Over the past couple of months, National Highway 8 has witnessed fastened growth in real estate development. According to a report, this zone will develop job opportunities for over 22 lakh individuals by the year 2017. Some of the under construction projects are stretched around 15 km of NH 8 to Haryana. Currently, they are providing several early-bird opportunities to investors.
The prices of residential properties have seen huge growth on Southern Periphery Road which is connected to National Highway 8 over the last couple of months. Because of instant connectivity offered by NH-8 to Dwarka and Manesar, this location enjoys great potential for investment purposes. In new regions of Gurgaon, such as Golf Course Extension Road, Sohna Road, Dwarka-Gurgaon Expressway etc, the prices are soaring and buyers have started seeking other locations.
The areas and various investment locations around NH-8 are being developed under MBIR (Manesar-Bawal Investment Region), Delhi-Mumbai Industrial Corridor (DMIC), and KGNIR (Khushkhera-Gurgaon Neemrana Investment Region). The proposed stretch of DMIC is 1483 km long and it is coming around NH-8. Here several SEZs are approved and they are appealing FDI in realty development, glass technology, IT-ITeS and automobile industries from the US, Japan, China and Korea.
There are several economic drivers to be seen in these regions with a range of standalone and centralized projects of state government that are proposed to give a huge burst to economy and infrastructure of the whole NCR along with this region. In addition, the Kundil Manesar Palwal expressway along with the Golden Quadrilateral scheme is connecting Delhi to Mumbai with a bigger expressway. That’s why NH-8 has turned to be the major growth driver of the nation.
It has been formed as the worldwide trading and manufacturing hub and it has double job potential, triple output potential in industrial development and quadruple export potential from the region.
These are proposed to be the growing industries that are proposed to appeal both semi-skilled and skilled working population of around 1.5 million from abroad and several parts of the nation. Several companies like Asahi, Honda Motors, Musasi and Saint Gobain have setup their glass and motor plants here.
For good residential accommodation in this fast growing area, Vipul developers has launched a residential complex called Vipul Gardens NH 8 Dharuhera to people looking for good living.
For bookings and more information on Vipul Gardens
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