Guest Column
Dwarka Expressway: Transforming Gurugram Landscape
By: Mohit Kalia, Vice President, Sales, Raheja Developers Limited
The Dwarka Expressway, a groundbreaking infrastructure project, is set to revolutionize connectivity between Dwarka in Delhi and Gurugram in Haryana. Spanning approximately 29 kilometers, this 8-lane elevated expressway offers a vital alternative to the heavily congested National Highway 8 (NH-8). Designed to enhance traffic flow, reduce travel times, and improve accessibility, the expressway is emerging as a key driver of growth for the region.
Property prices along the Dwarka Expressway have witnessed a remarkable surge, reflecting the area’s increasing commercial and residential appeal. According to a PropEquity report, the average property price along the corridor soared to Rs. 17,357 per square foot in July 2024, a staggering 101% increase from Rs. 8,630 per square foot in July 2021. With robust infrastructure, superior connectivity, and a rising demand for real estate, the expressway is poised to redefine Gurugram’s real estate landscape.
The expressway’s strategic location is a significant factor in its burgeoning popularity. It offers seamless access to major business hubs such as Cyber City, Udyog Vihar, and Golf Course Road, which house leading multinational corporations, IT firms, and financial institutions. Its proximity to Indira Gandhi International Airport makes it particularly attractive for businesses with frequent travel requirements, further boosting its appeal.
The development of infrastructure along the Dwarka Expressway is another catalyst for its growth. The improved connectivity is encouraging businesses to establish offices along the corridor, which in turn is driving the expansion of retail and commercial real estate. This enhanced infrastructure is also making the area an ideal location for residential development. Homebuyers and investors are increasingly drawn to the region, valuing its proximity to workplaces and lifestyle amenities. The area’s potential to offer reduced commuting times and superior living standards is positioning it as a preferred residential destination.
Real estate developers have responded swiftly to the growing demand, launching a variety of projects along the expressway. These include high-rise apartments, gated communities, and integrated townships, all equipped with modern amenities. Catering to diverse buyer profiles, these developments are transforming the corridor into a vibrant, inclusive community.
In the years ahead, the Dwarka Expressway is expected to be a cornerstone of Gurugram’s evolution into a dynamic urban hub. It will epitomize holistic, future-forward development while offering a balanced blend of residential, commercial, and recreational spaces. By fostering seamless connectivity between Gurugram and Delhi, the expressway will not only redefine real estate in the region but also establish itself as a model for modern urban living.
*** Views expressed in this article are author’s personal and do not reflect the opinion ‘Realty & More’.
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