Dwarka Expressway: Hub for Commercial Projects

Dwarka Expressway stretch could turn out to be the Hub for commercial projects once it’s completed.




Millions of commuters can soon actually enjoy the drive between the NCR and Millennium City Gurgaon, as around 14km of the 18km-long Dwarka Expressway is ready and, the rest is expected to be completed by next year. This is indeed good news for those who have booked flats here, as it a sure signal for prospective end users and investors as once the Dwarka expressway becomes operational, prices are likely to shoot up and go beyond the reach of many of the fence sitters.

Commercial projects surrounding the expressway are among the best for real estate investment given their proximity to the international airport, the proposed Metro station, railway station.

Today, Dwarka Expressway has emerged as a prime destination. Investor experts are bullish about this area and say that it is poised for phenomenal growth with the best names in the realty industry having launched commercial projects here. This is the right time to invest as prices here have stabilized and would only rise, exponentially, here on.

Apart from smooth connectivity, planned urbanization and infrastructural development along Dwarka Expressway makes the area a favored destination for investors. When operational, the Dwarka expressway will act as a new business channel between Delhi and Gurgaon.

Various commercial options are available at lesser price than most places in Gurgaon. Ansal is coming up with Ansal Hub in Sector 83 which has retail shops; AMB Group will be launching its project AMB Selfie Square with high street retail shops, food zone, clubbing zone, spa & fitness etc.  SS Group brings SS Omnia in sector 86 which have retail, office, restaurant space as well as studio apartments.

Today, commercial development is visible near Dwarka Expressway. This area has been booming with IT-ITeS sectors, corporate offices, shopping malls, studio apartments etc. This will ensure that this area has enough employment opportunities and “walk to work“is not a dream. Many industry watchers have already begun calling Dwarka Expressway the centre of Gurgaon!

Property in Gurgaon

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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NEW GURGAON - INVESTOR'S PARADISE

New Gurgaon near Dwarka Expressway is an investor's paradise and analysts highly recommend projects in this area. 

According to the recent report, properties in as many as 30 sectors of Gurgaon have appreciated by more than 100% in the last four years. Development activities in New Gurgaon have given a new lease of life to the real estate activities in Gurgaon, after the merger of master plans of Gurgaon and Manesar.

At present, New Gurgaon is home to the highest number of professionals per sq km in the country and also has the third highest per capita income.

Top notch realty players and promoters like SS Group, Ansal API, Unitech, DLF, Vatika among others, were the pioneers in identifying Gurgaon as a strategic location and establishing it as the hub for residential and commercial projects.

The new sectors of New Gurgaon, including Golf Course Extension Road, NH-8, Dwarka Expressway & a proposed ISBT project is also going to see planned and effective civic infrastructure. Wider roads, less congestion, more open spaces, and easy commuting due to access to NH-8 and Dwarka Expressway are other advantages of investing in Gurgaon and its peripheral areas. All these factors promise good returns and make New Gurgaon an ideal destination for investment.

Over the years, new realty sectors of Gurgaon have seen vast improvement in infrastructure with the development of new roads and highways like Dwarka Expressway, NH 8 and better connectivity through the launch of Metro and Rapid Metro.

With the presence of over fifty listed companies in Fortune 500 and a large presence of almost all Indian blue-chip companies, Gurgaon is now the corporate capital of northern India.

As employment opportunities and industries grow in Gurgaon, many HNIs and investors are choosing to shift over there. This is evident from one of the recent reports which said that the maximum demand in Gurgaon was registered for units worth Rs 1 to 2 crore, closely followed by properties worth Rs 60 to 100 lakh for the quarter ending June 2014.

The New Gurgaon micro market is located towards the western periphery of Gurgaon. It is composed of Sectors 81, 81 A, 82, 82 A, 83, 84, 85, 86, 88, 89, 90, 91, 92, 93, 94, and 95 and promises to deliver over 26,000 residential units.

According to Gurgaon-Manesar Master Plan, 2031, New Gurgaon has been zoned primarily for residential development purposes. Most of the project launches took place between 2009 and 2012.

In the primary market, a number of premium projects were launched including The Leaf by SS Group in Sector 85, Ansal Hub by Ansal Housing in Sector 83, Burman GSC by Burman Group in Sectror 82A etc.

SS Group in New Gurgaon is set to change the skyline of the Millennium City, offering new avenues of growth development.  The group has diversified in Residential, Commercial projects with Brewery, Healthcare, Hospitality and Education.

New Gurgaon has grown and progressed beyond recognition over the last decade. It has Lofty skyscrapers and world-class townships define the skyline of the Delhi NCR's fastest growing satellite city.

A huge supply of quality residential & commercial real estate has helped the region grow fast, providing fresh minimum mass for the development of real estate in Gurgaon in the last couples of years.

