The inauguration of the Gurugram Stretch of Dwarka Expressway by the Prime Minister has garnered attention from real estate experts, who are sharing their insights on the potential implications of this development.
Mr. Mohit Jain, Managing Director, Krisumi Corporation
Major infrastructure projects like the Dwarka Expressway play a crucial role in boosting the economy. The government prioritizes such developments because they improve connectivity, which, in turn, benefits various sectors including real estate.
The completion of the Gurugram stretch of the Dwarka Expressway is expected to have a positive impact on the region. We anticipate a sustained demand for properties in Gurugram, especially in areas near the expressway, in the coming years. This growth is likely to span across both residential and commercial segments, including the luxury housing market.
The real estate market in Gurugram has already shown strong demand, with a significant decrease in unsold inventory. With the opening of the Dwarka Expressway, we anticipate further reduction in unsold properties and a surge in new launches, both residential and commercial. The expressway has the potential to emerge as a major hub for development, not only in Gurugram but also in the entire NCR region.
Mr. Aman Sarin, Director & CEO, Anant Raj Limited
The completion of the Dwarka Expressway is expected to be a game-changer, particularly for the National Capital Region (NCR). Similar to the impact seen after the completion of the Jaipur Expressway, the Dwarka Expressway is poised to bring significant benefits to Gurugram.
From a real estate perspective, the completion of the expressway will benefit homebuyers who have invested in properties in this region. It will also unlock opportunities for new developments, both residential and commercial. With the already robust demand for properties in Gurugram, the expressway’s completion is expected to further stimulate the market and boost demand for commercial real estate.
Overall, the impact of the Dwarka Expressway is anticipated to be highly positive, not only for the real estate sector but also for urbanization efforts in Delhi and Gurugram. With improved connectivity, the expressway is expected to catalyze further growth and development, creating a more vibrant urban landscape in the region.
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