June 24, 2024


Mad about real estate

Dwarka Expressway Property: When is the right time for you buy/invest?

Dwarka Expressway has put Delhi NCR on the map. It has created the hype around Delhi NCR which was much needed because Delhi NCR, including Gurgaon and Noida are offering great housing opportunities for new dwellers.

Gurgaon is a city which has flourished in a much better way. It has big complexes which are housing different companies all under one roof. Not only it has become a city that is offering many job opportunities for newcomers but it also has food trucks, leisure Valley Park and an array of good restaurants and tourist attractions.

What is Dwarka Expressway?

Dwarka Expressway or the Northern Peripheral Road connects Dwarka with National Highway 8. This connection happens at KherkiDhaula and passes from Pataudi Road. The Dwarka Expressway is considered a boon for the residents of Delhi working in Gurgaon and vice versa. The traffic congestion on the Delhi-Gurgaon expressway has been eased thanks to Dwarka Expressway.

Not only has the Dwarka Expressway connected the two cities in the most effective way, but it has also given a boost to the real estate of Gurgaon. Many builders have taken the task of developing Dwarka Expressway property seriously.

Developers who are providing good infrastructure and basic amenities are the ones that in the long run will be able to get more customers and sell more houses.

When should you invest in Dwarka Expressway property?

First of all, it is important to understand why you should invest in a property on Dwarka Expressway. Look for maximum price appreciation of the various properties that are being developed on Dwarka Expressway. This means whether the price of a property will increase in the coming years or not. If it is going to increase then you should go ahead and buy it right way.

Look at the investment purpose. For people who are end-users, Dwarka Expressway is not an ideal choice for investment as it is located in close proximity to industrial sectors. If you have a horizon of 3-5 years then Dwarka Expressway is a great place to invest.

Another factor you should always keep in mind while investing in a property is its location. For a property in Delhi NCR, the one that will be closest to Delhi and IGI airport will sell more quickly. Thus, it will be a better property to invest in.

When you are looking at the different types of properties on Dwarka Expressway, you should stick to the ones that are still under construction. When you opt for a property that is yet to be completed, you can always suggest some minor changes according to your needs after you have bought the property. This won’t be possible with an apartment that is already completed.

Apart from the above-mentioned reasons that will help you in deciding whether you should buy a property on Dwarka Expressway or not, there is another factor and that is the connectivity of the metro corridor to the expressway which will happen in the coming years. 100m wide roads connecting the metro corridor to the proposed diplomatic enclave are already under planning and soon will be developed. The expressway also reduces the travel time of commuters from West Delhi to Gurgaon so if you are a resident of West Delhi or Gurgaon and looking for a new home then you should consider investing in Dwarka Expressway.