New Gurgaon has nearly 48,000 units in the area, out of which over 3,100 apartments are getting ready for possession, with around 8,000 customers ready to move into SS Group City alone. SS Group is the largest developer in the region and is credited as the main driver of the development of Gurgaon. Its project, The Coralwood, is one of the most sought after projects in the New Gurgaon area. This gated township is located along with 85% green expanse. Located in close vicinity of the IGI airport, The Coralwood has the advantage of superb connectivity through the forthcoming Dwarka Gurgaon Expressway and NH8.

A host of new projects have been launched by SS Group in New Gurgaon along Dwarka Expressway & NH-8, connecting Gurgaon to Manesar.

Favoured by both budget-home as well as premium-home developers, some of the recent launches in the premium segment in and around SS Group’s the Coralwood include The Leaf, A Almeria etc. This has attracted high net worth buyers and investors who seek capital appreciation opportunities.

Properties in Gurgaon

New Commercial Projects in Millennium City Gurgaon

Gurgaon is at thunderstruck by seeing the new viable construction in the region of them. It has also become as one of the most favorite town to buy belongings in the country. Most of the foreigners & multi nations and are coming forward to invest over the city because of its infrastructure and its drastic development in the IT sectors. The leading constructions coming forward to build over there with own design which paves profit to them. They are constructing few IT parks in their own standards.

Commercial Properties in Gurgaon

Gurgaon provides the road and rail network and belongings choice to be a massive superlative one where there are numerous amenities are making in process. The belongings option in the town is one of the hit and it must be the reason behind the growth of the city. The firms that are in necessitate of human resource which give good reason for the increasing in the population that paves way to swarming with the building development. The rapid rail facility has brought a drastic change in the town. 

SS Omnia Sector 86 Gurgaon

SS Group bring SS Omnia New Commercial Project in sector 86 Gurgaon which offers a harmonious union of studio Apartments, retail space, quick service restaurants, and food courts along with many other points of interest.

It has HIGH STREET RETAIL with 1, 20,000 Sq. ft. approximately of shopping, restaurants & cafes. Serviced Apartments with 65,000 Sq. ft. approximately of finished luxury studio residences. BUSINESS SPACES with 7,500 Sq. ft. approximately of exclusive commercial space

Ansal Hub 2 Sector 83 Gurgaon                                                                                                                         

Ansal Hub 83 is a joint venture of Ansals Housing & Construction Ltd. and Samyak Projects Pvt. Ltd. This project is also known as Ansal Boulevard which is located in sector 83 and it’s in prime location of Millennium city Gurgaon.

This Project is the most awaited commercial project in Gurgaon. The project will be surrounded by 5 star hotels, residential projects, commercial spaces & several townships, which will yield good profit for its investors, as the place will bring in a great number of buyers.

Spaze Tristar Sector 92 Gurgaon

Spaze Tristar is located at Sector 92 Gurgaon. This project offers Retail shops and Service Apartments. Near to several Residential Townships Sare Group, Orris, 3C, DLF, Raheja, Ansal, Ramprastha and more. With dense residential development in the neighborhood, Spaze will prove to be really profitable for the investors. .

Market Square Sector 67 Gurgaon

Market Square is located at Sector 67, a prime location of Gurgaon. The project offers Retail shops. This project is open to sky market is adjoining the Bestech Park View Spa Next, Ansal Township & Ansal Esencia. The project enjoys close proximity to several Residential projects by well-known builders like Ireo, Ansal, Emaar MGF and more which gives an extra edge over others.

BPTP Centra One Sector 61 Gurgaon

BPTP Centra One is a high-end commercial complex located in Gurgaon, near extended Golf Course Road offering world class modern amenities with pleasant ambience and excellent connectivity to the airport. The center conforms to modern work environment with facilities like, high-speed lifts and state of the art security features.

Legend Heights Sector 80 Gurgaon

Innovative Legend Heights is an office cum shopping complex which is part of a unique mixed use land development. An innovative Infra developer Pvt. Ltd. has launched a Commercial project in sec 80, Gurgaon near NH 8. It offers Retail Space and Office Space for Buy, Sale, Lease, & Rent in Gurgaon with all aspects features and ultra modern amenities.

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Real Estate Activities in Millennium City Expands Border

Millennium City of Gurgaon have further picked up with the availability of fresh land released for the proposed construction of Kundli-Manesar-Palwal and Dwarka Expressway, and with Gurgaon Pataudi Road also brought into the mainstream developmental activities.

The new Master Plan of Gurgaon has merged Gurgaon and Manesar, bringing in around 23,000 hectares of additional land for development, which is expected to cater to the housing needs of 21 lakh more people.

