The property market in India has become highly dynamic and people are looking for opportunities to make fruitful investments that will give returns in future. Delhi being a Metro city, always attracts investors to invest in real estate but now that Delhi has literally no options, people are looking to invest in the NCR as areas around the NCR are fast picking up.
The Dwarka Expressway is another addition to Delhi’s infrastructure and it has opened new avenues of investment for realtors. This expressway connects Delhi to Gurgaon and along its entire length of 18 km connects some of the major sectors and areas of both Gurgaon and Dwarka in Delhi.
There was initially a dispute around the areas adjacent to the expressway but with the Punjab Haryana High court having cleared all legal road blocks, property development in these adjacent areas has again gained momentum. Top realtors of the country are vying for the best location to start their new commercial and residential projects and investors are also coming up in large numbers to support such ventures.
So, if you too have been planning to invest in properties in areas adjacent to the Dwarka expressway in the year 2017, here are the reasons why you should make haste:
High returns on investment: If you are planning to invest in real estate for future returns, investing in properties around the Dwarka expressway is ideal. The expressway will connect the following sectors which are expected to have state-of-the-art commercial as well as utilities projects: Sectors 100.101, 105, 106,109, 110A, 111,112,113 and 114. The developments that these sectors are expected to see will also call for a price hike in the properties. Therefore, properties that you buy now will definitely give you good returns in the near future.
Ideal location: The Dwarka expressway not only connects Gurgaon to the capital, Delhi but is also pretty close to the IGI airport. It is thus strategically located and offers the best investment option for 2017.
Price hike: The areas adjacent to the expressway are said to fall under the R-zone of the Gurgaon Master plan -2021. This signifies that these areas will witness a major price hike in the near future.
Cheap properties available: At the moment, since the expressway is under construction, areas adjacent to it are not as well developed. As a result, the properties in these areas are available at much cheaper rates. However, they have huge potential as once the expressway is ready and becomes fully operational, the areas around the same will also be developed at equal pace and start fetching excellent returns.
Excellent connectivity: A diplomatic enclave and Metro are proposed in the vicinity of the expressway and there will be broad well-built roads connecting these to the expressway. Some of the SEZs that will soon come up near the Kherki Dhaula are also quite close to the expressway. Also, people travelling to Gurgaon from West Delhi will further have ease of commute as the expressway runs parallel to the NH8 and merges with the same at IFFCO Chowk in Gurgaon.
Therefore, if you have been looking for the highest yielding properties in the Delhi NCR, you should look for upcoming projects in the areas adjacent to the Dwarka expressway.