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The company has launched the project at Rs 17,500 per square feet and the ticket price for an apartment would range from Rs 4.99 crore to Rs 6.78 crore.
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Market watchers say the connectivity upgrade will open fresh residential and commercial catchments, pushing up property demand in both primary and secondary markets. They project that property and land prices could rise 15–20 percent over the next two years along UER-2 and the Dwarka Expressway corridor.
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The 10.1 km long Delhi section of Dwarka Expressway has been developed at a cost of around Rs 5,360 crore. The section will also provide multi-modal connectivity to Yashobhoomi, Delhi Metro Blue line and Orange line, upcoming Bijwasan railway station and Dwarka cluster bus depot.
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The UER-2, which will function as Delhi's new "Outer Ring Road," has been designed to provide direct airport connectivity to major areas of Delhi, while strengthening connectivity between NCR cities like Sonipat, Panipat, Karnal, Ambala, Rohtak, Jind, and Bahadurgarh.
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Fuelled by infrastructure development, areas like the Dwarka Expressway region, sectors along Noida-Greater Noida Expressway, Sohna Road, New Gurugram, the Yamuna Expressway region and Southern Peripheral Road (SPR) are now emerging as new realty hotspots.
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Experts say that the growth in housing prices along Dwarka Expressway is an indicator of the growing demand for well-planned, infrastructure-led development. The strong price appreciation also reflects high investor confidence, they said.
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The Dwarka Expressway and Delhi -Chandigarh stretch of National Highway 44 will be the first two highways where the new tolling systems are proposed to be implemented.
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Located in sector 112 on the Dwarka Expressway which connects Delhi and Gurugram, the project will offer 3 and 4 BHK residences priced between 3.52-5.47 crore.
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Many areas such as Sohna Road, Raj Nagar Extension, New Gurugram and Meerut are emerging as new booming realty hubs in the NCR.
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Elan Group’s portfolio consists of 15 projects comprised of residential, retail, commercial and hospitality. These projects are spread across Gurugram and New Delhi and offer a cumulative built-up area of approximately 25 million square feet.
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Both the Dwarka and Noida-Greater Noida expressways have made commuting easy to and from these satellite towns. Experts say this enhances the appeal of the new condominiums that have come up along the routes and which boast new-age amenities, with malls and offices, and social infrastructure like schools and hospitals in the vicinity.
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The land parcel is located at village Harsaru, sector 88A, in Gurugram near Dwarka Expressway. The developer paid a stamp duty of Rs 2.27 crore for the registration of the agreement, the documents showed.
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The project ‘Estates 360’ at Gurugram will come up at the cusp of Dwarka Expressway, CPR and NH-8 in Gurugram. The project will have one-third of the total luxury apartments dedicated for senior living.
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Ganga Realty plans to develop an uber-luxury housing project ‘Anantam’, comprising three towers with each having ground-plus-59 floors, in Gurugram sector 85 near Dwarka Expressway
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Prime Minister Narendra Modi inaugurated the Haryana section of Dwarka Expressway, which will help improve traffic flow and ease congestion between Delhi and Gurugram. Stretching over 29 kilometers, the Dwarka Expressway aims to provide a smoother commute. So, what is the route and how will it ease Delhi-Gurugram traffic for commuters ? Watch to find out.
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Dwarka Expressway: Experts anticipates that prices of properties and land parcels located in sectors along the elevated corridor may see an uptick of around 10-15 percent in next few months after the opening of the facility. The expressway will not only reduce the travel time between Delhi and Gurugram but also give a boost to real estate opportunities along the corridor
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At the inauguration, PM said, 'I am glad that I got this opportunity to dedicate the Dwarka Expressway to the nation. More than Rs 9,000 crore were spent on this expressway. This will change the travel experience between Delhi and Haryana forever.'
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The expressway will help improve traffic flow and ease congestion between New Delhi and Gurugram on the National Highway-48.
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The advisory has urged commuters to avoid Dhulsiras Chowk, Sector 8-9 crossing, Carmel Chowk Sector-20, Janki Chowk near Sector-23 police station and Pochanpur flyover Sector-23 Chowk.
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Being one of its kind in India, the Dwarka Expressway will feature an elevated eight-lane access-controlled expressway.
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According to the statement, the elevated 8-lane access control expressway has been built at a cost of approximately Rs 9,000 crore.
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Plots worth over Rs 1,100 crore are located in Gurugram alone. The Gurugram plots are located in sectors 39, 45, 46, 47, 52, 57 and 110A.
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From the Chenab Bridge of Jammu and Kashmir to the Agra Metro project. Prime Minister Modi is all set to inaugurate these five major infra projects before the Loksabha elections. The government of India calls this a move towards Viksit Bharat. The inauguration of these five major projects comes after many projects across Gujarat, Uttar Pradesh, and Tamil Nadu. Chenab Bridge of Jammu and Kashmir, Delhi-Mumbai Expressway, Dwarka Expressway, Mumbai Trans-harbour link, and Agra Metro are among the projects that will be inaugurated in the coming two months. But what are the features of this project? Aman Sharma of CNN News 18 explains.
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Urban Extension Road 2 (UER 2) will reduce the travel time from north Delhi to IGI airport to 20 minutes. Addressing the Indian diaspora in Prague, Union Minister Nitin Gadkari said UER-2 will get operational in two to three months. So, what is UER 2 and how will it cut the travel time? Watch the video
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Nitin Gadkari claims that 50–60 percent of traffic currently travelling on National Highway-8 will be switched to the new Dwarka Expressway, which will improve traffic flow towards Sohna Road and Golf Course Road
