 minutes, and Fortis Hospital in 30 minutes.
The corridor is spotted with a myriad of upcoming developments, such as the India International Convention (IIC) and Expo Centre, Diplomatic Enclave II, and Delhi’s Largest transportation hub. Additionally, popular restaurants and shopping destinations like Ambience Mall, The Leela Hotel, and The Oberoi Hotel are all in close vicinity. Each sector along Dwarka Expressway boasts its own market area that caters to all your needs and requirements.
The privileged location of the expressway is a major draw for homebuyers, while also presenting an opportunity for investors to reap outstanding capital appreciation. As per the data available, flat/ apartment prices in Dwarka Expressway have witnessed an uprise of 23% in the last 1 year, 40.6% in the last 3 years, and 61.2% in the last 5 years. With smooth connectivity and good infrastructure, this region holds a bright and promising future ahead.
Away from the city’s hustle-bustle, this area provides a serene and healthy living environment. The air quality along the Dwarka Expressway is significantly better as compared to the rest of the region, credited to Delhi’s reserved greens, lesser traffic congestion, etc. As a result, the locale is highly sought-after, offering cleaner, fresher air that promotes a higher quality of life for you and your family.
Dwarka Expressway has seen a recent upsurge in property prices, that has spurred the development of various infrastructure projects, including Rapid Transport Systems, Industrial Corridors, IT, and SEZs. All these projects are expected to unlock the full potential of the realty market. Moreover, the pandemic also played a vital role in creating a need for one’s own home. New-age homebuyers are actively seeking premium homes offering a perfect blend of comfort, convenience, and luxury. Hence, this expressway is a homebuyer’s delight, especially for those wanting to settle in the next 3-5 years.
If you are considering investing in residential property in Delhi NCR, then there is a plethora of upcoming and ready-to-move-in high-end projects offering the best-in-class design, modern functionality, and comfortable living. These residences are ideal for settling as well as for investment, given the high returns and better quality of living. Several MNCs, SEZs, and other growth drivers of real estate are also making their presence in the region, creating interest among reputed developers & homebuyers and rewarding the locale soon with the tag of “one of the most sought-after realty pockets in Delhi NCR”.
MRG Group is a conglomerate of companies operating since decades in the agro sector, financial sectors, education sector with a Pan India presence. With the reputation we own on an account of the great leadership and holistic skills we possess, we have now laid firm steps in the real estate sector. Our experience and commitment render us the ability to reach desired goals and objectives in any business we take in our hands. With this zeal and acumen, we’ve ventured into real estate with a strong vision. We strive to maintain the quality standards we’ve set.
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