Friday, December 19, 2014

Real Estate Market overflowing as Dwarka Expressway Nears Completion





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.


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