Gurgaon and the real estate industry in Delhi-NCR are about to undergo a profound change with the fulfilment of Dwarka Expressway on August 15, 2022, which had over the years gained popularity as a high demand real estate corridor in NCR and Gurgaon in particular.
Nitin Gadkari, Transport and Highways Minister, declared last year that the long-awaited Dwarka Expressway project will be achieved on Independence Day in 2022. An elevated road measuring 29 km between Shiv Murti (Delhi) and Kherki Daula Toll (Gurgaon) on NH8 is the world’s longest elevated road (23 km). An 18.9 km segment of it comes in Gurgaon, and it has been developed as an 8-lane grade-separated road. There are additionally three-lane service roads on each side of the highway, along with four multi-level interchanges and crossroad underpasses at significant intersections. In recent years, Dwarka Expressway has become the most prestigious and affluent locality in Gurgaon. Various high-quality expansions by leading developers have made this area more exclusive. As such, this high profile locality of Gurgaon is a hot favourite with those searching for affordable, mid-priced, premium or luxury houses. The growth of this high potential area is being taken up by prominent developers like Hero Group, Godrej, Tata, Sobha Ltd, Signature Global, Shapoorji Pallonji, ATS, and Puri Constructions. As of now, the area in Dwarka Expressway is quite livable with well over a lakh people living in several group housing societies across several complexes in different sectors. For those seeking home ownership, there is a good selection of 2,3,4 BHK homes at a wide range of costs. In addition to large under-construction inventory, buyers can choose ready-to-move houses from a selection of high rise flats in gated community complexes or plotted housing developments. There are several affordable homes for sale on the Dwarka Expressway. They can be bought under the Haryana government’s affordable housing scheme via Pradhan Mantri Awas Yojana (PMAY), wherein house buyers can avail interest subsidies. Lifestyle homes that are affordable yet render the best of amenities such as daycare facility, community centre, landscaped garden, children’s play area, jogging track, 24-hour power and water supply, and suitable shopping within the community along with free maintenance for five years. Image Source
