Sobha International City on - Dwarka Expressway Becomes Highly Acclaimed Investment Destination
The highly acclaimed 18 km long stretch Dwarka Expressway, also known as Dwarka Gurgaon Expressway or Northern Peripheral Road, has been emerged as perfect place for real estate investment. It enjoys proximity to IGI Airport and NCR regions, proposed development and great infrastructure. It gets an edge over all the major and newly developed destinations in NCR region.
On the rest of the stretch of Dwarka Eway, work has been picked up after the removal of past bottleneck by Haryana Urban Development Authority (HUDA). It declared that alternative plots will be developed for around 200 homeowners whose properties were located on the route which was proposed on expressway.
By the mid of next year, the Dwarka Expressway is witnessing completion and some real estate leaders have been taken a cue to optimize the construction stage on these projects. The real estate market has expectedly come alive and the transactions have earned momentum. The prices are about to skyrocket in this area after the completion of project and this area will see great potential to evolve as commercial and residential hub as well. It will be backed with immense connectivity to Gurgaon and Delhi.
The Confederation of Real Estate Developers of India and its NCR wing has been soliciting the funds for the proposed project and has merged to the state government in order to boost up the development of 18-km long and 150m wide stretch. Out of 630 acres of open land required for the construction of expressway, 600 acres have been acquired already and the rest to be bought soon. With the expected value of INR 8000 Cr, over 33000 residential units are under construction along Dwarka Gurgaon Expressway in several sectors. The real estate market has two big specialties in Dwarka Expressway. It is going to be one of the widest roads of the nation and its vicinity to Gurgaon and Delhi.
This expressway has double the width of existing Delhi Gurgaon Expressway. It will give instant connectivity to Pataudi Road and Garhi Harsaru dry depot in Gurgaon. The Metro line construction on Southern Peripheral Road and Northern Peripheral Road has been government-approved and has become the early bird project from DMICDC (Delhi Mumbai Industrial Corridor Development Corporation).
One of the renowned builders of south India – Sobha developers is bringing up a world class city on the very same Dwarka Expressway, the complex is called Sobha International City Gurgaon, will mostly have configuration of villas and floors, with high specifications , value for money housing for people looking for luxury living near Dwarka Expressway.
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