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.

Properties in Gurgaon

LUXURY REAL ESTATE MARKET OF GURGAON

Luxury Homes in Gurgaon

There was a time when the Realty Analysts used to doubt the caliber of Gurgaon’s Realty Market. Slowly and steadily the time has come when the city has become the first choice of people when it comes to investing in the Luxury Real Estate Market.

Young Professionals are driving the demand of Luxury Segment in Gurgaon. According to recent survey by Associated Chambers of Commerce and Industry of India (ASSOCHAM), urban youth aged between 24 to 35 years are the ones who are investing in the Real Estate.

The youngsters see Gurgaon as a city offering the right mix of lifestyle amenities, varied residential options and professional stability as well. The young buyers working in Multinational Companies are exposed to Global Living and prefer Multi Storeyed buildings to live in. 

They prefer living in present rather than worrying for the future. This psychology gives the young India the power to invest in the Luxury Segment. The sale of luxury projects has gone up by nearly 30% in past few years. When it comes to Luxury Residences, world-class amenities are what the builders compete on. The Luxury Residences start from the range of Rs 1.15 Crore. The price directly depends on the number of amenities being offered. When it comes to Gurgaon then the areas like Dwarka-Gurgaon Expressway, NH-8, and Golf Course Extension Road seem to be promising.

Many renowned builders like DLF, Vatika, Unitech, IREO, Homestead, Shoba Developers, Ansal API and more have already started to make their impression in the city. Different builders are playing different market strategies to mark their image in the market and shoot up their sales too.

Ireo has roped in the international hospitality chain Hyatt Hotels for its branded housing product, ‘Grand Hyatt Residences’ in Gurgaon. The range of the project will start from Rs 11 Crores. The project will offer 7-star like facilities to the residents.

Coming to Homestead, they are coming up with Branded Luxury Housing as well. They have announced a project ‘Ballet’ in Sector 72 Gurgaon. The project is inspired by Iconic Tennis Player Maria Sharapova. Sobha, one of the well known developers from Bangalore is coming up with Sobha International City in Gurgaon.

Puri Construction has also launched two high-end luxurious projects, Diplomatic Greens and Emerald Bay, in Sector 104 and Sectors 110-111 respectively. Vatika Express City also offers Luxury Living Options. Going with the experts, it seems that Gurgaon Market will continue to rule the Realty Market in NCR.

The main reason behind this is the amenities that the city offers be it Lifestyle, Amusement or Professional growth opportunities. Added to all this the increasing transportation facilities with other neighboring states, close proximity to the IGI airport, and Metro rail connectivity to Delhi, have also contributed to help Gurgaon reach to the  position as a preferred residential as well as commercial destination.

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