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The expressway is the government’s ambitious freeway project spanning 8 lanes, traversing 18 kilometers, and linking Gurgaon with Dwarka, one of the fastest-emerging towns in North India. The expressway has been constructed by the government in partnership with the Indiabulls conglomerate as a part of the state’s private-public collaboration initiative. The expressway is rapidly on the road to completion.

It is not hard to fathom why Dwarka Expressway has gained so much popularity. Dwarka is close to the ultra-developed Gurgaon in Haryana. Like its illustrious neighbor, Dwarka too now comprises several housing complexes, commercial avenues, and shopping options. Further, by connecting Dwarka with Gurgaon, the expressway has fulfilled an important connectivity void. Not only has the Dwarka expressway made travel to Delhi simple and quick, it has made the capital’s international airport equidistant to residents of both the connecting cities.

The cream of India’s developer world like the Ansal Group, Paras Builders, Raheja Constructions, Assotech, and Sobha Developers has planned several apartments and urban centers along the expressway. While residences of all categories and prices are being nurtured, it is the higher-end category that is being most sought after. The rate of expansion and property proliferation is indeed topping India’s statistics charts.

The Dwarka Expressway, however, is not without some teething issues. Prime among them is the current sluggish construction tempo owing to state laws, legal wrangles, and logistical complications. The recent spurt in property booking rates – nearly by a third – has also slightly vitiated the real estate atmosphere.

Nevertheless, there are positive signs coming out of the government’s latest endeavor to boost the property sector. Construction growth has become noticeably faster, evaluations and approvals are more forthcoming, and housing rates are highly expected to rationalize to perceptibly lower levels. So if you are keen on residing around the Dwarka Expressway, this would be a good time to ‘express’ your desire to Gurgaon’s numerous professional property consultants.

 

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