Dwarka NH Status to Push Projects Located Alongside Dwarka Expressway

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New City Light to Become Hottest Real Estate Destination in Surat

Dwarka NH Status to Push Projects Located Alongside Dwarka Expressway

Residential projects located in Gurgaon alongside Dwarka Expressway had “Work in Progress” signboard for around 6 years. There are certain land acquisition issues in Delhi and Gurgaon which led this 18-km stretch to delay completion. The projects located along the expressway are in different stages of development. Some of them are getting finished, some are almost done, and others are still waiting to add additional floors. Nitin Gadkari, Union Transport Minister, has announced to accord Dwarka’s National Highway status at Happening Haryana summit. It will be the hope for thousands of property seekers who invested here and looking for possession of such homes. Manohar Lal Khattar, Chief Minister of Haryana, declared the final deadline as June 2017.

Now the question is how a national highway status will benefit Dwarka Expressway. According to the experts, the finalization of expressway project will be boosted because it will be controlled by NHAI (National Highways Authority of India). After the transfer, as per the Highways Act, Dwarka Expressway is all set to fall under highway administrator by NHAI. In Gurgaon and Delhi, land acquisition will soon become faster once National Highways Act Section 3(d) is issued. The disputes related to compensation will be fixed soon once the road is developed by NHAI.

Another important question which should be answered is whether noise is made on allowing NH status to the stretch of 150 meters will find any impact on real estate prices. According to Executive Director and Founder, Prashant Kaura, GenReal Property Advisers Private Limited, the market is depressed now. Once the highway is completed in Haryana and patches are made after land acquisition disputes, we may see some sort of activities in the real estate market. As of now, some sort of sales is happening and settled at around Rs. 6000 per Sq. ft.

NH Status will benefit some of the projects located along Palam Vihar and Khirki Duala areas which cover sectors 104, 102, 90, 89, 88 etc. Several developers seem to match their schedule of delivery and completion of projects with the deadline of highway completion. The projects in Delhi may take longer time.

For bookings and more information on Dwarika Expressway, Gurgaon

Please contact us at :  settlersindia@gmail.com

Mobile : 9990095550

Skyline 109 Dwarka Expressway Gurgaon

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Dwarka Expressway to Become Major Realty Destination

Aptly called as Northern Peripheral Expressway, the Dwarka Gurgaon Expressway is going to become a lavish area for investment purpose. In the near future, the real estate market in Gurgaon enjoys huge potential for significant growth. With the increasing demand, the property prices in this location have been tripped, i.e. from INR 2250/sq. ft. to INR 6250/sq. ft.

The 18 km long and 15 meter wide Dwarka Gurgaon Expressway is about to be finished in 2 to 3 years to come. Several real estate developers like Gambhir Housing have bagged their contracts here. The expressway will be offering a quick access to major landmarks of the city and the airport. This is the proposed mega project which will provide access to Dwarka Phase II and Delhi where the flagship diplomatic enclave is under development. Once developed, it will provide access to existing Metro corridor besides the road. After the completion of expressway project, the location shall be ranked among the hottest real estate precincts in New Gurgaon.

Palam Vihar & Dwarka will enjoy a new connectivity with 150m wide and 8-lane expressway to connect residents to several major landmarks and the proposed SEZ in the city along with the NH8. The new link will offload the burden of traffic on the current links like MG Road, NH8 and Old Delhi Road.

The Real Estate Scene

Skyline 109 is going to be the project which will deliver assured returns to the investors and it is introduced by Gambhir Housing India Limited. As the name implies, the project is well positioned at Sector 109. It is providing mixed-use and unique development like modern office spaces, high-street retail outlets, and serviced apartments.  The project is deliberately located on 150 meter wide and upscale Dwarka Expressway which is closely located to Commercial and Corporate cities of New Delhi and Gurgaon.

The buildup area of this project is around 4 lakh sq. ft. which includes upper ground and first floor and provides world-class promenade in high street retail. The project will also have entertainment zone and food court. From second to 12th floor, the building is dedicated to office spaces. From 14th to 17th floor, the project features studio apartments.

For bookings and more information on Skyline 109
Please contact us at :  settlersindia@gmail.com
Mobile : 09990065550