Dwarka - Manesar Expressway !!

Northern Periphery Road

The Northern periphery Road, commonly known as Dwarka Expressway has been fascinating Investors ever since it came on papers. This 18 km, widest expressway is being developed under the PPP model and will connect Dwarka with Gurgaon on NH8 near the Kherki dhaula Village. It is being planned as an alternate connectivity between Delhi and Gurgaon and is expected to ease the traffic on NH8.
The property prices alongside Dwarka Expressway has seen an upward trend ever since the 1st project was launched. Numerous projects were launched and all have seen good price appreciation in it. Investors, also made huge money by investing on D-Eway. The prices shot up from Rs.2500 psft to a whopping Rs.10500 psft (Tata Sector 113). There were some projects which did see very less appreciation while being very close to D Eway.

Salient Features of Dwarka Expressway :-
1. Widest expressway of Asia.(150 meter wide)
2. Very Close to IGI airport and West Delhi.
3. Well planned Infrastructure.
4. Will reduce travel time between Gurgaon and Delhi Drastically.
5. Diplomatic Enclave in close vicinity.
6. Commercial Developments along side.
7. Metro Route Planned with D Eway

Dwarka Expressway as an Investment !!

Its not very difficult to say that Dwarka Expressway is a one of the best investment option available in the NCR after analyzing the past trends.It was and will be a destination which will keep on attracting investors by its extra ordinary returns. Many builders have come up with their world class projects alongside D Eway.
It is obvious, that it will be a place to stay in the near future with all the modern facilities and excellent connectivity.The Sectors alongside D Eway will soon become the posh sectors of gurgaon with options for both middle and upper class people. The Expressway has got a diverse range of offerings in terms of housing and commercial developments. The Price tag starts around Rs.50 lacs and shoots up to Rs. 8.5cr.

For a new investor, I would suggest that if you are investing on Dwarka Expressway, you should have patience and ability to hold your property for the next 2 years. Gone are the days when D Eway used to give returns in 6 months time. I agree to the point that D Eway prices has saturated to some extent, but still it has long way to go. This is the essence of Dwarka Expressway that TATA came up with a project with a price tag of Rs.10500 psft. The average prices on D Eway is around Rs. 5000 psft which is expected to double once the Expressway is operational.

Current Status :-
The prevailing litigation on D Eway is almost cleared now and NCR people can expect this expressway to be operational in 2 years time.(2nd quarter, 2015).
Early this year, there were some obstruction from the New Palam Vihar residents.

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Dwarka expressway will be a dream come true for the government officials,residents and the investors.Its very obvious that the hype created along Dwarka Expressway will not go into vain and one day it will come into operation. Its just a wait and watch game.

Happy Investing !!

Nirad K Singh