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Dwarka Expressway: From Long-Awaited Relief to Real Estate Boom

The Dwarka Expressway, also known as the Northern Peripheral Road (NPR), is finally complete, marking a significant milestone in the Development Plan 2031 for the Gurgaon Manesar Urban Complex (GMUC). This eight-lane expressway acts as a northern ring road, offering an alternative route to the congested NH 8 and boosting connectivity between Delhi and Gurgaon.

Dwarka Expressway

A Long Road to Completion

The need for the Dwarka Expressway became evident due to the ever-increasing traffic burden on NH 8 and other connecting roads. In 2006, the Haryana Urban Development Authority (HSVP) planned a stretch between Kherki Dhaula and Najafgarh Road to alleviate congestion. Initially named the Northern Peripheral Road (NPR), the project spurred real estate development by the early 2010s. However, legal disputes stalled construction on crucial sections, leaving only 16.6 kilometers completed by 2014.

In 2017, the project was transferred to a central agency. The vision expanded, extending the expressway all the way to Shiv Murti near Mahipalpur in Delhi. This decision further enhanced its potential impact.

Dwarka Expressway

Redefining the Real Estate Landscape

Anshuman Magazine, Chairman & CEO of CBRE for India, South-East Asia, Middle East & Africa, highlights the Dwarka Expressway's transformative power. He views it as a catalyst for economic and infrastructural growth, not just a transportation link.

The anticipation surrounding the expressway's completion has already impacted the real estate market. A surge in residential development, particularly in sectors bridging Gurgaon and Delhi, is evident. Magazine notes a promising decrease in unsold inventory levels, dropping from 25-30% 8-10 years ago to a much lower 7-8% currently.

The expressway's strategic location, cutting through key residential and commercial hubs, promises to significantly reduce travel times and ease traffic congestion. This, coupled with its proximity to major developments and the proposed extension of the Delhi Metro Magenta Line, makes the area even more attractive for real estate investment.

Luxury Living Meets Seamless Connectivity

Real estate developments along the Dwarka Expressway are increasingly synonymous with a luxurious lifestyle. These projects offer contemporary amenities like clubhouses, swimming pools, gyms, and 24-hour security, catering to both buyers and renters seeking a premium living experience with unparalleled connectivity.

"The seamless fusion of luxury and connectivity not only enhances the living experience but also solidifies the area's attractiveness as a top choice for real estate investment. Dwarka Expressway will revolutionize the real estate market in the Delhi-Gurugram corridor," Magazine concluded.

Beyond Residential: A Look at Infrastructure

The impact of the Dwarka Expressway extends beyond real estate. Multiple flyovers, link roads, ramps, and underpasses are planned and under development along the expressway. These include:

  • Dwarka Expressway itself

  • Extension of Nelson Mandela Marg

  • Proposed Gurgaon Manesar Expressway

  • Extension of Urban Extension Road-II to Ryan International School south of Rangpuri

This improved infrastructure network will further enhance connectivity and support the overall development of the region.

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