National Capital Region or NCR accommodate huge population. With establishment of numerous industries, the potential of this area has raised to a new level. Many prefer to stay close to the NCR areas in order to have easy communication to their work places. Among all the NCR area, Dwarka is the most developing one. In past few years, this area has seen an immense rise in accumulation of population. Thus, HUDA or Haryana Urban Development Authority has taken up a project to ease the traffic of the area. The project is Northern Peripheral Road popularly known as Dwarka Expressway.
Knowing the Basics
The starting corridor of the road is in Dwarka and it will terminate on Kherki Dhaula on NH 8. This is an 18 Kms long project that is being developed in public private partnership model. This roadway will decrease the travel time for the commuters. Moreover, it will also prove to be an easy communication between the areas of Gurgaon and Delhi. With high quality construction, this expressway will prove to be one of the most comfortable motorways for the commuters. This developing roadway is expected to be completed within few months.
Effect on Real Estate
Development of communication always has a direct influence on the real estate of the area. Thus, there is a high rise in demand of Apartments near Dwarka Expressway. Renowned builders from all across the country are establishing their presence with high-quality buildings. Construction work is taking place at a rapid rate and around 50% of the apartments will be ready for possession within few months. Real estate experts are predicting lucrative future for properties in this area in terms of returns. Proximity of this road with international airport and Delhi area are also fueling its popularity.
The Current Trend
The area around the roadway is strictly developed as a residential hub. Developers are targeting to turn it in a posh location. Thus, there is rising construction of Luxury Apartments In Dwarka Expressway. Investing in property of this area at present will produce profit in long run.
Knowing the Basics
The starting corridor of the road is in Dwarka and it will terminate on Kherki Dhaula on NH 8. This is an 18 Kms long project that is being developed in public private partnership model. This roadway will decrease the travel time for the commuters. Moreover, it will also prove to be an easy communication between the areas of Gurgaon and Delhi. With high quality construction, this expressway will prove to be one of the most comfortable motorways for the commuters. This developing roadway is expected to be completed within few months.
Effect on Real Estate
Development of communication always has a direct influence on the real estate of the area. Thus, there is a high rise in demand of Apartments near Dwarka Expressway. Renowned builders from all across the country are establishing their presence with high-quality buildings. Construction work is taking place at a rapid rate and around 50% of the apartments will be ready for possession within few months. Real estate experts are predicting lucrative future for properties in this area in terms of returns. Proximity of this road with international airport and Delhi area are also fueling its popularity.
The Current Trend
The area around the roadway is strictly developed as a residential hub. Developers are targeting to turn it in a posh location. Thus, there is rising construction of Luxury Apartments In Dwarka Expressway. Investing in property of this area at present will produce profit in long run.
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