Dwarka Expressway has created much hullabaloo in the real estate market of the Delhi-NCR. Top real estate developers have assured and re-assured about putting your money in this eight-lane expressway. Also known as the Northern Peripheral Expressway, it covers areas such as Bijwasan, New Palam Vihar, Kherki Daula and finally meets the NH-8.
Ideal for investment purpose
If you are an end-user then plan to invest in someplace else. Dwarka Expressway is excellent for people who wish to invest with a horizon of 3-5 years. Like Sohna Road in Gurgaon, the Expressway will be in proximity with commercial areas in sectors 105, 106, 109, 110, 110A, 111, 112, 113 and 114. Sectors 100 and 101 will be used for public utilities.
Its close proximity to Delhi and IGI Airport will always ensure a quality price.
Better options for lesser amount
Because the stretch is still under construction, there are more chances of getting a good size apartment as compared to other areas in Gurgaon. Rakesh Kaul, CEO, Experion Developers Pvt Ltd. in Times Property Virtual Expo mentioned “Look at parking your money in sectors 108, 109 and 111 along the Dwarka Expressway to gain almost 50 per cent returns ....” This stretch will soon be at par in investment potential and will also surpass Sohna Road in appreciation, he added.
As per the new Master Plan, there will be a well-built 100m-wide roads connecting the area to the Metro corridor and the proposed diplomatic enclave. The 18km Expressway will be close to some SEZs that are coming up near Kherki Dhaula. This Expressway will reduce the travel time of commuters from west Delhi. It will be parallel to the NH8 till it merges ahead of the IFFCO Chowk.