Home > Forum > Delhi > Buying property > What is the better option for investment Dwarka expressway Or Noida expressway? And why?
What is the better option for investment Dwarka expressway Or Noida expressway? And why?
Q: I am looking at investment options which can fetch me returns and probably good rental income in 2-3 yrs horizon. i think Dwarka being in delhi will have more appreciation/rental income relative to noida/geno. Metro is already present in Dwarka and so is public transport. Recently there were annoucement of setting smart city in Dwarka.
Construction on Dwarka expressway goes on fully swing and it's possible that it'll be completed in year 2014-15, giving an enormous boost to residential and business realty projects within the region. With an increasing variety of MNCs and high Indian corporates operative out of Gurgaon, including the restricted convenience of mid-segment residences in Gurgaon and metropolis, Dwarka highway is rising as a beautiful different for investors and end users.
Dwarka expressway is that the state government's widest ever 150 metre expressway project that connects NH-8 at Kherki Daula to Dwarka. Of the 630 acres required to construct the expressway, 600 acres have already been nonheritable and also the rest is predicted to be nonheritable shortly. over 33,000 houses, with associate degree approximate sale price of 8,000 crores, are underneath construction in several sectors on Dwarka expressway.
In my point of view, as Dwarka Expressway is near to Gurgaon there is an incredible interest for quality residential space . Various excellent designers have entered the business sector. Bangalore-based Sobha Developers is one such player, which has entered the business sector here and is creating world class private ventures.
As per different sources, improvement deal with and close Dwarka Expressway is moving in the right heading. Like whatever other expensive infrastructural undertaking, it additionally confronted a few postponements, yet on account of the joined endeavors of every last one of partners, work has gotten energy of late. Sooner rather than later, property showcase around Dwarka Expressway will be a standout amongst the most prominent destinations in the NCR.
According to late economic situation , property costs in Dwarka Expressway had risen quickly , fundamentally because of theories. In any case starting now, owing to base obstacles, the property costs are relied upon to fall slowly , unless a change is seen soon. The range is balanced for terrific development, with the best names in the realty business officially having propelled ultra-extravagance extends in the region. Dwarka Expressway has basically been a financial specialist drove market. While the area conveys great long haul potential, given the general economic situation and base issues, there are transient difficulties.