Gurugram's New Realty Hotspots: Dwarka Expressway and Sohna Road
The Dwarka Expressway and Sohna Road have emerged as top realty hotspots in Gurugram, attracting huge interest from home buyers and investors alike.
GurugramDwarka ExpresswaySohna RoadReal EstateNcrReal EstateSep 23, 2024
Among the growing hotspots, the Dwarka Expressway and Sohna Road have emerged as top realty hotspots, attracting huge interest from home buyers. A recent analysis conducted by Anarock reveals that the housing market has demonstrated strong performance during the first half of 2024. Approximately 32,200 units were sold in the Delhi-NCR region. Gurugram has emerged as a favored destination for both investors and end-users, largely due to the significant influence of Dwarka Expressway and Sohna Road on this growth.
The completion of the Dwarka Expressway has been a game-changer for the sector. It has reduced the travel time between Delhi and Gurgaon immensely with less congestion on roads. Its direct connectivity to IGI Airport, along with the Delhi-Mumbai Expressway, is making it an exciting destination for the residential and commercial segments.
Meanwhile, Sohna Road has garnered significant attention due to its proximity to the Delhi-Mumbai Expressway and major commercial hubs in Gurgaon. The arterial road’s quick connectivity to Golf Course Extension Road and Southern Peripheral Road has boosted the development.
Commenting on this, Manish Agarwal, Vice President, CREDAI-NCR, and MD, Satya Group, says, “The excellent connectivity offered by the Dwarka Expressway and Sohna Road has positioned them as growing suburbs in the NCR region. Both regions have noted remarkable growth in property prices as wealthy buyers look for properties that offer convenience and comfort.”
Nayan Raheja of Raheja Developers says, “Gurugram boasts of towering skyscrapers that enhance the beauty of the city. Due to the strategic location and excellent infrastructure of the Dwarka Expressway, this corridor has become ideal for end-users looking for long-term value.”
Rajjath Goel, Managing Director, MRG Group, says, “Gurugram has long been recognized for its world-class infrastructure, and the Dwarka Expressway and Sohna Road are further enhancing the city’s real estate landscape. Both regions are experiencing comprehensive growth, making them prime destinations for first-time homebuyers and investors alike.”
Moreover, both the Dwarka Expressway and Sohna Road offer high rental yields and significant capital appreciation potential. This trend is expected to continue, fueled by ongoing and upcoming infrastructure developments that enhance the region’s overall appeal.
Gurpal Singh Chawla, Managing Director of TREVOC, says, “The development of Dwarka Expressway has significantly reshaped Gurugram’s real estate landscape, positioning it as a prime investment destination. Continuous infrastructure advancements along this corridor are driving rapid growth in both commercial and retail sectors.”
Saurab Saharan, Group Managing Director, HCBS Developments, says, “The seamless connectivity of the Dwarka Expressway has amplified its capital appreciation potential. Its proximity to the Delhi-Mumbai Expressway, which is part of the Delhi-Mumbai Industrial Corridor, has further added glory to the region.”
Thus, the Dwarka Expressway and Sohna Road have established themselves as the premier real estate hotspots in Gurugram, playing a crucial role in transforming the city’s real estate environment. These regions are undergoing significant development and are poised to lead the surge in the NCR real estate market, setting new urban standards through the investment opportunities they offer.
Frequently Asked Questions
What are the top realty hotspots in Gurugram?
The Dwarka Expressway and Sohna Road have emerged as top realty hotspots in Gurugram, attracting huge interest from home buyers and investors alike.
What is the impact of the Dwarka Expressway on the real estate market?
The completion of the Dwarka Expressway has been a game-changer for the sector, reducing travel time between Delhi and Gurgaon and making it an exciting destination for residential and commercial segments.
What are the benefits of investing in Sohna Road?
Sohna Road offers proximity to the Delhi-Mumbai Expressway and major commercial hubs in Gurgaon, making it an attractive destination for investors.
What is the expected growth in the NCR real estate market?
The Dwarka Expressway and Sohna Road are poised to lead the surge in the NCR real estate market, setting new urban standards through the investment opportunities they offer.
What are the advantages of investing in Gurugram's real estate market?
Gurugram offers a mix of residential, commercial, and retail spaces, making it an attractive destination for investors and homebuyers alike.
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