Real Insights – Dwarka Expressway Gurgaon : A CommonFloor Report 2015
Dwarka Expressway was proposed in Gurgaon-Manesar Master Plan-2021, from Dwarka in Delhi to Palam Vihar in Gurgaon. As per the plan, this 150m proposed Expressway would pass through the sectors of Dwarka Expressway from 102 to 106, 109 to 113 and land allotted for SEZ adjacent to Sector 99 and 100 in Gurgaon. Connecting Dwarka with the NH 8, Dwarka Expressway will truly bring Delhi and Gurgaon closer. Due to the emergence of an increasing number of MNCs operating out of Gurgaon along with the limited availability of mid-segment residences in Gurgaon and Delhi, the expressway has evolved as a smart alternative for both investors and end users. The connectivity quotient has further resulted in the development of many sectors around the expressway, especially residential and commercial. To further enhance the connectivity of the region, there are several proposals in the pipeline. Dwarka Expressway is poised for stupendous growth, with the best names in the realty industry already having launched ultra-luxury, luxury and mid-segment projects here. However, the ‘real (ty)’ future of Dwarka Expressway depends on the liveability conditions of the region, which includes Dwarka Expressway project and other physical and social infrastructure such as roads, schools, hospitals, convenient shopping etc., else there is chance of “price bubble burst” in future. The state government should also focus on affordable housing blocks in the area as it can reduce population pressure in the cities and would promote well-planned urban settlements. For this, certain innovative policy decisions should be made to attract investment in this region considering many industrial belts are coming up around it.
“As part of ‘Real Insights’ into real estate, Commonfloor.com has come up with a detailed report on Real Insights –Dwarka Expressway Gurgaon with in-depth analysis based on CommonFloor data.
In the following report, GIS-based tools have been used to analyse the proprietary data of CommonFloor. (For the analysis, the data is considered from 2008 to 2015). The report delves into aspects such as the growth factors, infra-upgrades and the supply-demand side of the market. For better understanding, we have divided the expressway into three parts:-
- Dwarka Expressway 1: Gurgaon side
- Dwarka Expressway 2: Central
- Dwarka Expressway 3: Delhi side