Dwarka Expressway - Hub for Residential Projects

According to industry estimates, currently New Gurgaon & Dwarka Expressway collectively have over 45,000 residential units under construction, a majority of which are likely to be delivered between 2015 and 2018.

Dwarka Expressway’s residential market has been one of the prime activity centers for investors and home buyers, as its housing supply is keeping pace with demand.

A report says that Gurgaon is the second largest contributor to the NCR’s residential market supply after the developing twin cities of Noida-Greater Noida.

Experts estimate that the developing pockets of New Gurgaon contribute 24% of the units under construction in the Delhi NCR region and within Gurgaon the emerging destination of Dwarka Expressway is significantly contributing to this supply.

The attractiveness of the real estate hot spots has increased even more because these fulfill the rising residential demand within the region with better-quality properties.

The new sectors falling under these regions have progressed to become the signposts of rapid development and massive commercial growth in the last few years.

Property expert say that realty development along Dwarka Expressway is being acclaimed as the home of high-income group individuals, as even the affordable apartment can only be had in the range of around Rs 50-60 Lacs. Hence to secure potential customers, there has been a contest to set up commercial locations on the expressway to obtain most of the business leverage. Also, in light of such comprehensive facilities in the form of a wide range of commercial and institutional establishments, the demand for residential units in Dwarka Expressway, too, has gone up in recent years.

Established and renowned developers like SS Group, Ansal Housing, Vatika, BPTP etc, have already launched projects and commenced construction on Dwarka Expressway. NCR-based SS Group is developing a couple of projects on Dwarka Expressway. They are developing one ultra luxury residential project in Sector 83 & one commercial project in Sector 86 Gurgaon.

The project is strategically located at the intersection of NH-8 and Dwarka Expressway, in Sector 83 & 86 Gurgaon. Its connectivity will be further enhanced by a new ISBT terminal and a proposed Metro station in the vicinity.

GURGAON IS THE QUICK SECOND LARGEST CONTRIBUTOR TO THE NCR'S RESIDENTIAL MARKET SUPPLY AFTER THE DEVELOPING TWIN CITIES OF NOIDA-GREATER BITES NOIDA, WITH THE DEVELOPING POCKETS OF NEW GURGAON CONTRIBUTING 24% OF THE UNITS UNDER CONSTRUCTION IN THE DELHI NCR REGION.

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