Investors and end users who bought property along the 18km-long,
150 metre-wide Dwarka Expressway in
Gurgaon will receive fruitful news now. The latest estimates saying that the project
is likely to be completed by the second quarter of 2015.
Investments along Dwarka Expressway, experts will likely give a return upwards of 20%
CAGR. With the revival of the economy, the demand for real estate is sure to
pick up in the near future.
As the construction of the Dwarka Expressway nears completion,
developers will also focus on expediting the delivery of their projects to
coincide with the flagging off of the expressway.
Builders say that as a new
government in Haryana is likely to be formed by November, the development work
is likely to further pick up after that.
R K Arora, the CMD of
Supertech Ltd, said that private builders under Credai are ready to help the
state government complete the infrastructural development as soon as possible.
He said the construction of the rail bridge is also in the progress. Dwarka Expressway has emerged as one of
the most sought-after real estate destinations in the National Capital Region
(NCR) and promises hand, some returns to investors owing to its proximity to
the national capital and the IGI airport.
Construction of 15km of the
18km-long stretch is already complete and only 3km is left to be delivered with
Huda committing to settle all rehabilitation issues.
Originally scheduled to be
completed by March 2012, the dwarka
expressway will bring Delhi and Gurgaon closer. It will also ease the traffic
problems on NH-8 and connectivity will become smoother and faster. Interestingly,
the developers who are implementing projects on the expressway played an
important role in expediting its construction; this will also pave the way to
complete the construction of their respective projects.
SS floors ultra luxury floors in sector 90 by SS Group are going to possess by 2016-17 in sector 90. As ever
SS Group bought something new and unique featured project .People must invest
in it to get high benefits. Project having close proximity to Dwarka Expressway
and NH 8.
33,000 houses are under
construction on Dwarka Expressway
and the completion of the expressway will open the doors to many more projects
here.
The main developers on Dwarka Expressway include SS Group, Ansal Housing, BPTP, Vatika etc.
The main developers on Dwarka Expressway include SS Group, Ansal Housing, BPTP, Vatika etc.
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