Gurgaon is evolving and growing at a rapid pace over a few years. This growth continues to bring new corporate sectors and industries, businesses, and much more to the city. Gurgaon is increasing rapidly in every direction like Manesar, Sohna, and other areas towards Dwarka which is also called the New Gurgaon.
Why Dwarka Is Popular For Investment?
The Dwarka Expressway is the real reason behind its popularity. It is also known as NPR or Northern Peripheral Road. It is a lifeline for the people travelling to and from Gurgaon to Delhi. The construction companies and the builders realised the importance of this expressway and have started building new and better residential buildings in and around the area. Several new commercial and residential projects are introduced lately. There is already a fair population staying in this area.
Along with the residential projects, people have already started to move from different cities and states to Dwarka. This has led to the need for commercial projects to cater to the people residing in this area. This is the reason why several commercial projects and properties are being built in this area to provide employment. Several investors are investing in commercial projects as well.
At present, several new commercial projects are on the initial phases or even yet to begin. This is an amazing opportunity for investors to purchase commercials at affordable prices and get maximum ROI or gains. Dwarka real estate is growing rapidly and will soon spread its wings.
The most amazing thing about Dwarka is connectivity. The expressway connects Gurgaon to Dwarka, Manesar to Jaipur. Also, the amazing connectivity to the airport is what encouraging hotels and the corporate sectors towards this area. The connection to the Southern Peripheral Road, NH8 in a planned approach that makes the route world-class.
Amazing Investment Options
People who are looking for ways to invest their money and get better returns are lining up and investing in different projects on the expressway. The buyers and investors are ready to wait for the next 3.5 years realising the financial potential of different sectors that are in and around Dwarka.
The projects that are up to 3kms inside from the expressway are like a boon to the investors. In the past two years, the property value has gone from 1000-3000 per squat feet. As the projects start to fill up, the values will also shoot upwards in different ways.
The buyers and investors can choose to invest or build according to their preferences and needs. Different investors are vying for space in Dwarka. Several brands like Elan, DLF, JMS, AMB, SS, Orris, and Ramada are looking for spaces to set up their business.
The new Gurgaon or Dwarka has been set-up in an organised manner, unlike Gurgaon. Right from the water supply, sewer lines to the power supply, everything is in place which turns out to be an organised set-up for new sectors in the area. The organised set up is attracting the IT SEZ and IT companies in the droves in Dwarka Expressway.
What Are The Upcoming Projects In Dwarka?
The developments in the Dwarka real estate continues to be in full swing. Several restaurants, malls, shopping complexes, hotels, and much more are being constructed. The new and upcoming projects in New Gurgaon or Dwarka are:
- A fashion hub of 10 acres that will serve the entertainment needs and purposes of the people.
- At Sector 23 there will be the largest ISBT (Inter-State Bus Terminus) of Delhi.
- India’s largest convention and exhibition centre will be in 35 acres area in sector 24.
- 7 sports complexes are planned among which one is already completed.
- Several 5 and 7-star hotels will be constructed in the area.
Once the place is developed with all completed projects, the price or the property in Dwarka will lead to an upsurge. This suburb is, therefore, the safest investment option and the property value will go higher in the coming days.