If you're contemplating an investment in the Dwarka Expressway real estate sector but find yourself unsure about its potential, this article will provide insights that may help you decide.
Dwarka is a renowned residential area in Delhi, characterized by outstanding social infrastructure, affordability, and exceptional connectivity. It stands out as a carefully designed city, catering to all essential services for its inhabitants. In recent times, the Dwarka real estate market has seen substantial improvement, and the upward trend continues. Investors in this area are poised for substantial gains in the years ahead, as Dwarka continues to evolve positively.
At present, investing near the Dwarka Expressway is regarded as one of the most promising opportunities. The area benefits both investors and buyers alike due to its advantageous position. Located close to the Delhi International Airport and adjacent to the Dwarka Metro, the expressway also provides vital access to key locations in Manesar and Noida.
Why Should You Consider Dwarka Expressway for Investment?
1. Enhanced Connectivity:
According to the new master plan, a well-constructed 100-meter-wide road is set to connect the area with the metro corridor and the upcoming diplomatic enclave. The expressway spans 18 km alongside several special economic zones, facilitating easier commutes from West Delhi. It runs parallel to NH-8 before merging near IFFCO Chowk.
2. Increased Appreciation Rates:
Dwarka, being one of the most prestigious locales in Delhi, boasts excellent infrastructure. Properties in this area enjoy close proximity to both the Delhi Metro and efficient public transport systems. Moreover, Dwarka hosts numerous reputable educational institutions, which is a compelling reason for investors to consider the Dwarka Expressway. Real estate analysts have observed a significant 6% uptick in demand for properties in Dwarka over the past year, signaling a positive trend for potential homebuyers and investors alike. However, acquiring sound knowledge about the real estate market and its pricing dynamics is crucial; otherwise, one risks missing profitable opportunities.
3. Reduced Traffic Congestion:
One of the primary goals in constructing the new expressway is to alleviate traffic on NH-8, particularly during peak hours. Since a considerable portion of the Delhi workforce commuting to Gurgaon is from Delhi, developing the Dwarka Expressway facilitates smoother travel between the two regions. Expect a significant reduction in congestion on the Delhi-Gurgaon Expressway and other heavily trafficked routes, as approximately 40,000 vehicles will be redirected to the new expressway.
4. Lower Pollution Levels:
Stretched over 18 km and measuring 150 meters in width, the expressway incorporates sectors 81-115, which have been developed to accommodate housing projects, shopping centers, and essential services. This region boasts minimal pollution, providing a refreshing environment. Thanks to low population density and well-balanced urban planning, aesthetic considerations, and enhanced greenery, it has emerged as an attractive location for investment.
Conclusion
In conclusion, these factors highlight the considerable reasons for investing in the Dwarka Expressway. As an evolving area, it promises substantial returns on investment in the future. It can be quite complex to ascertain the precise costs associated with purchasing property near the Dwarka Expressway, so it's wise to consult real estate professionals. Engaging an agent can assist you in budgeting effectively, helping you navigate potential tax implications associated with real estate transactions. If you plan to buy a flat on the Dwarka Expressway for investment purposes, ensure you're financially prepared for paying EMIs, even if you’re not receiving rental income right away. Additionally, examine the potential income from the property and assess the associated risks thoroughly.
If you have any questions or need further information, feel free to reach out to us!
Other links:
Builders in Pune can use credit notes for wider payments
Affordable plots on Dwarka Expressway
Why Ahmedabad realtors convert commercial projects into residential?