A Growing Area of Real Estate Impacted by the Dwarka Motorway

Emaar Business District estate has always been a lucrative investment opportunity. And with the rapid development of infrastructure, transportation, and technology, the potential of real estate investment has increased even more. One such example is the Dwarka Motorway, a stretch of 27-km road that connects Dwarka in Delhi to Gurgaon in Haryana. This article will discuss how this growing area of real estate is being impacted by the Dwarka Motorway.

The Dwarka Motorway, also known as Northern Peripheral Road (NPR), is one of the most significant infrastructure projects in Delhi-NCR. It was initiated in 2014, and after multiple delays and obstacles, it was finally completed in 2021. The road connects Dwarka in Delhi to Gurgaon in Haryana, passing through New Palam Vihar, Kherki Daula, and other areas. The Dwarka Motorway has already started to impact the real estate sector in the surrounding areas.

Impact on Property Prices

The Dwarka Motorway has significantly impacted the property prices in the surrounding areas. The areas near the Dwarka Expressway have witnessed a surge in property prices in recent years. The prices have appreciated by approximately 10-15% annually, making it an attractive investment opportunity for investors.

Increasing Demand for Residential Properties

The construction of the Dwarka Motorway has led to an increasing demand for residential properties in the surrounding areas. The connectivity and accessibility provided by the road have made it an attractive option for homebuyers. The areas near the Dwarka Expressway are witnessing a surge in the development of residential projects, ranging from affordable housing to luxury apartments.

Impact on Commercial Real Estate

The Dwarka Motorway is not only impacting the residential real estate market but also the commercial real estate market. The Emaar Business District Gurgaon connectivity has made it an attractive option for businesses looking for office spaces in the surrounding areas. The commercial real estate market near the Dwarka Expressway is witnessing an upward trend, with more and more businesses opting for office spaces in the area.

Impact on Infrastructure Development

The construction of the Dwarka Motorway has also led to the development of infrastructure in the surrounding areas. The government has taken several measures to improve the overall infrastructure, such as widening of roads, installation of streetlights, and construction of footpaths. The development of infrastructure has made the surrounding areas more livable, making it an attractive option for homebuyers and investors.

Impact on Connectivity

The Dwarka Motorway has significantly impacted the connectivity of the surrounding areas. The road connects Dwarka in Delhi to Gurgaon in Haryana, Emaar EBD Gurgaon reducing travel time between the two cities. The improved connectivity has made it easier for people to commute, making the surrounding areas an attractive option for homebuyers and investors.

Impact on Employment Opportunities

The construction of the Dwarka Motorway has also led to an increase in employment opportunities in the surrounding areas. The development of residential and commercial projects has led to the creation of jobs in various sectors such as construction, real estate, and hospitality.

Impact on Sustainable Development

The construction of the Dwarka Motorway has also led to sustainable development in the surrounding areas. The government has taken several measures to promote sustainable development, such as the installation of solar panels on streetlights and the promotion of green building practices. The development of sustainable infrastructure has made the surrounding areas more livable, attracting more homebuyers and investors.

Impact on Future Growth Potential

The Dwarka Motorway is a crucial part of the Delhi-Mumbai Industrial Corridor (DMIC) project. The DMIC is a mega-infrastructure project that aims to develop industrial corridors spanning across six states, including Delhi, Haryana, and Maharashtra. The Dwarka Motorway will provide connectivity to the DMIC project, making it an attractive option for businesses looking for industrial spaces.

Moreover, the Dwarka Motorway is also a part of the Delhi Master Plan 2021, which aims to develop Delhi into a world-class city. The plan includes several measures to improve the overall infrastructure and connectivity of the city. The development of the Dwarka Motorway is a crucial part of the plan, and it is expected to play a significant role in the future growth of the surrounding areas.

Challenges Faced

The construction of the Emaar Business District Sector 65 Gurgaon
has not been without its challenges. The project faced multiple delays due to land acquisition issues, environmental concerns, and other obstacles. The delay in the completion of the project has also impacted the real estate market in the surrounding areas, with many investors and homebuyers holding off their investments until the completion of the road.

The Dwarka Motorway is a significant infrastructure project that has already started to impact the real estate market in the surrounding areas. The road has led to an increase in property prices, demand for residential and commercial properties, employment opportunities, and infrastructure development. Moreover, the road has significant future growth potential, making it an attractive investment opportunity for investors. However, the project has also faced several challenges, which have impacted its completion and the real estate market in the surrounding areas.

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