Dwarka Expressway Gurgaon is rapidly emerging as a potential Real Estate investment destination. In the recent years this region has taken up a notch to being one of the most promising destinations to invest in real estate. With the IT and Corporate sectors close by, it has given better values on return on investments (ROIs) on commercial properties. Dwarka Expressway Gurgaon offers lucrative offers to home buyers too with premium residential projects launching every week.
Infrastructure You Can Count
The varied price range promises residences for both luxury and mediocre buyers. The infrastructure in Dwarka has shown a tremendous improvement in the last few years with improved roads and connectivity, availability of schools, hospitals, and banks in proximity of the residential complexes and a plethora of entertainment options including malls and restaurants. With improved roads and public transport like the Metro Rail, people can easily commute between Gurgaon, Delhi, NOIDA, Ghaziabad and other NCRs.
The Dwarka Expressway Gurgaon is a marvel of speedy development in the region. No wonder, buyers and investors alike are investing in properties here. Furthermore, the rising cost of the Dollars and the depreciating value of the Rupee have attracted several NRIs and foreign investors to grab a large chunk of residential and commercial properties in Gurgaon- Dwarka region. This has resulted in an exponential growth of the Realty market here.
Present Scenario of Dwarka’s Realty Sector
The Dwarka Expressway offers several perks. For instance, it shares proximity with the IGI Airport and has a Metro Station for easy commuting. Sector 106 along the Dwarka Expressway is rapidly emerging as an urban area, with robust social and civic infrastructure. It has a good collection of schools and hospitals, indicating that this region is adept for residential living. This sector offers cheaper land and property prices as compared to Gurgaon and yet offers premium quality living, with open green spaces and spacious apartments.
The cost of a 2, 3 or 4 BHK apartment in Dwarka ranges between Rs. 45 Lakhs to 1 crore, which is comparatively lowers as compared to the soaring property rates in Gurgaon- the basic cost of a 1 BHK starting at Rs. 50 Lakhs. Also, the payment plans offered by builders are lucrative. The buyers need to pay 15% of the total property cost upfront when they book the apartment and they can pay the balance amount in easy installments which is spread over a span of 15-20 months.
The posh area of Sector 106 includes the premium neighborhoods of Shanti Nagar and Vasant Vihar, which boast of all the modern amenities and facilities that is needed for good and healthy living. One the Dwarka Expressway is complete the real estate prices will shoot up by a considerable margin. Properties that are currently sold between Rs. 10,000- 11,000 per sq. ft will see an escalation of 15-20% in cost in the next one year.
Lucrative Projects for Buyers and Investors
Dwarka Expressway Gurgaon is witnessing a sea change in its development with several reputed builders launching their residential and commercial projects, here.
The builders here intend to create massive townships that hold educational institutions, hospitals, malls, banks and even smaller commercial areas for the residents.
This area is also looking forward to launch an IT hub along with the Hospitality establishment and a professional campus.
Some of the prominent builders are designing and building villas and houses in the 153 acre area that will thrive as a Smart City. Known as the “International City” the quality of life and apartments will be worth the effort.
The sectors of 106 and 109 are another great example of offering low cost housing solutions. The cost of a 2, 3 and 4 BHK apartments and the Penthouses here range between Rs. 50 Lakhs and up to Rs. 1.5 crores, with the area size between 1,385 and 4,500 sq ft.
With such lucrative residential projects the Dwarka Expressway stands ahead from its competitors on Delhi-NCR region.
What does the Future hold for Dwarka?
With numerous residential and commercial projects lauching rapidly, it is fair to say that the Dwarka Expressway is a safe bet for investment in the real estate in the coming times. With the completion of the Dwarka Expressway the property prices in the region are bound to seek an upward trend, yet this region will continue to be a hotspot for both mediocre and luxury buyers, who cannot enjoy a property in Gurgaon due to escalating costs.
The sprawling Dwarka Expressway shares its proximity with the International Airport and Railway station, daily commuting for people in Delhi-NCR will not be a challenge. The projected infrastructure growth in and around Dwarka Expressway if continues at the same consistent space as of now, in no time this region will emerge as a premium locality.
Now is the good time to invest on Dwarka Expressway, as the properties being sold at the current rates of Rs. 10,000 and 11,000 per sq ft will witness an increase of up to 30% over the next five years. Thus, with the upcoming Dwarka –Gurgaon Expressway and the IT hub banking a good deal here today will offer a good return later in the future.