Several new sectors along Dwarka Expressway like Sectors 95A, 95B, 89A, 89B, 86 83, and 99A are being developed as attractive destinations for upper middle class and upper class people.

    With improving infrastructure and interstate connectivity like KMP Expressway, Western and Eastern Peripheral Expressways, Dwarka Expressway, and 1,483km-long Delhi Mumbai Industrial Corridor (DMIC), the millennium city of Gurgaon is growing very fast. The new Master Plan, 2031, for Gurgaon-Manesar expands the existing city to create more residential, commercial and social infrastructure like hospitals, schools, playgrounds, and physical infrastructure. The new master plan will bring in around 23,000 hectares for fresh developments. In fact, the new master plan has given a new lease of life to its market.

The new plan will also help in containing prices in the city. The Haryana government has also approved a `high density policy' in its comprehensive housing policy to further improve the availability of affordable houses. Under this policy, development authorities like the Haryana Urban Development Authority (Huda) will now be empowered to increase the density of population in group-housing projects.

The permitted population has been increased to 100-120 people per acre, earlier it was 80-100 people per acre. It gave opportunities to developers to build more housing units per acre than they could have done earlier. To increase the land under commercial and residential development, the new master plan has de-reserved the land earmarked for special economic zones.

The new plan has indicated that there would be an adequate provision for all community facilities and services within the sectors. Having connectivity with Delhi through roads like the 150metre-wide Northern Peripheral Road (Dwarka Expressway) and the 90-metre-wide Southern Peripheral Road, the plan also includes three major roads connecting Delhi and Gurgaon like Vasant Kunj to MG Road, among others. The new plan has also proposed to develop connectivity within the Gurgaon Manesar area to Delhi as well.

The development of intra-city Metro system in Gurgaon has further helped in decongesting the city and provided commuters relief. A high-speed Metro service, Airport Express Link, between Dwarka & IFFCO Chowk (Gurgaon) has also been proposed.

The road beyond Sectors 63A and 67A that ends up on Sohna Road will be extended as a bypass of NH-8 in future and will relieve from heavy traffic congestion. A 60 metre wide road between industrial Sectors M3A and M4 will be further extended through the Aravali hills and the public zones along the KMP up to NH-8. This will create a great loop which will provide commuters an option to avoid travelling on NH-8. Development authorities like Huda, Municipal Corporation of Gurgaon, and Haryana Public Health Department have chalked up several proposals to develop the city in a planned way, which is expected to meet the increasing housing demand of the place.

Projects on Dwarka Expressway:-
SS Group The Leaf
Ansal Hub Boulevard

Ultra Luxury Projects By Reputed Builders on Dwarka Expressway

The developing sectors along Expressway are poised for stupendous growth. Best names in the real estate industry already launched luxury projects in this Area.

Dwarka Expressway offers planned development and has great potential for aspiring real estate developers like Ansal Housing, SS Group, Supertech, BPTP, Vatika etc. It carries good long-term potential, and given the overall market conditions and infrastructural issues, short-term challenges can easily be overcome, experts say.

The development of this stretch will not only reduce travel time between Delhi and Gurgaon, it will also open up avenues for planned commercial and urban development in the region.

Dwarka Expressway connects Dwarka with NH8, and brings Delhi and Gurgaon closer. The two existing roads connecting Delhi and Gurgaon, MG Road and the NH-8, are not enough to tackle the heavy traffic between Delhi and Gurgaon, and this new expressway will make connectivity between these two cities smoother and faster.

With world-class infrastructure and facilities, Dwarka Expressway promises to be a new channel of business and commerce between Delhi and Gurgaon. The Dwarka Expressway, only 2.5km from the IGI airport, will also connect 16 new residential sectors. The improvement in Haryana's power supply has changed the situation in the area--from one facing endemic power shortage to one that boasts of power surplus.

Four new power plants have been set up by the Haryana government, which will add up to making Dwarka Expressway a new hub of exciting developments in real estate.

SS Group, one of the largest realty developers in the NCR, is developing Luxury Residential Apartment 'The Leaf’ in sector 85 near Dwarka Expressway. Ansal Housing is also coming up with a Commercial Project as Ansal Boulevard in sector 83. This project is strategically located at the intersection of NH-8 and Dwarka Expressway.

 Here, one can enjoy an exclusive lifestyle and privacy amidst a larger, secure community. Its connectivity will be further enhanced by a new ISBT terminal and the proposed Metro station in close vicinity, the firm's spokesman said.

There would be schools, healthcare centers, police posts, clubs, a number of parks and plenty of open spaces with taxi stands in this area. A recent survey by Knight Frank pegs returns on investment at 108%, by 2017, along Dwarka Expressway. Moreover, the development is well-connected to the central business districts of Gurgaon, the new hospitality and leisure hub, Aerocity, and the IGI airport.

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